Everest Group Ltd (EG) has seen varying levels of investment from numerous asset management groups. These include
Dimensional Fund Advisors LP and
Martingale Asset Management L P, who have decreased their holdings, whereas
Fuller & Thaler Asset Management Inc. and
Prospector Partners LLC have increased theirs.
Laura Hay, a prominent figure in insurance leadership, has joined the board of directors, a move that bodes well for the company's future. Recognized as a
strong value stock, EG's shares have been frequently bought and sold, with Rep. Lisa C. McClain and FCA Corp TX among those trading. Significant stakes are held by a variety of international and domestic players, such as
Korea Investment CORP and
Boston Partners.
EG plans to dispense a quarterly dividend of $2.00. The company's latest earnings call beat Q2 forecasts, reinforcing its position as a
long-term momentum stock. A variety of forecasts provide mostly optimistic outlooks, while there has been an ESOP share issuance which may reshape its capital allocation narrative. News of decent Q2 results have been slightly overshadowed by suggestions of the company growing too quickly, but newly appointed CEO of the reinsurance division, Jill Beggs, could promote a repositioning strategy for growth.
Everest Group Ltd EG News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 23 Aug 2025 18:58:26 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor -2
