Heartland Advisors Inc. Acquires New Holdings in Everest Group, Ltd. $EG

Heartland Advisors Inc. bought a new position in shares of Everest Group, Ltd. (NYSE:EG) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 23,172 shares of the company’s stock, valued at approximately $8,278,000.

Other hedge funds have also recently bought and sold shares of the company. Trifecta Capital Advisors LLC acquired a new position in shares of Everest Group in the second quarter valued at approximately $29,000. Activest Wealth Management bought a new stake in Everest Group in the 4th quarter valued at $34,000. Raiffeisen Bank International AG acquired a new position in Everest Group in the 4th quarter worth $34,000. Cullen Frost Bankers Inc. acquired a new position in Everest Group in the 4th quarter worth $37,000. Finally, CYBER HORNET ETFs LLC bought a new position in Everest Group during the 2nd quarter worth about $39,000. 92.64% of the stock is currently owned by institutional investors and hedge funds.

Everest Group Stock Performance

NYSE EG opened at $370.18 on Friday. The firm’s fifty day moving average price is $366.34 and its two-hundred day moving average price is $346.80. Everest Group, Ltd. has a 1 year low of $302.44 and a 1 year high of $401.07. The firm has a market capitalization of $14.19 billion, a P/E ratio of 7.83, a price-to-earnings-growth ratio of 0.73 and a beta of 0.29. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23.

Everest Group (NYSE:EG) last released its quarterly earnings data on Wednesday, July 29th. The company reported $14.85 earnings per share for the quarter, topping the consensus estimate of $14.52 by $0.33. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.99 billion. Everest Group had a net margin of 11.41% and a return on equity of 13.63%. Everest Group’s revenue for the quarter was down 11.8% compared to the same quarter last year. During the same period in the previous year, the business earned $16.10 EPS. As a group, research analysts anticipate that Everest Group, Ltd. will post 52.91 EPS for the current year.

Everest Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Wednesday, September 9th will be issued a dividend of $2.00 per share. The ex-dividend date is Wednesday, September 9th. This represents a $8.00 dividend on an annualized basis and a yield of 2.2%. Everest Group’s dividend payout ratio (DPR) is presently 16.92%.

Everest Group News Summary

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

• Positive Sentiment: Upward earnings revisions: Zacks Research raised its FY2026 EPS forecast to $53.10 from $52.49, FY2027 to $59.23 from $58.45, and FY2028 to $66.63 from $65.28. It also increased estimates for Q4 2026, Q1 and Q2 2027, Q3 2027, and Q1 and Q2 2028. The revisions suggest improving expectations for Everest Group’s underwriting and investment results.
• Positive Sentiment: Forecast remains above consensus: Zacks’ $53.10 FY2026 estimate is modestly higher than the current analyst consensus of $52.83, providing a favorable earnings-expectations catalyst.
• Neutral Sentiment: TD Cowen maintained its Hold rating: The unchanged stance indicates the analyst sees limited immediate reason to change the investment case, even as earnings forecasts improve. TD Cowen Sticks to Their Hold Rating for Everest Group
• Negative Sentiment: One near-term forecast was cut: Zacks reduced its Q3 2026 EPS estimate to $8.88 from $9.03, signaling some expected earnings pressure in the upcoming quarter.

Analysts Set New Price Targets

A number of brokerages have recently commented on EG. Mizuho cut their price target on Everest Group from $418.00 to $416.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Weiss Ratings upgraded Everest Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. TD Cowen lifted their target price on Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a research report on Wednesday. Atlantic Securities set a $484.00 target price on Everest Group in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company upped their price target on Everest Group from $373.00 to $396.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $395.27.

About Everest Group

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.