72,086 Shares in Eversource Energy $ES Purchased by F m Investments LLC

F m Investments LLC acquired a new position in shares of Eversource Energy (NYSE:ES) during the fourth quarter, Holdings Channel.com reports. The fund acquired 72,086 shares of the utilities provider’s stock, valued at approximately $4,854,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Eversource Energy by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 47,512,198 shares of the utilities provider’s stock worth $3,198,996,000 after purchasing an additional 697,829 shares in the last quarter. Magellan Asset Management Ltd lifted its holdings in Eversource Energy by 6.5% during the 3rd quarter. Magellan Asset Management Ltd now owns 7,406,785 shares of the utilities provider’s stock worth $526,919,000 after purchasing an additional 454,658 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Eversource Energy by 9.4% during the 3rd quarter. Victory Capital Management Inc. now owns 5,900,662 shares of the utilities provider’s stock worth $419,773,000 after purchasing an additional 505,489 shares in the last quarter. Legal & General Group Plc lifted its holdings in Eversource Energy by 1.3% during the 3rd quarter. Legal & General Group Plc now owns 5,088,500 shares of the utilities provider’s stock worth $361,996,000 after purchasing an additional 63,466 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Eversource Energy by 4.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,545,084 shares of the utilities provider’s stock worth $181,057,000 after purchasing an additional 113,836 shares in the last quarter. Hedge funds and other institutional investors own 79.99% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Scotiabank lowered their price target on Eversource Energy from $66.00 to $63.00 and set a “sector underperform” rating on the stock in a report on Tuesday, April 21st. Wells Fargo & Company raised their price target on Eversource Energy from $74.00 to $75.00 and gave the company an “overweight” rating in a report on Friday. BMO Capital Markets lowered their price target on Eversource Energy from $79.00 to $75.00 and set a “market perform” rating on the stock in a report on Monday, March 23rd. Bank of America reaffirmed a “buy” rating and issued a $72.00 price target on shares of Eversource Energy in a report on Wednesday, April 22nd. Finally, Argus raised Eversource Energy to a “strong-buy” rating in a report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $71.90.

Eversource Energy Stock Performance

NYSE:ES opened at $66.44 on Friday. The business’s 50-day moving average price is $70.42 and its two-hundred day moving average price is $69.97. Eversource Energy has a twelve month low of $60.62 and a twelve month high of $76.41. The stock has a market cap of $24.97 billion, a P/E ratio of 14.20, a PEG ratio of 4.41 and a beta of 0.74. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.66.

Eversource Energy (NYSE:ES) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.14. Eversource Energy had a return on equity of 11.70% and a net margin of 12.55%.The firm had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.21 billion. During the same quarter last year, the firm posted $1.50 EPS. The company’s revenue was up 9.4% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. As a group, equities analysts predict that Eversource Energy will post 4.65 EPS for the current fiscal year.

Eversource Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, May 18th will be issued a dividend of $0.7875 per share. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, May 18th. Eversource Energy’s dividend payout ratio (DPR) is currently 67.31%.

Insider Activity at Eversource Energy

In related news, EVP John M. Moreira sold 7,800 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $73.90, for a total transaction of $576,420.00. Following the transaction, the executive vice president directly owned 43,269 shares of the company’s stock, valued at approximately $3,197,579.10. This trade represents a 15.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John Y. Kim sold 6,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $73.57, for a total value of $441,420.00. Following the transaction, the insider directly owned 12,339 shares in the company, valued at approximately $907,780.23. This represents a 32.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 16,381 shares of company stock valued at $1,211,079. Corporate insiders own 0.18% of the company’s stock.

Eversource Energy News Roundup

Here are the key news stories impacting Eversource Energy this week:

• Positive Sentiment: Wells Fargo raised its price target on Eversource Energy to $75 from $74 and kept an overweight rating, signaling continued upside potential after the company’s recent results. Benzinga
• Positive Sentiment: Eversource reported first-quarter earnings of $1.73 per share, topping expectations, while revenue also beat estimates, which supports the case for improved near-term fundamentals. Zacks
• Positive Sentiment: The company also raised its 2026-2030 capital plan by $2.3 billion, indicating more investment in its regulated utility base and growth projects. Zacks
• Neutral Sentiment: Eversource announced a quarterly dividend of $0.7875 per share, supporting its appeal to income-focused investors, with a yield of about 4.7%.
• Negative Sentiment: Management cut its annual profit forecast due to lower rates, which raises concern that earnings growth may be more limited than previously expected. Reuters
• Negative Sentiment: Articles highlighting that the stock has lagged the broader market and that analysts remain cautious suggest investor sentiment is still mixed despite the earnings beat. Barchart

Eversource Energy Profile

Eversource Energy (NYSE: ES) is a publicly traded, regulated energy company headquartered in Hartford, Connecticut. The company’s core business is the delivery and transmission of electricity and natural gas to residential, commercial and industrial customers across parts of New England. Eversource operates transmission and distribution networks, maintains electrical infrastructure, responds to outages and storms, and manages natural gas pipeline and distribution systems in the regions it serves.

Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire, operating through locally regulated utility subsidiaries that administer customer service, billing, meter reading and localized operations.