Everest Group (NYSE:EG) Director Sells $1,035,725.00 in Stock

Everest Group, Ltd. (NYSE:EG) Director William Galtney, Jr. sold 2,500 shares of the firm’s 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 transaction, the director owned 37,991 shares of the company’s stock, valued at approximately $15,739,291.39. This represents a 6.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Everest Group Trading Down 0.4%

Shares of NYSE EG opened at $422.14 on Friday. 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 stock has a market capitalization of $15.64 billion, a PE ratio of 8.92, a PEG ratio of 0.59 and a beta of 0.23. Everest Group, Ltd. has a twelve month low of $304.55 and a twelve month high of $431.19. The stock has a fifty day simple moving average of $385.88 and a 200-day simple moving average of $357.45.

Everest Group (NYSE:EG) last posted its earnings results on Wednesday, October 28th. The company reported $7.62 earnings per share (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 firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same period in the previous year, the company posted $7.54 EPS. Everest Group’s revenue was down 14.0% on a year-over-year basis. On average, equities analysts forecast that Everest Group, Ltd. will post 53.10 earnings per share for the current year.

Everest Group Announces Dividend

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

Analyst Ratings Changes

Several research analysts have recently commented on the stock. TD Cowen raised their price objective on shares of Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Rosenblatt Securities set a $455.00 target price on shares of Everest Group in a research note on Tuesday, September 22nd. Citigroup increased 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. Barclays raised their price target on shares of Everest Group from $420.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings raised shares of Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 21st. Five analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $426.27.

Key Headlines Impacting Everest Group

Investors following EG have been watching these headlines:

• Negative Sentiment: The class action covers investors who bought Everest shares from February 8, 2024, through October 27, 2025. The complaint alleges Everest misrepresented the adequacy of casualty reserves before substantial reserve charges, raising potential legal and reputational risks. Investors have until December 28, 2026, to seek lead-plaintiff status. Class-action notice
• Negative Sentiment: Director William Galtney, Jr. sold 2,500 shares for about $1.04 million, reducing his stake by 6.17%; he retained 37,991 shares. Insider sales can weigh on sentiment, though the transaction alone does not establish a change in the company’s outlook. Director share sale

Institutional Investors Weigh In On Everest Group

A number of hedge funds have recently bought and sold shares of EG. Lifeworks Advisors LLC grew its holdings in shares of Everest Group by 61.5% during the third quarter. Lifeworks Advisors LLC now owns 2,224 shares of the company’s stock worth $812,000 after purchasing an additional 847 shares during the last quarter. First Trust Advisors LP increased its position in shares of Everest Group by 71.7% during the third quarter. First Trust Advisors LP now owns 1,055,222 shares of the company’s stock worth $385,336,000 after purchasing an additional 440,534 shares in the last quarter. FCA Corp TX lifted its holdings in shares of Everest Group by 1.6% in the 3rd quarter. FCA Corp TX now owns 8,971 shares of the company’s stock valued at $3,276,000 after purchasing an additional 144 shares during the last quarter. Edmond DE Rothschild Holding S.A. lifted its holdings in shares of Everest Group by 94.5% in the 3rd quarter. Edmond DE Rothschild Holding S.A. now owns 4,011 shares of the company’s stock valued at $1,465,000 after purchasing an additional 1,949 shares during the last quarter. Finally, Private Wealth Asset Management LLC purchased a new stake in shares of Everest Group in the 3rd quarter valued at about $205,000. Institutional investors and hedge funds own 92.64% of the company’s stock.

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.