7,530 Shares in Evergy Inc. $EVRG Bought by MQS Management LLC

MQS Management LLC bought a new position in shares of Evergy Inc. (NASDAQ:EVRG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,530 shares of the company’s stock, valued at approximately $546,000.

Several other large investors have also bought and sold shares of EVRG. ANTIPODES PARTNERS Ltd bought a new position in Evergy during the 3rd quarter worth $72,860,000. Truist Financial Corp raised its position in Evergy by 169.2% during the 3rd quarter. Truist Financial Corp now owns 1,438,958 shares of the company’s stock worth $109,390,000 after purchasing an additional 904,400 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Evergy by 136.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,003,616 shares of the company’s stock worth $76,295,000 after purchasing an additional 579,531 shares during the last quarter. BROOKFIELD Corp ON bought a new position in Evergy during the 2nd quarter worth $29,644,000. Finally, Cramer Rosenthal Mcglynn LLC bought a new position in Evergy during the 3rd quarter worth $28,358,000. 87.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Wall Street Zen raised Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. Weiss Ratings raised Evergy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Mizuho set a $82.00 price objective on Evergy in a research report on Monday, February 23rd. Wells Fargo & Company set a $87.00 price objective on Evergy in a research report on Tuesday, April 21st. Finally, Bank of America lowered their price objective on Evergy from $89.00 to $88.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $89.60.

Evergy Stock Performance

Shares of EVRG opened at $83.94 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24. The stock has a 50-day moving average of $81.97 and a 200-day moving average of $78.57. The company has a market cap of $19.35 billion, a PE ratio of 22.27, a P/E/G ratio of 2.17 and a beta of 0.56. Evergy Inc. has a one year low of $64.70 and a one year high of $85.27.

Evergy (NASDAQ:EVRG) last issued its earnings results on Thursday, May 7th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.63 by $0.06. The company had revenue of $1.44 billion during 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 business posted $0.54 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. On average, equities research analysts predict that Evergy Inc. will post 4.25 EPS for the current fiscal year.

Evergy Announces Dividend

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 paid a dividend of $0.695 per share. The ex-dividend date is Friday, May 22nd. This represents a $2.78 dividend on an annualized basis and a yield of 3.3%. Evergy’s payout ratio is 73.74%.

Insider Buying and Selling at Evergy

In other Evergy news, SVP Heather A. Humphrey sold 3,650 shares of Evergy stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $82.61, for a total transaction of $301,526.50. Following the completion of the transaction, the senior vice president owned 44,007 shares in the company, valued at approximately $3,635,418.27. The trade was a 7.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ann D. Murtlow sold 2,847 shares of Evergy stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $82.34, for a total value of $234,421.98. Following the transaction, the director owned 2,311 shares of the company’s stock, valued at $190,287.74. This trade represents a 55.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 8,937 shares of company stock worth $736,492. Insiders own 1.52% 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.