JPMorgan Chase & Co. Increases Position in Eversource Energy $ES

JPMorgan Chase & Co. grew its holdings in Eversource Energy (NYSE:ESFree Report) by 29.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,796,389 shares of the utilities provider’s stock after purchasing an additional 404,515 shares during the quarter. JPMorgan Chase & Co. owned about 0.48% of Eversource Energy worth $127,801,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ES. Neo Ivy Capital Management purchased a new position in Eversource Energy during the second quarter worth approximately $26,000. Root Financial Partners LLC purchased a new stake in Eversource Energy in the 3rd quarter valued at $26,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Eversource Energy during the 3rd quarter worth $27,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Eversource Energy during the 2nd quarter worth $31,000. Finally, Anchor Investment Management LLC boosted its position in shares of Eversource Energy by 122.0% during the 2nd quarter. Anchor Investment Management LLC now owns 546 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 300 shares during the last quarter. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider John Y. Kim sold 6,000 shares of Eversource Energy stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $73.57, for a total value of $441,420.00. Following the completion of the transaction, the insider owned 12,339 shares in the company, valued at approximately $907,780.23. This trade represents a 32.72% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John M. Moreira sold 7,800 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $73.90, for a total value of $576,420.00. Following the transaction, the executive vice president directly owned 43,269 shares of the company’s stock, valued at approximately $3,197,579.10. This represents a 15.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.41% of the company’s stock.

Trending Headlines about Eversource Energy

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

  • Positive Sentiment: Wells Fargo upgraded Eversource, which can support the stock by attracting buyers and validating earnings/growth expectations. Article Title
  • Positive Sentiment: BMO Capital Markets expressed a positive view that the stock price is expected to rise — another bullish analyst note that can help demand. Article Title
  • Positive Sentiment: Mizuho published commentary expecting the stock to rise (separate from its hold stance in another report), which can lend incremental support from discretionary buyers. Article Title
  • Neutral Sentiment: Mizuho also reiterated a Hold rating in a different note — a neutral stance that suggests limited conviction to drive big moves. Article Title
  • Negative Sentiment: Scotiabank cut FY2026 and FY2027 EPS estimates (FY26: from $5.02 to $4.86; FY27: from $5.30 to $5.16), kept a Sector Underperform / $63 target and issued a sell — downward revisions and a low target can pressure the stock and investor sentiment. Article Title
  • Negative Sentiment: Two insiders executed large open‑market sales on Feb 19: EVP John M. Moreira sold 7,800 shares at about $73.90 (SEC filing) and director John Y. Kim sold 6,000 shares at about $73.57 (SEC filing). Large insider sales — especially when they materially reduce ownership — can be read negatively by the market even if proceeds are for diversification. Moreira SEC Filing Kim SEC Filing

Eversource Energy Price Performance

ES opened at $73.59 on Friday. The stock’s 50-day moving average price is $69.00 and its 200 day moving average price is $68.71. Eversource Energy has a 12-month low of $52.28 and a 12-month high of $75.25. The firm has a market cap of $27.63 billion, a price-to-earnings ratio of 16.10, a PEG ratio of 3.17 and a beta of 0.77. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 1.66.

Eversource Energy (NYSE:ESGet Free Report) last issued its quarterly earnings results on Thursday, February 12th. The utilities provider reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.02. Eversource Energy had a net margin of 12.49% and a return on equity of 11.18%. The company had revenue of $3.37 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the firm earned $1.01 earnings per share. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. As a group, sell-side analysts expect that Eversource Energy will post 4.75 earnings per share for the current year.

Eversource Energy Increases Dividend

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

Wall Street Analyst Weigh In

Several research firms recently issued reports on ES. Scotiabank cut their price objective on shares of Eversource Energy from $64.00 to $63.00 and set a “sector underperform” rating for the company in a research report on Thursday, November 20th. Janney Montgomery Scott raised Eversource Energy from a “neutral” rating to a “buy” rating and set a $79.00 price target on the stock in a research note on Monday, November 24th. BMO Capital Markets raised their price objective on Eversource Energy from $75.00 to $79.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Eversource Energy in a research report on Wednesday, January 28th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Eversource Energy in a research note on Monday, November 24th. Three 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 data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $73.90.

Check Out Our Latest Stock Analysis on Eversource Energy

About Eversource Energy

(Free Report)

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.

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Institutional Ownership by Quarter for Eversource Energy (NYSE:ES)

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