Gotham Asset Management LLC Grows Stock Position in Evergy Inc. $EVRG

Gotham Asset Management LLC raised its position in Evergy Inc. (NASDAQ:EVRG) by 29.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 560,551 shares of the company’s stock after acquiring an additional 126,893 shares during the quarter. Gotham Asset Management LLC’s holdings in Evergy were worth $42,613,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in shares of Evergy in the fourth quarter valued at $257,000. United Services Automobile Association purchased a new stake in Evergy during the 1st quarter worth $223,000. Empowered Funds LLC increased its stake in Evergy by 19.5% during the 1st quarter. Empowered Funds LLC now owns 4,648 shares of the company’s stock worth $320,000 after buying an additional 758 shares during the period. Woodline Partners LP lifted its holdings in Evergy by 40.7% in the 1st quarter. Woodline Partners LP now owns 19,429 shares of the company’s stock worth $1,340,000 after buying an additional 5,618 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in Evergy by 7.3% in the 1st quarter. Focus Partners Wealth now owns 13,791 shares of the company’s stock worth $951,000 after buying an additional 939 shares in the last quarter. Hedge funds and other institutional investors own 87.24% of the company’s stock.

Key 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.
• 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 Price Performance

Shares of EVRG opened at $82.63 on Monday. Evergy Inc. has a 12 month low of $61.94 and a 12 month high of $85.23. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.49 and a quick ratio of 0.27. The stock has a fifty day moving average price of $78.70 and a 200 day moving average price of $76.20. The company has a market cap of $19.03 billion, a P/E ratio of 22.52, a PEG ratio of 3.29 and a beta of 0.65.

Evergy (NASDAQ:EVRG) last posted 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%. On average, research analysts forecast that Evergy Inc. will post 3.83 earnings per share for the current year.

Evergy Dividend Announcement

The company also recently disclosed 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 is Tuesday, March 10th. This represents a $2.78 annualized dividend and a yield of 3.4%. Evergy’s dividend payout ratio (DPR) is currently 75.75%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on EVRG shares. Mizuho set a $82.00 target price on Evergy in a research note on Monday, February 23rd. Barclays boosted their price target on Evergy from $82.00 to $89.00 and gave the stock an “overweight” rating in a research note on Monday, March 9th. Wells Fargo & Company increased their price target on Evergy from $79.00 to $83.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. UBS Group lowered Evergy from a “buy” rating to a “neutral” rating and raised their price objective for the company from $86.00 to $88.00 in a research note on Friday, February 13th. Finally, BMO Capital Markets lifted their price objective on Evergy from $82.00 to $87.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Evergy presently has a consensus rating of “Moderate Buy” and an average target price of $87.75.

Insider Buying and Selling at Evergy

In other Evergy news, Director Ann D. Murtlow sold 2,847 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $82.34, for a total transaction of $234,421.98. Following the completion of the transaction, the director directly owned 2,311 shares of the company’s stock, valued at $190,287.74. The trade was a 55.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Charles L. King sold 2,440 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $82.19, for a total transaction of $200,543.60. Following the completion of the sale, the senior vice president owned 18,359 shares in the company, valued at $1,508,926.21. The trade was a 11.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,937 shares of company stock valued at $736,492 in the last ninety days. Company insiders own 1.42% of the company’s stock.

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.