California State Teachers Retirement System Cuts Stake in Eversource Energy $ES

California State Teachers Retirement System lowered its stake in shares of Eversource Energy (NYSE:ES) by 1.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,009,933 shares of the utilities provider’s stock after selling 12,888 shares during the quarter. California State Teachers Retirement System owned approximately 0.27% of Eversource Energy worth $69,968,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Lodestone Wealth Management LLC purchased a new position in Eversource Energy in the fourth quarter valued at approximately $25,000. Activest Wealth Management grew its holdings in Eversource Energy by 2,337.5% during the fourth quarter. Activest Wealth Management now owns 390 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 374 shares during the period. TFC Financial Management Inc. increased its position in Eversource Energy by 2,857.1% in the fourth quarter. TFC Financial Management Inc. now owns 414 shares of the utilities provider’s stock worth $28,000 after buying an additional 400 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in Eversource Energy in the fourth quarter worth $28,000. Finally, Key Capital Management INC bought a new stake in shares of Eversource Energy in the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 79.99% of the company’s stock.

Trending Headlines about Eversource Energy

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

• Positive Sentiment: Eversource reaffirmed its fiscal 2026 recurring EPS guidance of $4.57–$4.72, broadly consistent with the analyst consensus of about $4.65. Management’s ability to maintain its forecast may help limit downside concerns. Eversource Energy Reaffirms 2026 Guidance Despite Earnings Decline
• Neutral Sentiment: Second-quarter non-GAAP recurring earnings were $0.87 per share, in line with some reported consensus estimates but $0.01 below the Zacks estimate. Revenue increased 2.3% year over year to $2.90 billion, though it fell short of the $2.99 billion consensus. Eversource Energy Misses Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Institutional positioning was mixed in the latest quarter, with 527 investors adding Eversource shares and 384 reducing their holdings. This suggests differing views on the utility’s earnings outlook.
• Negative Sentiment: GAAP earnings fell sharply to $53.7 million, or $0.14 per diluted share, from $352.7 million, or $0.96 per share, a year earlier. Results included a $111.4 million after-tax charge related to the Aquarion Water sale and a $164.0 million after-tax charge tied to increased offshore-wind contingent liabilities. Eversource Energy Reports Second Quarter 2026 Results
• Negative Sentiment: The earnings decline from $0.96 per share last year, the revenue shortfall, and continuing offshore-wind liability risk are likely weighing on sentiment. Reported insider activity also showed eight sales and no purchases over the past six months, although those transactions may not directly reflect current operating expectations.

Eversource Energy Price Performance

Eversource Energy stock opened at $73.80 on Friday. Eversource Energy has a one year low of $61.53 and a one year high of $76.57. The business has a fifty day moving average price of $71.80 and a 200-day moving average price of $70.75. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.65 and a quick ratio of 0.59. The firm has a market capitalization of $27.75 billion, a P/E ratio of 15.77, a PEG ratio of 5.51 and a beta of 0.70.

Eversource Energy (NYSE:ES) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share for the quarter, meeting the consensus estimate of $0.87. Eversource Energy had a return on equity of 11.59% and a net margin of 12.55%.The company had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the previous year, the business earned $0.96 earnings per share. The firm’s quarterly revenue was up 2.3% 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 research analysts forecast that Eversource Energy will post 4.64 EPS for the current year.

Eversource Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, May 18th were issued a dividend of $0.7875 per share. This represents a $3.15 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Monday, May 18th. Eversource Energy’s payout ratio is presently 67.31%.

Analyst Ratings Changes

A number of research analysts have recently commented on ES shares. Weiss Ratings raised Eversource Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 10th. Capital One Financial set a $73.00 price objective on Eversource Energy in a report on Wednesday, July 1st. Wells Fargo & Company boosted their price objective on Eversource Energy from $75.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, July 2nd. Argus downgraded shares of Eversource Energy from a “buy” rating to a “hold” rating in a report on Friday, June 12th. Finally, Bank of America reiterated a “buy” rating and set a $72.00 target price on shares of Eversource Energy in a research report on Wednesday, April 22nd. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $72.58.

Insiders Place Their Bets

In other news, VP Gregory B. Butler sold 7,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $69.88, for a total transaction of $489,160.00. Following the sale, the vice president directly owned 56,179 shares in the company, valued at $3,925,788.52. This represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.18% of the stock is owned by insiders.

About Eversource Energy

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.