Pacer Advisors Inc. Has $2.20 Million Stock Position in Evergy Inc. $EVRG

Pacer Advisors Inc. cut its stake in Evergy Inc. (NASDAQ:EVRG) by 21.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,882 shares of the company’s stock after selling 7,195 shares during the period. Pacer Advisors Inc.’s holdings in Evergy were worth $2,202,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EVRG. Kestra Advisory Services LLC boosted its stake 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 purchasing an additional 124 shares in the last quarter. Retirement Planning Group LLC raised its stake in shares of Evergy by 0.6% in the first quarter. Retirement Planning Group LLC now owns 23,659 shares of the company’s stock worth $1,938,000 after purchasing an additional 137 shares during the last quarter. Earned Wealth Advisors LLC raised its position 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. Optiver Holding B.V. raised its holdings in shares of Evergy by 14.5% during the first quarter. Optiver Holding B.V. now owns 1,107 shares of the company’s stock valued at $91,000 after purchasing an additional 140 shares during the last quarter. Finally, Hilltop Holdings Inc. raised its stake in Evergy by 1.6% during the 4th quarter. Hilltop Holdings Inc. now owns 8,990 shares of the company’s stock valued at $652,000 after buying an additional 142 shares during the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.

Evergy Trading Up 0.4%

Shares of EVRG opened at $83.38 on Friday. The firm has a market cap of $19.22 billion, a P/E ratio of 21.16, a price-to-earnings-growth ratio of 2.15 and a beta of 0.54. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.36 and a quick ratio of 0.24. Evergy Inc. has a 1 year low of $70.42 and a 1 year high of $88.62. The company has a 50 day simple moving average of $84.60 and a two-hundred day simple moving average of $82.36.

Evergy (NASDAQ:EVRG) last released its earnings results on Thursday, August 6th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.81 by $0.07. Evergy had a net margin of 15.19% and a return on equity of 9.20%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the firm earned $0.82 earnings per share. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. On average, equities analysts expect that Evergy Inc. will post 4.25 earnings per share for the current fiscal year.

Evergy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, August 18th will be paid a $0.695 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $2.78 annualized dividend and a yield of 3.3%. Evergy’s payout ratio is presently 73.74%.

Insider Activity

In other news, EVP Charles A. Caisley sold 10,787 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $83.46, for a total transaction of $900,283.02. Following the completion of the transaction, the executive vice president owned 37,789 shares in the company, valued at $3,153,869.94. This trade represents a 22.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Sandra Aj Lawrence sold 761 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $83.31, for a total value of $63,398.91. Following the transaction, the director owned 1,680 shares of the company’s stock, valued at approximately $139,960.80. The trade was a 31.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,748 shares of company stock valued at $1,061,870 in the last three months. Insiders own 1.52% of the company’s stock.

Key Evergy News

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on EVRG shares. UBS Group increased their price objective on shares of Evergy from $88.00 to $91.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Citigroup lifted their price objective on Evergy from $95.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Bank of America cut their price objective on Evergy from $89.00 to $88.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. BTIG Research set a $97.00 target price on shares of Evergy in a research note on Thursday, July 23rd. Finally, BMO Capital Markets raised their target price on shares of Evergy from $88.00 to $92.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $90.60.

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.