Everest Group (NYSE:EG) Director William Galtney Jr Sells 2,500 Shares of Company Stock

Everest Group, Ltd. (NYSE:EG – Get Free Report) Director William Galtney, Jr. sold 2,500 shares of Everest Group stock in a transaction dated Tuesday, November 10th. The stock was sold at an average price of $414.29, for a total transaction of $1,035,725.00. Following the sale, the director owned 37,991 shares of the company’s stock, valued at approximately $15,739,291.39. This trade represents a 6.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Everest Group Trading Up 2.1%

Shares of NYSE:EG traded up $8.80 during trading on Tuesday, reaching $421.55. The stock had a trading volume of 401,216 shares, compared to its average volume of 381,703. The company has a quick ratio of 0.35, a current ratio of 0.36 and a debt-to-equity ratio of 0.25. The stock has a market cap of $15.61 billion, a P/E ratio of 8.91, a PEG ratio of 0.59 and a beta of 0.23. The business has a fifty day moving average price of $383.16 and a 200-day moving average price of $355.97. Everest Group, Ltd. has a fifty-two week low of $304.55 and a fifty-two week high of $431.19.

Everest Group (NYSE:EG – Get Free Report) last announced its earnings results 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 firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.81 billion. Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The firm’s revenue was down 14.0% compared to the same quarter last year. During the same quarter last year, the business posted $7.54 EPS. As a group, analysts anticipate that Everest Group, Ltd. will post 53.43 earnings per share for the current fiscal year.

Everest Group Dividend Announcement

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

Institutional Investors Weigh In On Everest Group

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Everest Group in the 2nd quarter valued at about $1,150,555,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Everest Group during the 2nd quarter worth approximately $350,718,000. William Blair Investment Management LLC acquired a new stake in Everest Group during the 2nd quarter worth approximately $171,426,000. Donald Smith & CO. Inc. purchased a new position in Everest Group in the second quarter valued at approximately $153,206,000. Finally, Hsbc Holdings PLC raised its holdings in Everest Group by 507.4% in the first quarter. Hsbc Holdings PLC now owns 449,919 shares of the company’s stock valued at $147,102,000 after buying an additional 375,846 shares during the period. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Everest Group News Roundup

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

  • Negative Sentiment: Keefe, Bruyette & Woods cut its price target on Everest Group to $407 from $450. The lower target may weigh on investor expectations. Article: KBW price-target update
  • Negative Sentiment: Multiple law firms publicized a securities class action for investors who bought EG shares between February 8, 2024, and October 27, 2025. The complaint alleges Everest misrepresented casualty underwriting risks and remediation efforts, including exposure to certain high-risk accounts; it cites the transfer of renewal rights on about $2 billion in annual premiums to AIG. Investors have until late December 2026 to seek lead-plaintiff status. The claims remain unproven. Article: Everest class-action notice
  • Negative Sentiment: Director William Galtney, Jr. sold 5,000 shares for approximately $2.06 million, reducing his direct holdings by about 11% to 40,491 shares. The sale may be a modest sentiment concern, though he continues to own a significant stake. SEC Form 4 filing

Analyst Ratings Changes

EG has been the topic of several recent analyst reports. Citigroup increased their target price on Everest Group from $415.00 to $445.00 and gave the stock a “neutral” rating in a research report on Monday, November 2nd. Atlantic Securities set a $484.00 price target on Everest Group in a report on Wednesday, July 15th. Evercore set a $377.00 price objective on shares of Everest Group in a research note on Thursday, July 30th. Rosenblatt Securities set a $455.00 price objective on shares of Everest Group in a report on Tuesday, September 22nd. Finally, TD Cowen raised their target price on shares of Everest Group from $365.00 to $385.00 and gave the stock a “hold” rating in a research report on Wednesday, August 19th. Five equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $426.27.

View Our Latest Stock Report on Everest Group

Everest Group Company Profile

(Get Free Report)

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.

Further Reading

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