Curated Wealth Partners LLC cut its holdings in Eversource Energy (NYSE:ES – Free Report) by 68.4% during the third quarter, Holdings Channel reports. The institutional investor owned 10,236 shares of the utilities provider’s stock after selling 22,155 shares during the quarter. Curated Wealth Partners LLC’s holdings in Eversource Energy were worth $657,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in ES. BlackRock Inc. purchased a new stake in Eversource Energy during the second quarter worth about $3,086,413,000. Legal & General Group Plc purchased a new stake in Eversource Energy during the second quarter worth $359,215,000. Deutsche Bank AG purchased a new stake in shares of Eversource Energy in the 2nd quarter worth about $311,548,000. Hsbc Holdings PLC purchased a new position in Eversource Energy during the 2nd quarter valued at about $272,105,000. Finally, Magellan Asset Management Ltd acquired a new position in Eversource Energy during the second quarter worth about $248,397,000. 79.99% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms recently commented on ES. Citigroup reaffirmed a “hold” rating and set a $81.00 price objective on shares of Eversource Energy in a research note on Monday, July 27th. BMO Capital Markets decreased their price target on Eversource Energy from $73.00 to $72.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 22nd. Weiss Ratings raised shares of Eversource Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 31st. Wells Fargo & Company upped their price target on shares of Eversource Energy from $75.00 to $76.00 and gave the stock an “overweight” rating in a research report on Thursday, July 2nd. Finally, Mizuho increased their target price on Eversource Energy from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $72.64.
Get Our Latest Report on Eversource Energy
More Eversource Energy News
Here are the key news stories impacting Eversource Energy this week:
- Positive Sentiment: KeyCorp raised its estimate for Eversource’s third-quarter 2026 EPS to $1.04 from $1.03 and increased its FY2027 EPS forecast to $4.99 from $4.97. The FY2027 estimate is also above the broader consensus of $4.64 for the current full year. KeyCorp earnings estimates
- Neutral Sentiment: Eversource scheduled its third-quarter earnings conference call for November 5, 2026, at 9 a.m. Investors will look for updates on earnings, utility operations, capital spending and full-year guidance. The announcement itself does not change the company’s financial outlook. Eversource third-quarter earnings call announcement
- Neutral Sentiment: A comparison of Southern Company and Eversource presents ES as a long-term dividend investment, keeping the focus on income generation and potential dividend growth rather than a new company-specific catalyst. Southern Company versus Eversource dividend comparison
- Negative Sentiment: KeyCorp lowered its FY2026 EPS estimate to $4.63 from $4.67 and reduced forecasts for FY2028, FY2029 and FY2030. The largest cut was to FY2030, to $5.82 from $6.00, suggesting somewhat weaker long-term earnings expectations. KeyCorp revised Eversource earnings estimates
- Negative Sentiment: Goldman Sachs lowered its price target for Eversource to $80 from $82. Although the revised target remains above the stock’s recent trading level, the reduction adds to the cautious tone surrounding the shares. Goldman Sachs Eversource price-target revision
Eversource Energy Trading Down 1.0%
Shares of ES opened at $65.98 on Friday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.80. Eversource Energy has a one year low of $62.72 and a one year high of $76.57. The stock has a 50-day moving average price of $68.52 and a 200 day moving average price of $69.87. The company has a market capitalization of $24.85 billion, a P/E ratio of 13.58, a P/E/G ratio of 2.90 and a beta of 0.67.
Eversource Energy (NYSE:ES – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.87. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The firm had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the prior year, the company posted $0.96 earnings per share. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. Sell-side analysts forecast that Eversource Energy will post 4.64 EPS for the current fiscal year.
Eversource Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were paid a dividend of $0.7875 per share. The ex-dividend date was Monday, September 21st. This represents a $3.15 annualized dividend and a yield of 4.8%. Eversource Energy’s dividend payout ratio (DPR) is 81.61%.
Eversource Energy Profile
Eversource Energy (NYSE: ES) is a diversified energy delivery company that operates regulated electric and natural gas utilities in the northeastern United States. Its businesses provide electricity and natural gas distribution, electric transmission, and related energy infrastructure services to residential, commercial, and industrial customers.
Eversource’s electric operations serve customers across Connecticut, Massachusetts, and New Hampshire, while its natural gas distribution businesses operate primarily in Connecticut and Massachusetts.
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