Paola Perez-Surillo Sells 17,486 Shares of Evertec (NYSE:EVTC) Stock

Evertec, Inc. (NYSE:EVTC) EVP Paola Perez-Surillo sold 17,486 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $31.56, for a total transaction of $551,858.16. Following the completion of the sale, the executive vice president directly owned 46,421 shares of the company’s stock, valued at $1,465,046.76. This represents a 27.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Evertec Stock Down 1.3%

EVTC stock opened at $31.55 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.89. Evertec, Inc. has a 1 year low of $21.81 and a 1 year high of $37.38. The company has a fifty day simple moving average of $28.74 and a 200 day simple moving average of $27.82. The firm has a market cap of $1.89 billion, a PE ratio of 20.49, a PEG ratio of 0.91 and a beta of 0.70.

Evertec (NYSE:EVTC) last posted its earnings results on Tuesday, August 4th. The business services provider reported $1.05 EPS for the quarter, topping the consensus estimate of $0.95 by $0.10. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The firm had revenue of $274.82 million for the quarter, compared to the consensus estimate of $262.24 million. During the same period in the prior year, the business posted $0.89 earnings per share. The business’s quarterly revenue was up 19.7% on a year-over-year basis. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. Sell-side analysts anticipate that Evertec, Inc. will post 3.53 EPS for the current fiscal year.

Evertec Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 3rd will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, August 3rd. Evertec’s dividend payout ratio (DPR) is 12.99%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on EVTC. Raymond James Financial restated an “outperform” rating and set a $34.00 price target on shares of Evertec in a report on Thursday, May 7th. Weiss Ratings lowered Evertec from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday. Morgan Stanley set a $34.00 price objective on Evertec in a research report on Thursday, August 6th. Finally, Wall Street Zen upgraded shares of Evertec from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $35.00.

Institutional Investors Weigh In On Evertec

Several large investors have recently modified their holdings of the stock. Hantz Financial Services Inc. lifted its position in shares of Evertec by 189.7% during the 4th quarter. Hantz Financial Services Inc. now owns 1,072 shares of the business services provider’s stock worth $31,000 after buying an additional 702 shares during the period. Kestra Advisory Services LLC bought a new stake in Evertec in the fourth quarter valued at $31,000. Clearstead Advisors LLC grew its position in Evertec by 194.5% in the fourth quarter. Clearstead Advisors LLC now owns 1,240 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 819 shares during the period. Allworth Financial LP acquired a new position in Evertec during the second quarter worth $38,000. Finally, Global Retirement Partners LLC raised its stake in Evertec by 53.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock worth $43,000 after acquiring an additional 510 shares in the last quarter. 96.80% of the stock is currently owned by institutional investors.

Evertec Company Profile

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.