Evergy (NASDAQ:EVRG) Director Sandra Aj Lawrence Sells 600 Shares

Evergy Inc. (NASDAQ:EVRG) Director Sandra Aj Lawrence sold 600 shares of Evergy stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $81.41, for a total value of $48,846.00. Following the sale, the director directly owned 680 shares in the company, valued at approximately $55,358.80. This trade represents a 46.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, June 3rd, Sandra Aj Lawrence sold 200 shares of Evergy stock. The shares were sold at an average price of $82.63, for a total value of $16,526.00.
• On Friday, May 29th, Sandra Aj Lawrence sold 400 shares of Evergy stock. The shares were sold at an average price of $82.04, for a total value of $32,816.00.
• On Thursday, May 28th, Sandra Aj Lawrence sold 761 shares of Evergy stock. The shares were sold at an average price of $83.31, for a total value of $63,398.91.

Evergy Stock Performance

Shares of EVRG traded up $0.82 during mid-day trading on Thursday, reaching $81.89. 2,197,646 shares of the company’s stock traded hands, compared to its average volume of 2,069,613. The business’s 50-day moving average price is $82.15 and its 200-day moving average price is $78.92. The stock has a market capitalization of $18.88 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 2.11 and a beta of 0.54. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.24 and a current ratio of 0.45. Evergy Inc. has a 12 month low of $64.70 and a 12 month high of $85.27.

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

Evergy Announces Dividend

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

Analyst Upgrades and Downgrades

EVRG has been the topic of a number of research analyst reports. Barclays raised their price objective on shares of Evergy from $82.00 to $89.00 and gave the company an “overweight” rating in a research note on Monday, March 9th. Mizuho set a $82.00 price objective on shares of Evergy in a research note on Monday, February 23rd. Wall Street Zen upgraded shares of Evergy from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. Citigroup raised their price objective on shares of Evergy from $89.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, BTIG Research initiated coverage on shares of Evergy in a research note on Thursday, April 9th. They set a “buy” rating and a $99.00 price objective on the stock. Eight equities research 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 currently has an average rating of “Moderate Buy” and a consensus target price of $89.60.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. MidFirst Bank acquired a new position in Evergy in the fourth quarter worth approximately $25,000. Harbor Capital Advisors Inc. acquired a new position in Evergy in the fourth quarter worth approximately $27,000. Accredited Wealth Management LLC grew its position in Evergy by 1,310.3% in the third quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock worth $31,000 after buying an additional 380 shares during the last quarter. Prosperity Bancshares Inc acquired a new position in Evergy in the fourth quarter worth approximately $32,000. Finally, Triumph Capital Management grew its position in Evergy by 104.8% in the fourth quarter. Triumph Capital Management now owns 508 shares of the company’s stock worth $37,000 after buying an additional 260 shares during the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.

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.