Evergy Inc. $EVRG Shares Sold by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC decreased its holdings in shares of Evergy Inc. (NASDAQ:EVRG) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 85,061 shares of the company’s stock after selling 6,530 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Evergy were worth $6,166,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. acquired a new stake in Evergy during the fourth quarter worth about $27,000. Accredited Wealth Management LLC raised its stake in Evergy by 1,310.3% during the third quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock worth $31,000 after acquiring an additional 380 shares during the period. Sentry Investment Management LLC acquired a new stake in Evergy during the third quarter worth about $41,000. TOWER TRUST & INVESTMENT Co acquired a new stake in Evergy during the fourth quarter worth about $42,000. Finally, Elyxium Wealth LLC acquired a new stake in Evergy during the fourth quarter worth about $43,000. Institutional investors and hedge funds own 87.24% of the company’s stock.

Insider Buying and Selling

In related news, SVP Heather A. Humphrey sold 3,650 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total value of $301,526.50. Following the completion of the transaction, the senior vice president owned 44,007 shares of the company’s stock, valued at approximately $3,635,418.27. This trade represents a 7.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Charles L. King sold 2,440 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $82.19, for a total transaction of $200,543.60. Following the completion of the transaction, the senior vice president directly owned 18,359 shares of the company’s stock, valued at $1,508,926.21. This represents a 11.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 8,937 shares of company stock worth $736,492. Corporate insiders own 1.52% of the company’s stock.

Evergy Stock Performance

Shares of NASDAQ:EVRG opened at $83.94 on Monday. The stock has a market capitalization of $19.35 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.18 and a beta of 0.56. Evergy Inc. has a 1-year low of $64.70 and a 1-year high of $85.27. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.24 and a current ratio of 0.45. The company has a 50 day moving average price of $81.97 and a 200 day moving average price of $78.58.

Evergy (NASDAQ:EVRG) last issued its earnings results on Thursday, May 7th. The company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.06. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Evergy had a net margin of 14.63% and a return on equity of 9.09%. 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 firm posted $0.54 earnings per share. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. On average, research analysts anticipate that Evergy Inc. will post 4.25 EPS for the current fiscal year.

Evergy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors 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 (DPR) is presently 73.74%.

Analyst Upgrades and Downgrades

Several brokerages have commented on EVRG. BTIG Research began coverage on shares of Evergy in a research note on Thursday, April 9th. They issued a “buy” rating and a $99.00 price target on the stock. Mizuho set a $82.00 price target on shares of Evergy in a research note on Monday, February 23rd. BMO Capital Markets raised their price target on shares of Evergy from $82.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Barclays raised their price target on shares of Evergy from $82.00 to $89.00 and gave the company an “overweight” rating in a research note on Monday, March 9th. Finally, Citigroup raised their price target on shares of Evergy from $89.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.60.

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.