VIRGINIA RETIREMENT SYSTEMS ET Al lowered its position in shares of Evergy Inc. (NASDAQ:EVRG – Free Report) by 28.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,800 shares of the company’s stock after selling 21,700 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Evergy were worth $4,045,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC raised its holdings in Evergy by 0.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 24,981 shares of the company’s stock worth $1,826,000 after purchasing an additional 140 shares in the last quarter. Moneta Group Investment Advisors LLC raised its holdings in Evergy by 0.3% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 46,972 shares of the company’s stock worth $3,571,000 after purchasing an additional 145 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in Evergy by 17.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 979 shares of the company’s stock worth $74,000 after purchasing an additional 147 shares in the last quarter. Modern Wealth Management LLC raised its holdings in Evergy by 1.9% in the 3rd quarter. Modern Wealth Management LLC now owns 7,926 shares of the company’s stock worth $603,000 after purchasing an additional 148 shares in the last quarter. Finally, Composition Wealth LLC raised its holdings in Evergy by 3.9% in the 4th quarter. Composition Wealth LLC now owns 3,920 shares of the company’s stock worth $284,000 after purchasing an additional 148 shares in the last quarter. 87.24% of the stock is currently owned by institutional investors.
Insider Activity at Evergy
In related news, Director Ann D. Murtlow sold 2,847 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $82.34, for a total transaction of $234,421.98. Following the sale, the director directly owned 2,311 shares of the company’s stock, valued at approximately $190,287.74. This represents a 55.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Charles L. King sold 2,440 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $82.19, for a total transaction of $200,543.60. Following the sale, the senior vice president directly owned 18,359 shares in the company, valued at $1,508,926.21. This trade represents a 11.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 8,937 shares of company stock valued at $736,492. 1.52% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on EVRG
Evergy Stock Up 0.3%
Shares of Evergy stock opened at $82.73 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24. The company has a 50-day moving average of $81.98 and a 200 day moving average of $78.36. The firm has a market cap of $19.07 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 2.14 and a beta of 0.56. Evergy Inc. has a 1 year low of $64.22 and a 1 year high of $85.27.
Evergy (NASDAQ:EVRG – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.06. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.27 billion. Evergy had a net margin of 14.63% and a return on equity of 9.09%. Evergy’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the business earned $0.54 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. As a group, sell-side analysts anticipate that Evergy Inc. will post 4.25 earnings per share for the current fiscal year.
Evergy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 22nd will be paid a $0.695 dividend. This represents a $2.78 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, May 22nd. Evergy’s dividend payout ratio (DPR) is presently 73.74%.
Evergy Profile
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.
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