Ieq Capital LLC Acquires New Shares in Everest Group, Ltd. $EG

Key Points

• Ieq Capital acquired 29,403 Everest Group shares worth approximately $10.5 million, while institutional investors collectively own 92.64% of the stock.
• Everest Group reported quarterly EPS of $14.85, beating estimates of $14.52, although revenue fell 11.8% year over year to $3.96 billion.
• The company declared a quarterly dividend of $2.00 per share, equivalent to an annualized $8.00 payout and a 2.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $395.27.

Ieq Capital LLC acquired a new position in shares of Everest Group, Ltd. (NYSE:EG - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 29,403 shares of the company's stock, valued at approximately $10,503,000. Ieq Capital LLC owned about 0.08% of Everest Group as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of EG. Siemens Fonds Invest GmbH increased its position in shares of Everest Group by 3.3% in the fourth quarter. Siemens Fonds Invest GmbH now owns 1,067 shares of the company's stock valued at $364,000 after buying an additional 34 shares in the last quarter. V Square Quantitative Management LLC raised its stake in shares of Everest Group by 4.0% during the 1st quarter. V Square Quantitative Management LLC now owns 968 shares of the company's stock worth $316,000 after buying an additional 37 shares during the last quarter. Brown Brothers Harriman & Co. boosted its position in shares of Everest Group by 27.6% in the 4th quarter. Brown Brothers Harriman & Co. now owns 171 shares of the company's stock worth $58,000 after buying an additional 37 shares in the last quarter. GenTrust LLC boosted its position in shares of Everest Group by 4.8% in the 4th quarter. GenTrust LLC now owns 874 shares of the company's stock worth $297,000 after buying an additional 40 shares in the last quarter. Finally, Tred Avon Family Wealth LLC grew its stake in Everest Group by 6.5% in the 1st quarter. Tred Avon Family Wealth LLC now owns 657 shares of the company's stock valued at $215,000 after acquiring an additional 40 shares during the last quarter. 92.64% of the stock is currently owned by hedge funds and other institutional investors.

Everest Group Stock Up 0.5%

EG opened at $370.18 on Friday. The firm has a market cap of $14.19 billion, a P/E ratio of 7.83, a PEG ratio of 0.73 and a beta of 0.29. The business's fifty day simple moving average is $366.34 and its 200 day simple moving average is $346.80. Everest Group, Ltd. has a 52 week low of $302.44 and a 52 week high of $401.07. 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 announced its earnings results on Wednesday, July 29th. The company reported $14.85 earnings per share for the quarter, beating the consensus estimate of $14.52 by $0.33. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.99 billion. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The firm's revenue for the quarter was down 11.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $16.10 EPS. As a group, 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. Stockholders of record on Wednesday, September 9th will be issued a dividend of $2.00 per share. 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 payout ratio is 16.92%.

Analysts Set New Price Targets

Several equities analysts have weighed in on EG shares. TD Cowen raised their target price on shares of Everest Group from $365.00 to $385.00 and gave the company a "hold" rating in a report on Wednesday. Wells Fargo & Company upped their price target on shares of Everest Group from $373.00 to $396.00 and gave the company an "equal weight" rating in a report on Friday, July 31st. Keefe, Bruyette & Woods increased their price target on shares of Everest Group from $411.00 to $414.00 and gave the company an "outperform" rating in a research report on Wednesday, July 8th. UBS Group raised their price objective on shares of Everest Group from $374.00 to $395.00 and gave the stock a "neutral" rating in a research note on Monday, August 3rd. Finally, Atlantic Securities set a $484.00 price objective on Everest Group in a research report on Wednesday, July 15th. Four investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $395.27.

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.

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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