1,599,359 Shares in Evergy Inc. $EVRG Bought by Legal & General Group Plc

Legal & General Group Plc has acquired 1,599,359 shares of Evergy Inc. (EVRG) for approximately $138.2 million, now holding a 0.69% stake in the utility company. Institutional investors collectively own 87.24% of Evergy's stock, which recently reported strong quarterly earnings of $0.88 EPS and revenue of $1.50 billion, surpassing analyst expectations. The company also declared a quarterly dividend of $0.695 per share, resulting in a 3.4% yield, while analysts maintain a "Moderate Buy" rating with an average price target of $90.60.