Stephens Inc. AR Acquires 8,053 Shares of Eversource Energy $ES

Stephens Inc. AR boosted its stake in shares of Eversource Energy (NYSE:ES) by 12.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,866 shares of the utilities provider’s stock after purchasing an additional 8,053 shares during the period. Stephens Inc. AR’s holdings in Eversource Energy were worth $4,910,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Eversource Energy by 1.0% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 14,831 shares of the utilities provider’s stock worth $999,000 after buying an additional 140 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in shares of Eversource Energy by 1.1% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,287 shares of the utilities provider’s stock valued at $895,000 after acquiring an additional 142 shares during the period. Northwestern Mutual Investment Management Company LLC grew its position in shares of Eversource Energy by 1.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 11,988 shares of the utilities provider’s stock valued at $807,000 after acquiring an additional 160 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Eversource Energy by 1.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 14,483 shares of the utilities provider’s stock worth $975,000 after purchasing an additional 162 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Eversource Energy by 4.9% in the 3rd quarter. Parallel Advisors LLC now owns 3,636 shares of the utilities provider’s stock valued at $259,000 after purchasing an additional 169 shares during the period. Institutional investors and hedge funds own 79.99% of the company’s stock.

Eversource Energy Stock Performance

ES opened at $74.74 on Wednesday. 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 business has a fifty day simple moving average of $69.76 and a 200 day simple moving average of $69.89. Eversource Energy has a 1 year low of $61.53 and a 1 year high of $76.41. The company has a market capitalization of $28.11 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 4.84 and a beta of 0.70.

Eversource Energy (NYSE:ES) last posted its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.14. Eversource Energy had a return on equity of 11.59% 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 business earned $1.50 EPS. The company’s quarterly 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. Research analysts expect that Eversource Energy will post 4.65 EPS for the current year.

Eversource Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, May 18th were paid a $0.7875 dividend. The ex-dividend date was Monday, May 18th. This represents a $3.15 annualized dividend and a yield of 4.2%. Eversource Energy’s payout ratio is 67.31%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Seaport Research Partners downgraded shares of Eversource Energy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. UBS Group dropped their price objective on Eversource Energy from $80.00 to $74.00 and set a “neutral” rating on the stock in a research note on Friday, March 27th. JPMorgan Chase & Co. raised their price objective on Eversource Energy from $72.00 to $75.00 and gave the company an “underweight” rating in a research report on Thursday, March 12th. Wells Fargo & Company lifted their target price on Eversource Energy from $75.00 to $76.00 and gave the stock an “overweight” rating in a research note on Thursday, July 2nd. Finally, Capital One Financial set a $73.00 target price on Eversource Energy in a report on Wednesday, July 1st. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Eversource Energy has an average rating of “Hold” and a consensus price target of $71.91.

Insider Transactions at Eversource Energy

In other Eversource Energy news, VP Gregory B. Butler sold 7,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $69.88, for a total value of $489,160.00. Following the completion of the sale, the vice president owned 56,179 shares of the company’s stock, valued at $3,925,788.52. The trade was a 11.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.18% of the stock is owned by corporate insiders.

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.