Systematic Financial Management LP lifted its stake in Evergy Inc. (NASDAQ:EVRG – Free Report) by 13.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,400 shares of the company’s stock after buying an additional 6,355 shares during the quarter. Systematic Financial Management LP’s holdings in Evergy were worth $4,016,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of the stock. MQS Management LLC purchased a new stake in shares of Evergy in the fourth quarter worth about $546,000. Advisory Alpha LLC boosted its stake in shares of Evergy by 6.6% in the fourth quarter. Advisory Alpha LLC now owns 3,519 shares of the company’s stock worth $255,000 after buying an additional 219 shares during the last quarter. Kingdom Financial Group LLC. purchased a new stake in shares of Evergy in the fourth quarter worth about $314,000. Global Retirement Partners LLC boosted its stake in shares of Evergy by 148.1% in the fourth quarter. Global Retirement Partners LLC now owns 6,373 shares of the company’s stock worth $462,000 after buying an additional 3,804 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC boosted its stake in shares of Evergy by 14.0% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 24,726 shares of the company’s stock worth $1,792,000 after buying an additional 3,033 shares during the last quarter. Hedge funds and other institutional investors 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 that occurred on Tuesday, March 10th. The stock was sold at an average price of $82.61, for a total transaction of $301,526.50. Following the completion of the transaction, the senior vice president owned 44,007 shares of the company’s stock, valued at $3,635,418.27. This represents a 7.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Charles L. King sold 2,440 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $82.19, for a total value of $200,543.60. Following the transaction, the senior vice president directly owned 18,359 shares of the company’s stock, valued at $1,508,926.21. The trade was a 11.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 8,937 shares of company stock valued at $736,492 over the last quarter. 1.52% of the stock is currently owned by insiders.
Analyst Ratings Changes
Check Out Our Latest Analysis on Evergy
Evergy Stock Performance
NASDAQ EVRG opened at $83.94 on Monday. The stock has a market capitalization of $19.35 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.18 and a beta of 0.56. Evergy Inc. has a twelve month low of $64.70 and a twelve month high of $85.27. The company has a current ratio of 0.45, a quick ratio of 0.24 and a debt-to-equity ratio of 1.29. The stock has a 50-day moving average of $81.97 and a 200 day moving average of $78.58.
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, topping analysts’ consensus estimates of $0.63 by $0.06. Evergy had a return on equity of 9.09% and a net margin of 14.63%.The company 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 firm posted $0.54 EPS. Evergy’s quarterly revenue was up 5.0% compared to the same quarter last year. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. Sell-side analysts anticipate that Evergy Inc. will post 4.25 EPS for the current fiscal year.
Evergy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.695 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.3%. Evergy’s dividend payout ratio is presently 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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