Evergy (NASDAQ:EVRG) Raised to “Hold” at Wall Street Zen

Evergy (NASDAQ:EVRG) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Other analysts have also recently issued reports about the company. Mizuho restated a “neutral” rating and issued a $76.00 target price (down from $86.00) on shares of Evergy in a report on Thursday, December 18th. Citigroup boosted their price target on shares of Evergy from $89.00 to $95.00 and gave the company a “buy” rating in a research report on Friday. UBS Group cut shares of Evergy from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $86.00 to $88.00 in a research report on Friday, February 13th. Wells Fargo & Company lifted their target price on shares of Evergy from $79.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, BMO Capital Markets boosted their target price on shares of Evergy from $79.00 to $82.00 and gave the company an “outperform” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $85.50.

Evergy Trading Up 0.9%

EVRG opened at $80.26 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.49 and a quick ratio of 0.27. The company’s 50 day simple moving average is $75.73 and its two-hundred day simple moving average is $75.09. Evergy has a 1-year low of $61.94 and a 1-year high of $83.19. The firm has a market capitalization of $18.48 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 3.18 and a beta of 0.66.

Evergy (NASDAQ:EVRG) last posted its quarterly earnings results on Saturday, January 31st. The company reported $0.42 earnings per share (EPS) for the quarter. Evergy had a return on equity of 8.79% and a net margin of 14.35%. Analysts expect that Evergy will post 3.83 EPS for the current fiscal year.

Institutional Investors Weigh In On Evergy

A number of institutional investors have recently made changes to their positions in the stock. Synergy Asset Management LLC boosted its position in shares of Evergy by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 148,940 shares of the company’s stock worth $11,322,000 after purchasing an additional 74,470 shares during the period. Caprock Group LLC acquired a new position in Evergy during the third quarter worth $1,482,000. Kingsview Wealth Management LLC acquired a new position in Evergy during the second quarter worth $246,000. iA Global Asset Management Inc. boosted its position in shares of Evergy by 207.0% during the third quarter. iA Global Asset Management Inc. now owns 22,624 shares of the company’s stock worth $1,720,000 after buying an additional 15,254 shares during the period. Finally, Davis Capital Management acquired a new stake in shares of Evergy in the third quarter valued at $1,379,000. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Evergy

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Evergy declared a quarterly dividend of $0.695 per share (annualized yield ~3.5%); record date is March 10 and payment March 20 — supports income investors and buy‑and‑hold demand. BusinessWire release
• Positive Sentiment: Wells Fargo raised its price target from $79 to $83 (maintaining an “equal weight” rating), signaling modest analyst support for upside vs. current levels. Benzinga
• Neutral Sentiment: Revenue beat year‑over‑year in Q4 even as EPS fell short — mixed operational signal: topline growth but margin/earnings pressure. Zacks: Revenues increase Y/Y
• Neutral Sentiment: Evergy unveiled a new five‑year capital spending plan (~$21.6 billion) to meet rising industrial/commercial demand — a long‑term growth push that implies higher near‑term capex and execution risk. Reuters
• Neutral Sentiment: Earnings materials and the full Q4 call transcript were posted (useful for detail on drivers and guidance execution). Earnings call transcript
• Neutral Sentiment: Short‑interest reports in the feed show zero/NaN changes — likely a data/reporting anomaly and not a meaningful short squeeze signal. (No actionable change evident.)
• Negative Sentiment: Q4 EPS missed consensus: $0.42 vs. $0.57 expected, a clear earnings shortfall that weighed on near‑term sentiment. Zacks: Lags Q4 estimates
• Negative Sentiment: FY‑2026 EPS guidance (range $4.14–$4.34) sits slightly below the Street consensus (~$4.28 midpoint), and Reuters flagged forecasts below estimates — a headwind for multiple near‑term valuation assumptions. Reuters

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.