Elevation Point Wealth Partners LLC Makes New $3.19 Million Investment in Everest Group, Ltd. $EG

Elevation Point Wealth Partners LLC acquired a new stake in Everest Group, Ltd. (NYSE:EG) during the second quarter, HoldingsChannel.com reports. The fund acquired 8,928 shares of the company’s stock, valued at approximately $3,189,000.

A number of other large investors also recently modified their holdings of EG. Trifecta Capital Advisors LLC purchased a new stake in shares of Everest Group during the 2nd quarter worth $29,000. Activest Wealth Management acquired a new position in shares of Everest Group during the fourth quarter worth $34,000. Raiffeisen Bank International AG acquired a new position in shares of Everest Group during the fourth quarter worth $34,000. Cullen Frost Bankers Inc. purchased a new position in Everest Group in the fourth quarter valued at $37,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Everest Group in the second quarter valued at $39,000. 92.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EG has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods lifted their price target on Everest Group from $411.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. TD Cowen upped their price objective on Everest Group from $365.00 to $385.00 and gave the stock a “hold” rating in a research report on Wednesday. Wells Fargo & Company increased their price objective on Everest Group from $373.00 to $396.00 and gave the company an “equal weight” rating in a report on Friday, July 31st. Atlantic Securities set a $484.00 target price on Everest Group in a research report on Wednesday, July 15th. Finally, Citigroup boosted their target price on Everest Group from $395.00 to $415.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $395.27.

Everest Group Trading Up 0.5%

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

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

Everest Group Announces Dividend

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

Key Everest Group News

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 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.