William Blair Investment Management LLC Takes Position in Everest Group, Ltd. $EG

Key Points

• William Blair Investment Management acquired 479,877 shares of Everest Group, valued at approximately $171.4 million, giving it a 1.25% stake. Institutional investors and hedge funds collectively own 92.64% of the company.
• Everest Group beat quarterly EPS expectations, reporting $14.85 versus the $14.52 consensus, although revenue fell 11.8% year over year to $3.96 billion. Analysts’ consensus rating remains Hold, with an average price target of $395.27.
• The company declared a quarterly dividend of $2.00, equivalent to $8.00 annually and a 2.2% yield. Zacks raised its full-year earnings forecasts through 2028, despite trimming its Q3 2026 EPS estimate.

William Blair Investment Management LLC acquired a new stake in Everest Group, Ltd. (NYSE:EG - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 479,877 shares of the company's stock, valued at approximately $171,426,000. William Blair Investment Management LLC owned about 1.25% of Everest Group as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Trifecta Capital Advisors LLC acquired a new position in Everest Group during the 2nd quarter valued at approximately $29,000. Activest Wealth Management acquired a new stake in shares of Everest Group during the fourth quarter worth $34,000. Raiffeisen Bank International AG acquired a new stake in shares of Everest Group during the fourth quarter worth $34,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Everest Group during the fourth quarter valued at $37,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Everest Group during the second quarter valued at $39,000. 92.64% of the stock is currently owned by institutional investors and hedge funds.

Key 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 Trading Up 0.5%

Shares of Everest Group stock opened at $370.18 on Friday. The stock has a market cap of $14.19 billion, a PE ratio of 7.83, a price-to-earnings-growth ratio of 0.73 and a beta of 0.29. The firm has a fifty day moving average price of $366.34 and a 200 day moving average price of $346.80. 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 current ratio of 0.35 and a quick ratio of 0.35.

Everest Group (NYSE:EG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $14.85 EPS for the quarter, beating the consensus estimate of $14.52 by $0.33. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates 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 was down 11.8% on a year-over-year basis. During the same period in the prior year, the company earned $16.10 earnings per share. Equities research analysts predict that Everest Group, Ltd. will post 52.91 earnings per share for the current year.

Everest Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Wednesday, September 9th will be paid 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 presently 16.92%.

Analyst Ratings Changes

EG has been the subject of a number of research analyst reports. Barclays raised 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. TD Cowen increased their price objective on Everest Group from $365.00 to $385.00 and gave the company a "hold" rating in a report on Wednesday. UBS Group raised their price objective on Everest Group from $374.00 to $395.00 and gave the stock a "neutral" rating in a research note on Monday, August 3rd. Morgan Stanley raised their price objective on Everest Group from $355.00 to $360.00 and gave the stock an "equal weight" rating in a research note on Monday, July 6th. Finally, 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. Four investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $395.27.

Everest Group 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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