Everest Group (NYSE:EG) Director Sells $2,062,050.00 in Stock

Everest Group, Ltd. (NYSE:EG) Director William Galtney, Jr. sold 5,000 shares of the company’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $412.41, for a total transaction of $2,062,050.00. Following the sale, the director directly owned 40,491 shares in the company, valued at $16,698,893.31. This represents a 10.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Everest Group Stock Performance

NYSE EG opened at $423.85 on Thursday. Everest Group, Ltd. has a 1-year low of $304.55 and a 1-year high of $431.19. The company has a 50 day moving average of $385.01 and a 200-day moving average of $356.98. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.25. The firm has a market cap of $15.70 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 0.59 and a beta of 0.23.

Everest Group (NYSE:EG) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). The business had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.81 billion. Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The business’s revenue for the quarter was down 14.0% on a year-over-year basis. During the same period in the prior year, the firm earned $7.54 EPS. On average, equities analysts forecast that Everest Group, Ltd. will post 53.10 earnings per share for the current fiscal year.

Everest Group Announces Dividend

The business 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 dividend of $2.00 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $8.00 annualized dividend and a yield of 1.9%. Everest Group’s dividend payout ratio is currently 16.91%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new stake in shares of Everest Group during the 2nd quarter worth about $108,102,000. William Blair Investment Management LLC acquired a new stake in Everest Group during the 2nd quarter worth approximately $171,426,000. The Manufacturers Life Insurance Company acquired a new stake in Everest Group during the 2nd quarter worth approximately $9,122,000. Polianta Ltd bought a new stake in Everest Group in the 2nd quarter valued at $2,000,000. Finally, Public Employees Retirement System of Ohio bought a new position in Everest Group during the 2nd quarter worth $5,351,000. 92.64% of the stock is currently owned by institutional investors.

Trending Headlines about Everest Group

Here are a few of the latest headlines about EG:

• Neutral Sentiment: Director William Galtney, Jr. sold 2,500 shares on November 10 for about $1.04 million, following a 5,000-share sale on November 6. He still held 37,991 shares after the latest sale; insider transactions may affect sentiment but do not necessarily signal a change in company prospects. Director share sale
• Negative Sentiment: Several law firms are announcing a class action covering investors who bought Everest shares between February 8, 2024, and October 27, 2025. The complaint alleges Everest misled investors about casualty reserves and underwriting risks; one notice says Wall Street reserve estimates fell short of the $1.7 billion charge the company ultimately recorded. Investors have until December 28, 2026, to seek lead-plaintiff status. The litigation adds legal and reputational uncertainty. Class-action notice
• Negative Sentiment: Keefe, Bruyette & Woods cut its Everest price target to $407 from $450, a more cautious valuation signal. Analyst price-target update

Analysts Set New Price Targets

A number of brokerages have commented on EG. Citigroup boosted their price target on shares of Everest Group from $415.00 to $445.00 and gave the company a “neutral” rating in a research note on Monday, November 2nd. Barclays upped their target price on shares of Everest Group from $420.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Atlantic Securities set a $484.00 target price on shares of Everest Group in a report on Wednesday, July 15th. Cantor Fitzgerald raised their price target on shares of Everest Group from $390.00 to $419.00 and gave the company a “neutral” rating in a research report on Monday, November 2nd. Finally, UBS Group boosted their price target on shares of Everest Group from $395.00 to $423.00 and gave the stock a “neutral” rating in a report on Monday, November 2nd. Five investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $426.27.

Everest Group Company Profile

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.