Korea Investment CORP Takes Position in Everest Group, Ltd. $EG

Korea Investment CORP purchased a new position in Everest Group, Ltd. (NYSE:EG - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 39,668 shares of the company's stock, valued at approximately $14,171,000. Korea Investment CORP owned about 0.10% of Everest Group at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. raised its stake in shares of Everest Group by 98.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 181 shares of the company's stock valued at $66,000 after buying an additional 90 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Everest Group during the second quarter worth $384,000. Marshall Wace LLP acquired a new stake in Everest Group during the second quarter valued at $238,000. Jump Financial LLC acquired a new stake in Everest Group during the second quarter valued at $1,510,000. Finally, Federated Hermes Inc. raised its position in shares of Everest Group by 3.7% in the second quarter. Federated Hermes Inc. now owns 14,411 shares of the company's stock worth $4,898,000 after acquiring an additional 510 shares during the period. 92.64% of the stock is currently owned by institutional investors and hedge funds.

Everest Group Price Performance

Everest Group stock opened at $370.18 on Monday. Everest Group, Ltd. has a 1 year low of $302.44 and a 1 year high of $401.07. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.35 and a current ratio of 0.35. The company's 50 day simple moving average is $366.34 and its 200-day simple moving average is $346.91. The company 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 (NYSE:EG - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $14.85 EPS for the quarter, topping analysts' consensus estimates of $14.52 by $0.33. Everest Group had a return on equity of 13.63% and a net margin of 11.41%.The company had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $3.99 billion. During the same period in the prior year, the firm earned $16.10 earnings per share. The firm's revenue was down 11.8% compared to the same quarter last year. As a group, equities research analysts expect that Everest Group, Ltd. will post 52.91 earnings per share for the current year.

Everest Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Wednesday, September 9th will be given a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 9th. Everest Group's payout ratio is currently 16.92%.

Analysts Set New Price Targets

EG has been the topic of a number of recent analyst reports. Atlantic Securities set a $484.00 target price on Everest Group in a research report on Wednesday, July 15th. Barclays boosted their price objective on Everest Group from $420.00 to $430.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. Weiss Ratings raised shares of Everest Group from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 10th. TD Cowen raised their price target on shares of Everest Group from $365.00 to $385.00 and gave the stock a "hold" rating in a research note on Wednesday. Finally, Evercore set a $377.00 price target on shares of Everest Group in a research report on Thursday, July 30th. 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, Everest Group presently has a consensus rating of "Hold" and an average target price of $395.27.

Key Stories Impacting Everest Group

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 Company Profile

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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