Everest Group, Ltd. $EG Stock Holdings Lowered by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its position in Everest Group, Ltd. (NYSE:EG) by 0.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 215,504 shares of the company’s stock after selling 1,767 shares during the period. Bank of New York Mellon Corp owned approximately 0.43% of Everest Group worth $70,438,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings in shares of Everest Group by 98.9% during the first quarter. Geneos Wealth Management Inc. now owns 181 shares of the company’s stock valued at $66,000 after buying an additional 90 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Everest Group during the second quarter worth approximately $384,000. Marshall Wace LLP bought a new position in Everest Group in the 2nd quarter worth approximately $238,000. Jump Financial LLC bought a new position in Everest Group in the 2nd quarter worth approximately $1,510,000. Finally, Federated Hermes Inc. grew its holdings in Everest Group by 3.7% in the 2nd quarter. Federated Hermes Inc. now owns 14,411 shares of the company’s stock worth $4,898,000 after buying an additional 510 shares in the last quarter. 92.64% of the stock is currently owned by institutional investors.

Everest Group Stock Performance

EG opened at $373.61 on Thursday. The company has a market capitalization of $14.78 billion, a price-to-earnings ratio of 7.60, a price-to-earnings-growth ratio of 0.59 and a beta of 0.29. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.37 and a quick ratio of 0.37. Everest Group, Ltd. has a 1-year low of $302.44 and a 1-year high of $385.68. The business has a 50 day moving average price of $351.44 and a two-hundred day moving average price of $339.68.

Everest Group (NYSE:EG) last issued its quarterly earnings results on Monday, March 23rd. The company reported $16.08 earnings per share (EPS) for the quarter. Everest Group had a return on equity of 14.70% and a net margin of 11.76%.The firm had revenue of $4.07 billion during the quarter. Research analysts predict that Everest Group, Ltd. will post 52.86 EPS for the current fiscal year.

Everest Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were paid a dividend of $2.00 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $8.00 annualized dividend and a yield of 2.1%. Everest Group’s dividend payout ratio (DPR) is currently 16.27%.

Key Everest Group News

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

• Positive Sentiment: Zacks noted Everest Group may be positioned to beat upcoming earnings estimates, which could support the stock if results come in ahead of expectations. Article Title
• Positive Sentiment: Analysts set a price target of $387.73, suggesting some Wall Street upside remains from current levels. Article Title
• Positive Sentiment: Everest Group’s own profile as a leader in insurance/reinsurance remains intact, and another company’s recognition in Everest Group’s healthcare CXM assessment highlights the firm’s industry relevance. Article Title
• Neutral Sentiment: One commentary piece argued against the stock, but it did not include any new company-specific operating news. Article Title
• Negative Sentiment: Zacks Research cut EPS estimates for several periods, including Q2 2026, FY2026, Q1/Q2/Q3/Q4 2027, FY2027, and FY2028, which can weigh on sentiment by implying slightly slower earnings momentum. Article Title

Insider Transactions at Everest Group

In related news, CEO Jason Keen sold 775 shares of Everest Group stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $351.84, for a total transaction of $272,676.00. Following the transaction, the chief executive officer directly owned 8,170 shares of the company’s stock, valued at $2,874,532.80. The trade was a 8.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

EG has been the topic of several recent analyst reports. Mizuho lifted their target price on Everest Group from $388.00 to $418.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Wells Fargo & Company increased their price target on Everest Group from $356.00 to $373.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. UBS Group set a $355.00 price target on Everest Group in a report on Thursday, May 21st. Atlantic Securities set a $484.00 price objective on shares of Everest Group in a research note on Wednesday, July 15th. Finally, Barclays lifted their price objective on shares of Everest Group from $380.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Four equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $387.73.

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.