Qsemble Capital Management LP grew its position in Evergy Inc. (NASDAQ:EVRG – Free Report) by 295.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 105,780 shares of the company’s stock after acquiring an additional 79,029 shares during the period. Qsemble Capital Management LP’s holdings in Evergy were worth $7,668,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbor Capital Advisors Inc. acquired a new position in shares of Evergy in the 4th quarter valued at $27,000. Accredited Wealth Management LLC boosted its stake in Evergy by 1,310.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock worth $31,000 after purchasing an additional 380 shares during the period. Sentry Investment Management LLC acquired a new position in Evergy in the 3rd quarter worth $41,000. TOWER TRUST & INVESTMENT Co acquired a new position in Evergy in the 4th quarter worth $42,000. Finally, Root Financial Partners LLC acquired a new position in shares of Evergy during the 3rd quarter worth about $44,000. Institutional investors and hedge funds own 87.24% of the company’s stock.
Insider Buying and Selling at Evergy
In other Evergy news, SVP Heather A. Humphrey sold 3,650 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total value of $301,526.50. Following the transaction, the senior vice president directly owned 44,007 shares of the company’s stock, valued at $3,635,418.27. This represents a 7.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 completion of the transaction, the director directly owned 2,311 shares in the company, valued at approximately $190,287.74. This represents a 55.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,937 shares of company stock valued at $736,492 in the last three months. 1.52% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Get Our Latest Analysis on Evergy
Evergy Stock Down 2.7%
Evergy stock opened at $80.50 on Friday. The stock has a market cap of $18.56 billion, a P/E ratio of 21.35, a P/E/G ratio of 2.15 and a beta of 0.56. The company has a quick ratio of 0.24, a current ratio of 0.45 and a debt-to-equity ratio of 1.29. Evergy Inc. has a twelve month low of $64.70 and a twelve month high of $85.27. The company’s 50-day moving average price is $81.91 and its two-hundred day moving average price is $78.37.
Evergy (NASDAQ:EVRG – Get Free Report) last released 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. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Evergy had a net margin of 14.63% and a return on equity of 9.09%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. As a group, analysts expect that Evergy Inc. will post 4.25 EPS for the current year.
Evergy Dividend Announcement
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 issued a $0.695 dividend. This represents a $2.78 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Friday, May 22nd. Evergy’s dividend payout ratio is currently 73.74%.
Evergy Company 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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