Evergy (NASDAQ:EVRG) Upgraded by Wall Street Zen to “Hold” Rating

Evergy (NASDAQ:EVRG) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Other analysts also recently issued reports about the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $91.00 target price on shares of Evergy in a research note on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Evergy in a research report on Monday, December 29th. Barclays boosted their target price on Evergy from $80.00 to $82.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Mizuho restated a “neutral” rating and set a $76.00 target price (down previously from $86.00) on shares of Evergy in a research note on Thursday, December 18th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $85.50.

Evergy Stock Up 0.9%

NASDAQ:EVRG opened at $80.26 on Friday. The firm has a market cap of $18.48 billion, a P/E ratio of 21.87, a P/E/G ratio of 3.15 and a beta of 0.66. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.30 and a current ratio of 0.49. Evergy has a fifty-two week low of $61.94 and a fifty-two week high of $83.19. The firm has a 50-day simple moving average of $75.73 and a two-hundred day simple moving average of $75.06.

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

Institutional Trading of Evergy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EVRG. Vanguard Group Inc. boosted its stake in shares of Evergy by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 30,966,777 shares of the company’s stock worth $2,134,540,000 after acquiring an additional 521,310 shares during the last quarter. Geode Capital Management LLC raised its holdings in Evergy by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 6,447,150 shares of the company’s stock worth $465,684,000 after purchasing an additional 105,842 shares during the period. Franklin Resources Inc. lifted its position in Evergy by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 6,091,518 shares of the company’s stock valued at $441,574,000 after purchasing an additional 33,457 shares in the last quarter. Federated Hermes Inc. grew its holdings in Evergy by 1.6% during the fourth quarter. Federated Hermes Inc. now owns 3,760,548 shares of the company’s stock valued at $272,602,000 after purchasing an additional 57,814 shares during the period. Finally, Northern Trust Corp grew its holdings in Evergy by 10.6% during the third quarter. Northern Trust Corp now owns 2,760,494 shares of the company’s stock valued at $209,853,000 after purchasing an additional 263,619 shares during the period. 87.24% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Evergy

Here are the key news stories impacting Evergy this week:

• Positive Sentiment: Evergy declared a quarterly dividend of $0.695 per share (annualized yield ~3.5%); record date is March 10 and payment March 20 — supports income investors and buy‑and‑hold demand. BusinessWire release
• Positive Sentiment: Wells Fargo raised its price target from $79 to $83 (maintaining an “equal weight” rating), signaling modest analyst support for upside vs. current levels. Benzinga
• Neutral Sentiment: Revenue beat year‑over‑year in Q4 even as EPS fell short — mixed operational signal: topline growth but margin/earnings pressure. Zacks: Revenues increase Y/Y
• Neutral Sentiment: Evergy unveiled a new five‑year capital spending plan (~$21.6 billion) to meet rising industrial/commercial demand — a long‑term growth push that implies higher near‑term capex and execution risk. Reuters
• Neutral Sentiment: Earnings materials and the full Q4 call transcript were posted (useful for detail on drivers and guidance execution). Earnings call transcript
• Neutral Sentiment: Short‑interest reports in the feed show zero/NaN changes — likely a data/reporting anomaly and not a meaningful short squeeze signal. (No actionable change evident.)
• Negative Sentiment: Q4 EPS missed consensus: $0.42 vs. $0.57 expected, a clear earnings shortfall that weighed on near‑term sentiment. Zacks: Lags Q4 estimates
• Negative Sentiment: FY‑2026 EPS guidance (range $4.14–$4.34) sits slightly below the Street consensus (~$4.28 midpoint), and Reuters flagged forecasts below estimates — a headwind for multiple near‑term valuation assumptions. Reuters

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.