Natixis Advisors LLC Boosts Stock Position in Evergy Inc. $EVRG

Natixis Advisors LLC grew its holdings in shares of Evergy Inc. (NASDAQ:EVRG) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 327,499 shares of the company’s stock after purchasing an additional 7,989 shares during the period. Natixis Advisors LLC owned approximately 0.14% of Evergy worth $23,740,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EVRG. ANTIPODES PARTNERS Ltd acquired a new position in Evergy during the 3rd quarter worth approximately $72,860,000. Envestnet Asset Management Inc. increased 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 period. BROOKFIELD Corp ON acquired a new position in Evergy during the 2nd quarter worth approximately $29,644,000. Truist Financial Corp increased its position in Evergy by 28.4% during the 4th quarter. Truist Financial Corp now owns 1,847,410 shares of the company’s stock worth $133,919,000 after purchasing an additional 408,452 shares during the period. Finally, Cramer Rosenthal Mcglynn LLC acquired a new position in Evergy during the 3rd quarter worth approximately $28,358,000. Institutional investors and hedge funds own 87.24% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Wall Street Zen upgraded Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. Wells Fargo & Company set a $87.00 target price on Evergy in a research report on Tuesday, April 21st. Citigroup boosted their target price on Evergy from $89.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. BMO Capital Markets raised their price objective on Evergy from $82.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Finally, UBS Group raised their price objective on Evergy from $88.00 to $91.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Eight 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 has an average rating of “Moderate Buy” and a consensus price target of $89.60.

Evergy Stock Performance

NASDAQ EVRG opened at $83.27 on Friday. Evergy Inc. has a 1-year low of $64.80 and a 1-year high of $85.27. The company has a market capitalization of $19.19 billion, a P/E ratio of 22.09, a PEG ratio of 2.12 and a beta of 0.54. The business has a 50 day moving average price of $82.25 and a 200 day moving average price of $78.98. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24.

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

Evergy Dividend Announcement

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

Insider Buying and Selling at Evergy

In other Evergy news, SVP Heather A. Humphrey sold 3,650 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $82.61, for a total transaction of $301,526.50. Following the sale, the senior vice president owned 44,007 shares in the company, valued at approximately $3,635,418.27. This represents a 7.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Charles L. King sold 2,440 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $82.19, for a total value of $200,543.60. Following the sale, the senior vice president owned 18,359 shares in the company, valued at approximately $1,508,926.21. This trade represents a 11.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 8,051 shares of company stock worth $663,657. 1.52% of the stock is owned by insiders.

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.