Sandra Aj Lawrence Sells 400 Shares of Evergy (NASDAQ:EVRG) Stock

Evergy Inc. (NASDAQ:EVRGGet Free Report) Director Sandra Aj Lawrence sold 400 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $82.04, for a total value of $32,816.00. Following the completion of the sale, the director directly owned 1,280 shares of the company’s stock, valued at approximately $105,011.20. This represents a 23.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Sandra Aj Lawrence also recently made the following trade(s):

  • On Thursday, May 28th, Sandra Aj Lawrence sold 761 shares of Evergy stock. The stock was sold at an average price of $83.31, for a total value of $63,398.91.

Evergy Trading Up 1.2%

NASDAQ:EVRG opened at $81.35 on Wednesday. The stock has a market cap of $18.75 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 2.09 and a beta of 0.54. Evergy Inc. has a fifty-two week low of $64.70 and a fifty-two week high of $85.27. 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 stock’s 50-day moving average is $82.06 and its two-hundred day moving average is $78.85.

Evergy (NASDAQ:EVRGGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.06. The business 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%. The firm’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 earnings per share. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. As a group, equities research analysts forecast that Evergy Inc. will post 4.25 earnings per share for the current fiscal year.

Evergy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, May 22nd will be given a $0.695 dividend. The ex-dividend date is Friday, May 22nd. This represents a $2.78 dividend on an annualized basis and a yield of 3.4%. Evergy’s dividend payout ratio is presently 73.74%.

Wall Street Analysts Forecast Growth

EVRG has been the topic of several research analyst reports. Barclays boosted their price target on shares of Evergy from $82.00 to $89.00 and gave the company an “overweight” rating in a report on Monday, March 9th. Weiss Ratings raised Evergy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Wells Fargo & Company set a $87.00 target price on Evergy in a research note on Tuesday, April 21st. Wall Street Zen raised Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Bank of America cut their price target on Evergy from $89.00 to $88.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $89.60.

Read Our Latest Analysis on Evergy

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Brighton Jones LLC bought a new stake in Evergy in the fourth quarter worth $257,000. United Services Automobile Association bought a new position in Evergy during the first quarter valued at about $223,000. Empowered Funds LLC lifted its position in shares of Evergy by 19.5% in the first quarter. Empowered Funds LLC now owns 4,648 shares of the company’s stock worth $320,000 after buying an additional 758 shares during the last quarter. Woodline Partners LP lifted its position in shares of Evergy by 40.7% in the first quarter. Woodline Partners LP now owns 19,429 shares of the company’s stock worth $1,340,000 after buying an additional 5,618 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in shares of Evergy by 7.3% during the 1st quarter. Focus Partners Wealth now owns 13,791 shares of the company’s stock worth $951,000 after acquiring an additional 939 shares in the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.

Evergy Company Profile

(Get 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.

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