First Trust Advisors LP Has $1.25 Million Stake in Evertec, Inc. $EVTC

Key Points

• First Trust Advisors LP cut its Evertec stake by 44.3% in the first quarter, selling 35,407 shares and retaining 44,442 shares valued at approximately $1.25 million. Institutional investors collectively own 96.8% of the company.
• Evertec reported quarterly EPS of $1.05, exceeding estimates of $0.95, while revenue rose 19.7% year over year to $274.82 million. The company issued fiscal 2026 EPS guidance of $3.94–$4.04.
• Analysts maintain a generally neutral outlook, with Evertec carrying a consensus “Hold” rating and a $35 target price versus its recent share price near $29.87. The company also declared a quarterly dividend of $0.05 per share.

First Trust Advisors LP lessened its position in shares of Evertec, Inc. (NYSE:EVTC - Free Report) by 44.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,442 shares of the business services provider's stock after selling 35,407 shares during the quarter. First Trust Advisors LP owned about 0.07% of Evertec worth $1,254,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Hantz Financial Services Inc. increased its position 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 valued at $31,000 after buying an additional 702 shares in the last quarter. Kestra Advisory Services LLC bought a new position in Evertec during the fourth quarter worth about $31,000. Clearstead Advisors LLC lifted its holdings in Evertec by 194.5% during the fourth quarter. Clearstead Advisors LLC now owns 1,240 shares of the business services provider's stock worth $36,000 after acquiring an additional 819 shares in the last quarter. Richardson Financial Services Inc. grew its stake in Evertec by 73.7% in the fourth quarter. Richardson Financial Services Inc. now owns 1,325 shares of the business services provider's stock valued at $39,000 after acquiring an additional 562 shares during the period. Finally, Global Retirement Partners LLC grew 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 acquiring an additional 510 shares during the period. Institutional investors and hedge funds own 96.80% of the company's stock.

Evertec Trading Up 0.1%

Shares of NYSE:EVTC opened at $29.87 on Monday. Evertec, Inc. has a 52-week low of $21.81 and a 52-week high of $37.71. The company has a market capitalization of $1.78 billion, a P/E ratio of 19.40, a price-to-earnings-growth ratio of 1.01 and a beta of 0.70. The company has a 50-day simple moving average of $28.02 and a 200 day simple moving average of $27.77. 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 posted its earnings results on Tuesday, August 4th. The business services provider reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.10. Evertec had a return on equity of 32.07% and a net margin of 9.80%.The business had revenue of $274.82 million for the quarter, compared to analyst estimates of $262.24 million. During the same period in the previous year, the firm earned $0.89 EPS. The firm's revenue was up 19.7% compared to the same quarter last year. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. Sell-side analysts forecast that Evertec, Inc. will post 3.34 earnings per share for the current year.

Evertec Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 3rd will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, August 3rd. Evertec's payout ratio is currently 12.99%.

Wall Street Analyst Weigh In

EVTC has been the subject of a number of research reports. Morgan Stanley set a $34.00 target price on Evertec in a research note on Thursday. Wall Street Zen raised shares of Evertec from a "hold" rating to a "buy" rating in a research report on Saturday. Weiss Ratings raised shares of Evertec from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, July 28th. Finally, Raymond James Financial reaffirmed an "outperform" rating and issued a $34.00 target price on shares of Evertec in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Evertec presently has an average rating of "Hold" and a consensus target price of $35.00.

Insider Buying and Selling at Evertec

In related news, Director Brian John Smith acquired 16,202 shares of the company's stock in a transaction dated Friday, June 12th. The shares were bought at an average cost of $26.42 per share, with a total value of $428,056.84. Following the completion of the transaction, the director directly owned 88,222 shares of the company's stock, valued at $2,330,825.24. This trade represents a 22.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.13% of the stock is owned by insiders.

Evertec 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.

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