Vise Technologies Inc. raised its stake in Evergy Inc. (NASDAQ:EVRG – Free Report) by 39.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,259 shares of the company’s stock after purchasing an additional 6,303 shares during the quarter. Vise Technologies Inc.’s holdings in Evergy were worth $1,746,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Rakuten Investment Management Inc. purchased a new position in Evergy during the second quarter worth about $3,279,000. Bank of Nova Scotia purchased a new stake in Evergy in the 2nd quarter valued at approximately $3,569,000. Greenland Capital Management LP purchased a new position in shares of Evergy during the 2nd quarter worth approximately $8,230,000. Engineers Gate Manager LP acquired a new stake in Evergy in the second quarter valued at $2,018,000. Finally, Empowered Funds LLC purchased a new stake in Evergy during the second quarter worth about $2,409,000. Institutional investors and hedge funds own 87.24% of the company’s stock.
Wall Street Analysts Forecast Growth
EVRG has been the subject of several research reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Evergy in a research note on Friday, October 9th. Barclays lowered their price target on shares of Evergy from $92.00 to $86.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. DA Davidson set a $85.00 price objective on shares of Evergy in a research note on Tuesday, October 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Evergy in a report on Wednesday. Finally, Wall Street Zen lowered Evergy from a “hold” rating to a “sell” rating in a research note on Saturday. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Evergy presently has an average rating of “Moderate Buy” and an average target price of $90.00.
View Our Latest Research Report on Evergy
Evergy Stock Up 0.1%
Evergy stock traded up $0.13 during midday trading on Friday, hitting $87.54. 3,813,734 shares of the stock were exchanged, compared to its average volume of 1,954,022. Evergy Inc. has a 1 year low of $71.40 and a 1 year high of $89.66. 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 firm has a market cap of $20.18 billion, a P/E ratio of 19.45, a P/E/G ratio of 2.24 and a beta of 0.49. The company has a 50 day moving average price of $81.79 and a two-hundred day moving average price of $82.26.
Evergy (NASDAQ:EVRG – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.33 by $0.25. Evergy had a return on equity of 9.20% and a net margin of 15.19%. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the firm earned $2.03 earnings per share. On average, sell-side analysts predict that Evergy Inc. will post 4.27 earnings per share for the current fiscal year.
Evergy Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.7225 per share. This is a boost from Evergy’s previous quarterly dividend of $0.6950. The ex-dividend date is Friday, November 20th. This represents a $2.89 dividend on an annualized basis and a yield of 3.3%. Evergy’s payout ratio is 70.56%.
Key Stories Impacting Evergy
Here are the key news stories impacting Evergy this week:
- Positive Sentiment: Evergy reported Q3 earnings of $2.58 per share, above the $2.33 consensus, while revenue of $2.10 billion also topped estimates. Earnings grew from $2.03 per share a year earlier, with growth attributed to its Kansas Central and Metro businesses. Article: Evergy’s Q3 Earnings and Revenues Beat Estimates, ’26 EPS View Raised
- Positive Sentiment: The company raised its 2026 adjusted EPS outlook to $4.35–$4.50, above the cited FactSet estimate of $4.29. Higher guidance suggests management expects earnings momentum to continue. Article: Evergy Expects 2026 Adjusted EPS Range
- Positive Sentiment: Evergy increased its quarterly dividend 4% to $0.7225 per share, or $2.89 annualized—an indication of confidence in its cash generation and a modest boost to shareholder income.
- Positive Sentiment: Coverage of the earnings call highlighted customer demand and planned investment as growth themes, adding potential support to the company’s longer-term outlook. Article: Evergy Earnings Call Signals Strong Growth and Investment
Insiders Place Their Bets
In other Evergy news, Director Jonathan Rolph acquired 1,640 shares of the company’s stock in a transaction on Friday, September 11th. The shares were bought at an average cost of $81.47 per share, for a total transaction of $133,610.80. Following the acquisition, the director directly owned 670 shares of the company’s stock, valued at $54,584.90. This trade represents a -169.07% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.52% of the stock is currently owned by company insiders.
About Evergy
Evergy, Inc is an investor-owned electric utility that generates, transmits, distributes and sells electricity to residential, commercial, industrial and municipal customers. The company operates regulated utilities in Kansas and Missouri, providing electric service through its Kansas Central, Kansas South, Missouri Metro and Missouri West operations.
Evergy’s generation portfolio includes wind, solar, coal, natural gas and nuclear power. The company also owns an interest in the Wolf Creek Generating Station, a nuclear power plant in Kansas, and continues to invest in renewable energy, grid modernization and other infrastructure intended to support reliable electricity service.
Evergy was formed in 2018 through the merger of Westar Energy and Great Plains Energy, the parent company of Kansas City Power & Light.
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