36,415 Shares in Everest Group, Ltd. $EG Purchased by Capital Fund Management S.A.

Capital Fund Management S.A. bought a new stake in shares of Everest Group, Ltd. (NYSE:EG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 36,415 shares of the company’s stock, valued at approximately $12,754,000. Capital Fund Management S.A. owned about 0.09% of Everest Group at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new position in Everest Group in the 3rd quarter valued at $30,000. UMB Bank n.a. boosted its stake in Everest Group by 81.4% during the 3rd quarter. UMB Bank n.a. now owns 107 shares of the company’s stock worth $37,000 after purchasing an additional 48 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Everest Group during the second quarter worth $39,000. MUFG Securities EMEA plc purchased a new stake in shares of Everest Group during the second quarter worth $43,000. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of Everest Group by 86.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the company’s stock valued at $53,000 after buying an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. TD Cowen decreased their price target on shares of Everest Group from $400.00 to $365.00 and set a “hold” rating on the stock in a research note on Monday, December 15th. Barclays increased their price objective on shares of Everest Group from $365.00 to $377.00 and gave the company an “overweight” rating in a report on Thursday, January 8th. Mizuho set a $360.00 target price on shares of Everest Group in a research note on Wednesday, February 11th. Keefe, Bruyette & Woods upped their price target on Everest Group from $400.00 to $430.00 and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Finally, UBS Group reaffirmed a “buy” rating and issued a $345.00 price target on shares of Everest Group in a report on Monday, January 12th. Six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $363.21.

Everest Group Stock Up 0.4%

EG stock opened at $322.79 on Friday. The firm has a market cap of $13.04 billion, a PE ratio of 8.53, a PEG ratio of 0.23 and a beta of 0.34. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.39 and a current ratio of 0.39. The firm’s 50 day moving average price is $331.00 and its 200-day moving average price is $332.67. Everest Group, Ltd. has a one year low of $302.44 and a one year high of $370.20.

Everest Group (NYSE:EG) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $13.26 earnings per share for the quarter, missing the consensus estimate of $13.36 by ($0.10). The business had revenue of $4.42 billion during 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 company’s revenue was down 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($18.39) earnings per share. On average, equities research analysts anticipate 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. Stockholders of record on Friday, March 13th will be issued a dividend of $2.00 per share. The ex-dividend date is Friday, March 13th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 2.5%. Everest Group’s dividend payout ratio is currently 21.13%.

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.