Sei Investments Co. Has $1.79 Million Stock Position in Evertec, Inc. $EVTC

Key Points

• Sei Investments increased its Evertec stake by 293.5% in the first quarter, bringing its holdings to 63,472 shares valued at approximately $1.79 million. Institutional investors own 96.8% of the company.
• Evertec reported quarterly EPS of $1.05, beating estimates by $0.10, while revenue rose 19.7% year over year to $274.82 million. The company issued full-year 2026 EPS guidance of $3.94–$4.04.
• EVTC shares opened at $29.87, while analysts maintain a consensus “Hold” rating and a $35 average price target. Evertec also declared a quarterly dividend of $0.05 per share, yielding approximately 0.7%.

Sei Investments Co. boosted its stake in shares of Evertec, Inc. (NYSE:EVTC - Free Report) by 293.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,472 shares of the business services provider's stock after purchasing an additional 47,342 shares during the period. Sei Investments Co. owned 0.10% of Evertec worth $1,791,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of EVTC. Lido Advisors LLC raised its stake in shares of Evertec by 35.4% during the 1st quarter. Lido Advisors LLC now owns 12,398 shares of the business services provider's stock worth $350,000 after purchasing an additional 3,239 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Evertec in the first quarter valued at $2,338,000. Cetera Investment Advisers grew its stake in shares of Evertec by 6.2% in the first quarter. Cetera Investment Advisers now owns 13,078 shares of the business services provider's stock valued at $369,000 after buying an additional 765 shares in the last quarter. Heartland Advisors Inc. increased its holdings in Evertec by 5.3% during the first quarter. Heartland Advisors Inc. now owns 250,000 shares of the business services provider's stock worth $7,055,000 after buying an additional 12,500 shares during the last quarter. Finally, Jennison Associates LLC increased its holdings in Evertec by 62.1% during the first quarter. Jennison Associates LLC now owns 60,934 shares of the business services provider's stock worth $1,720,000 after buying an additional 23,346 shares during the last quarter. 96.80% of the stock is currently owned by institutional investors.

Evertec Stock Up 0.1%

Evertec stock opened at $29.87 on Monday. The stock has a market cap of $1.78 billion, a P/E ratio of 19.40, a P/E/G ratio of 1.01 and a beta of 0.70. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.89. Evertec, Inc. has a twelve month low of $21.81 and a twelve month high of $37.71. The company's 50-day moving average price is $28.02 and its two-hundred day moving average price is $27.77.

Evertec (NYSE:EVTC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.10. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The firm had revenue of $274.82 million during the quarter, compared to the consensus estimate of $262.24 million. During the same period last year, the business posted $0.89 earnings per share. The business's revenue for the quarter was up 19.7% compared to the same quarter last year. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. As a group, analysts expect that Evertec, Inc. will post 3.34 EPS for the current year.

Evertec Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 3rd will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, August 3rd. Evertec's dividend payout ratio (DPR) is presently 12.99%.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, Director Brian John Smith purchased 16,202 shares of Evertec stock in a transaction that occurred on Friday, June 12th. The stock was acquired at an average cost of $26.42 per share, for a total transaction of $428,056.84. Following the purchase, 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.13% of the company's stock.

Evertec Company 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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