Evergy Inc. $EVRG Shares Bought by Integrity Alliance LLC.

Integrity Alliance LLC. boosted its position in shares of Evergy Inc. (NASDAQ:EVRG) by 214.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,163 shares of the company’s stock after buying an additional 11,707 shares during the quarter. Integrity Alliance LLC.’s holdings in Evergy were worth $1,244,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its position in Evergy by 4.3% during the third quarter. Franklin Resources Inc. now owns 6,058,061 shares of the company’s stock valued at $460,534,000 after buying an additional 251,027 shares during the period. Northern Trust Corp lifted its holdings in Evergy by 10.6% during the third quarter. Northern Trust Corp now owns 2,760,494 shares of the company’s stock valued at $209,853,000 after purchasing an additional 263,619 shares in the last quarter. Magellan Asset Management Ltd lifted its holdings in Evergy by 3.4% during the third quarter. Magellan Asset Management Ltd now owns 2,444,381 shares of the company’s stock valued at $185,822,000 after purchasing an additional 79,888 shares in the last quarter. Truist Financial Corp lifted its holdings in Evergy by 28.4% during the fourth quarter. Truist Financial Corp now owns 1,847,410 shares of the company’s stock valued at $133,919,000 after purchasing an additional 408,452 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Evergy by 0.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,328,368 shares of the company’s stock valued at $100,972,000 after purchasing an additional 4,144 shares in the last quarter. Institutional investors and hedge funds own 87.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on EVRG shares. Weiss Ratings raised shares of Evergy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Wells Fargo & Company set a $87.00 price objective on shares of Evergy in a report on Tuesday, April 21st. BMO Capital Markets increased their price objective on shares of Evergy from $82.00 to $87.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. BTIG Research started coverage on shares of Evergy in a report on Thursday, April 9th. They set a “buy” rating and a $99.00 price objective on the stock. Finally, UBS Group increased their price objective on shares of Evergy from $88.00 to $91.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $89.60.

Insider Transactions at Evergy

In related news, SVP Heather A. Humphrey sold 3,650 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $82.61, for a total transaction of $301,526.50. Following the transaction, the senior vice president directly owned 44,007 shares in the company, valued at approximately $3,635,418.27. The trade was a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Charles L. King sold 2,440 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $82.19, for a total transaction of $200,543.60. Following the transaction, the senior vice president owned 18,359 shares in the company, valued at $1,508,926.21. The trade was a 11.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.52% of the company’s stock.

Evergy Stock Performance

EVRG opened at $82.85 on Friday. The firm has a market capitalization of $19.10 billion, a PE ratio of 21.98, a PEG ratio of 2.18 and a beta of 0.56. Evergy Inc. has a twelve month low of $64.70 and a twelve month high of $85.27. The firm’s 50-day moving average price is $82.07 and its 200 day moving average price is $78.79. The company has a current ratio of 0.45, a quick ratio of 0.24 and a debt-to-equity ratio of 1.29.

Evergy (NASDAQ:EVRG) last posted its quarterly 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 for the quarter, compared to analyst estimates of $1.27 billion. Evergy had a net margin of 14.63% and a return on equity of 9.09%. Evergy’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.54 earnings per share. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. As a group, sell-side analysts expect that Evergy Inc. will post 4.25 EPS for the current fiscal year.

Evergy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 22nd will be given 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 3.4%. Evergy’s payout ratio is presently 73.74%.

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.