Everest Group, Ltd. $EG Stock: M&G PLC Grows Stake

M&G PLC boosted its position in Everest Group, Ltd. (NYSE:EG) by 2.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,917 shares of the company’s stock after buying an additional 1,407 shares during the quarter. M&G PLC owned approximately 0.15% of Everest Group worth $20,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Trifecta Capital Advisors LLC purchased a new position in shares of Everest Group during the second quarter worth approximately $29,000. Provenance Wealth Advisors LLC lifted its holdings in shares of Everest Group by 1,283.3% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 83 shares of the company’s stock worth $30,000 after acquiring an additional 77 shares during the last quarter. USA Financial Formulas bought a new stake in shares of Everest Group in the 3rd quarter worth approximately $77,000. Fortitude Family Office LLC lifted its holdings in shares of Everest Group by 718.5% in the 3rd quarter. Fortitude Family Office LLC now owns 221 shares of the company’s stock worth $81,000 after acquiring an additional 194 shares during the last quarter. Finally, Transamerica Financial Advisors LLC purchased a new stake in shares of Everest Group in the 2nd quarter valued at $80,000. 92.64% of the stock is currently owned by institutional investors.

Everest Group Price Performance

EG stock opened at $421.55 on Wednesday. The firm’s 50-day moving average price is $384.09 and its two-hundred day moving average price is $356.47. Everest Group, Ltd. has a 12-month low of $304.55 and a 12-month high of $431.19. The stock has a market capitalization of $15.61 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 0.57 and a beta of 0.23. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.25.

Everest Group (NYSE:EG) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $7.62 EPS for the quarter, missing the consensus estimate of $9.38 by ($1.76). The firm had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.81 billion. Everest Group had a net margin of 11.70% and a return on equity of 13.71%. The business’s revenue was down 14.0% on a year-over-year basis. During the same period last year, the company posted $7.54 earnings per share. As a group, equities analysts predict 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 issued a dividend of $2.00 per share. 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 payout ratio is currently 16.91%.

Analyst Ratings Changes

Several analysts have issued reports on EG shares. Royal Bank Of Canada upped their price target on shares of Everest Group from $455.00 to $475.00 and gave the company an “outperform” rating in a research report on Friday, October 30th. Morgan Stanley lifted their price objective on Everest Group from $375.00 to $395.00 and gave the stock an “equal weight” rating in a report on Friday, October 30th. Wells Fargo & Company boosted their target price on Everest Group from $396.00 to $428.00 and gave the company an “equal weight” rating in a research note on Monday, November 2nd. UBS Group boosted their target price on Everest Group from $395.00 to $423.00 and gave the company a “neutral” rating in a research note on Monday, November 2nd. Finally, Evercore set a $377.00 target price on Everest Group in a report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $426.27.

Trending Headlines about Everest Group

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

• Negative Sentiment: Several law firms are publicizing a class action covering investors who bought Everest shares from February 8, 2024, through October 27, 2025. The complaint alleges Everest misled investors about casualty underwriting risks and remediation, including its exposure to certain high-risk business and the transfer of renewal rights on roughly $2 billion in annual premiums to AIG. Investors may seek lead-plaintiff status by December 27 or 28, 2026. The litigation could create reputational and legal uncertainty, though the allegations have not been proven. Class-action notice
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target to $407 from $450, a potentially bearish signal about near-term valuation. Analyst price-target update
• Negative Sentiment: Director William Galtney, Jr. sold 5,000 shares on November 6 and another 2,500 on November 10, for about $3.1 million in total. He retained 37,991 shares after the later sale; insider selling may weigh on sentiment but does not by itself indicate a change in company outlook. SEC Form 4 filing

Insider Buying and Selling

In other Everest Group news, Director Laura Hay sold 144 shares of the company’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $418.78, for a total transaction of $60,304.32. Following the completion of the transaction, the director owned 1,770 shares of the company’s stock, valued at $741,240.60. This represents a 7.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Galtney, Jr. sold 5,000 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $412.41, for a total value of $2,062,050.00. Following the completion of the sale, the director owned 40,491 shares of the company’s stock, valued at approximately $16,698,893.31. This trade represents a 10.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,644 shares of company stock valued at $3,158,079 in the last ninety days. 0.70% of the stock is currently owned by corporate insiders.

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.