Key Points
- SVP Charles King sold 2,440 shares at an average price of $82.19 on March 12 for $200,543.60, cutting his stake by about 11.73% to 18,359 shares (SEC Form 4 filed).
- Evergy declared a quarterly dividend of $0.695 per share (annualized $2.78, ~3.4% yield), payable March 20 to shareholders of record on March 10 (ex-dividend March 10).
- Analysts have lifted targets and ratings—Citigroup raised its target to $95—and the stock carries a consensus "Moderate Buy" rating with an average target price of $87.75.
Evergy Inc. (NASDAQ:EVRG - Get Free Report) SVP Charles King sold 2,440 shares of the firm'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 of the company's stock, valued at approximately $1,508,926.21. This represents a 11.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Evergy Stock Up 1.1%
NASDAQ EVRG opened at $82.63 on Friday. Evergy Inc. has a 1-year low of $61.94 and a 1-year high of $85.23. The company has a market capitalization of $19.03 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 3.25 and a beta of 0.65. The stock's 50 day moving average is $78.70 and its two-hundred day moving average is $76.14. The company has a current ratio of 0.49, a quick ratio of 0.27 and a debt-to-equity ratio of 1.27.
Evergy (NASDAQ:EVRG - Get Free Report) last issued its 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%. Equities analysts forecast that Evergy Inc. will post 3.83 earnings per share for the current fiscal year.
Evergy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.695 per share. This represents a $2.78 annualized dividend and a yield of 3.4%. The ex-dividend date is Tuesday, March 10th. Evergy's dividend payout ratio is currently 75.75%.
Institutional Trading of Evergy
Several large investors have recently made changes to their positions in the business. MidFirst Bank bought a new position in shares of Evergy in the fourth quarter valued at about $25,000. Harbor Capital Advisors Inc. bought a new stake in Evergy during the 4th quarter worth about $27,000. Accredited Wealth Management LLC increased its position in Evergy by 1,310.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 409 shares of the company's stock valued at $31,000 after acquiring an additional 380 shares in the last quarter. Prosperity Bancshares Inc bought a new position in shares of Evergy in the fourth quarter worth about $32,000. Finally, AlphaCore Capital LLC bought a new position in shares of Evergy in the second quarter worth about $33,000. Institutional investors own 87.24% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Citigroup boosted their target price 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. Wells Fargo & Company increased their target price on shares of Evergy from $79.00 to $83.00 and gave the stock an "equal weight" rating in a research report on Friday, February 20th. Mizuho set a $82.00 price target on shares of Evergy in a report on Monday, February 23rd. Wall Street Zen raised shares of Evergy from a "sell" rating to a "hold" rating in a research note on Saturday, February 21st. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Evergy in a report on Monday, December 29th. One investment 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 company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $87.75.
Read Our Latest Analysis on EVRG
More Evergy News
Here are the key news stories impacting Evergy this week:
- Positive Sentiment: Analysts lifted targets and ratings — Barclays moved to "overweight" and raised its target to $89, Citigroup boosted its target to $95 and other firms nudged targets higher, supporting upside expectations for EVRG. MarketBeat EVRG coverage
- Positive Sentiment: Dividend confirmed: Evergy declared a $0.695 quarterly dividend (annualized $2.78; ~3.4% yield), paid March 20 to holders of record March 10 — steady income supports investor demand for the utility. Dividend / MarketBeat note
- Positive Sentiment: Momentum signal: EVRG met an 80-plus relative strength rating benchmark, indicating stronger price performance versus peers and likely attracting momentum/quant flows. Evergy meets 80-plus relative strength rating benchmark
- Neutral Sentiment: Zacks issued mixed estimate changes: they raised Q2 2026 slightly (to $0.87) but trimmed several near‑term and FY2026/FY2027 lines marginally (FY2026 from $4.27 to $4.22). These are small adjustments that modestly alter near‑term EPS visibility but don’t imply large strategy changes. Zacks / MarketBeat summary
- Neutral Sentiment: Institutional activity shows minor new/small stakes by several managers (small dollar buys disclosed); overall 87%+ of shares remain institutionally owned — little immediate impact but underscores steady institutional interest. MarketBeat institutional ownership
- Negative Sentiment: Insider selling: two senior VPs sold shares this week — Heather Humphrey sold 3,650 shares at ~$82.61 (SEC filing) and Charles L. King sold 2,440 shares at ~$82.19 — reductions of ~7.7% and ~11.7% in their holdings, respectively. Multiple insider sales can concern investors about near‑term insider conviction. InsiderTrades alert SEC Form 4 (King)
Evergy Company Profile
(
Get Free Report)
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.
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