15,884 Shares in Evergy Inc. $EVRG Purchased by Fox Run Management L.L.C.

by · The Markets Daily

Fox Run Management L.L.C. acquired a new position in shares of Evergy Inc. (NASDAQ:EVRG – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,884 shares of the company’s stock, valued at approximately $1,151,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Harbor Capital Advisors Inc. acquired a new stake in shares of Evergy during the 4th quarter worth about $27,000. Accredited Wealth Management LLC increased its position in shares of Evergy by 1,310.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock worth $31,000 after purchasing an additional 380 shares during the last quarter. TOWER TRUST & INVESTMENT Co acquired a new stake in shares of Evergy during the 4th quarter worth about $42,000. Elyxium Wealth LLC acquired a new stake in shares of Evergy during the 4th quarter worth about $43,000. Finally, CoreCap Advisors LLC increased its position in shares of Evergy by 60.5% during the 4th quarter. CoreCap Advisors LLC now owns 613 shares of the company’s stock worth $44,000 after purchasing an additional 231 shares during the last quarter. 87.24% of the stock is owned by institutional investors and hedge funds.

Evergy Stock Performance

Shares of Evergy stock opened at $82.27 on Wednesday. The business has a 50-day moving average of $82.31 and a 200 day moving average of $79.08. Evergy Inc. has a 12 month low of $66.19 and a 12 month high of $85.27. The stock has a market capitalization of $18.96 billion, a price-to-earnings ratio of 21.82, a price-to-earnings-growth ratio of 2.12 and a beta of 0.54. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.45 and a quick ratio of 0.24.

Evergy (NASDAQ:EVRG – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06. Evergy had a return on equity of 9.09% and a net margin of 14.63%.The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the business posted $0.54 EPS. Evergy’s revenue for the quarter was up 5.0% on a year-over-year basis. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. As a group, sell-side analysts forecast that Evergy Inc. will post 4.25 earnings per share for the current year.

Evergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, May 22nd will be paid a $0.695 dividend. This represents a $2.78 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, May 22nd. Evergy’s dividend payout ratio (DPR) is presently 73.74%.

Analysts Set New Price Targets

EVRG has been the subject of a number of research analyst reports. Barclays raised their target price on Evergy from $82.00 to $89.00 and gave the company an “overweight” rating in a report on Monday, March 9th. Mizuho set a $82.00 target price on Evergy in a report on Monday, February 23rd. UBS Group raised their target price on Evergy from $88.00 to $91.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Wall Street Zen upgraded Evergy from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Finally, BTIG Research initiated coverage on Evergy in a report on Thursday, April 9th. They set a “buy” rating and a $99.00 target price for the company. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $89.60.

Check Out Our Latest Research Report on Evergy

Insider Activity

In other news, Director Sandra Aj Lawrence sold 761 shares of Evergy stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $83.31, for a total value of $63,398.91. Following the completion of the transaction, the director owned 1,680 shares in the company, valued at approximately $139,960.80. This trade represents a 31.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Charles L. King sold 2,440 shares of Evergy stock in a transaction dated 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 transaction, the senior vice president owned 18,359 shares of the company’s stock, valued at $1,508,926.21. The trade was a 11.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,401 shares of company stock valued at $362,131 in the last quarter. Company insiders own 1.52% of the company’s stock.

About Evergy

(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.

Featured Articles

Want to see what other hedge funds are holding EVRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Evergy Inc. (NASDAQ:EVRG – Free Report).