Evergy (NASDAQ:EVRG) SVP Sells $200,543.60 in Stock

Evergy Inc. (NASDAQ:EVRGGet Free Report) SVP Charles King sold 2,440 shares of Evergy stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $82.19, for a total value of $200,543.60. Following the completion of the sale, the senior vice president directly 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 accessible through the SEC website.

Evergy Stock Performance

Evergy stock opened at $82.63 on Monday. The stock has a fifty day moving average price of $78.70 and a 200 day moving average price of $76.20. Evergy Inc. has a 52 week low of $61.94 and a 52 week high of $85.23. The firm has a market capitalization of $19.03 billion, a P/E ratio of 22.52, a PEG ratio of 3.29 and a beta of 0.65. 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:EVRGGet Free Report) last issued its quarterly 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 research analysts anticipate that Evergy Inc. will post 3.83 earnings per share for the current year.

Evergy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, March 10th will be given a $0.695 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $2.78 annualized dividend and a dividend yield of 3.4%. Evergy’s dividend payout ratio (DPR) is currently 75.75%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on EVRG shares. Mizuho set a $82.00 price target on shares of Evergy in a research report on Monday, February 23rd. Barclays boosted their price objective on shares of Evergy from $82.00 to $89.00 and gave the company an “overweight” rating in a research note on Monday, March 9th. Royal Bank Of Canada restated an “outperform” rating and set a $91.00 price objective on shares of Evergy in a report on Friday, January 23rd. Wells Fargo & Company increased their target price on Evergy from $79.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. Finally, UBS Group cut Evergy from a “buy” rating to a “neutral” rating and lifted their target price for the company from $86.00 to $88.00 in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $87.75.

Get Our Latest Research Report on Evergy

Institutional Investors Weigh In On Evergy

Several institutional investors have recently bought and sold shares of EVRG. MidFirst Bank acquired a new position in shares of Evergy during the 4th quarter valued at $25,000. Harbor Capital Advisors Inc. purchased a new stake in Evergy during the 4th quarter worth $27,000. Accredited Wealth Management LLC increased its holdings 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 purchasing an additional 380 shares in the last quarter. Prosperity Bancshares Inc purchased a new position in Evergy in the fourth quarter valued at about $32,000. Finally, AlphaCore Capital LLC purchased a new position in Evergy in the second quarter valued at about $33,000. 87.24% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Evergy

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)

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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