44 Wealth Management LLC Takes $498,000 Position in Evergy Inc. $EVRG

44 Wealth Management LLC bought a new position in shares of Evergy Inc. (NASDAQ:EVRG) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,552 shares of the company’s stock, valued at approximately $498,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Accredited Wealth Management LLC increased its position in shares of Evergy by 1,310.3% during the third quarter. Accredited Wealth Management LLC now owns 409 shares of the company’s stock worth $31,000 after acquiring an additional 380 shares during the period. AlphaCore Capital LLC acquired a new position in Evergy during the 2nd quarter worth $33,000. Sentry Investment Management LLC purchased a new stake in Evergy during the 3rd quarter worth about $41,000. Root Financial Partners LLC acquired a new stake in Evergy in the 3rd quarter valued at about $44,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Evergy in the 2nd quarter valued at about $42,000. 87.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. 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. Mizuho set a $82.00 target price on shares of Evergy in a report on Monday, February 23rd. Wells Fargo & Company lifted their price target on shares of Evergy from $79.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Friday, February 20th. Wall Street Zen raised shares of Evergy from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $91.00 price objective on shares of Evergy in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.75.

Insider Buying and Selling at Evergy

In other news, SVP Heather A. Humphrey sold 3,650 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $82.61, for a total value of $301,526.50. Following the completion of the sale, the senior vice president directly owned 44,007 shares of the company’s stock, valued at approximately $3,635,418.27. The trade was a 7.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ann D. Murtlow sold 2,847 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $82.34, for a total value of $234,421.98. Following the completion of the sale, the director directly owned 2,311 shares of the company’s stock, valued at approximately $190,287.74. This trade represents a 55.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 8,937 shares of company stock worth $736,492 over the last 90 days. Corporate insiders own 1.42% of the company’s stock.

Key Headlines Impacting 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)

Evergy Stock Performance

Shares of EVRG opened at $82.63 on Monday. The company has a market capitalization of $19.03 billion, a price-to-earnings ratio of 22.52, a price-to-earnings-growth ratio of 3.29 and a beta of 0.65. Evergy Inc. has a 52-week low of $61.94 and a 52-week high of $85.23. The company has a quick ratio of 0.27, a current ratio of 0.49 and a debt-to-equity ratio of 1.27. The stock has a 50 day moving average price of $78.70 and a 200 day moving average price of $76.20.

Evergy (NASDAQ:EVRG) last released its quarterly earnings data on Saturday, January 31st. The company reported $0.42 earnings per share for the quarter. Evergy had a net margin of 14.35% and a return on equity of 8.79%. Research analysts predict that Evergy Inc. will post 3.83 EPS for the current fiscal year.

Evergy Announces Dividend

The business also recently declared 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 of this dividend is Tuesday, March 10th. This represents a $2.78 dividend on an annualized basis and a yield of 3.4%. Evergy’s payout ratio is 75.75%.

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.