Danske Bank A S Invests $35.55 Million in Everest Group, Ltd. $EG

Danske Bank A S purchased a new position in Everest Group, Ltd. (NYSE:EG) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 101,497 shares of the company’s stock, valued at approximately $35,547,000.

Other large investors also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in Everest Group in the third quarter worth about $30,000. UMB Bank n.a. lifted its holdings in shares of Everest Group by 81.4% during the third quarter. UMB Bank n.a. now owns 107 shares of the company’s stock valued at $37,000 after purchasing an additional 48 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Everest Group during the second quarter valued at approximately $39,000. MUFG Securities EMEA plc bought a new stake in shares of Everest Group in the 2nd quarter worth approximately $43,000. Finally, Brown Brothers Harriman & Co. grew its stake in shares of Everest Group by 57.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 134 shares of the company’s stock worth $47,000 after buying an additional 49 shares during the last quarter. 92.64% of the stock is owned by hedge funds and other institutional investors.

More Everest Group News

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

• Positive Sentiment: MSN ran a roundup that spotlights Everest among potential reinsurance winners for Q4, which could attract investor interest and capital flows into the stock. Spotting winners: Everest Group (NYSE:EG) and reinsurance stocks in Q4
• Positive Sentiment: Zacks increased its FY2028 EPS estimate for Everest to $64.07 (from $60.97), signalling better longer‑term earnings expectations that could support valuation if realized. MarketBeat: Everest Group coverage (Zacks updates)
• Neutral Sentiment: Zacks issued a series of mostly small revisions across quarters (some modest raises like Q4 2027 and FY2027, and slight downticks elsewhere) but kept a “Hold” rating — indicating analysts see balanced risk/reward rather than a clear catalyst. MarketBeat: Everest Group coverage (Zacks updates)
• Negative Sentiment: Zacks trimmed several near‑term estimates (multiple Q1–Q3 2026 and Q1–Q2 2027 cuts and a slight reduction to FY2026), which may signal expected pressure in near‑term operating results and contributes to downward pressure on the stock. MarketBeat: Everest Group coverage (Zacks updates)

Everest Group Trading Down 0.8%

Shares of EG stock opened at $319.79 on Thursday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.23. Everest Group, Ltd. has a 12-month low of $302.44 and a 12-month high of $370.20. The stock has a market capitalization of $12.92 billion, a P/E ratio of 8.45, a P/E/G ratio of 0.23 and a beta of 0.34. The firm’s 50 day moving average is $329.88 and its 200 day moving average is $332.05.

Everest Group (NYSE:EG) last announced its earnings results on Wednesday, February 4th. The company reported $13.26 earnings per share for the quarter, missing analysts’ consensus estimates of $13.36 by ($0.10). The company had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Everest Group had a net margin of 9.09% and a return on equity of 12.50%. Everest Group’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($18.39) earnings per share. Research analysts expect that Everest Group, Ltd. will post 47.93 earnings per share for the current year.

Everest Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be issued a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, March 13th. Everest Group’s dividend payout ratio is currently 21.13%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on EG shares. Wells Fargo & Company reduced their price objective on Everest Group from $332.00 to $310.00 and set an “equal weight” rating for the company in a research report on Friday, February 6th. Mizuho set a $360.00 target price on Everest Group in a research note on Wednesday, February 11th. Cantor Fitzgerald reduced their price target on Everest Group from $348.00 to $344.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. TD Cowen lowered their price target on Everest Group from $400.00 to $365.00 and set a “hold” rating for the company in a research report on Monday, December 15th. Finally, Evercore set a $365.00 price target on shares of Everest Group in a research note on Wednesday, January 7th. Six analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $363.21.

Everest Group Company 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.