The Manufacturers Life Insurance Company Makes New Investment in Evertec, Inc. $EVTC

07 Sep 2026, 04:41 by Jessica Moore · The Cerbat Gem

The Manufacturers Life Insurance Company bought a new stake in shares of Evertec, Inc. (NYSE:EVTC – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 23,812 shares of the business services provider’s stock, valued at approximately $661,000.

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Weiss Ratings raised shares of Evertec from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 25th. Morgan Stanley set a $34.00 target price on Evertec in a research note 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 investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $35.00.

Get Our Latest Stock Analysis on Evertec

Evertec Trading Up 0.3%

Evertec stock opened at $30.44 on Monday. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 19.77, a price-to-earnings-growth ratio of 0.86 and a beta of 0.69. Evertec, Inc. has a 1 year low of $21.81 and a 1 year high of $35.01. The firm’s 50 day moving average price is $29.99 and its two-hundred day moving average price is $28.02. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.70 and a current ratio of 1.70.

Evertec (NYSE:EVTC – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The business services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.10. The business had revenue of $274.82 million during the quarter, compared to analyst estimates of $262.24 million. Evertec had a return on equity of 32.07% and a net margin of 9.80%.The company’s revenue was up 19.7% compared to the same quarter last year. During the same period last year, the company posted $0.89 EPS. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. On average, research analysts predict that Evertec, Inc. will post 3.53 EPS for the current fiscal year.

Evertec Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.7%. Evertec’s dividend payout ratio is currently 12.99%.

Insider Buying and Selling at Evertec

In other news, EVP Paola Perez-Surillo sold 17,486 shares of Evertec stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $31.56, for a total value of $551,858.16. Following the transaction, the executive vice president directly owned 46,421 shares of the company’s stock, valued at $1,465,046.76. This trade represents a 27.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Aldo Polak sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $30.09, for a total transaction of $30,090.00. Following the sale, the director owned 15,943 shares in the company, valued at $479,724.87. This represents a 5.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 19,486 shares of company stock valued at $611,448. 1.13% of the stock is currently owned by corporate insiders.

Evertec Profile

(Free Report)

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.