Eversource Energy $ES Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in shares of Eversource Energy (NYSE:ES) by 45.7% during the fourth quarter, HoldingsChannel reports. The fund owned 93,932 shares of the utilities provider’s stock after buying an additional 29,453 shares during the period. Natixis Advisors LLC’s holdings in Eversource Energy were worth $6,324,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Tokio Marine Asset Management Co. Ltd. grew its holdings in Eversource Energy by 1.1% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,287 shares of the utilities provider’s stock worth $895,000 after acquiring an additional 142 shares during the period. Northwestern Mutual Investment Management Company LLC grew its holdings in Eversource Energy by 1.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 11,988 shares of the utilities provider’s stock valued at $807,000 after purchasing an additional 160 shares during the last quarter. Parallel Advisors LLC grew its holdings in Eversource Energy by 4.9% in the third quarter. Parallel Advisors LLC now owns 3,636 shares of the utilities provider’s stock valued at $259,000 after purchasing an additional 169 shares during the last quarter. Root Financial Partners LLC grew its holdings in Eversource Energy by 49.9% in the fourth quarter. Root Financial Partners LLC now owns 538 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 179 shares during the last quarter. Finally, Exencial Wealth Advisors LLC grew its holdings in Eversource Energy by 5.7% in the fourth quarter. Exencial Wealth Advisors LLC now owns 3,458 shares of the utilities provider’s stock valued at $233,000 after purchasing an additional 185 shares during the last quarter. Institutional investors and hedge funds own 79.99% of the company’s stock.

Eversource Energy Stock Down 3.6%

Shares of NYSE:ES opened at $68.09 on Tuesday. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.62. Eversource Energy has a 52-week low of $61.53 and a 52-week high of $76.41. The stock’s fifty day simple moving average is $68.82 and its 200-day simple moving average is $69.21. The company has a market capitalization of $25.61 billion, a P/E ratio of 14.55, a P/E/G ratio of 4.68 and a beta of 0.72.

Eversource Energy (NYSE:ES) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.14. Eversource Energy had a return on equity of 11.59% and a net margin of 12.55%.The business had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same period in the prior year, the business earned $1.50 earnings per share. The business’s revenue was up 9.4% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. As a group, equities research analysts forecast that Eversource Energy will post 4.65 earnings per share for the current fiscal year.

Eversource Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, May 18th will be given a $0.7875 dividend. This represents a $3.15 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Monday, May 18th. Eversource Energy’s dividend payout ratio is currently 67.31%.

Insider Activity

In other 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 value of $489,160.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.18% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ES has been the topic of several research reports. Mizuho lowered their target price on Eversource Energy from $75.00 to $70.00 and set a “neutral” rating on the stock in a report on Thursday, March 26th. JPMorgan Chase & Co. upped their target price on Eversource Energy from $72.00 to $75.00 and gave the company an “underweight” rating in a report on Thursday, March 12th. Argus raised Eversource Energy to a “strong-buy” rating in a report on Tuesday, March 24th. Bank of America reissued a “buy” rating and issued a $72.00 target price on shares of Eversource Energy in a report on Wednesday, April 22nd. Finally, BMO Capital Markets lowered their target price on Eversource Energy from $75.00 to $73.00 and set a “market perform” rating on the stock in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $71.70.

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.