95,220 Shares in Evergy Inc. $EVRG Acquired by Greenland Capital Management LP

Greenland Capital Management LP acquired a new position in shares of Evergy Inc. (NASDAQ:EVRG) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 95,220 shares of the company’s stock, valued at approximately $8,230,000. Evergy accounts for 1.0% of Greenland Capital Management LP’s investment portfolio, making the stock its 18th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Kestra Advisory Services LLC lifted its holdings in shares of Evergy by 0.8% in the 1st quarter. Kestra Advisory Services LLC now owns 15,829 shares of the company’s stock worth $1,297,000 after buying an additional 124 shares during the period. Trilogy Capital Inc. increased its stake in shares of Evergy by 0.3% during the second quarter. Trilogy Capital Inc. now owns 47,210 shares of the company’s stock valued at $4,080,000 after buying an additional 125 shares during the period. Retirement Planning Group LLC increased its stake in shares of Evergy by 0.6% during the first quarter. Retirement Planning Group LLC now owns 23,659 shares of the company’s stock valued at $1,938,000 after buying an additional 137 shares during the period. Earned Wealth Advisors LLC increased its stake in shares of Evergy by 4.9% during the first quarter. Earned Wealth Advisors LLC now owns 2,946 shares of the company’s stock valued at $241,000 after buying an additional 137 shares during the period. Finally, Optiver Holding B.V. raised its holdings in shares of Evergy by 14.5% in the first quarter. Optiver Holding B.V. now owns 1,107 shares of the company’s stock valued at $91,000 after acquiring an additional 140 shares in the last quarter. 87.24% of the stock is owned by institutional investors.

Insider Buying and Selling at Evergy

In other Evergy news, Director Sandra Aj Lawrence sold 761 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $83.31, for a total transaction of $63,398.91. Following the sale, the director owned 1,680 shares in the company, valued at approximately $139,960.80. The trade was a 31.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Charles A. Caisley sold 10,787 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $83.46, for a total value of $900,283.02. Following the completion of the sale, the executive vice president owned 37,789 shares in the company, valued at approximately $3,153,869.94. This represents a 22.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 12,748 shares of company stock worth $1,061,870. 1.52% of the stock is owned by insiders.

Evergy Price Performance

Shares of EVRG stock opened at $80.92 on Friday. Evergy Inc. has a 1-year low of $70.42 and a 1-year high of $88.62. The stock’s 50-day moving average is $84.77 and its 200 day moving average is $82.82. The company has a market cap of $18.66 billion, a P/E ratio of 20.54, a PEG ratio of 2.10 and a beta of 0.54. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.36 and a quick ratio of 0.21.

Evergy (NASDAQ:EVRG) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.81 by $0.07. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.36 billion. Evergy had a net margin of 15.19% and a return on equity of 9.20%. During the same quarter in the previous year, the business posted $0.82 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. Research analysts predict that Evergy Inc. will post 4.25 earnings per share for the current fiscal year.

Evergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.695 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.4%. Evergy’s payout ratio is 70.56%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on EVRG. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Evergy in a research note on Friday, August 7th. Citigroup raised their target price on shares of Evergy from $95.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, July 24th. UBS Group boosted their price target on shares of Evergy from $88.00 to $91.00 and gave the company a “neutral” rating in a report on Friday, May 8th. BMO Capital Markets upped their price target on shares of Evergy from $88.00 to $92.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Finally, BTIG Research set a $97.00 price objective on shares of Evergy in a research note on Thursday, July 23rd. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $90.60.

Evergy 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.