Fulcrum Asset Management LLP Has $3.18 Million Holdings in Evergy Inc. $EVRG

Key Points

• Fulcrum Asset Management boosted its Evergy stake 119.1% in Q4 to 43,867 shares worth about $3.18 million, making EVRG its 29th-largest holding (≈0.4% of the firm's portfolio).
• Evergy beat Q1 estimates, reporting $0.69 EPS vs. $0.63 expected and $1.44B revenue, announced a new large customer, reaffirmed FY2026 guidance, and declared a quarterly dividend of $0.695/share (≈3.4% yield).
• Risks and insider activity: interest expense rose ~14.4% year-over-year, which could pressure margins and free cash flow, and insiders sold 8,937 shares in the past three months (insider ownership ≈1.52%).

Fulcrum Asset Management LLP raised its holdings in shares of Evergy Inc. (NASDAQ:EVRG - Free Report) by 119.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,867 shares of the company's stock after purchasing an additional 23,842 shares during the period. Evergy accounts for approximately 0.4% of Fulcrum Asset Management LLP's holdings, making the stock its 29th biggest holding. Fulcrum Asset Management LLP's holdings in Evergy were worth $3,180,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC lifted its position in Evergy by 0.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 24,981 shares of the company's stock valued at $1,826,000 after purchasing an additional 140 shares during the period. Moneta Group Investment Advisors LLC lifted its position in Evergy by 0.3% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 46,972 shares of the company's stock valued at $3,571,000 after purchasing an additional 145 shares during the period. Cary Street Partners Investment Advisory LLC lifted its position in Evergy by 17.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 979 shares of the company's stock valued at $74,000 after purchasing an additional 147 shares during the period. Modern Wealth Management LLC lifted its position in Evergy by 1.9% during the 3rd quarter. Modern Wealth Management LLC now owns 7,926 shares of the company's stock valued at $603,000 after purchasing an additional 148 shares during the period. Finally, Composition Wealth LLC lifted its position in Evergy by 3.9% during the 4th quarter. Composition Wealth LLC now owns 3,920 shares of the company's stock valued at $284,000 after purchasing an additional 148 shares during the period. 87.24% of the stock is currently owned by institutional investors and hedge funds.

More Evergy News

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Q1 beat and revenue growth — Evergy reported adjusted EPS of $0.69 (vs. $0.63 est.) and revenue of $1.44B, driven by regulated investment recovery, stronger demand and higher large‑customer sales; this beat is the main catalyst for the stock strength. Evergy beats profit estimates on regulated investment recovery, stronger demand
• Positive Sentiment: New large customer and reaffirmed 2026 guidance — Management announced a new large customer and said it is reaffirming 2026 guidance, supporting confidence in revenue stability and growth prospects. Evergy Announces First Quarter 2026 Results, Announces New Large Customer, Declares Quarterly Dividend and Reaffirms 2026 Guidance
• Positive Sentiment: Dividend declared — Evergy declared a quarterly dividend of $0.695/share (annualized yield ~3.4%), reinforcing the income profile and appealing to dividend investors (record May 22, pay June 18).
• Neutral Sentiment: FY2026 EPS range set — Management updated full‑year EPS guidance to $4.140–$4.340, which overlaps the consensus (~$4.24) but leaves execution risk toward the lower bound; investors should watch guidance cadence for signs of upside or trimming. Press Release
• Negative Sentiment: Rising interest costs and leverage pressure margins — Interest expense rose ~14.4% Y/Y, which, together with Evergy’s leverage profile, could weigh on free cash flow and limit near‑term upside if rates stay elevated. Evergy's Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Insider Buying and Selling

In related news, SVP Charles L. King sold 2,440 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $82.19, for a total transaction of $200,543.60. Following the completion of the sale, the senior vice president directly owned 18,359 shares of the company's stock, valued at approximately $1,508,926.21. This represents a 11.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ann D. Murtlow sold 2,847 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $82.34, for a total value of $234,421.98. Following the sale, the director directly owned 2,311 shares of the company's stock, valued at approximately $190,287.74. The trade was a 55.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 8,937 shares of company stock valued at $736,492. 1.52% of the stock is owned by corporate insiders.

Evergy Stock Performance

Shares of EVRG stock opened at $82.73 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.49 and a quick ratio of 0.27. The stock has a market cap of $19.05 billion, a PE ratio of 22.54, a price-to-earnings-growth ratio of 2.10 and a beta of 0.56. The stock has a 50-day moving average of $82.07 and a 200-day moving average of $78.20. Evergy Inc. has a one year low of $63.29 and a one year high of $85.27.

Evergy (NASDAQ:EVRG - Get Free Report) last announced its quarterly 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. The company had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.27 billion. Evergy had a return on equity of 8.79% and a net margin of 14.35%.Evergy's revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. As a group, sell-side analysts expect that Evergy Inc. will post 4.25 earnings per share for the current year.

Evergy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 22nd will be paid a dividend of $0.695 per share. This represents a $2.78 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Friday, May 22nd. Evergy's dividend payout ratio is presently 75.75%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Royal Bank Of Canada restated 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 upped their price target on Evergy from $82.00 to $87.00 and gave the company an "outperform" rating in a research note on Monday, February 23rd. Wall Street Zen raised Evergy from a "sell" rating to a "hold" rating in a research note on Saturday, February 21st. Wells Fargo & Company set a $87.00 price target on Evergy in a research note on Tuesday, April 21st. Finally, BTIG Research started coverage on Evergy in a research note on Thursday, April 9th. They issued a "buy" rating and a $99.00 price target for the company. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Evergy currently has an average rating of "Moderate Buy" and a consensus price target of $89.30.

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.

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