Wakefield Asset Management LLLP Acquires Shares of 38,962 Evertec, Inc. $EVTC

Posted by Francis Steltz on May 16th, 2026

Wakefield Asset Management LLLP acquired a new stake in Evertec, Inc. (NYSE:EVTC – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 38,962 shares of the business services provider’s stock, valued at approximately $1,133,000. Wakefield Asset Management LLLP owned approximately 0.06% of Evertec at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EVTC. American Century Companies Inc. grew its holdings in shares of Evertec by 7.4% during the 3rd quarter. American Century Companies Inc. now owns 4,894,013 shares of the business services provider’s stock worth $165,320,000 after purchasing an additional 335,639 shares in the last quarter. Dana Investment Advisors Inc. acquired a new stake in shares of Evertec during the 3rd quarter worth $2,782,000. SG Americas Securities LLC grew its holdings in shares of Evertec by 443.9% during the 4th quarter. SG Americas Securities LLC now owns 42,505 shares of the business services provider’s stock worth $1,236,000 after purchasing an additional 34,690 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Evertec during the 3rd quarter worth $1,559,000. Finally, Invenomic Capital Management LP grew its holdings in shares of Evertec by 114.4% during the 3rd quarter. Invenomic Capital Management LP now owns 247,541 shares of the business services provider’s stock worth $8,362,000 after purchasing an additional 132,063 shares in the last quarter. 96.80% of the stock is owned by institutional investors and hedge funds.

Evertec Stock Performance

NYSE:EVTC opened at $23.54 on Friday. The stock’s 50-day simple moving average is $28.14 and its 200 day simple moving average is $28.53. The firm has a market capitalization of $1.45 billion, a PE ratio of 11.37, a price-to-earnings-growth ratio of 0.79 and a beta of 0.80. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.56. Evertec, Inc. has a twelve month low of $21.82 and a twelve month high of $38.56.

Evertec (NYSE:EVTC – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.01). The business had revenue of $247.92 million during the quarter, compared to analyst estimates of $248.99 million. Evertec had a net margin of 13.95% and a return on equity of 31.40%. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same period last year, the business earned $0.87 earnings per share. Evertec has set its FY 2026 guidance at 3.860-3.980 EPS. On average, analysts anticipate that Evertec, Inc. will post 3.37 EPS for the current fiscal year.

Evertec Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Monday, May 11th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.20 annualized dividend and a yield of 0.8%. Evertec’s dividend payout ratio (DPR) is 9.66%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on EVTC shares. Raymond James Financial reissued an “outperform” rating and set a $34.00 target price on shares of Evertec in a report on Thursday, May 7th. Zacks Research lowered Evertec from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Evertec in a report on Friday, March 27th. Finally, Wall Street Zen lowered Evertec from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.00.

Read Our Latest Analysis on Evertec

Insider Activity

In other Evertec news, COO Joaquin A. Castrillo-Salgado acquired 20,000 shares of Evertec stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average cost of $22.74 per share, with a total value of $454,800.00. Following the completion of the purchase, the chief operating officer directly owned 143,987 shares of the company’s stock, valued at $3,274,264.38. This represents a 16.13% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Luis A. Rodriguez-Gonzalez acquired 17,000 shares of Evertec stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average cost of $24.10 per share, for a total transaction of $409,700.00. Following the completion of the purchase, the executive vice president directly owned 80,907 shares of the company’s stock, valued at $1,949,858.70. This represents a 26.60% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 1.13% of the company’s stock.

Evertec Profile

(Free Report)

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.