9,717 Shares in Eversource Energy $ES Acquired by West Family Investments Inc.

West Family Investments Inc. purchased a new position in shares of Eversource Energy (NYSE:ES) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,717 shares of the utilities provider’s stock, valued at approximately $702,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Elevation Wealth Partners LLC boosted its position in Eversource Energy by 220.2% during the second quarter. Elevation Wealth Partners LLC now owns 349 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 240 shares during the period. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Eversource Energy during the second quarter valued at about $26,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of Eversource Energy in the 4th quarter worth approximately $28,000. Godfrey Financial Associates Inc. bought a new position in Eversource Energy in the fourth quarter worth $29,000. Finally, First Bancorp Inc ME acquired a new stake in shares of Eversource Energy during the 2nd quarter valued at about $30,000. Hedge funds and other institutional investors own 79.99% of the company’s stock.

Eversource Energy Price Performance

NYSE:ES traded up $0.50 during mid-day trading on Tuesday, reaching $71.55. The stock had a trading volume of 1,882,992 shares, compared to its average volume of 2,467,906. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.80 and a quick ratio of 0.74. Eversource Energy has a 12 month low of $62.63 and a 12 month high of $76.57. The stock has a market capitalization of $26.95 billion, a PE ratio of 18.54, a P/E/G ratio of 3.08 and a beta of 0.69. The stock has a 50-day simple moving average of $72.73 and a two-hundred day simple moving average of $71.07.

Eversource Energy (NYSE:ES) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.87 EPS for the quarter, meeting the consensus estimate of $0.87. The business had revenue of $2.90 billion during 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 firm’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.96 EPS. 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.

Wall Street Analyst Weigh In

ES has been the subject of a number of research analyst reports. Capital One Financial set a $73.00 target price on shares of Eversource Energy in a research note on Wednesday, July 1st. Weiss Ratings raised shares of Eversource Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 31st. Citigroup reissued a “hold” rating and set a $81.00 target price on shares of Eversource Energy in a research note on Monday, July 27th. Mizuho boosted their price target on Eversource Energy from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company raised their target price on shares of Eversource Energy from $75.00 to $76.00 and gave the company an “overweight” rating in a research report on Thursday, July 2nd. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $72.92.

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.