LSV Asset Management Cuts Stock Holdings in Everest Group, Ltd. $EG

LSV Asset Management decreased its holdings in shares of Everest Group, Ltd. (NYSE:EG) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 385,330 shares of the company’s stock after selling 2,390 shares during the quarter. LSV Asset Management owned 0.92% of Everest Group worth $130,762,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC purchased a new position in shares of Everest Group during the third quarter worth about $30,000. Activest Wealth Management purchased a new position in shares of Everest Group during the fourth quarter worth about $34,000. UMB Bank n.a. grew its holdings in shares of Everest Group by 81.4% during the third quarter. UMB Bank n.a. now owns 107 shares of the company’s stock worth $37,000 after purchasing an additional 48 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of Everest Group during the fourth quarter worth about $37,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Everest Group during the second quarter worth about $39,000. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Everest Group Stock Performance

NYSE:EG opened at $352.76 on Friday. The business has a 50 day moving average of $338.33 and a 200 day moving average of $331.09. The company has a market capitalization of $13.96 billion, a price-to-earnings ratio of 7.17, a PEG ratio of 0.55 and a beta of 0.35. Everest Group, Ltd. has a 1-year low of $302.44 and a 1-year high of $368.29. 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 (NYSE:EG) last released its earnings results on Monday, March 23rd. The company reported $16.08 earnings per share for the quarter. The company had revenue of $4.07 billion during the quarter. Everest Group had a return on equity of 14.70% and a net margin of 11.76%. On average, sell-side analysts predict that Everest Group, Ltd. will post 52.58 earnings per share for the current fiscal year.

Everest Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a $2.00 dividend. The ex-dividend date is Friday, June 12th. This represents a $8.00 dividend on an annualized basis and a yield of 2.3%. Everest Group’s payout ratio is presently 16.27%.

Insiders Place Their Bets

In related news, CEO Jason Keen sold 775 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $351.84, for a total value of $272,676.00. Following the completion of the sale, the chief executive officer owned 8,170 shares in the company, valued at $2,874,532.80. The trade was a 8.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.70% of the stock is owned by insiders.

Everest Group News Roundup

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

• Positive Sentiment: Zacks Research lifted its earnings forecasts for several future periods, including Q4 2027, Q3 2027, FY2027 and Q1 2028, suggesting stronger longer-term profit potential for Everest Group.
• Neutral Sentiment: Morgan Stanley raised its price target on Everest Group to $355 from $340 but kept an “equal weight” rating, implying only limited near-term upside.
• Negative Sentiment: Zacks Research trimmed estimates for Q2 2026, Q2 2027, Q1 2027, Q4 2026 and FY2026, which may be pressuring sentiment by pointing to softer results in the nearer term.

Wall Street Analyst Weigh In

EG has been the subject of several recent analyst reports. BMO Capital Markets boosted their price objective on Everest Group from $366.00 to $376.00 and gave the stock a “market perform” rating in a report on Thursday, May 14th. Morgan Stanley boosted their price objective on Everest Group from $340.00 to $355.00 and gave the stock an “equal weight” rating in a report on Thursday. UBS Group set a $355.00 price objective on Everest Group in a report on Thursday. Wells Fargo & Company boosted their price objective on Everest Group from $332.00 to $356.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Citigroup boosted their price objective on Everest Group from $342.00 to $395.00 and gave the stock a “neutral” rating in a report on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, Everest Group currently has an average rating of “Hold” and an average target price of $373.73.

Everest Group 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.