127,955 Shares in Evergy Inc. $EVRG Acquired by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC acquired a new stake in Evergy Inc. (NASDAQ:EVRG) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 127,955 shares of the company’s stock, valued at approximately $11,058,000. Bryn Mawr Trust Advisors LLC owned 0.06% of Evergy at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EVRG. MidFirst Bank acquired a new position in shares of Evergy in the 4th quarter valued at $25,000. Prosperity Bancshares Inc acquired a new stake in shares of Evergy during the fourth quarter worth $32,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Evergy during the first quarter worth $40,000. Triumph Capital Management increased its holdings in Evergy by 104.8% in the fourth quarter. Triumph Capital Management now owns 508 shares of the company’s stock valued at $37,000 after purchasing an additional 260 shares during the last quarter. Finally, Transamerica Financial Advisors LLC increased its holdings in Evergy by 163.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 529 shares of the company’s stock valued at $38,000 after purchasing an additional 328 shares during the last quarter. 87.24% of the stock is owned by institutional investors.

Insider Activity at Evergy

In related news, Director Sandra Aj Lawrence sold 761 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $83.31, for a total value of $63,398.91. Following the completion of the transaction, the director directly owned 1,680 shares in the company, valued at approximately $139,960.80. The trade was a 31.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Charles A. Caisley sold 10,787 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $83.46, for a total value of $900,283.02. Following the sale, the executive vice president directly owned 37,789 shares of the company’s stock, valued at approximately $3,153,869.94. The trade was a 22.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 12,748 shares of company stock valued at $1,061,870 over the last quarter. 1.52% of the stock is owned by insiders.

Evergy Price Performance

EVRG opened at $84.03 on Friday. The stock has a market cap of $19.37 billion, a P/E ratio of 21.33, a P/E/G ratio of 2.17 and a beta of 0.54. Evergy Inc. has a 12 month low of $70.42 and a 12 month high of $88.62. The company has a quick ratio of 0.21, a current ratio of 0.36 and a debt-to-equity ratio of 1.20. The company has a fifty day simple moving average of $84.74 and a 200 day simple moving average of $82.60.

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

Evergy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.695 per share. This represents a $2.78 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, August 18th. Evergy’s payout ratio is 70.56%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on EVRG shares. Citigroup raised their target price on Evergy from $95.00 to $97.00 and gave the stock a “buy” rating in a report on Friday, July 24th. UBS Group upped their price target on Evergy from $88.00 to $91.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Wells Fargo & Company set a $87.00 price target on shares of Evergy in a research report on Tuesday, April 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Evergy in a research note on Friday, August 7th. Finally, BMO Capital Markets boosted their price objective on shares of Evergy from $88.00 to $92.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.60.

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.