Everpure (NYSE:P) Receives “Outperform” Rating from Wedbush

Everpure (NYSE:P)‘s stock had its “outperform” rating reissued by investment analysts at Wedbush in a research note issued to investors on Thursday, Benzinga reports. They currently have a $130.00 price target on the stock. Wedbush’s price target suggests a potential upside of 1.07% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Piper Sandler restated an “overweight” rating and set a $162.00 price target on shares of Everpure in a report on Thursday. Wells Fargo & Company upped their target price on Everpure from $135.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday. TD Cowen upped their price target on Everpure from $100.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. William Blair restated an “outperform” rating on shares of Everpure in a research note on Thursday, May 28th. Finally, Susquehanna restated a “positive” rating and issued a $145.00 price target on shares of Everpure in a research note on Thursday, August 27th. Seventeen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $137.15.

Everpure Trading Up 17.3%

Shares of Everpure stock traded up $18.98 during trading on Thursday, reaching $128.63. The company’s stock had a trading volume of 6,773,660 shares, compared to its average volume of 3,722,638. Everpure has a 52-week low of $56.78 and a 52-week high of $131.41. The firm has a 50-day simple moving average of $94.42. The company has a market cap of $42.86 billion, a P/E ratio of 176.09, a price-to-earnings-growth ratio of 4.46 and a beta of 1.43.

Everpure (NYSE:P) last released its earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%.The company had revenue of $1.19 billion during the quarter. Everpure’s revenue was up 37.7% on a year-over-year basis. As a group, analysts predict that Everpure will post 0.96 EPS for the current fiscal year.

Insider Activity at Everpure

In related news, insider Ajay Singh sold 9,787 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $78.12, for a total value of $764,560.44. Following the transaction, the insider directly owned 340,939 shares of the company’s stock, valued at approximately $26,634,154.68. This represents a 2.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider John Colgrove sold 200,000 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $96.98, for a total value of $19,396,000.00. Following the completion of the transaction, the insider directly owned 6,474,080 shares in the company, valued at $627,856,278.40. This trade represents a 3.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 908,050 shares of company stock worth $89,995,156 over the last ninety days. 5.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Everpure

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Continuum Advisory LLC bought a new position in Everpure in the 2nd quarter valued at approximately $29,000. Reflection Asset Management bought a new position in shares of Everpure during the 4th quarter valued at $32,000. SHP Wealth Management bought a new position in shares of Everpure during the 4th quarter valued at $36,000. Ancora Advisors LLC bought a new position in shares of Everpure during the 2nd quarter valued at $67,000. Finally, Rothschild Investment LLC lifted its holdings in shares of Everpure by 18.1% during the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock valued at $67,000 after buying an additional 152 shares during the period. 83.42% of the stock is owned by institutional investors.

Key Stories Impacting Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Everpure said AI-driven demand, hyperscale customers and four strategic growth areas should support accelerating revenue growth through fiscal 2028. Analysts highlighted stronger growth prospects, expanding margins and a broader business model. Everpure shares jump 16% as fiscal 2028 outlook tops estimates
• Positive Sentiment: The company reaffirmed its fiscal 2027 outlook and provided preliminary fiscal 2028 revenue guidance well above consensus, reinforcing the view that demand for data-storage infrastructure remains strong. Everpure’s Expanding Business Model Fuels New Long-Term Outlook
• Positive Sentiment: Multiple analysts raised targets following the outlook update: Citigroup lifted its target to $160 while Wells Fargo, Needham and Guggenheim raised or maintained bullish targets of $145–$150. Wedbush reaffirmed an outperform rating. Citigroup Adjusts Price Target on Everpure
• Neutral Sentiment: Trading was briefly halted under a limit-up/limit-down pause, reflecting unusually rapid price movement and elevated volatility rather than a fundamental change in the business.
• Negative Sentiment: An insider sold 100,000 shares worth approximately $11 million. The transaction was made under a pre-arranged Rule 10b5-1 plan to cover tax obligations, which reduces—but does not eliminate—the signaling concern. Everpure Insider Sells 100,000 Shares

Everpure Company Profile

Everpure is a water-treatment and filtration brand owned by Pentair plc, rather than a separately listed company trading under the NYSE symbol P. The brand provides filtration and water-conditioning solutions for residential, commercial, foodservice, and beverage applications.

Its product portfolio includes water filters, cartridges, heads, manifolds, reverse-osmosis systems, scale-reduction products, and related treatment equipment. Everpure systems are used to improve water quality and help protect equipment in applications such as drinking-water dispensers, coffee and tea equipment, ice machines, restaurants, and other foodservice operations.

Everpure was established in 1933 and serves customers through Pentair’s global water-solutions business.