Sandra Aj Lawrence Sells 200 Shares of Evergy (NASDAQ:EVRG) Stock

Evergy Inc. (NASDAQ:EVRG) Director Sandra Aj Lawrence sold 200 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $82.63, for a total value of $16,526.00. Following the completion of the transaction, the director owned 480 shares of the company’s stock, valued at $39,662.40. This trade represents a 29.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Tuesday, June 2nd, Sandra Aj Lawrence sold 600 shares of Evergy stock. The stock was sold at an average price of $81.41, for a total value of $48,846.00.
• On Friday, May 29th, Sandra Aj Lawrence sold 400 shares of Evergy stock. The stock was 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 stock was sold at an average price of $83.31, for a total value of $63,398.91.

Evergy Price Performance

Shares of EVRG opened at $83.27 on Friday. The business’s 50-day moving average is $82.25 and its two-hundred day moving average is $78.98. The company has a market capitalization of $19.19 billion, a P/E ratio of 22.09, a P/E/G ratio of 2.12 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 fifty-two week low of $64.80 and a fifty-two week high of $85.27.

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

Evergy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.695 per share. This represents a $2.78 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, May 22nd. Evergy’s dividend payout ratio (DPR) is currently 73.74%.

Institutional Investors Weigh In On Evergy

Several institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC boosted its holdings in Evergy by 0.8% in the 1st quarter. Kestra Advisory Services LLC now owns 15,829 shares of the company’s stock worth $1,297,000 after buying an additional 124 shares during the last quarter. Retirement Planning Group LLC boosted its holdings in Evergy by 0.6% in the 1st quarter. Retirement Planning Group LLC now owns 23,659 shares of the company’s stock worth $1,938,000 after buying an additional 137 shares during the last quarter. Earned Wealth Advisors LLC boosted its holdings in Evergy by 4.9% in the 1st quarter. Earned Wealth Advisors LLC now owns 2,946 shares of the company’s stock worth $241,000 after buying an additional 137 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Evergy by 0.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 24,981 shares of the company’s stock worth $1,826,000 after buying an additional 140 shares during the last quarter. Finally, Optiver Holding B.V. boosted its holdings in Evergy by 14.5% in the 1st quarter. Optiver Holding B.V. now owns 1,107 shares of the company’s stock worth $91,000 after buying an additional 140 shares during the last quarter. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EVRG has been the topic of several analyst reports. BTIG Research initiated coverage on Evergy in a research report on Thursday, April 9th. They set a “buy” rating and a $99.00 price target on the stock. Wall Street Zen upgraded Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. Weiss Ratings upgraded Evergy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. UBS Group raised their target price on Evergy from $88.00 to $91.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Mizuho set a $82.00 target price on Evergy in a research report on Monday, February 23rd. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $89.60.

About Evergy

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.