Everest Group (NYSE:EG) Director Sells 2,500 Shares of Company Stock

Everest Group, Ltd. (NYSE:EG) Director William Galtney, Jr. sold 2,500 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $15,739,291.39. This represents a 6.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Everest Group Stock Up 2.1%

Shares of NYSE:EG traded up $8.80 during midday trading on Tuesday, hitting $421.55. 401,216 shares of the company’s stock traded hands, compared to its average volume of 381,703. The firm’s fifty day moving average price is $383.16 and its two-hundred day moving average price is $355.97. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.35 and a current ratio of 0.36. Everest Group, Ltd. has a twelve month low of $304.55 and a twelve month high of $431.19. The company has a market cap of $15.61 billion, a PE ratio of 8.91, a P/E/G ratio of 0.59 and a beta of 0.23.

Everest Group (NYSE:EG) last announced its quarterly 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 company had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same quarter in the prior year, the company posted $7.54 earnings per share. The firm’s revenue for the quarter was down 14.0% on a year-over-year basis. On average, equities research analysts anticipate that Everest Group, Ltd. will post 53.43 EPS for the current fiscal year.

Everest Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be given a $2.00 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $8.00 annualized dividend and a dividend yield of 1.9%. Everest Group’s dividend payout ratio is presently 16.91%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Keefe, Bruyette & Woods increased their target price on Everest Group from $407.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, November 4th. 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 note on Wednesday, October 7th. Citigroup boosted their target price on shares of Everest Group from $415.00 to $445.00 and gave the stock a “neutral” rating in a research report on Monday, November 2nd. Weiss Ratings upgraded shares of Everest Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. Finally, Morgan Stanley raised their price target on shares of Everest Group from $375.00 to $395.00 and gave the company an “equal weight” rating in a report on Friday, October 30th. Five investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Everest Group currently has a consensus rating of “Hold” and an average price target of $426.27.

More Everest Group News

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

• Negative Sentiment: Keefe, Bruyette & Woods cut its price target on Everest Group to $407 from $450. The lower target may weigh on investor expectations. Article: KBW price-target update
• Negative Sentiment: Multiple law firms publicized a securities class action for investors who bought EG shares between February 8, 2024, and October 27, 2025. The complaint alleges Everest misrepresented casualty underwriting risks and remediation efforts, including exposure to certain high-risk accounts; it cites the transfer of renewal rights on about $2 billion in annual premiums to AIG. Investors have until late December 2026 to seek lead-plaintiff status. The claims remain unproven. Article: Everest class-action notice
• Negative Sentiment: Director William Galtney, Jr. sold 5,000 shares for approximately $2.06 million, reducing his direct holdings by about 11% to 40,491 shares. The sale may be a modest sentiment concern, though he continues to own a significant stake. SEC Form 4 filing

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC boosted its holdings in Everest Group by 59.4% in the third quarter. Global Retirement Partners LLC now owns 813 shares of the company’s stock valued at $297,000 after purchasing an additional 303 shares during the last quarter. Sompo Asset Management Co. Ltd. raised its position in shares of Everest Group by 4.8% in the 3rd quarter. Sompo Asset Management Co. Ltd. now owns 5,121 shares of the company’s stock valued at $1,870,000 after purchasing an additional 236 shares in the last quarter. Edgestream Partners L.P. acquired a new position in shares of Everest Group in the 3rd quarter valued at approximately $397,000. HighTower Advisors LLC raised its position in shares of Everest Group by 14.0% in the 3rd quarter. HighTower Advisors LLC now owns 54,787 shares of the company’s stock valued at $20,007,000 after purchasing an additional 6,744 shares in the last quarter. Finally, West Family Investments Inc. purchased a new position in shares of Everest Group during the 3rd quarter valued at approximately $261,000. Institutional investors and hedge funds own 92.64% of the company’s stock.

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.