Measured Wealth Private Client Group LLC Grows Stock Holdings in Eversource Energy $ES

Measured Wealth Private Client Group LLC lifted its position in shares of Eversource Energy (NYSE:ES) by 1,135.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,410 shares of the utilities provider’s stock after purchasing an additional 14,163 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Eversource Energy were worth $1,038,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Alps Advisors Inc. lifted its stake in Eversource Energy by 5.4% in the 3rd quarter. Alps Advisors Inc. now owns 386,853 shares of the utilities provider’s stock worth $27,521,000 after purchasing an additional 19,795 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Eversource Energy by 87.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,060,902 shares of the utilities provider’s stock worth $75,461,000 after purchasing an additional 494,158 shares in the last quarter. Aventail Capital Group LP lifted its stake in 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 worth $97,186,000 after purchasing an additional 783,768 shares in the last quarter. Caprock Group LLC purchased a new stake in Eversource Energy in the 3rd quarter worth $1,511,000. Finally, Legal & General Group Plc lifted its stake in Eversource Energy by 1.3% in 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. Hedge funds and other institutional investors own 79.99% of the company’s stock.

Eversource Energy Stock Performance

Eversource Energy stock opened at $68.40 on Friday. The company’s 50-day moving average price is $68.70 and its 200-day moving average price is $69.45. Eversource Energy has a twelve month low of $61.53 and a twelve month high of $76.41. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.62. The company has a market cap of $25.72 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 4.52 and a beta of 0.74.

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

Eversource Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, May 18th will be issued a $0.7875 dividend. The ex-dividend date is Monday, May 18th. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.6%. Eversource Energy’s payout ratio is 67.31%.

Wall Street Analysts Forecast Growth

Several analysts have commented on ES shares. Seaport Research Partners cut shares of Eversource Energy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Bank of America reiterated a “buy” rating and issued a $72.00 price target on shares of Eversource Energy in a research note on Wednesday, April 22nd. Argus upgraded shares of Eversource Energy to a “strong-buy” rating in a research note on Tuesday, March 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Eversource Energy in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Eversource Energy from $72.00 to $75.00 and gave the stock an “underweight” rating in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $71.70.

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.