Illinois Municipal Retirement Fund Buys 84,669 Shares of Evergy Inc. $EVRG

Posted by Francis Steltz on Nov 12th, 2026

Illinois Municipal Retirement Fund raised its position in shares of Evergy Inc. (NASDAQ:EVRG – Free Report) by 73.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 199,846 shares of the company’s stock after acquiring an additional 84,669 shares during the quarter. Illinois Municipal Retirement Fund owned approximately 0.09% of Evergy worth $15,676,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Provenance Wealth Advisors LLC purchased a new position in shares of Evergy in the 3rd quarter valued at approximately $29,000. MidFirst Bank bought a new stake in shares of Evergy during the second quarter valued at approximately $30,000. Knuff & Co LLC bought a new stake in shares of Evergy during the second quarter valued at approximately $30,000. Burk Holdings LLC bought a new stake in shares of Evergy during the second quarter valued at approximately $31,000. Finally, Balance Wealth Partners LLC bought a new stake in shares of Evergy during the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 87.24% of the company’s stock.

Insider Buying and Selling

In related news, Director Jonathan Rolph bought 1,640 shares of the company’s stock in a transaction on Friday, September 11th. The shares were acquired at an average cost of $81.47 per share, with a total value of $133,610.80. Following the completion of the acquisition, the director owned 670 shares of the company’s stock, valued at $54,584.90. The trade was a -169.07% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.52% of the company’s stock.

Evergy Stock Performance

Shares of EVRG opened at $88.34 on Thursday. The company has a quick ratio of 0.31, a current ratio of 0.49 and a debt-to-equity ratio of 1.22. The business’s 50 day moving average price is $82.23 and its 200-day moving average price is $82.44. Evergy Inc. has a 52 week low of $71.40 and a 52 week high of $89.66. The stock has a market cap of $20.37 billion, a P/E ratio of 19.63, a P/E/G ratio of 2.21 and a beta of 0.49.

Evergy (NASDAQ:EVRG – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.33 by $0.25. Evergy had a return on equity of 10.33% and a net margin of 16.67%. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the prior year, the business posted $2.03 EPS. Equities research analysts anticipate that Evergy Inc. will post 4.41 earnings per share for the current fiscal year.

Evergy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, November 20th will be issued a $0.7225 dividend. This represents a $2.89 annualized dividend and a yield of 3.3%. This is a positive change from Evergy’s previous quarterly dividend of $0.6950. The ex-dividend date of this dividend is Friday, November 20th. Evergy’s dividend payout ratio is presently 64.22%.

Analyst Ratings Changes

Several brokerages recently weighed in on EVRG. Truist Financial began coverage on Evergy in a research note on Tuesday, October 27th. They issued a “buy” rating and a $97.00 price target on the stock. Mizuho set a $91.00 price objective on Evergy in a research report on Monday. Wall Street Zen cut shares of Evergy from a “hold” rating to a “sell” rating in a report on Saturday, November 7th. Citigroup boosted their target price on shares of Evergy from $95.00 to $97.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, BTIG Research set a $94.00 target price on shares of Evergy in a research report on Tuesday, October 20th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Evergy currently has a consensus rating of “Moderate Buy” and an average target price of $90.69.

Check Out Our Latest Analysis on EVRG

About Evergy

(Free Report)

Evergy, Inc. is an investor-owned electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers in Kansas and Missouri. Its operations include power plants and the infrastructure needed to deliver electricity across its service territory. The company was formed in 2018 through the merger of Westar Energy and Great Plains Energy, the parent company of Kansas City Power & Light. Evergy is headquartered in Kansas City, Missouri, and serves communities across the two states.