Evergy (NASDAQ:EVRG) SVP Charles King Sells 2,440 Shares of Stock

Evergy Inc. (NASDAQ:EVRG) SVP Charles King sold 2,440 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $82.19, for a total value of $200,543.60. Following the sale, the senior vice president owned 18,359 shares of the company’s stock, valued at approximately $1,508,926.21. This trade represents a 11.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Evergy Stock Up 1.1%

Shares of EVRG stock opened at $82.63 on Friday. The stock’s 50 day simple moving average is $78.70 and its 200 day simple moving average is $76.14. Evergy Inc. has a twelve month low of $61.94 and a twelve month high of $85.23. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.27 and a current ratio of 0.49. The company has a market capitalization of $19.03 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 3.25 and a beta of 0.65.

Evergy (NASDAQ:EVRG) last announced 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%. As a group, research analysts predict that Evergy Inc. will post 3.83 EPS 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 issued a dividend of $0.695 per share. This represents a $2.78 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 10th. Evergy’s dividend payout ratio is currently 75.75%.

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.
• 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)

Institutional Trading of Evergy

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA lifted its position in Evergy by 346.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,046,787 shares of the company’s stock worth $155,597,000 after purchasing an additional 1,588,100 shares during the period. Assenagon Asset Management S.A. increased its holdings in Evergy by 969.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,329,424 shares of the company’s stock valued at $101,063,000 after buying an additional 1,205,101 shares during the period. Adage Capital Partners GP L.L.C. raised its stake in shares of Evergy by 476.6% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,207,882 shares of the company’s stock valued at $87,559,000 after buying an additional 998,400 shares in the last quarter. ANTIPODES PARTNERS Ltd bought a new position in shares of Evergy during the 3rd quarter worth about $72,860,000. Finally, Truist Financial Corp boosted its position in shares of Evergy by 169.2% during the 3rd quarter. Truist Financial Corp now owns 1,438,958 shares of the company’s stock valued at $109,390,000 after acquiring an additional 904,400 shares in the last quarter. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EVRG has been the subject of a number of research analyst reports. Royal Bank Of Canada reissued an “outperform” rating and set a $91.00 target price on shares of Evergy in a research report on Friday, January 23rd. BMO Capital Markets boosted their price objective on Evergy from $82.00 to $87.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Evergy in a research note on Monday, December 29th. Citigroup raised their target price on Evergy from $89.00 to $95.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Wells Fargo & Company lifted their price target on Evergy from $79.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $87.75.

About Evergy

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.