Handelsbanken Fonder AB Has $304,000 Holdings in Everest Group, Ltd. $EG

Handelsbanken Fonder AB decreased its stake in Everest Group, Ltd. (NYSE:EG) by 73.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 851 shares of the company’s stock after selling 2,315 shares during the quarter. Handelsbanken Fonder AB’s holdings in Everest Group were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its stake in shares of Everest Group by 70.3% in the 3rd quarter. AQR Capital Management LLC now owns 2,011,033 shares of the company’s stock valued at $695,275,000 after acquiring an additional 830,418 shares during the last quarter. State Street Corp boosted its stake in Everest Group by 0.4% during the 4th quarter. State Street Corp now owns 1,906,692 shares of the company’s stock worth $647,036,000 after acquiring an additional 7,806 shares during the last quarter. Norges Bank acquired a new position in Everest Group during the fourth quarter valued at approximately $630,277,000. Vulcan Value Partners LLC grew its holdings in shares of Everest Group by 6.5% in the 4th quarter. Vulcan Value Partners LLC now owns 1,509,740 shares of the company’s stock valued at $512,288,000 after buying an additional 92,274 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Everest Group by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,170,210 shares of the company’s stock valued at $395,671,000 after buying an additional 4,978 shares in the last quarter. Institutional investors own 92.64% of the company’s stock.

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 Stock Up 0.5%

Shares of Everest Group stock opened at $370.18 on Friday. The firm has a market cap of $14.19 billion, a PE ratio of 7.83, a P/E/G ratio of 0.73 and a beta of 0.29. The business’s 50 day simple moving average is $366.34 and its 200 day simple moving average is $346.80. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.35 and a current ratio of 0.35. Everest Group, Ltd. has a 52-week low of $302.44 and a 52-week high of $401.07.

Everest Group (NYSE:EG) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $14.85 earnings per share for the quarter, topping the consensus estimate of $14.52 by $0.33. The company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.99 billion. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. The business’s quarterly revenue was down 11.8% on a year-over-year basis. During the same period last year, the business earned $16.10 EPS. On average, analysts predict that Everest Group, Ltd. will post 52.91 earnings per share for the current fiscal year.

Everest Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on EG. Weiss Ratings upgraded Everest Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. UBS Group raised their price target on Everest Group from $374.00 to $395.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Atlantic Securities set a $484.00 price objective on Everest Group in a report on Wednesday, July 15th. Wells Fargo & Company increased their target price on Everest Group from $373.00 to $396.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Finally, Evercore set a $377.00 target price on shares of Everest Group in a report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, Everest Group currently has an average rating of “Hold” and a consensus price target of $395.27.

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.