Key Points
- Evergy director Sandra Aj Lawrence sold shares in multiple transactions, including 600 shares on June 2 for $48,846, and recently sold additional stock on May 28, May 29, and June 3. After the June 2 sale, she still held 680 shares, and the transaction cut her ownership by 46.88%.
- Evergy reported solid first-quarter results, posting EPS of $0.69 versus estimates of $0.63 and revenue of $1.44 billion versus expectations of $1.27 billion. The utility also raised its FY2026 guidance to $4.14–$4.34 per share.
- The company continues to pay a sizable dividend, announcing a quarterly payout of $0.695 per share due June 18, which annualizes to $2.78 per share and a 3.4% yield. Analysts remain generally positive, with a consensus rating of “Moderate Buy” and a target price of $89.60.
Evergy Inc. (NASDAQ:EVRG - Get Free Report) Director Sandra Aj Lawrence sold 200 shares of the business's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $82.63, for a total transaction of $16,526.00. Following the transaction, the director owned 480 shares in the company, valued at $39,662.40. This represents a 29.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Sandra Aj Lawrence also recently made the following trade(s):
- On Tuesday, June 2nd, Sandra Aj Lawrence sold 600 shares of Evergy stock. The stock was sold at an average price of $81.41, for a total transaction of $48,846.00.
- On Friday, May 29th, Sandra Aj Lawrence sold 400 shares of Evergy stock. The stock was sold at an average price of $82.04, for a total transaction of $32,816.00.
- On Thursday, May 28th, Sandra Aj Lawrence sold 761 shares of Evergy stock. The stock was sold at an average price of $83.31, for a total transaction of $63,398.91.
Evergy Stock Up 1.0%
Evergy stock opened at $81.89 on Friday. Evergy Inc. has a fifty-two week low of $64.70 and a fifty-two week high of $85.27. The firm has a market capitalization of $18.88 billion, a PE ratio of 21.72, a P/E/G ratio of 2.10 and a beta of 0.54. The company's 50-day moving average is $82.19 and its 200-day moving average is $78.95. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24.
Evergy (NASDAQ:EVRG - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.06. Evergy had a net margin of 14.63% and a return on equity of 9.09%. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the business earned $0.54 EPS. Evergy's quarterly revenue was up 5.0% on a year-over-year basis. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. Sell-side analysts anticipate that Evergy Inc. will post 4.25 earnings per share for the current year.
Evergy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 22nd will be paid a $0.695 dividend. 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 dividend payout ratio is 73.74%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. MidFirst Bank acquired a new position in shares of Evergy during the 4th quarter worth approximately $25,000. Harbor Capital Advisors Inc. acquired a new position in shares of Evergy during the 4th quarter worth approximately $27,000. Accredited Wealth Management LLC grew its position in shares of Evergy by 1,310.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 409 shares of the company's stock worth $31,000 after purchasing an additional 380 shares in the last quarter. Prosperity Bancshares Inc acquired a new position in shares of Evergy during the 4th quarter worth approximately $32,000. Finally, Cedar Mountain Advisors LLC acquired a new position in shares of Evergy during the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 87.24% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages recently commented on EVRG. Wells Fargo & Company set a $87.00 price target on shares of Evergy in a research note on Tuesday, April 21st. Mizuho set a $82.00 price target on shares of Evergy in a research note on Monday, February 23rd. UBS Group upped their price target on shares of Evergy from $88.00 to $91.00 and gave the company a "neutral" rating in a research note on Friday, May 8th. Weiss Ratings upgraded shares of Evergy from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, May 11th. Finally, Bank of America decreased their price target on shares of Evergy from $89.00 to $88.00 and set a "buy" rating on the stock in a research note on Tuesday, April 14th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Evergy presently has an average rating of "Moderate Buy" and an average target price of $89.60.
Get Our Latest Report on EVRG
About Evergy
(
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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