Howard Capital Management Inc. Has $4.12 Million Stock Position in Evergy, Inc. (NASDAQ:EVRG)

Howard Capital Management Inc. grew its stake in shares of Evergy, Inc. (NASDAQ:EVRG) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,858 shares of the company’s stock after purchasing an additional 724 shares during the quarter. Howard Capital Management Inc.’s holdings in Evergy were worth $4,115,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in EVRG. Pathway Financial Advisers LLC increased its position in shares of Evergy by 6,854.6% during the 3rd quarter. Pathway Financial Advisers LLC now owns 2,539,001 shares of the company’s stock worth $157,443,000 after purchasing an additional 2,502,493 shares during the last quarter. Mizuho Securities USA LLC boosted its stake in shares of Evergy by 7,234.3% during the 3rd quarter. Mizuho Securities USA LLC now owns 1,300,000 shares of the company’s stock worth $80,613,000 after acquiring an additional 1,282,275 shares during the period. FMR LLC boosted its stake in shares of Evergy by 131.4% during the 3rd quarter. FMR LLC now owns 2,004,414 shares of the company’s stock worth $124,294,000 after acquiring an additional 1,138,138 shares during the period. SG Americas Securities LLC boosted its stake in shares of Evergy by 15,406.4% during the 4th quarter. SG Americas Securities LLC now owns 921,546 shares of the company’s stock worth $56,721,000 after acquiring an additional 915,603 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Evergy by 42.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,135,011 shares of the company’s stock worth $132,392,000 after acquiring an additional 634,735 shares during the period. Institutional investors and hedge funds own 87.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Barclays reduced their target price on Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Guggenheim upgraded Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. LADENBURG THALM/SH SH upgraded Evergy from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $59.00 to $68.50 in a research note on Thursday, January 2nd. Finally, Mizuho started coverage on Evergy in a research note on Tuesday, October 29th. They issued an “outperform” rating and a $67.00 price target for the company. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Evergy has a consensus rating of “Moderate Buy” and a consensus price target of $65.36.

Evergy Stock Performance

EVRG opened at $68.06 on Friday. The business has a fifty day simple moving average of $63.24 and a 200 day simple moving average of $61.87. The company has a market capitalization of $15.65 billion, a PE ratio of 18.39, a price-to-earnings-growth ratio of 2.82 and a beta of 0.66. Evergy, Inc. has a 1 year low of $48.60 and a 1 year high of $68.38. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.55 and a quick ratio of 0.32.

Evergy Company Profile

Evergy, Inc, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities.