Evergy Inc. $EVRG Shares Purchased by Integrity Alliance LLC.

Integrity Alliance LLC. increased its position in shares of Evergy Inc. (NASDAQ:EVRGFree Report) by 214.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,163 shares of the company’s stock after purchasing an additional 11,707 shares during the period. Integrity Alliance LLC.’s holdings in Evergy were worth $1,244,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caprock Group LLC acquired a new stake in Evergy during the third quarter worth about $1,482,000. ANTIPODES PARTNERS Ltd acquired a new stake in Evergy during the third quarter worth about $72,860,000. Orion Porfolio Solutions LLC increased its position in Evergy by 32.5% during the third quarter. Orion Porfolio Solutions LLC now owns 83,233 shares of the company’s stock worth $6,327,000 after purchasing an additional 20,395 shares during the last quarter. AlphaQuest LLC increased its position in Evergy by 137.7% during the third quarter. AlphaQuest LLC now owns 26,359 shares of the company’s stock worth $2,004,000 after purchasing an additional 15,268 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its position in Evergy by 9.9% during the third quarter. Oppenheimer Asset Management Inc. now owns 209,307 shares of the company’s stock worth $15,912,000 after purchasing an additional 18,783 shares during the last quarter. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Evergy Price Performance

Shares of EVRG opened at $82.85 on Friday. Evergy Inc. has a 1-year low of $64.70 and a 1-year high of $85.27. The stock has a market cap of $19.10 billion, a PE ratio of 21.98, a P/E/G ratio of 2.18 and a beta of 0.56. The firm has a 50-day simple moving average of $82.07 and a two-hundred day simple moving average of $78.79. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24.

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

Evergy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.695 per share. The ex-dividend date is Friday, May 22nd. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.4%. Evergy’s dividend payout ratio (DPR) is currently 73.74%.

Analyst Ratings Changes

EVRG has been the subject of several recent analyst reports. BMO Capital Markets raised their price objective on shares of Evergy from $82.00 to $87.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Barclays raised their price objective on shares of Evergy from $82.00 to $89.00 and gave the stock an “overweight” rating in a research report on Monday, March 9th. Citigroup raised their price objective on shares of Evergy from $89.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Wells Fargo & Company set a $87.00 price target on shares of Evergy in a research report on Tuesday, April 21st. Finally, Bank of America dropped their price target on shares of Evergy from $89.00 to $88.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Evergy has an average rating of “Moderate Buy” and an average price target of $89.60.

View Our Latest Stock Report on EVRG

Insider Transactions at Evergy

In related news, SVP Heather A. Humphrey sold 3,650 shares of Evergy stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total value of $301,526.50. Following the completion of the transaction, the senior vice president owned 44,007 shares in the company, valued at approximately $3,635,418.27. The trade was a 7.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Charles L. King sold 2,440 shares of Evergy stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $82.19, for a total transaction of $200,543.60. Following the completion of the transaction, the senior vice president owned 18,359 shares of the company’s stock, valued at $1,508,926.21. This trade represents a 11.73% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.52% of the stock is owned by company insiders.

About Evergy

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Evergy (NASDAQ:EVRG)

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