Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Everest Group, Ltd. (NYSE:EG - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 981,772 shares of the company's stock, valued at approximately $350,718,000. Barrow Hanley Mewhinney & Strauss LLC owned 2.56% of Everest Group at the end of the most recent quarter.
Several other large investors have also modified their holdings of the stock. Trifecta Capital Advisors LLC acquired a new position in Everest Group in the 2nd quarter valued at $29,000. Activest Wealth Management acquired a new stake in shares of Everest Group in the 4th quarter worth $34,000. Raiffeisen Bank International AG acquired a new stake in shares of Everest Group in the 4th quarter worth $34,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Everest Group in the fourth quarter valued at about $37,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Everest Group in the second quarter valued at about $39,000. Hedge funds and other institutional investors own 92.64% of the company's stock.
More Everest Group News
Here are the key news stories impacting Everest Group this week:
- Positive Sentiment: Upward earnings revisions: Zacks Research raised its FY2026 EPS forecast to $53.10 from $52.49, FY2027 to $59.23 from $58.45, and FY2028 to $66.63 from $65.28. It also increased estimates for Q4 2026, Q1 and Q2 2027, Q3 2027, and Q1 and Q2 2028. The revisions suggest improving expectations for Everest Group’s underwriting and investment results.
- Positive Sentiment: Forecast remains above consensus: Zacks’ $53.10 FY2026 estimate is modestly higher than the current analyst consensus of $52.83, providing a favorable earnings-expectations catalyst.
- Neutral Sentiment: TD Cowen maintained its Hold rating: The unchanged stance indicates the analyst sees limited immediate reason to change the investment case, even as earnings forecasts improve. TD Cowen Sticks to Their Hold Rating for Everest Group
- Negative Sentiment: One near-term forecast was cut: Zacks reduced its Q3 2026 EPS estimate to $8.88 from $9.03, signaling some expected earnings pressure in the upcoming quarter.
Everest Group Stock Up 0.0%
Shares of NYSE EG opened at $370.18 on Monday. The stock has a market capitalization of $14.19 billion, a price-to-earnings ratio of 7.83, a price-to-earnings-growth ratio of 0.73 and a beta of 0.29. Everest Group, Ltd. has a 52 week low of $302.44 and a 52 week high of $401.07. The firm has a 50-day moving average price of $366.34 and a 200 day moving average price of $346.91. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.23.
Everest Group (NYSE:EG - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $14.85 earnings per share for the quarter, topping the consensus estimate of $14.52 by $0.33. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same period in the prior year, the business posted $16.10 earnings per share. The firm's revenue for the quarter was down 11.8% compared to the same quarter last year. Equities research analysts anticipate that Everest Group, Ltd. will post 52.91 EPS for the current fiscal year.
Everest Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Wednesday, September 9th will be issued a $2.00 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.2%. Everest Group's dividend payout ratio is currently 16.92%.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on EG. Atlantic Securities set a $484.00 price target on shares of Everest Group in a research note on Wednesday, July 15th. TD Cowen lifted their price objective on Everest Group from $365.00 to $385.00 and gave the company a "hold" rating in a report on Wednesday. Mizuho dropped their target price on Everest Group from $418.00 to $416.00 and set a "neutral" rating on the stock in a research report on Friday, July 31st. Barclays increased their target price on Everest Group from $420.00 to $430.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. Finally, Keefe, Bruyette & Woods raised their price target on Everest Group from $411.00 to $414.00 and gave the company an "outperform" rating in a report on Wednesday, July 8th. Four investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $395.27.
Read Our Latest Research Report on EG
Everest Group Company Profile
(
Free Report)
Everest Group NYSE: EG is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.
With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.
Further Reading
Want to see what other hedge funds are holding EG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Everest Group, Ltd. (NYSE:EG - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
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