Aldo Polak Sells 1,000 Shares of Evertec (NYSE:EVTC) Stock

Evertec, Inc. (NYSE:EVTC) Director Aldo Polak sold 1,000 shares of Evertec stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $29.50, for a total transaction of $29,500.00. Following the completion of the transaction, the director owned 17,943 shares in the company, valued at approximately $529,318.50. This represents a 5.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Evertec Price Performance

Shares of EVTC opened at $31.55 on Friday. Evertec, Inc. has a fifty-two week low of $21.81 and a fifty-two week high of $37.38. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 20.49, a price-to-earnings-growth ratio of 0.92 and a beta of 0.70. The firm has a 50-day simple moving average of $28.74 and a 200-day simple moving average of $27.82. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.70 and a current ratio of 1.70.

Evertec (NYSE:EVTC) last released its quarterly earnings results on Tuesday, August 4th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.10. The firm had revenue of $274.82 million for the quarter, compared to analyst estimates of $262.24 million. Evertec had a return on equity of 32.07% and a net margin of 9.80%.The business’s revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the company posted $0.89 earnings per share. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. On average, equities research analysts anticipate that Evertec, Inc. will post 3.48 earnings per share for the current year.

Evertec Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 3rd will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, August 3rd. Evertec’s dividend payout ratio (DPR) is 12.99%.

Institutional Investors Weigh In On Evertec

Institutional investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its position in Evertec by 189.7% during the 4th quarter. Hantz Financial Services Inc. now owns 1,072 shares of the business services provider’s stock worth $31,000 after purchasing an additional 702 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Evertec in the 4th quarter valued at approximately $31,000. Clearstead Advisors LLC lifted its holdings in shares of Evertec by 194.5% in the 4th quarter. Clearstead Advisors LLC now owns 1,240 shares of the business services provider’s stock valued at $36,000 after buying an additional 819 shares during the period. Allworth Financial LP purchased a new stake in shares of Evertec in the second quarter valued at approximately $38,000. Finally, Global Retirement Partners LLC boosted its stake in shares of Evertec by 53.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock valued at $43,000 after buying an additional 510 shares in the last quarter. Hedge funds and other institutional investors own 96.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on EVTC shares. Raymond James Financial restated an “outperform” rating and set a $34.00 price target on shares of Evertec in a research note on Thursday, May 7th. Morgan Stanley set a $34.00 price objective on shares of Evertec in a research report on Thursday, August 6th. Wall Street Zen raised shares of Evertec from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings cut shares of Evertec from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $35.00.

Evertec Company Profile

Evertec, Inc (NYSE: EVTC) is a leading full?service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross?border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point?of?sale network management, and fraud prevention solutions.