American Century Companies Inc. raised its stake in Evertec, Inc. (NYSE:EVTC – Free Report) by 7.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,894,013 shares of the business services provider’s stock after purchasing an additional 335,639 shares during the period. American Century Companies Inc. owned 0.08% of Evertec worth $165,320,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Richardson Financial Services Inc. lifted its stake in Evertec by 132.6% during the 3rd quarter. Richardson Financial Services Inc. now owns 763 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 435 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in Evertec by 479.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,355 shares of the business services provider’s stock worth $49,000 after purchasing an additional 1,121 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in Evertec by 40.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,796 shares of the business services provider’s stock worth $62,000 after acquiring an additional 517 shares during the period. EverSource Wealth Advisors LLC increased its stake in Evertec by 2,751.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,996 shares of the business services provider’s stock worth $72,000 after acquiring an additional 1,926 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new position in Evertec in the 3rd quarter worth approximately $79,000. Institutional investors own 96.80% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently commented on EVTC. Weiss Ratings reiterated a “hold (c-)” rating on shares of Evertec in a research report on Monday, December 29th. Morgan Stanley cut their price target on shares of Evertec from $34.00 to $29.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 12th. Zacks Research lowered Evertec from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Susquehanna dropped their price target on Evertec from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Finally, Wall Street Zen upgraded Evertec from a “hold” rating to a “buy” rating in a report on Saturday. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $35.80.
Evertec Stock Performance
NYSE:EVTC opened at $28.28 on Monday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.91 and a current ratio of 2.07. Evertec, Inc. has a 52-week low of $24.95 and a 52-week high of $38.56. The firm has a market capitalization of $1.81 billion, a PE ratio of 12.91, a P/E/G ratio of 1.08 and a beta of 0.85. The stock has a 50-day simple moving average of $28.49 and a two-hundred day simple moving average of $30.53.
Evertec (NYSE:EVTC – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. Evertec had a net margin of 15.19% and a return on equity of 33.27%. The firm had revenue of $244.83 million during the quarter, compared to analysts’ expectations of $236.83 million. During the same period in the prior year, the company posted $0.87 earnings per share. The company’s revenue for the quarter was up 13.1% compared to the same quarter last year. Evertec has set its FY 2026 guidance at 3.840-3.960 EPS. Analysts forecast that Evertec, Inc. will post 2.63 EPS for the current year.
Evertec Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Monday, March 2nd will be paid a $0.05 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.20 annualized dividend and a yield of 0.7%. Evertec’s payout ratio is presently 8.89%.
Evertec News Summary
Here are the key news stories impacting Evertec this week:
- Positive Sentiment: Q4 beat and revenue growth — EVTC reported $0.93 EPS vs. $0.91 consensus and revenue of $244.8M (vs. ~$236.8M est.), with revenue up ~13% year‑over‑year, showing operational strength for the quarter. Evertec (EVTC) Beats Q4 Earnings and Revenue Estimates
- Positive Sentiment: Raised FY2026 guidance — management set FY2026 EPS guidance of $3.84–$3.96 (above Street ~$3.58) and issued revenue guidance above consensus, which is the main near‑term catalyst supporting the stock move. Evertec outlines 2026 revenue growth of up to 11.2% and expands LATAM business to over 40% of total revenue
- Positive Sentiment: Geographic growth strategy — company expects LATAM to exceed 40% of revenue and outlined up to ~11.2% revenue growth in 2026, which signals diversified growth drivers beyond core markets. Evertec outlines 2026 revenue growth of up to 11.2% and expands LATAM business to over 40% of total revenue
- Neutral Sentiment: Investor materials available — management hosted a conference call and posted the press release/slide deck for details on guidance assumptions; watch the transcript and slides for margin, capex and currency assumptions. Evertec press release / slide deck
- Neutral Sentiment: Profitability metrics remain strong — Q4 ROE (~34.8%) and net margin (~16.2%) underline solid unit economics, supporting higher EPS guidance if revenue execution continues. EVERTEC (EVTC) Q4 2025 Earnings Call Transcript
- Negative Sentiment: Valuation and momentum concerns — some analysts point to weaker recent share momentum and valuation questions despite the beat, which could limit upside if broader sentiment turns. A Look At EVERTEC (EVTC) Valuation As Shares Show Weaker Recent Momentum
- Negative Sentiment: Technical/resistance points — shares remain below the 200‑day moving average and face recent trading range pressure; plus a meaningful debt‑to‑equity ratio (~1.6) that investors may watch when assessing downside risk. Evertec: Q4 Earnings Snapshot
About Evertec
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.
Further Reading
- Five stocks we like better than Evertec
- Silver Crossed $100: Is the $500 surge next? (Join us March 4)
- America’s 1776 happening again
- Unlocked: Elon Musk’s Next Big IPO
- Silver paying 20% dividend. Plus 68% share gains
- REVEALED: Something Big Happening Behind White House Doors
Want to see what other hedge funds are holding EVTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Evertec, Inc. (NYSE:EVTC – Free Report).
Receive News & Ratings for Evertec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evertec and related companies with MarketBeat.com's FREE daily email newsletter.
