Representative Lisa C. McClain (R-Michigan) recently sold shares of Evertec, Inc. NYSE: EVTC. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Evertec stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
- Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.
Evertec Trading Down 1.9%
EVTC traded down $0.6920 during mid-day trading on Monday, reaching $36.0580. The stock had a trading volume of 69,514 shares, compared to its average volume of 317,717. The stock has a market capitalization of $2.31 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.80 and a beta of 0.96. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.20 and a current ratio of 2.20. The firm's fifty day simple moving average is $35.45 and its two-hundred day simple moving average is $35.40. Evertec, Inc. has a 52 week low of $31.11 and a 52 week high of $38.56.
Evertec (NYSE:EVTC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The business services provider reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.03. The firm had revenue of $229.61 million for the quarter, compared to analyst estimates of $222.23 million. Evertec had a return on equity of 36.67% and a net margin of 15.56%.The business's quarterly revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company earned $0.83 EPS. Evertec has set its FY 2025 guidance at 3.440-3.520 EPS. On average, equities analysts predict that Evertec, Inc. will post 2.63 EPS for the current year.
Evertec Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Monday, August 4th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, August 4th. Evertec's dividend payout ratio (DPR) is presently 9.43%.
Insider Activity
In related news, Director Aldo J. Polak sold 2,243 shares of Evertec stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $35.72, for a total value of $80,119.96. Following the sale, the director owned 11,946 shares of the company's stock, valued at approximately $426,711.12. The trade was a 15.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.63% of the company's stock.
Analyst Ratings Changes
A number of research analysts have recently weighed in on EVTC shares. Keefe, Bruyette & Woods increased their price target on Evertec from $42.00 to $44.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th. Deutsche Bank Aktiengesellschaft started coverage on Evertec in a research note on Thursday, July 17th. They issued a "hold" rating and a $35.00 price target on the stock. Morgan Stanley cut their price target on Evertec from $35.00 to $34.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 31st. Raymond James Financial reissued an "outperform" rating and issued a $43.00 price target (up previously from $42.00) on shares of Evertec in a research note on Thursday, July 31st. Finally, Susquehanna set a $39.00 price target on Evertec and gave the company a "neutral" rating in a research note on Tuesday, May 20th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $39.00.
Read Our Latest Research Report on EVTC
Institutional Trading of Evertec
Hedge funds and other institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. raised its stake in shares of Evertec by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 317,649 shares of the business services provider's stock valued at $11,680,000 after purchasing an additional 7,125 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of Evertec by 55.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 11,180 shares of the business services provider's stock valued at $414,000 after purchasing an additional 3,980 shares during the period. GAMMA Investing LLC raised its stake in shares of Evertec by 4,773.8% in the 1st quarter. GAMMA Investing LLC now owns 14,524 shares of the business services provider's stock valued at $534,000 after purchasing an additional 14,226 shares during the period. Fifth Third Bancorp increased its position in shares of Evertec by 44.7% in the first quarter. Fifth Third Bancorp now owns 1,699 shares of the business services provider's stock valued at $62,000 after acquiring an additional 525 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of Evertec by 39.2% in the first quarter. Blue Trust Inc. now owns 1,522 shares of the business services provider's stock valued at $56,000 after acquiring an additional 429 shares during the last quarter. Institutional investors and hedge funds own 96.80% of the company's stock.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Evertec Company Profile
(
Get Free Report)
EVERTEC, Inc engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards.
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