M&G PLC Sells 88,260 Shares of Eversource Energy $ES

M&G PLC trimmed its position in Eversource Energy (NYSE:ES) by 8.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 974,984 shares of the utilities provider’s stock after selling 88,260 shares during the quarter. M&G PLC’s holdings in Eversource Energy were worth $69,224,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Eversource Energy by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 46,814,369 shares of the utilities provider’s stock worth $3,330,374,000 after buying an additional 1,161,708 shares during the period. State Street Corp raised its position in shares of Eversource Energy by 1.7% during the 2nd quarter. State Street Corp now owns 27,343,038 shares of the utilities provider’s stock valued at $1,739,564,000 after acquiring an additional 465,822 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Eversource Energy by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 9,273,415 shares of the utilities provider’s stock worth $587,449,000 after purchasing an additional 211,962 shares during the last quarter. Magellan Asset Management Ltd grew its stake in shares of Eversource Energy by 1.1% during the second quarter. Magellan Asset Management Ltd now owns 6,952,127 shares of the utilities provider’s stock worth $442,294,000 after purchasing an additional 75,784 shares during the period. Finally, Norges Bank acquired a new position in Eversource Energy in the second quarter valued at about $274,744,000. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Eversource Energy Stock Performance

Shares of ES opened at $73.37 on Monday. The firm has a market cap of $27.53 billion, a P/E ratio of 16.05, a PEG ratio of 3.16 and a beta of 0.77. Eversource Energy has a twelve month low of $52.28 and a twelve month high of $75.25. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.64 and a current ratio of 0.71. The firm’s 50 day moving average price is $68.45 and its two-hundred day moving average price is $68.48.

Eversource Energy (NYSE:ES) last posted its quarterly earnings data on Thursday, February 12th. The utilities provider reported $1.12 EPS for the quarter, beating the consensus estimate of $1.10 by $0.02. The business had revenue of $3.37 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Eversource Energy had a net margin of 12.49% and a return on equity of 11.27%. The firm’s revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 EPS. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. On average, analysts forecast that Eversource Energy will post 4.75 EPS for the current fiscal year.

Eversource Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 5th will be issued a dividend of $0.7875 per share. The ex-dividend date is Thursday, March 5th. This is a boost from Eversource Energy’s previous quarterly dividend of $0.75. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.3%. Eversource Energy’s dividend payout ratio is 65.86%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ES. Jefferies Financial Group restated an “underperform” rating on shares of Eversource Energy in a research report on Monday, November 24th. BMO Capital Markets decreased their price objective on shares of Eversource Energy from $79.00 to $77.00 and set a “market perform” rating for the company in a report on Thursday, November 6th. JPMorgan Chase & Co. lowered their target price on shares of Eversource Energy from $72.00 to $71.00 and set an “underweight” rating for the company in a research note on Friday, December 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Eversource Energy in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company lowered shares of Eversource Energy from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $79.00 to $63.00 in a report on Wednesday, November 19th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $71.50.

Trending Headlines about Eversource Energy

Here are the key news stories impacting Eversource Energy this week:

• Positive Sentiment: Q4 beat and revenue upside — Eversource reported Q4 EPS of $1.12 (vs. ~$1.10 est.) and revenue of $3.37B (+13% y/y), driven by stronger gas results and the absence of prior one‑time charges. This helped lift near‑term sentiment. Eversource Energy Q4 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Strong full‑year results — FY2025 GAAP EPS rose to $4.56 and non‑GAAP recurring EPS was $4.76; operating income more than doubled, signaling improving core profitability. Management provided a detailed release and slide deck. Eversource Energy Reports Full-Year & Fourth Quarter 2025 Results
• Positive Sentiment: Large capital/strategy plan — Coverage notes a US$26.5B plan that reshapes the utility’s outlook, implying sustained investment-led growth that supports regulated earnings and long-term rate base expansion. Eversource Earnings Beat And US$26.5b Plan Reshape Utility Outlook
• Neutral Sentiment: Management commentary and presentation available — The earnings call transcript and slides provide detail on drivers (gas strength, timing of investments, rate cases) that investors will parse for sustainable growth assumptions. Eversource Energy 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Very low short interest in utilities sector — Eversource is reported among the lower short-interest names, which reduces immediate short‑squeeze risk but also indicates less bearish positioning. HE, OTTR draw highest short interest in utilities sector; BIP and ES see lowest short interest
• Negative Sentiment: Guidance vs. street and analyst caution — Eversource set FY2026 EPS guidance of $4.80–$4.95, slightly below the ~$4.97 consensus, and some analysts have issued cautious/reduce recommendations, which could cap near‑term upside. Eversource Energy (NYSE:ES) Given Consensus Recommendation of “Reduce” by Analysts

About Eversource Energy

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.