Evergy Inc. $EVRG Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC raised its stake in shares of Evergy Inc. (NASDAQ:EVRG) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 327,499 shares of the company’s stock after buying an additional 7,989 shares during the quarter. Natixis Advisors LLC’s holdings in Evergy were worth $23,740,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of EVRG. Harbor Capital Advisors Inc. purchased a new position in shares of Evergy during the 4th quarter worth $27,000. Accredited Wealth Management LLC lifted its stake in shares of Evergy by 1,310.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock worth $31,000 after purchasing an additional 380 shares during the period. Sentry Investment Management LLC purchased a new position in shares of Evergy during the 3rd quarter worth $41,000. TOWER TRUST & INVESTMENT Co purchased a new position in shares of Evergy during the 4th quarter worth $42,000. Finally, Elyxium Wealth LLC purchased a new position in shares of Evergy during the 4th quarter worth $43,000. Institutional investors and hedge funds own 87.24% of the company’s stock.

Evergy Trading Up 1.7%

Shares of EVRG opened at $83.27 on Friday. The company has a current ratio of 0.45, a quick ratio of 0.24 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $19.19 billion, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 2.12 and a beta of 0.54. The stock’s fifty day simple moving average is $82.25 and its 200 day simple moving average is $78.98. Evergy Inc. has a twelve month low of $64.80 and a twelve month high of $85.27.

Evergy (NASDAQ:EVRG) last issued its earnings results on Thursday, May 7th. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.06. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.27 billion. Evergy had a return on equity of 9.09% and a net margin of 14.63%.The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. On average, equities research analysts forecast that Evergy Inc. will post 4.25 earnings per share for the current year.

Evergy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 22nd will be given a $0.695 dividend. This represents a $2.78 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, May 22nd. Evergy’s dividend payout ratio (DPR) is 73.74%.

Insider Buying and Selling

In related news, Director Sandra Aj Lawrence sold 761 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $83.31, for a total value of $63,398.91. Following the transaction, the director directly owned 1,680 shares of the company’s stock, valued at approximately $139,960.80. This trade represents a 31.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Charles L. King sold 2,440 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $82.19, for a total value of $200,543.60. Following the completion of the transaction, the senior vice president directly owned 18,359 shares in the company, valued at $1,508,926.21. This trade represents a 11.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 8,051 shares of company stock valued at $663,657. 1.52% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on EVRG shares. Bank of America reduced their price target on Evergy from $89.00 to $88.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Mizuho set a $82.00 price target on Evergy in a research note on Monday, February 23rd. BMO Capital Markets increased their price target on Evergy from $82.00 to $87.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Weiss Ratings raised Evergy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Finally, Barclays increased their price target on Evergy from $82.00 to $89.00 and gave the stock an “overweight” rating in a research note on Monday, March 9th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.60.

Evergy Profile

Evergy, Inc is a regulated electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers primarily across Kansas and western Missouri. The company provides core utility services including retail electric delivery, grid operations, customer service and outage restoration, operating under state regulatory frameworks. Evergy serves a mix of urban and rural communities, including portions of the Kansas City metropolitan area and other population centers in its service territory.

The company’s business activities span power generation, system planning, transmission and distribution infrastructure, and customer-facing programs such as energy efficiency and demand-side management.