Accurate Wealth Management 13F: Exits Everest (EG) Stake
Key Points
- Accurate Wealth Management closed out its investment in Everest Group, Ltd. (NYSE:EG), selling all 2,572 shares during the period.
- Everest Group recently posted trailing twelve-month revenue of $16.8 billion alongside an earnings per share figure of $47.31.
- Wall Street analysts and peer funds have actively adjusted positions and targets as the reinsurer heads toward its late October earnings report.
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Accurate Wealth Management closed out its position in Everest Group, Ltd. (NYSE:EG), completely exiting the stock according to a Form 13F filed with the SEC on October 20, 2026.
EG
Everest Group, Ltd.
What Changed in Accurate Wealth Management's Everest Group Position
The firm sold out of its holdings entirely, shedding all 2,572 shares it previously owned. The complete liquidation closed out the fund's exposure to the reinsurer.
Other Institutional Activity in Everest Group
Other major fund managers adjusted their stakes in the reinsurer around the same reporting periods. Jacobs Levy Equity Management grew its holdings by 8,041 shares, ending with 230,540 shares worth about $82.4 million. Voloridge Investment Management boosted its position by 53,051 shares, finishing with 185,699 shares valued at roughly $66.3 million. AQR Capital Management, LLC grew its position by 38,790 shares to a total of 1,404,638 shares worth $552.3 million. Alliancebernstein L.P. lifted its stake by 314,178 shares to reach 1,043,298 shares valued at $410.2 million. On the other side, Vulcan Value Partners, LLC reduced its holdings by 324,935 shares, keeping 1,036,906 shares worth about $407.7 million.
Everest Group, Ltd. Stock Up 4.9%
Shares of Everest Group recently traded around $393.19 as of October 21, 2026, matching the closing price of $393.19 recorded on the October 20 filing date. The company operates with a low beta of 0.277, pointing to lower relative price volatility compared to the broader market.
Recent Earnings
Everest Group reported trailing twelve-month revenue of $16.82 billion and earnings of $47.31 per share. The reinsurer delivered a return on equity of 12.6% alongside a net profit margin of 11.4%. Revenue declined 11.3% over the prior year period. Investors will look to the company's upcoming earnings release on October 28, 2026, for further operational updates.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
7 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 11.7%. Revenue missed estimates by 0.9%.
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Profit surprise
Operating income beat by 14 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
7 target raises.
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Earnings quality
Gross margin up 33.2 points. Operating margin up 12.2 points.
Earnings Call Summary
Everest reported a strong first quarter with underwriting income of $316 million and net investment income of $567 million, producing operating earnings per share of $16.08. The treaty reinsurance segment delivered excellent results with an 87.2 percent combined ratio. The company completed a strategic pivot away from casualty reinsurance and U.S. retail insurance, reducing casualty premium by over $1.2 billion over two years while rotating toward short-tail and specialty lines. They raised the quarterly share repurchase floor to $300 million, reflecting confidence that the stock does not reflect the company's true value.
Guidance Management did not provide formal earnings or revenue guidance. They stated they will prioritize profitability and shareholder returns over top line growth. For the April 1 renewal, property catastrophe rates fell 13 percent globally but terms and conditions held. For the June 1 Florida renewal, they expect rates to come down in the mid-teens range but maintained strong pricing discipline.
Good report. The company beat and showed some forward improvement, with a few meaningful caveats.
Dividend
Eligible shareholders receive an annual dividend rate of $8.00 per share. That payout represents 16.9% of the company's earnings.
Insider Buying and Selling at Everest Group, Ltd.
Company insiders also made moves prior to the filing. Jason Warwick Keen sold 775 shares on May 7, 2026, at an average price of $351.84, totaling $272,676.
Analysts Set New Price Targets
Wall Street research firms updated their views on the stock ahead of the filing. On August 3, 2026, UBS maintained a neutral rating and raised its target from $374.00 to $395.00. TD Cowen maintained a hold rating on August 19, 2026, moving its target from $365.00 to $385.00. RBC Capital initiated coverage on September 22, 2026, with an outperform rating and a $455.00 target. Mizuho maintained a neutral rating on October 7, 2026, adjusting its target from $416.00 to $398.00. Keefe, Bruyette & Woods maintained an outperform rating on October 12, 2026, shifting its target from $414.00 to $407.00.
About Everest Group
Headquartered in Hamilton, Bermuda, Everest Group, Ltd. operates through insurance and reinsurance segments, offering property, casualty, and specialty coverage to clients across the United States, Europe, and international markets.
Bottom Line
Accurate Wealth Management's complete exit is part of the normal rotation of institutional portfolios. Market participants will monitor the upcoming earnings release on October 28, 2026, for fresh performance details.
Related Filing Alerts
Source: Accurate Wealth Management's 13F filing on $EG (Oct 20, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts