Sandra Aj Lawrence Sells 200 Shares of Evergy (NASDAQ:EVRG) Stock

Evergy Inc. (NASDAQ:EVRGGet Free Report) Director Sandra Aj Lawrence sold 200 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $82.63, for a total transaction of $16,526.00. Following the sale, the director directly owned 480 shares of the company’s stock, valued at approximately $39,662.40. This represents a 29.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Sandra Aj Lawrence also recently made the following trade(s):

  • On Tuesday, June 2nd, Sandra Aj Lawrence sold 600 shares of Evergy stock. The shares were sold at an average price of $81.41, for a total transaction of $48,846.00.
  • On Friday, May 29th, Sandra Aj Lawrence sold 400 shares of Evergy stock. The shares were sold at an average price of $82.04, for a total transaction of $32,816.00.
  • On Thursday, May 28th, Sandra Aj Lawrence sold 761 shares of Evergy stock. The shares were sold at an average price of $83.31, for a total transaction of $63,398.91.

Evergy Trading Up 1.0%

Shares of Evergy stock traded up $0.82 during mid-day trading on Thursday, hitting $81.89. The stock had a trading volume of 2,197,646 shares, compared to its average volume of 2,069,613. The firm has a 50-day moving average of $82.15 and a two-hundred day moving average of $78.92. Evergy Inc. has a 12-month low of $64.70 and a 12-month high of $85.27. The company has a quick ratio of 0.24, a current ratio of 0.45 and a debt-to-equity ratio of 1.29. The firm has a market cap of $18.88 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 2.11 and a beta of 0.54.

Evergy (NASDAQ:EVRGGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate 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 quarter in the prior year, the company posted $0.54 EPS. 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. Sell-side analysts forecast that Evergy Inc. will post 4.25 earnings per share for the current year.

Evergy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, May 22nd will be paid a $0.695 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.78 annualized dividend and a dividend yield of 3.4%. Evergy’s dividend payout ratio is 73.74%.

Analysts Set New Price Targets

Several research firms have recently weighed in on EVRG. BTIG Research assumed coverage on shares of Evergy in a research note on Thursday, April 9th. They issued a “buy” rating and a $99.00 price target for the company. Wells Fargo & Company set a $87.00 price objective on shares of Evergy in a report on Tuesday, April 21st. Barclays upped their price objective on shares of Evergy from $82.00 to $89.00 and gave the stock an “overweight” rating in a report on Monday, March 9th. BMO Capital Markets upped their price objective on shares of Evergy from $82.00 to $87.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Finally, Citigroup upped their price objective on shares of Evergy from $89.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $89.60.

View Our Latest Analysis on EVRG

Institutional Investors Weigh In On Evergy

A number of large investors have recently modified their holdings of the company. CoreFirst Bank & Trust increased its position in shares of Evergy by 7.8% in the 1st quarter. CoreFirst Bank & Trust now owns 9,691 shares of the company’s stock valued at $794,000 after purchasing an additional 702 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Evergy by 17.9% in the 1st quarter. Parallel Advisors LLC now owns 12,411 shares of the company’s stock valued at $1,017,000 after purchasing an additional 1,880 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Evergy by 38.0% in the 1st quarter. NewEdge Advisors LLC now owns 26,362 shares of the company’s stock valued at $2,159,000 after purchasing an additional 7,253 shares during the last quarter. Optiver Holding B.V. increased its position in shares of Evergy by 14.5% in the 1st quarter. Optiver Holding B.V. now owns 1,107 shares of the company’s stock valued at $91,000 after purchasing an additional 140 shares during the last quarter. Finally, Alpine Woods Capital Investors LLC increased its position in shares of Evergy by 13.4% in the 1st quarter. Alpine Woods Capital Investors LLC now owns 75,695 shares of the company’s stock valued at $6,201,000 after purchasing an additional 8,966 shares during the last quarter. 87.24% of the stock is owned by hedge funds and other institutional investors.

Evergy Company Profile

(Get 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

Insider Buying and Selling by Quarter for Evergy (NASDAQ:EVRG)

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