Everest Group, Ltd. $EG Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its position in Everest Group, Ltd. (NYSE:EG) by 19.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,520 shares of the company’s stock after purchasing an additional 10,758 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.16% of Everest Group worth $23,648,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC increased its position in Everest Group by 6.2% during the 3rd quarter. Darwin Wealth Management LLC now owns 568 shares of the company’s stock worth $199,000 after purchasing an additional 33 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Everest Group by 4.3% during the second quarter. Farther Finance Advisors LLC now owns 816 shares of the company’s stock worth $277,000 after buying an additional 34 shares during the period. Trail Ridge Investment Advisors LLC increased its position in shares of Everest Group by 3.3% in the third quarter. Trail Ridge Investment Advisors LLC now owns 1,236 shares of the company’s stock worth $433,000 after acquiring an additional 40 shares in the last quarter. Legacy Wealth Asset Management LLC raised its stake in shares of Everest Group by 2.9% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 1,493 shares of the company’s stock valued at $507,000 after acquiring an additional 42 shares during the period. Finally, Quent Capital LLC lifted its holdings in shares of Everest Group by 8.1% during the 2nd quarter. Quent Capital LLC now owns 652 shares of the company’s stock valued at $221,000 after acquiring an additional 49 shares in the last quarter. 92.64% of the stock is owned by institutional investors and hedge funds.

Everest Group Stock Performance

Shares of Everest Group stock opened at $337.91 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.39 and a current ratio of 0.39. Everest Group, Ltd. has a 1 year low of $302.44 and a 1 year high of $373.23. The firm’s 50-day simple moving average is $323.88 and its 200-day simple moving average is $334.22. The firm has a market cap of $14.18 billion, a PE ratio of 25.74, a price-to-earnings-growth ratio of 0.23 and a beta of 0.38.

Everest Group (NYSE:EG) last announced its quarterly earnings data on Monday, October 27th. The company reported $7.54 earnings per share for the quarter, missing the consensus estimate of $13.39 by ($5.85). Everest Group had a net margin of 3.12% and a return on equity of 3.74%. The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same period in the prior year, the firm earned $11.80 earnings per share. The firm’s quarterly revenue was up .8% compared to the same quarter last year. Equities analysts forecast that Everest Group, Ltd. will post 47.93 earnings per share for the current fiscal year.

Everest Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, November 26th were given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, November 26th. Everest Group’s dividend payout ratio is currently 60.93%.

Insider Buying and Selling at Everest Group

In other Everest Group news, Director Allan Levine bought 3,100 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were bought at an average cost of $306.08 per share, with a total value of $948,848.00. Following the completion of the acquisition, the director owned 4,153 shares of the company’s stock, valued at approximately $1,271,150.24. This trade represents a 294.40% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William F. Galtney, Jr. purchased 11,385 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was acquired at an average cost of $307.38 per share, with a total value of $3,499,521.30. Following the completion of the acquisition, the director directly owned 45,491 shares in the company, valued at approximately $13,983,023.58. This trade represents a 33.38% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on EG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Everest Group in a report on Wednesday, October 8th. Zacks Research lowered Everest Group from a “hold” rating to a “strong sell” rating in a research note on Friday, December 12th. Keefe, Bruyette & Woods raised their target price on Everest Group from $400.00 to $430.00 and gave the company an “outperform” rating in a report on Tuesday. TD Cowen decreased their price target on Everest Group from $400.00 to $365.00 and set a “hold” rating for the company in a report on Monday, December 15th. Finally, Wall Street Zen downgraded shares of Everest Group from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $369.40.

Everest Group Company Profile

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.