WINTON GROUP Ltd Invests $1.31 Million in Everest Group, Ltd. $EG

WINTON GROUP Ltd bought a new stake in Everest Group, Ltd. (NYSE:EG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,870 shares of the company’s stock, valued at approximately $1,313,000.

Other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its stake in Everest Group by 98.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 181 shares of the company’s stock worth $66,000 after purchasing an additional 90 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Everest Group during the second quarter valued at approximately $384,000. Marshall Wace LLP bought a new position in shares of Everest Group in the second quarter worth approximately $238,000. Jump Financial LLC purchased a new position in shares of Everest Group in the second quarter worth $1,510,000. Finally, Federated Hermes Inc. increased its stake 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 buying an additional 510 shares during the period. 92.64% of the stock is currently owned by hedge funds and other institutional investors.

Everest Group Price Performance

Shares of NYSE EG opened at $330.77 on Tuesday. Everest Group, Ltd. has a 1 year low of $302.44 and a 1 year high of $368.29. The stock has a market capitalization of $13.09 billion, a P/E ratio of 6.73, a P/E/G ratio of 0.53 and a beta of 0.31. The company’s 50-day moving average is $340.73 and its 200 day moving average is $331.90. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.37 and a quick ratio of 0.37.

Everest Group (NYSE:EG) last issued its quarterly earnings data on Monday, March 23rd. The company reported $16.08 EPS for the quarter. The business had revenue of $4.07 billion during the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%. On average, sell-side analysts expect that Everest Group, Ltd. will post 52.62 earnings per share for the current year.

Everest Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a dividend of $2.00 per share. The ex-dividend date is Friday, June 12th. This represents a $8.00 annualized dividend and a dividend yield of 2.4%. Everest Group’s payout ratio is currently 16.27%.

Analyst Ratings Changes

Several brokerages have weighed in on EG. Citigroup increased their price target on shares of Everest Group from $342.00 to $395.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. Keefe, Bruyette & Woods boosted their price objective on shares of Everest Group from $402.00 to $411.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. UBS Group set a $355.00 price objective on shares of Everest Group in a research note on Thursday, May 21st. Morgan Stanley raised their target price on Everest Group from $340.00 to $355.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Everest Group in a report on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $373.73.

Insiders Place Their Bets

In related news, CEO Jason Keen sold 775 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $351.84, for a total value of $272,676.00. Following the sale, the chief executive officer directly owned 8,170 shares of the company’s stock, valued at $2,874,532.80. This represents a 8.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.70% of the stock is currently owned by insiders.

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.