4,368 Everest Group, Ltd. $EG Shares Acquired by Asset Management One Co. Ltd.

Key Points

• Asset Management One increased its Everest Group stake by 25.7% in the third quarter, adding 4,368 shares to own 21,333 shares valued at approximately $7.79 million. Institutional investors collectively own 92.64% of the company.
• Everest’s third-quarter results missed expectations: adjusted EPS was $7.62 versus the $9.38 consensus, while revenue fell 14% year over year to $3.71 billion. Higher catastrophe losses and unfavorable reserve development pressured underwriting performance.
• Analyst sentiment remains mixed, with RBC raising its target to $475 and maintaining an “outperform” rating, while Morgan Stanley raised its target to $395 but kept an “equal weight” rating. Everest also agreed to sell its Chilean insurance operations to AIG and faces a securities-fraud class-action lawsuit related to its U.S. casualty business.

Asset Management One Co. Ltd. increased its position in shares of Everest Group, Ltd. (NYSE:EG - Free Report) by 25.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,333 shares of the company's stock after buying an additional 4,368 shares during the period. Asset Management One Co. Ltd. owned 0.06% of Everest Group worth $7,790,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EG. Park Avenue Securities LLC grew its stake in shares of Everest Group by 12.3% in the 3rd quarter. Park Avenue Securities LLC now owns 1,345 shares of the company's stock valued at $491,000 after purchasing an additional 147 shares during the period. Viewpoint Investment Partners Corp acquired a new position in shares of Everest Group in the 3rd quarter worth approximately $402,000. Apollon Wealth Management LLC raised its holdings in shares of Everest Group by 24.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 1,076 shares of the company's stock worth $393,000 after buying an additional 211 shares in the last quarter. Signaturefd LLC lifted its position in shares of Everest Group by 158.2% during the 3rd quarter. Signaturefd LLC now owns 1,113 shares of the company's stock worth $406,000 after buying an additional 682 shares during the period. Finally, Citizens Financial Group Inc. RI lifted its position in shares of Everest Group by 45.5% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 1,049 shares of the company's stock worth $383,000 after buying an additional 328 shares during the period. Institutional investors and hedge funds own 92.64% of the company's stock.

Everest Group News Roundup

Here are the key news stories impacting Everest Group this week:

• Positive Sentiment: RBC raised its price target to $475 and maintained an “outperform” rating, implying roughly 15% potential upside from the recently cited share price. The revision provides a favorable counterpoint to the company’s weaker quarterly results. RBC raises Everest Group price target
• Positive Sentiment: Everest agreed to sell its Chilean insurance operations to AIG. The transaction could simplify the portfolio, improve capital allocation and allow management to focus on higher-priority markets, although financial terms and the effect on earnings were not provided. Everest announces Chile operations sale
• Neutral Sentiment: Morgan Stanley raised its target to $395 but retained an “equal weight” rating. The higher target reflects improved valuation expectations, but it remains below the recently cited trading level, signaling limited near-term upside in the firm’s view. Morgan Stanley raises Everest Group price target
• Negative Sentiment: Third-quarter earnings missed expectations. Everest reported $7.62 in adjusted EPS versus the $9.38 consensus estimate, while revenue of $3.71 billion also fell short of forecasts and declined 14% year over year. Higher catastrophe losses and unfavorable reserve development weakened underwriting profitability, despite record investment income. Everest Group Q3 earnings miss
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action against Everest. The lawsuit alleges the company misrepresented its management of risks tied to its expanding U.S. casualty business. Investors who purchased shares between February 8, 2024, and October 27, 2025, have until December 28, 2026, to seek lead-plaintiff status, creating legal, reputational and potential financial risks. Everest Group investor lawsuit alert

Everest Group Price Performance

NYSE EG opened at $411.58 on Friday. The firm's 50 day moving average is $378.52 and its 200-day moving average is $353.16. The company has a quick ratio of 0.35, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. Everest Group, Ltd. has a 12-month low of $304.55 and a 12-month high of $413.00. The company has a market capitalization of $15.78 billion, a PE ratio of 8.70, a price-to-earnings-growth ratio of 0.61 and a beta of 0.26.

Everest Group (NYSE:EG - Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $7.62 earnings per share for the quarter, missing analysts' consensus estimates of $9.38 by ($1.76). The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.81 billion. Everest Group had a return on equity of 13.71% and a net margin of 11.70%. Everest Group's quarterly revenue was down 14.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.54 earnings per share. Equities research analysts anticipate that Everest Group, Ltd. will post 53.32 earnings per share for the current fiscal year.

Everest Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Wednesday, September 9th were paid a $2.00 dividend. The ex-dividend date was Wednesday, September 9th. This represents a $8.00 annualized dividend and a yield of 1.9%. Everest Group's dividend payout ratio is currently 16.91%.

Analyst Ratings Changes

EG has been the topic of several research analyst reports. Rosenblatt Securities set a $455.00 price objective on shares of Everest Group in a research note on Tuesday, September 22nd. Barclays lifted their target price on shares of Everest Group from $420.00 to $430.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. UBS Group boosted their target price on Everest Group from $374.00 to $395.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Weiss Ratings raised Everest Group from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, October 21st. Finally, Wells Fargo & Company lifted their price objective on Everest Group from $373.00 to $396.00 and gave the company an "equal weight" rating in a research report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $411.38.

Everest Group Profile

Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.

The company's reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.

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