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

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

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC acquired a new position in Everest Group in the second quarter valued at $29,000. USA Financial Formulas purchased a new position in Everest Group during the 3rd quarter worth approximately $77,000. Fortitude Family Office LLC increased its position in Everest Group by 718.5% during the third quarter. Fortitude Family Office LLC now owns 221 shares of the company’s stock worth $81,000 after buying an additional 194 shares during the period. Transamerica Financial Advisors LLC purchased a new stake in Everest Group in the second quarter valued at approximately $80,000. Finally, Wealth Enhancement Trust Services Inc. lifted its stake in Everest Group by 586.8% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 261 shares of the company’s stock valued at $95,000 after buying an additional 223 shares during the last quarter. Institutional investors and hedge funds 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: 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

Everest Group Price Performance

Everest Group stock traded down $7.20 during mid-day trading on Friday, reaching $410.59. The company had a trading volume of 359,126 shares, compared to its average volume of 431,413. Everest Group, Ltd. has a 1 year low of $304.55 and a 1 year high of $431.19. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.35. The company has a market capitalization of $15.21 billion, a P/E ratio of 8.68, a P/E/G ratio of 0.58 and a beta of 0.23. The stock’s 50-day simple moving average is $382.48 and its 200-day simple moving average is $355.53.

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

Everest Group Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EG. Keefe, Bruyette & Woods increased their price target on shares of Everest Group from $407.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday. Wells Fargo & Company upped their target price on shares of Everest Group from $396.00 to $428.00 and gave the company an “equal weight” rating in a report on Monday, November 2nd. Evercore set a $377.00 target price on shares of Everest Group in a research note on Thursday, July 30th. Rosenblatt Securities set a $455.00 price target on Everest Group in a report on Tuesday, September 22nd. Finally, TD Cowen boosted their price target on Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Five research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $426.27.

Insiders Place Their Bets

In other Everest Group news, Director Laura Hay sold 144 shares of Everest Group stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $418.78, for a total transaction of $60,304.32. Following the completion of the transaction, the director owned 1,770 shares in the company, valued at approximately $741,240.60. The trade was a 7.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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.

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.