William Blair Investment Management LLC Buys New Stake in Everest Group, Ltd. $EG

William Blair Investment Management LLC purchased a new position in shares of Everest Group, Ltd. (NYSE:EG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 479,877 shares of the company’s stock, valued at approximately $171,426,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EG. BlackRock Inc. purchased a new position in Everest Group in the second quarter valued at $1,150,555,000. AQR Capital Management LLC boosted its stake in shares of Everest Group by 70.3% during the 3rd quarter. AQR Capital Management LLC now owns 2,011,033 shares of the company’s stock worth $695,275,000 after acquiring an additional 830,418 shares in the last quarter. State Street Corp grew its position in shares of Everest Group by 0.4% during the 4th quarter. State Street Corp now owns 1,906,692 shares of the company’s stock valued at $647,036,000 after acquiring an additional 7,806 shares during the period. Norges Bank purchased a new position in shares of Everest Group in the 4th quarter valued at about $630,277,000. Finally, Vulcan Value Partners LLC raised its holdings in Everest Group by 6.5% in the 4th quarter. Vulcan Value Partners LLC now owns 1,509,740 shares of the company’s stock worth $512,288,000 after purchasing an additional 92,274 shares during the period. Institutional investors and hedge funds own 92.64% of the company’s stock.

Key Stories Impacting Everest Group

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

• Positive Sentiment: Upward earnings revisions: Zacks Research raised its FY2026 EPS forecast to $53.10 from $52.49, FY2027 to $59.23 from $58.45, and FY2028 to $66.63 from $65.28. It also increased estimates for Q4 2026, Q1 and Q2 2027, Q3 2027, and Q1 and Q2 2028. The revisions suggest improving expectations for Everest Group’s underwriting and investment results.
• Positive Sentiment: Forecast remains above consensus: Zacks’ $53.10 FY2026 estimate is modestly higher than the current analyst consensus of $52.83, providing a favorable earnings-expectations catalyst.
• Neutral Sentiment: TD Cowen maintained its Hold rating: The unchanged stance indicates the analyst sees limited immediate reason to change the investment case, even as earnings forecasts improve. TD Cowen Sticks to Their Hold Rating for Everest Group
• Negative Sentiment: One near-term forecast was cut: Zacks reduced its Q3 2026 EPS estimate to $8.88 from $9.03, signaling some expected earnings pressure in the upcoming quarter.

Everest Group Trading Up 0.5%

EG stock opened at $370.18 on Friday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23. Everest Group, Ltd. has a 12-month low of $302.44 and a 12-month high of $401.07. The stock has a market cap of $14.19 billion, a price-to-earnings ratio of 7.83, a PEG ratio of 0.73 and a beta of 0.29. The business’s 50-day moving average is $366.34 and its 200 day moving average is $346.80.

Everest Group (NYSE:EG) last announced its earnings results on Wednesday, July 29th. The company reported $14.85 EPS for the quarter, beating analysts’ consensus estimates of $14.52 by $0.33. The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.99 billion. Everest Group had a return on equity of 13.63% and a net margin of 11.41%.The business’s revenue was down 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $16.10 earnings per share. On average, sell-side analysts anticipate that Everest Group, Ltd. will post 52.91 EPS for the current fiscal year.

Everest Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Wednesday, September 9th will be given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, September 9th. Everest Group’s payout ratio is presently 16.92%.

Wall Street Analyst Weigh In

EG has been the topic of several research analyst reports. UBS Group raised their price objective on Everest Group from $374.00 to $395.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Evercore set a $377.00 target price on Everest Group in a research note on Thursday, July 30th. Mizuho decreased their target price on Everest Group from $418.00 to $416.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. TD Cowen lifted their price target on shares of Everest Group from $365.00 to $385.00 and gave the company a “hold” rating in a research note on Wednesday. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Everest Group from $411.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Four equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $395.27.

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.