Wedbush Reaffirms Outperform Rating for Everpure (NYSE:P)

by · The Markets Daily

Everpure (NYSE:P – Get Free Report)‘s stock had its “outperform” rating reaffirmed by stock analysts at Wedbush in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $130.00 price objective on the stock. Wedbush’s price objective suggests a potential upside of 18.66% from the company’s current price.

Several other brokerages also recently issued reports on P. Evercore reissued an “outperform” rating and set a $130.00 target price on shares of Everpure in a research note on Monday, August 24th. UBS Group upped their target price on Everpure from $70.00 to $80.00 and gave the company a “sell” rating in a report on Thursday, August 27th. Wells Fargo & Company boosted their target price on Everpure from $135.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday. Northland Securities lifted their price target on Everpure from $90.00 to $128.00 and gave the company an “outperform” rating in a report on Friday, August 28th. Finally, Lake Street Capital restated a “buy” rating and set a $120.00 price objective on shares of Everpure in a research report on Thursday, August 27th. Seventeen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.55.

View Our Latest Stock Report on Everpure

Everpure Trading Down 1.2%

NYSE:P opened at $109.56 on Thursday. The business’s 50-day simple moving average is $94.42. The company has a market capitalization of $36.51 billion, a price-to-earnings ratio of 150.08, a price-to-earnings-growth ratio of 4.46 and a beta of 1.43. Everpure has a 52 week low of $56.78 and a 52 week high of $119.10.

Everpure (NYSE:P – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.51. The firm had revenue of $1.19 billion during the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%.Everpure’s revenue was up 37.7% compared to the same quarter last year. As a group, analysts anticipate that Everpure will post 0.96 EPS for the current fiscal year.

Insider Activity at Everpure

In other Everpure news, insider Ajay Singh sold 9,787 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $78.12, for a total transaction of $764,560.44. Following the completion of the transaction, the insider directly owned 340,939 shares in the company, valued at approximately $26,634,154.68. This trade represents a 2.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John Colgrove sold 200,000 shares of Everpure stock in a transaction on Monday, August 10th. The stock was sold at an average price of $96.98, for a total transaction of $19,396,000.00. Following the completion of the sale, the insider owned 6,474,080 shares of the company’s stock, valued at approximately $627,856,278.40. This trade represents a 3.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 908,050 shares of company stock worth $89,995,156 in the last ninety days. 5.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Continuum Advisory LLC purchased a new position in shares of Everpure in the 2nd quarter worth about $29,000. Reflection Asset Management acquired a new stake in Everpure during the 4th quarter worth about $32,000. SHP Wealth Management acquired a new position in shares of Everpure during the 4th quarter worth about $36,000. Ancora Advisors LLC acquired a new stake in Everpure during the second quarter worth $67,000. Finally, Rothschild Investment LLC boosted its position in shares of Everpure by 18.1% during the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock worth $67,000 after acquiring an additional 152 shares in the last quarter. 83.42% of the stock is currently owned by institutional investors.

Key Everpure News

Here are the key news stories impacting Everpure this week:

  • Positive Sentiment: At its 2026 Financial Analyst Meeting, Everpure raised its preliminary FY 2028 revenue outlook to $7.0 billion-$7.3 billion, well above the approximately $6.2 billion consensus estimate. Management highlighted four growth areas intended to support durable, accelerated expansion. Everpure raises FY28 revenue outlook
  • Positive Sentiment: The company reaffirmed its FY 2027 outlook while presenting a new long-term business model centered on expanding storage and data-management services. The stronger outlook helped fuel investor optimism about future growth. Everpure’s Expanding Business Model Fuels New Long-Term Outlook
  • Positive Sentiment: Everpure was recognized as a Leader in Gartner’s 2026 Magic Quadrant for Infrastructure Platform Consumption Services for the second consecutive year, supporting the company’s credibility and competitive positioning in its target market. Everpure recognized as a Gartner Leader
  • Neutral Sentiment: Everpure appointed Alison McQuarrie to lead its Australia and New Zealand partner organization. The move may strengthen regional channel execution, but the immediate financial impact is unclear. Everpure appoints A/NZ partners lead
  • Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11.0 million. The transaction was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding from vested equity awards, which reduces its signaling value, but it still adds selling pressure after several prior sales. Everpure shares down on insider selling

About Everpure

(Get Free Report)

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.

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