Everest Group (NYSE:EG) Director William Galtney, Jr. Sells 2,500 Shares of Company Stock

Everest Group, Ltd. (NYSE:EG) Director William Galtney, Jr. sold 2,500 shares of the stock in a transaction on Tuesday, November 10th. The stock was sold at an average price of $414.29, for a total value of $1,035,725.00. Following the completion of the transaction, the director owned 37,991 shares in the company, valued at approximately $15,739,291.39. This represents a 6.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Everest Group Stock Performance

NYSE EG opened at $421.55 on Wednesday. The company has a market cap of $15.61 billion, a P/E ratio of 8.91, a PEG ratio of 0.57 and a beta of 0.23. The company has a fifty day simple moving average of $384.09 and a 200 day simple moving average of $356.47. The company has a current ratio of 0.36, a quick ratio of 0.36 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 released its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 earnings per share 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 business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same quarter in the previous year, the company posted $7.54 EPS. The business’s quarterly revenue was down 14.0% on a year-over-year basis. Sell-side analysts predict that Everest Group, Ltd. will post 53.10 earnings per share for the current fiscal year.

Everest Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be issued a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, December 4th. Everest Group’s dividend payout ratio (DPR) is currently 16.91%.

Key Headlines Impacting Everest Group

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

• Negative Sentiment: Several law firms are publicizing a class action covering investors who bought Everest shares from February 8, 2024, through October 27, 2025. The complaint alleges Everest misled investors about casualty underwriting risks and remediation, including its exposure to certain high-risk business and the transfer of renewal rights on roughly $2 billion in annual premiums to AIG. Investors may seek lead-plaintiff status by December 27 or 28, 2026. The litigation could create reputational and legal uncertainty, though the allegations have not been proven. Class-action notice
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target to $407 from $450, a potentially bearish signal about near-term valuation. Analyst price-target update
• Negative Sentiment: Director William Galtney, Jr. sold 5,000 shares on November 6 and another 2,500 on November 10, for about $3.1 million in total. He retained 37,991 shares after the later sale; insider selling may weigh on sentiment but does not by itself indicate a change in company outlook. SEC Form 4 filing

Hedge Funds Weigh In On Everest Group

Large investors have recently bought and sold shares of the stock. Focus Advisor Solutions LLC grew its stake in shares of Everest Group by 81.6% in the 3rd quarter. Focus Advisor Solutions LLC now owns 2,426 shares of the company’s stock worth $886,000 after acquiring an additional 1,090 shares in the last quarter. Composition Wealth LLC purchased a new stake in shares of Everest Group in the third quarter valued at about $290,000. Global Retirement Partners LLC raised its holdings in shares of Everest Group by 59.4% in the third quarter. Global Retirement Partners LLC now owns 813 shares of the company’s stock valued at $297,000 after purchasing an additional 303 shares during the last quarter. Sompo Asset Management Co. Ltd. lifted its position in shares of Everest Group by 4.8% during the third quarter. Sompo Asset Management Co. Ltd. now owns 5,121 shares of the company’s stock valued at $1,870,000 after purchasing an additional 236 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new position in shares of Everest Group during the third quarter valued at about $397,000. 92.64% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EG. Citigroup upped their target price on shares of Everest Group from $415.00 to $445.00 and gave the stock a “neutral” rating in a report on Monday, November 2nd. Morgan Stanley raised their price target on shares of Everest Group from $375.00 to $395.00 and gave the company an “equal weight” rating in a research report on Friday, October 30th. Keefe, Bruyette & Woods lifted their price target on Everest Group from $407.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, November 4th. Evercore set a $377.00 price objective on Everest Group in a report on Thursday, July 30th. Finally, Atlantic Securities set a $484.00 price objective on Everest Group in a report on Wednesday, July 15th. Five equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $426.27.

About Everest Group

Everest Group, Ltd. (NYSE: EG) is a global insurance and reinsurance company headquartered in Bermuda. It provides property and casualty coverage to businesses, organizations and other insurers, helping clients manage risks ranging from routine exposures to complex and specialty risks. The company offers reinsurance through treaty and facultative arrangements, as well as primary insurance across a range of commercial and specialty lines. Its operations serve clients in the United States and international markets, including Europe, Canada, Latin America and Asia-Pacific.