10,446 Shares in Evergy Inc. $EVRG Acquired by Bleakley Financial Group LLC

Bleakley Financial Group LLC acquired a new position in shares of Evergy Inc. (NASDAQ:EVRG) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,446 shares of the company’s stock, valued at approximately $757,000.

Several other large investors have also recently modified their holdings of the company. Caprock Group LLC purchased a new stake in shares of Evergy in the 3rd quarter valued at $1,482,000. ANTIPODES PARTNERS Ltd purchased a new stake in shares of Evergy in the 3rd quarter valued at $72,860,000. Orion Porfolio Solutions LLC boosted its holdings in shares of Evergy by 32.5% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 83,233 shares of the company’s stock valued at $6,327,000 after acquiring an additional 20,395 shares during the last quarter. AlphaQuest LLC boosted its holdings in shares of Evergy by 137.7% in the 3rd quarter. AlphaQuest LLC now owns 26,359 shares of the company’s stock valued at $2,004,000 after acquiring an additional 15,268 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of Evergy by 9.9% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 209,307 shares of the company’s stock valued at $15,912,000 after acquiring an additional 18,783 shares during the last quarter. Institutional investors own 87.24% of the company’s stock.

Evergy Stock Performance

EVRG opened at $82.04 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.45 and a debt-to-equity ratio of 1.29. The company has a market cap of $18.91 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 2.15 and a beta of 0.56. Evergy Inc. has a 52-week low of $64.70 and a 52-week high of $85.27. The firm’s fifty day simple moving average is $82.08 and its two-hundred day simple moving average is $78.81.

Evergy (NASDAQ:EVRG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.06. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.27 billion. Evergy had a net margin of 14.63% and a return on equity of 9.09%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.54 earnings per share. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. Equities analysts anticipate that Evergy Inc. will post 4.25 earnings per share for the current fiscal year.

Evergy Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. BTIG Research assumed coverage on shares of Evergy in a report on Thursday, April 9th. They issued a “buy” rating and a $99.00 price objective on the stock. Weiss Ratings raised shares of Evergy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Wall Street Zen raised shares of Evergy from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. UBS Group upped their price objective on shares of Evergy from $88.00 to $91.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Wells Fargo & Company set a $87.00 price objective on shares of Evergy in a report on Tuesday, April 21st. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Evergy has a consensus rating of “Moderate Buy” and an average target price of $89.60.

Insider Transactions at Evergy

In other 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 completion of the sale, the senior vice president directly owned 44,007 shares in the company, valued at $3,635,418.27. This represents a 7.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 completion of the sale, the senior vice president owned 18,359 shares of the company’s stock, valued at $1,508,926.21. This trade represents a 11.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.52% of the stock is owned by corporate insiders.

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.