SVB Wealth LLC Sells 6,836 Shares of Evergy Inc. $EVRG

Posted by George Bondi on Sep 9th, 2026

SVB Wealth LLC cut its stake in Evergy Inc. (NASDAQ:EVRG – Free Report) by 13.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,939 shares of the company’s stock after selling 6,836 shares during the quarter. SVB Wealth LLC’s holdings in Evergy were worth $3,884,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. California State Teachers Retirement System grew its holdings in Evergy by 8,326.1% during the second quarter. California State Teachers Retirement System now owns 23,101,615 shares of the company’s stock worth $1,996,673,000 after buying an additional 22,827,447 shares in the last quarter. Geode Capital Management LLC lifted its stake in Evergy by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 6,447,150 shares of the company’s stock valued at $465,684,000 after acquiring an additional 105,842 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Evergy by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 6,091,518 shares of the company’s stock worth $441,574,000 after acquiring an additional 33,457 shares during the last quarter. Federated Hermes Inc. boosted its holdings in Evergy by 1.6% during the 4th quarter. Federated Hermes Inc. now owns 3,760,548 shares of the company’s stock worth $272,602,000 after acquiring an additional 57,814 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Evergy by 10.6% in the 3rd quarter. Northern Trust Corp now owns 2,760,494 shares of the company’s stock worth $209,853,000 after acquiring an additional 263,619 shares in the last quarter. Institutional investors own 87.24% of the company’s stock.

Insider Buying and Selling

In other Evergy news, EVP Charles Caisley sold 10,787 shares of Evergy stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $83.46, for a total value of $900,283.02. Following the sale, the executive vice president owned 37,789 shares of the company’s stock, valued at approximately $3,153,869.94. The trade was a 22.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.52% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on EVRG. BMO Capital Markets increased their target price on shares of Evergy from $88.00 to $92.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Evergy in a report on Friday, August 7th. Barclays upped their price objective on shares of Evergy from $89.00 to $94.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. BTIG Research set a $97.00 price objective on shares of Evergy in a research note on Thursday, July 23rd. Finally, Citigroup lifted their target price on shares of Evergy from $95.00 to $97.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Evergy currently has an average rating of “Moderate Buy” and an average price target of $90.60.

Get Our Latest Stock Report on Evergy

Evergy Stock Up 0.9%

Shares of NASDAQ:EVRG opened at $82.24 on Wednesday. The company has a market capitalization of $18.96 billion, a PE ratio of 20.87, a price-to-earnings-growth ratio of 2.12 and a beta of 0.53. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.36 and a quick ratio of 0.21. The business has a fifty day moving average price of $83.99 and a two-hundred day moving average price of $83.04. Evergy Inc. has a 1 year low of $70.42 and a 1 year high of $88.62.

Evergy (NASDAQ:EVRG – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.07. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Evergy had a return on equity of 9.20% and a net margin of 15.19%.During the same period in the previous year, the business posted $0.82 EPS. Analysts forecast that Evergy Inc. will post 4.25 earnings per share for the current year.

Evergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Tuesday, August 18th will be issued a dividend of $0.695 per share. This represents a $2.78 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Tuesday, August 18th. Evergy’s dividend payout ratio (DPR) is 70.56%.

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.