Janus Henderson Group PLC increased its stake in shares of Evergy Inc. (NASDAQ:EVRG – Free Report) by 60.5% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 19,832 shares of the company’s stock after purchasing an additional 7,477 shares during the period. Janus Henderson Group PLC’s holdings in Evergy were worth $1,624,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. MidFirst Bank bought a new position in shares of Evergy in the fourth quarter valued at approximately $25,000. Prosperity Bancshares Inc bought a new stake in Evergy during the 4th quarter worth approximately $32,000. Triumph Capital Management grew its position in shares of Evergy by 104.8% during the 4th quarter. Triumph Capital Management now owns 508 shares of the company’s stock valued at $37,000 after purchasing an additional 260 shares in the last quarter. Transamerica Financial Advisors LLC grew its position in shares of Evergy by 163.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 529 shares of the company’s stock valued at $38,000 after purchasing an additional 328 shares in the last quarter. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Evergy in the first quarter worth $40,000. Institutional investors own 87.24% of the company’s stock.
Key Stories Impacting Evergy
Here are the key news stories impacting Evergy this week:
- Positive Sentiment: Q2 results exceeded expectations: Evergy reported adjusted earnings of $0.88 per share, above the $0.81–$0.82 analyst consensus, while revenue rose to approximately $1.50 billion versus estimates near $1.36 billion. Earnings also increased from $0.82 per share in the year-ago quarter, helped by gains at Kansas Central and Metro. Evergy’s Q2 Earnings Beat Estimates, Revenues Increase Y/Y
- Positive Sentiment: Long-term growth outlook improved: Management expects earnings-per-share growth of more than 8% beginning in 2028 and is pursuing another economic sharing agreement in 2026. The outlook supports the investment case for continued rate-base and earnings expansion. Evergy expects EPS growth above 8 percent from 2028
- Positive Sentiment: Dividend maintains income appeal: Evergy declared a quarterly dividend of $0.695 per share, payable September 18 to shareholders of record August 18. The annualized payout is approximately $2.78 per share, representing a yield of about 3.3% at the referenced share price.
- Neutral Sentiment: 2026 guidance was reaffirmed: Evergy maintained adjusted EPS guidance of $4.14–$4.34, compared with the analyst consensus of $4.25. This confirms management’s prior outlook but offers limited near-term upside beyond expectations. Evergy Posts Higher Q2 Earnings and Reaffirms Guidance
Insider Activity
Evergy Stock Performance
Shares of EVRG opened at $83.38 on Monday. Evergy Inc. has a fifty-two week low of $70.42 and a fifty-two week high of $88.62. The firm has a market cap of $19.22 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 2.16 and a beta of 0.54. The firm has a 50 day moving average price of $84.60 and a 200-day moving average price of $82.40. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.21 and a current ratio of 0.36.
Evergy (NASDAQ:EVRG – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.81 by $0.07. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.36 billion. Evergy had a net margin of 15.19% and a return on equity of 9.20%. During the same quarter last year, the firm earned $0.82 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. As a group, equities research analysts forecast that Evergy Inc. will post 4.25 earnings per share for the current year.
Evergy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.695 per share. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, August 18th. Evergy’s dividend payout ratio (DPR) is 70.56%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the company. Bank of America lowered their price objective on Evergy from $89.00 to $88.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Barclays upped their target price on Evergy from $89.00 to $94.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. UBS Group raised their price target on Evergy from $88.00 to $91.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Citigroup lifted their price target on Evergy from $95.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, BTIG Research set a $97.00 price objective on shares of Evergy in a research report on Thursday, July 23rd. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $90.60.
View Our Latest Stock Analysis on EVRG
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.
Featured Articles
- Five stocks we like better than Evergy
- Albemarle’s Blowout Quarter Shows Why Lithium Still Matters
- Can DICK’S Turn Foot Locker Into a Winner?
- Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue
- Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
Want to see what other hedge funds are holding EVRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Evergy Inc. (NASDAQ:EVRG – Free Report).
Receive News & Ratings for Evergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evergy and related companies with MarketBeat.com's FREE daily email newsletter.
