Everpure’s (P) “Buy” Rating Reiterated at Guggenheim

Guggenheim reissued their buy rating on shares of Everpure (NYSE:P) in a research report sent to investors on Thursday morning,Benzinga reports. Guggenheim currently has a $150.00 price objective on the stock.

P has been the topic of several other research reports. Piper Sandler raised their target price on Everpure from $133.00 to $162.00 and gave the company an “overweight” rating in a research report on Thursday. DA Davidson set a $100.00 price target on Everpure in a research note on Wednesday, July 1st. William Blair reiterated an “outperform” rating on shares of Everpure in a research report on Thursday, May 28th. Raymond James Financial reissued an “outperform” rating and issued a $122.00 price objective on shares of Everpure in a research note on Thursday, August 27th. Finally, Bank of America upgraded Everpure from a “neutral” rating to a “buy” rating and raised their price objective for the company from $90.00 to $150.00 in a report on Thursday, August 27th. Seventeen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $138.25.

Everpure Stock Up 3.6%

P stock opened at $126.22 on Thursday. Everpure has a 52 week low of $56.78 and a 52 week high of $131.41. The stock’s 50-day moving average is $96.63. The stock has a market capitalization of $42.06 billion, a PE ratio of 172.91, a P/E/G ratio of 5.07 and a beta of 1.43.

Everpure (NYSE:P) last issued its quarterly earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.51. Everpure had a net margin of 5.94% and a return on equity of 19.06%. The firm had revenue of $1.19 billion for the quarter. The firm’s revenue was up 37.7% on a year-over-year basis. On average, equities research analysts expect that Everpure will post 0.95 earnings per share for the current year.

Insider Buying and Selling

In other Everpure news, insider John Colgrove sold 200,000 shares of Everpure stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $96.98, for a total value of $19,396,000.00. Following the completion of the transaction, the insider directly owned 6,474,080 shares of the company’s stock, valued at $627,856,278.40. The trade was a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,008,050 shares of company stock worth $101,591,156. Company insiders own 5.10% of the company’s stock.

Institutional Investors Weigh In On Everpure

Hedge funds have recently added to or reduced their stakes in the business. QRG Capital Management Inc. acquired a new position in shares of Everpure in the second quarter worth $1,110,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Everpure in the second quarter valued at $785,000. Andra AP fonden acquired a new stake in shares of Everpure in the second quarter valued at $5,230,000. Sequoia Financial Advisors LLC purchased a new position in Everpure in the second quarter valued at $814,000. Finally, Tidal Investments LLC purchased a new position in Everpure in the second quarter valued at $14,252,000. 83.42% of the stock is currently owned by institutional investors and hedge funds.

Everpure News Roundup

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: At its analyst meeting, Everpure projected fiscal 2028 revenue of $7.0 billion to $7.3 billion, implying 39%–45% growth and exceeding the approximately $6.2 billion consensus estimate. Management cited four strategic growth areas and described the business as reaching an inflection point. Everpure shares jump as fiscal 2028 outlook tops estimates
• Positive Sentiment: Management reaffirmed its fiscal 2027 outlook and said it sees no sign of a slowdown in data-center demand. Hyperscale customers and AI infrastructure are expected to support continued revenue acceleration and potentially improving margins. Everpure CEO says no sign of data-center slowdown
• Positive Sentiment: CFRA upgraded Everpure, while several analysts raised price targets. Citigroup lifted its target to $160, and Needham, Guggenheim, Wells Fargo and Piper Sandler also maintained bullish ratings with targets generally ranging from $145 to $162. Everpure rises on CFRA upgrade
• Positive Sentiment: Northland Securities raised its fiscal 2028 EPS estimates to $0.62 for the third quarter and $0.80 for the fourth quarter, up from $0.55 and $0.70, respectively. The revisions reinforce expectations for accelerating earnings.
• Positive Sentiment: Everpure’s latest quarter also showed strong momentum: revenue grew 37.7% year over year to $1.19 billion, while EPS of $0.70 significantly exceeded the $0.19 consensus estimate.
• Neutral Sentiment: Trading was briefly halted under a limit-up/limit-down pause amid unusually high volatility, highlighting the market’s strong reaction to the outlook.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.6 million under a pre-arranged Rule 10b5-1 plan. He still owns more than 5.7 million shares, but the sale—and other recent disposals—may concern investors at a richly valued stock.
• Negative Sentiment: Everpure trades at a very high earnings multiple, leaving limited room for disappointing growth, rising component costs or weaker pricing. Analysts and investors must determine whether AI-driven demand can justify the premium valuation.

About Everpure

Everpure is a water-treatment and filtration brand owned by Pentair plc, rather than a separately listed company trading under the NYSE symbol P. The brand provides filtration and water-conditioning solutions for residential, commercial, foodservice, and beverage applications.

Its product portfolio includes water filters, cartridges, heads, manifolds, reverse-osmosis systems, scale-reduction products, and related treatment equipment. Everpure systems are used to improve water quality and help protect equipment in applications such as drinking-water dispensers, coffee and tea equipment, ice machines, restaurants, and other foodservice operations.

Everpure was established in 1933 and serves customers through Pentair’s global water-solutions business.