California Public Employees Retirement System Trims Position in Everest Group, Ltd. $EG

California Public Employees Retirement System decreased its position in shares of Everest Group, Ltd. (NYSE:EG) by 11.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,010 shares of the company’s stock after selling 12,645 shares during the quarter. California Public Employees Retirement System’s holdings in Everest Group were worth $30,727,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Activest Wealth Management acquired a new stake in Everest Group during the fourth quarter worth about $34,000. Raiffeisen Bank International AG acquired a new position in Everest Group in the 4th quarter valued at about $34,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Everest Group in the 4th quarter valued at approximately $37,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Everest Group in the 2nd quarter valued at approximately $39,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Everest Group during the 2nd quarter worth approximately $43,000. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on EG. BMO Capital Markets lifted their price target on shares of Everest Group from $366.00 to $376.00 and gave the company a “market perform” rating in a research report on Thursday, May 14th. Weiss Ratings upgraded Everest Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Citigroup lifted their target price on Everest Group from $342.00 to $395.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. UBS Group set a $355.00 price target on Everest Group in a research note on Thursday, May 21st. Finally, Barclays increased their price target on Everest Group from $380.00 to $420.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. Four equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Everest Group presently has a consensus rating of “Hold” and a consensus target price of $387.73.

Everest Group Stock Performance

Shares of EG stock opened at $376.88 on Wednesday. The firm’s 50 day moving average price is $350.92 and its 200-day moving average price is $339.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.37 and a current ratio of 0.37. Everest Group, Ltd. has a one year low of $302.44 and a one year high of $385.68. The firm has a market cap of $14.91 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.59 and a beta of 0.29.

Everest Group (NYSE:EG) last posted its quarterly earnings data on Monday, March 23rd. The company reported $16.08 earnings per share for the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%. The firm had revenue of $4.07 billion during the quarter. As a group, equities research analysts predict that Everest Group, Ltd. will post 52.86 EPS for the current year.

Everest Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Friday, June 12th. Everest Group’s dividend payout ratio (DPR) is currently 16.27%.

Everest Group News Summary

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

• Neutral Sentiment: Zacks Research slightly raised its Q3 2026 EPS estimate for Everest Group, which is a small positive offset amid broader estimate cuts. Everest Group, Ltd. (NYSE:EG) report
• Negative Sentiment: Analysts lowered Everest Group’s FY2026 earnings estimate, signaling a somewhat softer profit outlook for the current year. Everest Group, Ltd. (NYSE:EG) report
• Negative Sentiment: Additional downward revisions to FY2027 and FY2028 EPS estimates suggest analysts see less upside in long-term earnings growth than before. Everest Group, Ltd. (NYSE:EG) report
• Negative Sentiment: A separate commentary piece flagged “3 reasons to sell EG,” which may add to negative investor sentiment, even though it does not include new company-specific fundamentals. 3 reasons to sell EG and 1 stock to buy instead

Insider Buying and Selling at Everest Group

In related news, CEO Jason Keen sold 775 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $351.84, for a total value of $272,676.00. Following the sale, the chief executive officer owned 8,170 shares in the company, valued at approximately $2,874,532.80. The trade was a 8.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.70% of the company’s stock.

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.