Janus Henderson Group PLC Buys 16,387 Shares of Eversource Energy $ES

Janus Henderson Group PLC boosted its position in shares of Eversource Energy (NYSE:ES) by 34.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,188 shares of the utilities provider’s stock after buying an additional 16,387 shares during the quarter. Janus Henderson Group PLC’s holdings in Eversource Energy were worth $4,447,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Activest Wealth Management boosted its stake in shares of Eversource Energy by 2,337.5% during the 4th quarter. Activest Wealth Management now owns 390 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 374 shares during the period. TFC Financial Management Inc. lifted its stake 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 purchasing an additional 400 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new position in shares of Eversource Energy during the fourth quarter valued at approximately $28,000. Godfrey Financial Associates Inc. purchased a new position in shares of Eversource Energy during the fourth quarter valued at approximately $29,000. Finally, Key Capital Management INC bought a new position in shares of Eversource Energy during the fourth quarter valued at approximately $29,000. Institutional investors own 79.99% of the company’s stock.

Insider Activity at Eversource Energy

In related news, VP Gregory B. Butler sold 7,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $69.88, for a total transaction of $489,160.00. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Bank of America reissued a “buy” rating and set a $72.00 price target on shares of Eversource Energy in a research note on Wednesday, April 22nd. Mizuho upped their price target on shares of Eversource Energy from $70.00 to $74.00 and gave the stock a “neutral” rating in a report on Monday. Argus downgraded shares of Eversource Energy from a “buy” rating to a “hold” rating in a research note on Friday, June 12th. Weiss Ratings raised shares of Eversource Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 10th. Finally, Capital One Financial set a $73.00 target price on shares of Eversource Energy in a research note on Wednesday, July 1st. Four 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $72.92.

Eversource Energy Trading Down 0.6%

NYSE:ES opened at $72.03 on Friday. Eversource Energy has a one year low of $61.53 and a one year high of $76.57. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.59 and a current ratio of 0.80. The firm has a market cap of $27.13 billion, a P/E ratio of 18.66, a P/E/G ratio of 5.34 and a beta of 0.70. The firm has a 50-day simple moving average of $72.05 and a 200-day simple moving average of $70.85.

Eversource Energy (NYSE:ES) last released its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.87. The firm had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.99 billion. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm earned $0.96 earnings per share. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. Equities analysts anticipate that Eversource Energy will post 4.64 EPS for the current fiscal year.

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.