Danske Bank A S Buys New Shares in Everest Group, Ltd. $EG

Danske Bank A S purchased a new stake in shares of Everest Group, Ltd. (NYSE:EG) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 101,497 shares of the company’s stock, valued at approximately $35,547,000. Danske Bank A S owned approximately 0.24% of Everest Group as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisory Services Network LLC purchased a new position in shares of Everest Group during the 3rd quarter valued at about $507,000. NewEdge Advisors LLC boosted its stake in Everest Group by 60.6% in the third quarter. NewEdge Advisors LLC now owns 1,624 shares of the company’s stock worth $569,000 after buying an additional 613 shares in the last quarter. Woodline Partners LP bought a new position in Everest Group during the third quarter valued at approximately $11,327,000. Dark Forest Capital Management LP bought a new position in Everest Group during the third quarter valued at approximately $704,000. Finally, Voleon Capital Management LP purchased a new position in shares of Everest Group during the third quarter worth approximately $341,000. 92.64% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Everest Group

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

• Positive Sentiment: MSN ran a roundup that spotlights Everest among potential reinsurance winners for Q4, which could attract investor interest and capital flows into the stock. Spotting winners: Everest Group (NYSE:EG) and reinsurance stocks in Q4
• Positive Sentiment: Zacks increased its FY2028 EPS estimate for Everest to $64.07 (from $60.97), signalling better longer‑term earnings expectations that could support valuation if realized. MarketBeat: Everest Group coverage (Zacks updates)
• Neutral Sentiment: Zacks issued a series of mostly small revisions across quarters (some modest raises like Q4 2027 and FY2027, and slight downticks elsewhere) but kept a “Hold” rating — indicating analysts see balanced risk/reward rather than a clear catalyst. MarketBeat: Everest Group coverage (Zacks updates)
• Negative Sentiment: Zacks trimmed several near‑term estimates (multiple Q1–Q3 2026 and Q1–Q2 2027 cuts and a slight reduction to FY2026), which may signal expected pressure in near‑term operating results and contributes to downward pressure on the stock. MarketBeat: Everest Group coverage (Zacks updates)

Everest Group Price Performance

EG stock opened at $319.79 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.39 and a quick ratio of 0.39. Everest Group, Ltd. has a 1 year low of $302.44 and a 1 year high of $370.20. The firm has a 50-day moving average of $329.88 and a 200 day moving average of $332.05. The company has a market cap of $12.92 billion, a P/E ratio of 8.45, a PEG ratio of 0.23 and a beta of 0.34.

Everest Group (NYSE:EG) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $13.26 earnings per share for the quarter, missing the consensus estimate of $13.36 by ($0.10). Everest Group had a net margin of 9.09% and a return on equity of 12.50%. The firm had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same period in the previous year, the firm posted ($18.39) earnings per share. The business’s revenue was down 4.6% compared to the same quarter last year. On average, sell-side analysts forecast that Everest Group, Ltd. will post 47.93 EPS for the current year.

Everest Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a dividend of $2.00 per share. The ex-dividend date is Friday, March 13th. This represents a $8.00 annualized dividend and a dividend yield of 2.5%. Everest Group’s payout ratio is currently 21.13%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EG. Barclays boosted their price objective on shares of Everest Group from $365.00 to $377.00 and gave the stock an “overweight” rating in a report on Thursday, January 8th. Wells Fargo & Company decreased their target price on shares of Everest Group from $332.00 to $310.00 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. Mizuho set a $360.00 price target on shares of Everest Group in a research note on Wednesday, February 11th. Weiss Ratings restated a “hold (c)” rating on shares of Everest Group in a research report on Thursday, January 22nd. Finally, Evercore set a $365.00 price objective on Everest Group in a research note on Wednesday, January 7th. Six equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $363.21.

About Everest Group

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.