Focus Partners Advisor Solutions LLC Raises Holdings in Everest Group, Ltd. $EG

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in Everest Group by 224.9% in Q3, adding 4,040 shares to own 5,836 shares valued at about $1.97 million.
• Everest Group reported quarterly EPS of $13.26, missing estimates by $0.10, while revenue of $4.42 billion topped expectations but was down 4.6% year‑over‑year.
• The company declared a quarterly dividend of $2.00 (annualized $8.00) with a yield of 2.4%; the record date is March 13 and the payment date is March 27.

Focus Partners Advisor Solutions LLC grew its stake in shares of Everest Group, Ltd. (NYSE:EG - Free Report) by 224.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,836 shares of the company's stock after acquiring an additional 4,040 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Everest Group were worth $1,971,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Root Financial Partners LLC acquired a new position in Everest Group during the 3rd quarter valued at approximately $30,000. UMB Bank n.a. grew its holdings in shares of Everest Group by 81.4% during the third quarter. UMB Bank n.a. now owns 107 shares of the company's stock valued at $37,000 after buying an additional 48 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Everest Group in the 2nd quarter valued at $39,000. MUFG Securities EMEA plc purchased a new position in Everest Group in the 2nd quarter worth $43,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Everest Group by 86.4% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the company's stock worth $53,000 after acquiring an additional 70 shares during the period. 92.64% of the stock is currently owned by institutional investors and hedge funds.

Everest Group Price Performance

Shares of NYSE EG opened at $332.96 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a market capitalization of $13.45 billion, a price-to-earnings ratio of 8.79, a PEG ratio of 0.24 and a beta of 0.34. The firm's 50 day simple moving average is $332.32 and its 200-day simple moving average is $333.16. Everest Group, Ltd. has a 12 month low of $302.44 and a 12 month high of $370.20.

Everest Group (NYSE:EG - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $13.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $13.36 by ($0.10). The firm had revenue of $4.42 billion for the quarter, compared to analysts' expectations of $3.97 billion. Everest Group had a return on equity of 12.50% and a net margin of 9.09%.The business's quarterly revenue was down 4.6% on a year-over-year basis. During the same period last year, the company posted ($18.39) earnings per share. Analysts expect that Everest Group, Ltd. will post 47.93 EPS for the current year.

Everest Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be paid a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, March 13th. Everest Group's payout ratio is currently 21.13%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EG. Wells Fargo & Company reduced their price objective on Everest Group from $332.00 to $310.00 and set an "equal weight" rating for the company in a research note on Friday, February 6th. Evercore set a $365.00 price target on shares of Everest Group in a report on Wednesday, January 7th. Keefe, Bruyette & Woods lifted their price objective on shares of Everest Group from $400.00 to $430.00 and gave the company an "outperform" rating in a research note on Tuesday, January 6th. TD Cowen dropped their price objective on shares of Everest Group from $400.00 to $365.00 and set a "hold" rating on the stock in a report on Monday, December 15th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Everest Group in a report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $363.21.

About Everest Group

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.

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