Ameritas Advisory Services LLC Acquires 8,370 Shares of Eversource Energy $ES

Ameritas Advisory Services LLC grew its holdings in Eversource Energy (NYSE:ES) by 7,822.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,477 shares of the utilities provider’s stock after acquiring an additional 8,370 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Eversource Energy were worth $571,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. AQR Capital Management LLC grew its stake in Eversource Energy by 412.7% in the third quarter. AQR Capital Management LLC now owns 1,800,618 shares of the utilities provider’s stock valued at $127,133,000 after purchasing an additional 1,449,388 shares in the last quarter. LSV Asset Management increased its stake in Eversource Energy by 331.5% during the 3rd quarter. LSV Asset Management now owns 1,566,577 shares of the utilities provider’s stock worth $111,446,000 after acquiring an additional 1,203,563 shares during the period. Vanguard Group Inc. increased its stake in Eversource Energy by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 46,814,369 shares of the utilities provider’s stock worth $3,330,374,000 after acquiring an additional 1,161,708 shares during the period. Aventail Capital Group LP increased its stake in shares of Eversource Energy by 134.6% in the 3rd quarter. Aventail Capital Group LP now owns 1,366,121 shares of the utilities provider’s stock valued at $97,186,000 after purchasing an additional 783,768 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in Eversource Energy by 89.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,395,106 shares of the utilities provider’s stock valued at $93,932,000 after purchasing an additional 657,562 shares during the last quarter. 79.99% of the stock is currently owned by institutional investors.

Eversource Energy Stock Down 2.3%

Shares of NYSE:ES opened at $67.26 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.62. The stock has a market capitalization of $25.29 billion, a P/E ratio of 14.37, a price-to-earnings-growth ratio of 4.45 and a beta of 0.74. Eversource Energy has a 12-month low of $61.53 and a 12-month high of $76.41. The stock’s 50-day moving average price is $69.54 and its 200-day moving average price is $69.75.

Eversource Energy (NYSE:ES) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.73 EPS for the quarter, topping the consensus estimate of $1.59 by $0.14. The business had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.21 billion. Eversource Energy had a net margin of 12.55% and a return on equity of 11.59%. Eversource Energy’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the business posted $1.50 earnings per share. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, equities analysts anticipate that Eversource Energy will post 4.65 earnings per share for the current year.

Eversource Energy Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have commented on ES shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Eversource Energy in a research report on Monday, April 27th. UBS Group lowered their price objective on Eversource Energy from $80.00 to $74.00 and set a “neutral” rating for the company in a research note on Friday, March 27th. Argus raised Eversource Energy to a “strong-buy” rating in a report on Tuesday, March 24th. Wells Fargo & Company upped their target price on Eversource Energy from $74.00 to $75.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Finally, Scotiabank reduced their price objective on Eversource Energy from $66.00 to $63.00 and set a “sector underperform” rating for the company in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $71.70.

Insider Buying and Selling at Eversource Energy

In other news, insider John Y. Kim sold 6,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $73.57, for a total transaction of $441,420.00. Following the completion of the sale, the insider owned 12,339 shares of the company’s stock, valued at $907,780.23. The trade was a 32.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John M. Moreira sold 7,800 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $73.90, for a total transaction of $576,420.00. Following the sale, the executive vice president directly owned 43,269 shares of the company’s stock, valued at approximately $3,197,579.10. The trade was a 15.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 16,381 shares of company stock worth $1,211,079. Insiders own 0.18% of the company’s stock.

Eversource Energy Company 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.