Everest Group (NYSE:EG) Stock: Insider William Galtney, Jr. Sells 2,500 Shares

Everest Group, Ltd. (NYSE:EG) Director William Galtney, Jr. sold 2,500 shares of Everest Group stock in a transaction dated Tuesday, November 10th. The shares were sold at an average price of $414.29, for a total transaction of $1,035,725.00. Following the completion of the transaction, the director directly 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Everest Group Stock Up 0.4%

Everest Group stock opened at $423.85 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.36 and a quick ratio of 0.36. The company’s 50-day moving average is $385.01 and its 200-day moving average is $356.98. The firm has a market capitalization of $15.70 billion, a PE ratio of 8.96, a P/E/G ratio of 0.59 and a beta of 0.23. 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) last issued its earnings results on Wednesday, October 28th. The company reported $7.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.38 by ($1.76). Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same quarter last year, the business posted $7.54 earnings per share. The company’s revenue for the quarter was down 14.0% on a year-over-year basis. Sell-side analysts anticipate that Everest Group, Ltd. will post 53.10 earnings per share for the current year.

Everest Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, December 4th. Everest Group’s dividend payout ratio is 16.91%.

Analyst Ratings Changes

A number of research firms have commented on EG. Rosenblatt Securities set a $455.00 price objective on shares of Everest Group in a research report on Tuesday, September 22nd. Mizuho dropped their price objective on shares of Everest Group from $416.00 to $398.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Citigroup increased their price objective on shares of Everest Group from $415.00 to $445.00 and gave the company a “neutral” rating in a research report on Monday, November 2nd. Cantor Fitzgerald raised their target price on shares of Everest Group from $390.00 to $419.00 and gave the stock a “neutral” rating in a research note on Monday, November 2nd. Finally, Atlantic Securities set a $484.00 target price on shares of Everest Group in a report on Wednesday, July 15th. Five research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Everest Group currently has a consensus rating of “Hold” and a consensus price target of $426.27.

Hedge Funds Weigh In On Everest Group

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

Everest Group News Summary

Investors following EG have been watching these news items:

• Neutral Sentiment: Director William Galtney, Jr. sold 2,500 shares on November 10 for about $1.04 million, following a 5,000-share sale on November 6. He still held 37,991 shares after the latest sale; insider transactions may affect sentiment but do not necessarily signal a change in company prospects. Director share sale
• Negative Sentiment: Several law firms are announcing a class action covering investors who bought Everest shares between February 8, 2024, and October 27, 2025. The complaint alleges Everest misled investors about casualty reserves and underwriting risks; one notice says Wall Street reserve estimates fell short of the $1.7 billion charge the company ultimately recorded. Investors have until December 28, 2026, to seek lead-plaintiff status. The litigation adds legal and reputational uncertainty. Class-action notice
• Negative Sentiment: Keefe, Bruyette & Woods cut its Everest price target to $407 from $450, a more cautious valuation signal. Analyst price-target update

Everest Group Company Profile

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.