Everpure’s (P) Outperform Rating Reiterated at Wedbush

Wedbush reiterated their outperform rating on shares of Everpure (NYSE:P) in a research report sent to investors on Thursday,Benzinga reports. The firm currently has a $130.00 price target on the stock.

Several other equities research analysts have also recently issued reports on the company. Piper Sandler raised their price objective on Everpure from $133.00 to $162.00 and gave the stock an “overweight” rating in a report on Thursday. Wells Fargo & Company upped their target price on Everpure from $135.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday. Northland Securities increased their target price on Everpure from $90.00 to $128.00 and gave the stock an “outperform” rating in a research report on Friday, August 28th. Citigroup increased their target price on Everpure from $118.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, August 27th. Finally, UBS Group raised their price target on Everpure from $70.00 to $80.00 and gave the stock a “sell” rating in a research note on Thursday, August 27th. Seventeen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $138.25.

Everpure Trading Up 3.6%

Shares of NYSE P opened at $126.22 on Thursday. The stock has a market capitalization of $42.06 billion, a P/E ratio of 172.91, a PEG ratio of 5.07 and a beta of 1.43. Everpure has a 12 month low of $56.78 and a 12 month high of $131.41. The business’s 50-day moving average price is $96.63.

Everpure (NYSE:P) last announced its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.51. The business had revenue of $1.19 billion for the quarter. Everpure had a net margin of 5.94% and a return on equity of 19.06%. Everpure’s revenue for the quarter was up 37.7% compared to the same quarter last year. As a group, analysts expect that Everpure will post 0.95 EPS for the current fiscal year.

Insider Activity

In other news, insider John Colgrove sold 100,000 shares of the company’s stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $115.96, for a total transaction of $11,596,000.00. Following the completion of the sale, the insider directly owned 5,793,309 shares in the company, valued at $671,792,111.64. This represents a 1.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,008,050 shares of company stock worth $101,591,156. 5.10% of the stock is owned by insiders.

Institutional Trading of Everpure

A number of institutional investors and hedge funds have recently bought and sold shares of P. Continuum Advisory LLC acquired a new stake in shares of Everpure in the second quarter worth $29,000. Reflection Asset Management acquired a new stake in Everpure in the fourth quarter valued at approximately $32,000. SHP Wealth Management purchased a new stake in shares of Everpure during the fourth quarter valued at approximately $36,000. Rothschild Investment LLC raised its stake in shares of Everpure by 18.1% during the fourth quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock valued at $67,000 after purchasing an additional 152 shares during the period. Finally, Ancora Advisors LLC acquired a new position in shares of Everpure during the second quarter worth $67,000. Institutional investors and hedge funds own 83.42% of the company’s stock.

More Everpure News

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: At its analyst meeting, Everpure projected fiscal 2028 revenue of $7.0 billion to $7.3 billion, implying 39%–45% growth and exceeding the approximately $6.2 billion consensus estimate. Management cited four strategic growth areas and described the business as reaching an inflection point. Everpure shares jump as fiscal 2028 outlook tops estimates
• Positive Sentiment: Management reaffirmed its fiscal 2027 outlook and said it sees no sign of a slowdown in data-center demand. Hyperscale customers and AI infrastructure are expected to support continued revenue acceleration and potentially improving margins. Everpure CEO says no sign of data-center slowdown
• Positive Sentiment: CFRA upgraded Everpure, while several analysts raised price targets. Citigroup lifted its target to $160, and Needham, Guggenheim, Wells Fargo and Piper Sandler also maintained bullish ratings with targets generally ranging from $145 to $162. Everpure rises on CFRA upgrade
• Positive Sentiment: Northland Securities raised its fiscal 2028 EPS estimates to $0.62 for the third quarter and $0.80 for the fourth quarter, up from $0.55 and $0.70, respectively. The revisions reinforce expectations for accelerating earnings.
• Positive Sentiment: Everpure’s latest quarter also showed strong momentum: revenue grew 37.7% year over year to $1.19 billion, while EPS of $0.70 significantly exceeded the $0.19 consensus estimate.
• Neutral Sentiment: Trading was briefly halted under a limit-up/limit-down pause amid unusually high volatility, highlighting the market’s strong reaction to the outlook.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.6 million under a pre-arranged Rule 10b5-1 plan. He still owns more than 5.7 million shares, but the sale—and other recent disposals—may concern investors at a richly valued stock.
• Negative Sentiment: Everpure trades at a very high earnings multiple, leaving limited room for disappointing growth, rising component costs or weaker pricing. Analysts and investors must determine whether AI-driven demand can justify the premium valuation.

Everpure Company Profile

Everpure is a water-treatment and filtration brand owned by Pentair plc, rather than a separately listed company trading under the NYSE symbol P. The brand provides filtration and water-conditioning solutions for residential, commercial, foodservice, and beverage applications.

Its product portfolio includes water filters, cartridges, heads, manifolds, reverse-osmosis systems, scale-reduction products, and related treatment equipment. Everpure systems are used to improve water quality and help protect equipment in applications such as drinking-water dispensers, coffee and tea equipment, ice machines, restaurants, and other foodservice operations.

Everpure was established in 1933 and serves customers through Pentair’s global water-solutions business.