Janus Henderson Group PLC Acquires 7,477 Shares of Evergy Inc. $EVRG

Janus Henderson Group PLC boosted its holdings in shares of Evergy Inc. (NASDAQ:EVRG) by 60.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,832 shares of the company’s stock after purchasing an additional 7,477 shares during the period. Janus Henderson Group PLC’s holdings in Evergy were worth $1,624,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC raised its position in shares of Evergy by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 6,447,150 shares of the company’s stock worth $465,684,000 after acquiring an additional 105,842 shares in the last quarter. Franklin Resources Inc. grew its stake in Evergy by 0.6% in the fourth quarter. Franklin Resources Inc. now owns 6,091,518 shares of the company’s stock worth $441,574,000 after purchasing an additional 33,457 shares during the period. Federated Hermes Inc. grew its stake in Evergy by 1.6% in the fourth quarter. Federated Hermes Inc. now owns 3,760,548 shares of the company’s stock worth $272,602,000 after purchasing an additional 57,814 shares during the period. Northern Trust Corp raised its holdings in Evergy by 10.6% in the third quarter. Northern Trust Corp now owns 2,760,494 shares of the company’s stock worth $209,853,000 after purchasing an additional 263,619 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in Evergy by 28.4% in the fourth quarter. Truist Financial Corp now owns 1,847,410 shares of the company’s stock worth $133,919,000 after purchasing an additional 408,452 shares in the last quarter. Institutional investors own 87.24% of the company’s stock.

Evergy Stock Performance

Evergy stock opened at $83.38 on Monday. Evergy Inc. has a one year low of $70.42 and a one year high of $88.62. The business’s fifty day moving average is $84.60 and its 200 day moving average is $82.40. The stock has a market capitalization of $19.22 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 2.16 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 issued its earnings results on Thursday, August 6th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.07. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.36 billion. Evergy had a return on equity of 9.20% and a net margin of 15.19%.During the same quarter in the previous year, the firm earned $0.82 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. On average, sell-side analysts predict that Evergy Inc. will post 4.25 EPS for the current 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. This represents a $2.78 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, August 18th. Evergy’s payout ratio is presently 70.56%.

Insider Activity at Evergy

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

Analyst Ratings Changes

A number of brokerages have recently commented on EVRG. BTIG Research set a $97.00 target price on shares of Evergy in a report on Thursday, July 23rd. Barclays increased their price target on shares of Evergy from $89.00 to $94.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. Citigroup boosted their price objective on shares of Evergy from $95.00 to $97.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Weiss Ratings upgraded shares of Evergy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Finally, BMO Capital Markets lifted their target price on shares of Evergy from $88.00 to $92.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Evergy presently has a consensus rating of “Moderate Buy” and an average price target of $90.60.

Key Evergy News

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Q2 results exceeded expectations: Evergy reported adjusted earnings of $0.88 per share, above the $0.81–$0.82 analyst consensus, while revenue rose to approximately $1.50 billion versus estimates near $1.36 billion. Earnings also increased from $0.82 per share in the year-ago quarter, helped by gains at Kansas Central and Metro. Evergy’s Q2 Earnings Beat Estimates, Revenues Increase Y/Y
• Positive Sentiment: Long-term growth outlook improved: Management expects earnings-per-share growth of more than 8% beginning in 2028 and is pursuing another economic sharing agreement in 2026. The outlook supports the investment case for continued rate-base and earnings expansion. Evergy expects EPS growth above 8 percent from 2028
• Positive Sentiment: Dividend maintains income appeal: Evergy declared a quarterly dividend of $0.695 per share, payable September 18 to shareholders of record August 18. The annualized payout is approximately $2.78 per share, representing a yield of about 3.3% at the referenced share price.
• Neutral Sentiment: 2026 guidance was reaffirmed: Evergy maintained adjusted EPS guidance of $4.14–$4.34, compared with the analyst consensus of $4.25. This confirms management’s prior outlook but offers limited near-term upside beyond expectations. Evergy Posts Higher Q2 Earnings and Reaffirms Guidance

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.