Mirae Asset Global Investments Co. Ltd. Purchases 9,287 Shares of Everest Group, Ltd. $EG

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Everest Group, Ltd. (NYSE:EG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,287 shares of the company’s stock, valued at approximately $3,391,000.

Other large investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Everest Group in the 2nd quarter worth $1,150,555,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Everest Group during the second quarter worth about $350,718,000. William Blair Investment Management LLC acquired a new position in shares of Everest Group during the second quarter valued at about $171,426,000. Hsbc Holdings PLC increased its holdings in shares of Everest Group by 507.4% during the first quarter. Hsbc Holdings PLC now owns 449,919 shares of the company’s stock valued at $147,102,000 after acquiring an additional 375,846 shares in the last quarter. Finally, Donald Smith & CO. Inc. purchased a new position in shares of Everest Group in the 2nd quarter valued at approximately $153,206,000. 92.64% of the stock is owned by institutional investors and hedge funds.

Everest Group Stock Performance

Shares of NYSE EG traded down $7.20 during trading on Friday, reaching $410.59. 359,126 shares of the company traded hands, compared to its average volume of 431,413. The stock has a market cap of $15.21 billion, a P/E ratio of 8.68, a PEG ratio of 0.58 and a beta of 0.23. The firm’s fifty day simple moving average is $382.48 and its 200 day simple moving average is $355.53. The company has a current ratio of 0.36, a quick ratio of 0.35 and a debt-to-equity ratio of 0.25. Everest Group, Ltd. has a 12-month low of $304.55 and a 12-month high of $431.19.

Everest Group (NYSE:EG) last posted its earnings results on Wednesday, October 28th. The company reported $7.62 EPS for the quarter, missing the consensus estimate of $9.38 by ($1.76). Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same period last year, the business earned $7.54 earnings per share. The firm’s revenue was down 14.0% on a year-over-year basis. As a group, research analysts anticipate that Everest Group, Ltd. will post 53.43 earnings per share for the current fiscal year.

Everest Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be paid a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, December 4th. Everest Group’s payout ratio is currently 16.91%.

Insider Transactions at Everest Group

In other Everest Group news, Director Laura Hay sold 144 shares of Everest Group stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $418.78, for a total value of $60,304.32. Following the completion of the transaction, the director owned 1,770 shares of the company’s stock, valued at approximately $741,240.60. The trade was a 7.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.70% of the company’s stock.

Key Headlines Impacting Everest Group

Here are the key news stories impacting Everest Group this week:

• Positive Sentiment: DOWLING & PARTN raised its EPS estimates for fiscal 2026, 2027 and 2028 to $55, $63 and $70, respectively. The higher forecasts may support sentiment, although they are analyst estimates rather than company guidance. Analyst estimate update
• Neutral Sentiment: Everest declared a $2 quarterly dividend, payable December 18 to shareholders of record December 4. Dividend announcement
• Neutral Sentiment: Director Laura Hay sold 144 shares under a pre-arranged Rule 10b5-1 trading plan. The modest sale and planned nature of the transaction may make it less informative as a signal about her view of the stock. Director share sale
• Negative Sentiment: Several law firms publicized the same pending securities class action, alleging Everest made misleading statements during February 8, 2024–October 27, 2025. Investors have until December 28, 2026, to seek lead-plaintiff status. The allegations are not findings of wrongdoing, but the litigation may create legal costs and uncertainty. Class action alert

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on EG shares. Wells Fargo & Company upped their price target on shares of Everest Group from $396.00 to $428.00 and gave the company an “equal weight” rating in a research note on Monday, November 2nd. Keefe, Bruyette & Woods boosted their price objective on shares of Everest Group from $407.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday. Rosenblatt Securities set a $455.00 target price on Everest Group in a research report on Tuesday, September 22nd. TD Cowen raised their target price on Everest Group from $365.00 to $385.00 and gave the stock a “hold” rating in a research note on Wednesday, August 19th. Finally, Weiss Ratings raised Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 21st. Five research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $426.27.

Everest Group Company Profile

Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.

The company’s reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.