State Street Amends Evergy Stake Disclosure as of 12/31/23
Ticker: EVRG · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 1711269
| Field | Detail |
|---|---|
| Company | Evergy, INC. (EVRG) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street updated its Evergy holdings, confirming its continued large, passive stake.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, indicating its ownership of Evergy Inc. common stock as of December 31, 2023. This filing updates their previous disclosure, confirming their continued significant, but passive, investment in the utility company. This matters to investors as State Street's large holding suggests institutional confidence in Evergy, but any future changes could signal shifts in major investor sentiment.
Why It Matters
This filing shows that a major institutional investor, State Street Corporation, continues to hold a significant stake in Evergy Inc., which can be a vote of confidence for current and prospective shareholders.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in strategy.
Analyst Insight
Investors should note that a major institution like State Street continues to hold Evergy stock, which can be a positive signal, but this filing itself doesn't suggest any immediate buying or selling action.
Key Numbers
- 30034W106 — CUSIP Number (identifies Evergy Inc.'s common stock)
- 04-2456637 — IRS Identification No. (identifies State Street Corporation)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Evergy, Inc. (company) — the subject company whose common stock is being reported
- 0000093751-24-000402 (other) — accession number for the filing
- December 31, 2023 (date) — the date of the event requiring the filing
- January 30, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- State Street Corporation will maintain a significant, passive stake in Evergy Inc. for the foreseeable future. (State Street Corporation) — medium confidence, target: 12/31/2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the 'Reporting Person' in this filing?
The 'Reporting Person' is STATE STREET CORPORATION, identified by IRS Identification No. 04-2456637.
What is the 'Subject Company' or 'Issuer' of the securities?
The 'Subject Company' or 'Issuer' is EVERGY INC, with the CUSIP number 30034W106 for its common stock.
What was the 'Date of Event Which Requires Filing of This Statement'?
The 'Date of Event Which Requires Filing of This Statement' was December 31, 2023.
When was this specific SC 13G/A filing submitted to the SEC?
This specific SC 13G/A filing was submitted on January 30, 2024, as indicated by the 'FILED AS OF DATE' and 'DATE AS OF CHANGE'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding Evergy, Inc. (EVRG).