Andra AP fonden Takes $5.23 Million Position in Everpure, Inc. $P

Key Points

• Andra AP fonden acquired a new $5.23 million stake in Everpure during the second quarter, buying 66,377 shares. Institutional investors and hedge funds collectively own 83.42% of the company.
• Insiders sold 908,050 shares worth approximately $90 million over the past 90 days. John Colgrove’s $11 million sale was conducted under a Rule 10b5-1 plan to cover tax obligations tied to vested equity awards.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and a $129.10 average price target. Everpure also reported quarterly revenue growth of 37.7% and adjusted earnings that exceeded estimates, although its roughly 150 P/E ratio reflects elevated valuation risk.

Andra AP fonden acquired a new stake in Everpure, Inc. (NYSE:P - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 66,377 shares of the company's stock, valued at approximately $5,230,000.

A number of other large investors also recently bought and sold shares of the stock. Continuum Advisory LLC purchased a new position in Everpure in the second quarter valued at $29,000. Reflection Asset Management acquired a new stake in Everpure in the 4th quarter valued at about $32,000. SHP Wealth Management acquired a new stake in Everpure in the 4th quarter valued at about $36,000. Ancora Advisors LLC purchased a new position in shares of Everpure in the 2nd quarter valued at about $67,000. Finally, Rothschild Investment LLC boosted its stake in shares of Everpure by 18.1% in the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company's stock valued at $67,000 after buying an additional 152 shares during the period. Institutional investors and hedge funds own 83.42% of the company's stock.

Insider Buying and Selling

In other news, insider John Colgrove sold 100,000 shares of the firm's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $110.35, for a total value of $11,035,000.00. Following the completion of the transaction, the insider owned 5,993,309 shares in the company, valued at $661,361,648.15. This trade represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Susan J.S. Taylor sold 8,543 shares of Everpure stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $81.74, for a total value of $698,304.82. Following the transaction, the director directly owned 94,608 shares of the company's stock, valued at $7,733,257.92. This trade represents a 8.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 908,050 shares of company stock worth $89,995,156. Company insiders own 5.10% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on P. Needham & Company LLC assumed coverage on shares of Everpure in a report on Thursday, September 17th. They issued a "buy" rating and a $140.00 target price on the stock. Weiss Ratings restated a "hold (c)" rating on shares of Everpure in a report on Friday, July 17th. UBS Group lifted their price objective on shares of Everpure from $70.00 to $80.00 and gave the stock a "sell" rating in a research report on Thursday, August 27th. Morgan Stanley boosted their target price on shares of Everpure from $108.00 to $119.00 and gave the stock an "overweight" rating in a research note on Thursday, August 27th. Finally, Barclays increased their target price on Everpure from $84.00 to $110.00 and gave the company an "equal weight" rating in a report on Friday, August 28th. Seventeen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $129.10.

Everpure Price Performance

Shares of Everpure stock opened at $109.56 on Thursday. Everpure, Inc. has a 1 year low of $56.78 and a 1 year high of $119.10. The stock has a market cap of $36.51 billion, a P/E ratio of 150.08, a P/E/G ratio of 4.46 and a beta of 1.43. The stock's fifty day simple moving average is $94.42.

Everpure (NYSE:P - Get Free Report) last released its earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.51. The business had revenue of $1.19 billion for the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%.Everpure's quarterly revenue was up 37.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Everpure, Inc. will post 0.96 earnings per share for the current year.

Key Stories Impacting Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Everpure reaffirmed its fiscal 2027 outlook and issued preliminary fiscal 2028 guidance calling for accelerating growth. Management highlighted four strategic growth vectors intended to support durable expansion as the company broadens its storage and data-management business. Everpure Shares Gain on Guidance for Accelerating Growth in FY28
• Positive Sentiment: The new long-term outlook is supported by an expanding business model and management’s expectation of durable, accelerated growth. The reaffirmation of near-term guidance may provide investors with greater confidence that recent momentum can continue. Everpure's Expanding Business Model Fuels New Long-Term Outlook
• Positive Sentiment: Everpure was named a Leader in the 2026 Gartner Magic Quadrant for Infrastructure Platform Consumption Services for the second consecutive year, ranking highest in execution and furthest in vision. The recognition could strengthen the company’s credibility with enterprise customers and support adoption of its consumption-based offerings. Everpure Recognized as a Leader in the 2026 Gartner Magic Quadrant
• Neutral Sentiment: Everpure’s latest reported quarter showed strong momentum, with revenue increasing 37.7% year over year and adjusted earnings substantially exceeding consensus estimates. However, the stock’s roughly 150 price-to-earnings ratio leaves limited room for execution missteps.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11 million. The transaction occurred under a pre-arranged Rule 10b5-1 plan and was intended to cover tax withholding on vested equity awards, reducing its significance as a bearish signal, though repeated insider sales may still weigh on sentiment. Everpure Insider Sells 100,000 Shares

Everpure Company Profile

Everpure is a water-treatment and filtration brand owned by Pentair plc, rather than a separately listed company trading under the NYSE symbol P. The brand provides filtration and water-conditioning solutions for residential, commercial, foodservice, and beverage applications.

Its product portfolio includes water filters, cartridges, heads, manifolds, reverse-osmosis systems, scale-reduction products, and related treatment equipment. Everpure systems are used to improve water quality and help protect equipment in applications such as drinking-water dispensers, coffee and tea equipment, ice machines, restaurants, and other foodservice operations.

Everpure was established in 1933 and serves customers through Pentair's global water-solutions business.

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