Everpure (NYSE:P) Insider John Colgrove Sells 100,000 Shares of Stock

Everpure, Inc. (NYSE:P) insider John Colgrove sold 100,000 shares of Everpure 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 transaction, the insider directly owned 5,793,309 shares of the company’s stock, valued at $671,792,111.64. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Colgrove also recently made the following trade(s):

• On Monday, September 21st, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $110.35, for a total value of $11,035,000.00.
• On Thursday, September 10th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $94.95, for a total transaction of $9,495,000.00.
• On Friday, August 14th, John Colgrove sold 64,815 shares of Everpure stock. The shares were sold at an average price of $117.44, for a total transaction of $7,611,873.60.
• On Thursday, August 13th, John Colgrove sold 100,000 shares of Everpure stock. The stock was sold at an average price of $117.21, for a total value of $11,721,000.00.
• On Tuesday, August 11th, John Colgrove sold 100,000 shares of Everpure stock. The stock was sold at an average price of $104.39, for a total value of $10,439,000.00.
• On Monday, August 10th, John Colgrove sold 200,000 shares of Everpure stock. The shares were sold at an average price of $96.98, for a total transaction of $19,396,000.00.
• On Friday, August 7th, John Colgrove sold 35,185 shares of Everpure stock. The stock was sold at an average price of $90.01, for a total transaction of $3,167,001.85.
• On Tuesday, August 4th, John Colgrove sold 89,720 shares of Everpure stock. The shares were sold at an average price of $85.66, for a total transaction of $7,685,415.20.
• On Friday, July 10th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $79.82, for a total value of $7,982,000.00.

Everpure Stock Performance

Shares of NYSE:P opened at $121.80 on Friday. The business has a 50 day moving average price of $95.49. The company has a market capitalization of $40.59 billion, a PE ratio of 166.85, a P/E/G ratio of 4.46 and a beta of 1.43. Everpure, Inc. has a 52-week low of $56.78 and a 52-week high of $131.41.

Everpure (NYSE:P) last posted its earnings results on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.51. Everpure had a net margin of 5.94% and a return on equity of 19.06%. The business had revenue of $1.19 billion for the quarter. Everpure’s revenue for the quarter was up 37.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Everpure, Inc. will post 0.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Bank of America upgraded shares of Everpure from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $90.00 to $150.00 in a research note on Thursday, August 27th. Wall Street Zen downgraded shares of Everpure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 12th. Citigroup boosted their price target on Everpure from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday. Northland Securities set a $167.00 price objective on Everpure in a research note on Thursday. Finally, Barclays upped their target price on Everpure from $84.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Seventeen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $137.15.

Institutional Investors Weigh In On Everpure

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Continuum Advisory LLC purchased a new position in shares of Everpure in the second quarter worth about $29,000. Reflection Asset Management purchased a new stake in Everpure during the 4th quarter valued at about $32,000. SHP Wealth Management acquired a new stake in Everpure in the 4th quarter valued at about $36,000. Rothschild Investment LLC lifted its stake in Everpure by 18.1% in the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock worth $67,000 after purchasing an additional 152 shares in the last quarter. Finally, Ancora Advisors LLC acquired a new position in shares of Everpure during the 2nd quarter worth approximately $67,000. Institutional investors and hedge funds own 83.42% of the company’s stock.

Everpure News Summary

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Everpure issued preliminary fiscal 2028 revenue guidance of $7.0 billion to $7.3 billion, implying 39% to 45% growth and well above the roughly $6.2 billion analyst consensus. Management cited four strategic growth areas and an “inflection point” in the business. Everpure shares jump as fiscal 2028 outlook tops estimates
• Positive Sentiment: The company reaffirmed its fiscal 2027 outlook and said AI-related demand should continue to accelerate revenue growth, particularly through hyperscale data-center customers. Investors viewed the outlook as evidence of durable growth and potential margin expansion. Everpure stock leads S&P 500 gainers after rosy outlook
• Positive Sentiment: Wall Street analysts responded by raising price targets. Citigroup lifted its target to $160 while Needham, Guggenheim and other firms set targets between $145 and $150, maintaining generally bullish ratings. Wall Street raises Everpure targets after upbeat outlook
• Positive Sentiment: The results build on Everpure’s recent momentum: the company’s latest quarterly revenue increased 37.7% year over year and EPS of $0.70 substantially exceeded the $0.19 consensus estimate.
• Neutral Sentiment: Trading was briefly halted under a limit-up/limit-down pause as volatility increased, underscoring the market’s strong reaction to the guidance.
• Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.6 million under a pre-arranged Rule 10b5-1 plan. The sale reduced his ownership by 1.7%, but he retained more than 5.7 million shares, limiting the significance of the transaction. SEC insider transaction filing

About Everpure

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.