Envestnet Asset Management Inc. Sells 13,515 Shares of Eversource Energy $ES

Envestnet Asset Management Inc. lowered its position in Eversource Energy (NYSE:ES) by 3.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 390,355 shares of the utilities provider’s stock after selling 13,515 shares during the period. Envestnet Asset Management Inc. owned about 0.11% of Eversource Energy worth $27,770,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Root Financial Partners LLC acquired a new stake in shares of Eversource Energy during the third quarter worth about $26,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Eversource Energy during the 3rd quarter worth approximately $27,000. Neo Ivy Capital Management acquired a new stake in Eversource Energy during the 2nd quarter worth approximately $26,000. Elevation Point Wealth Partners LLC bought a new position in Eversource Energy in the second quarter valued at approximately $31,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Eversource Energy in the third quarter valued at approximately $36,000. 79.99% of the stock is currently owned by institutional investors.

Eversource Energy Price Performance

Shares of ES opened at $70.42 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.64 and a debt-to-equity ratio of 1.68. The company’s fifty day simple moving average is $68.31 and its 200 day simple moving average is $68.39. Eversource Energy has a 1-year low of $52.28 and a 1-year high of $75.25. The company has a market cap of $26.42 billion, a price-to-earnings ratio of 19.29, a PEG ratio of 3.00 and a beta of 0.77.

Eversource Energy (NYSE:ES) last released its quarterly earnings data on Thursday, February 12th. The utilities provider reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.02. The company had revenue of $3.37 billion for the quarter, compared to analyst estimates of $2.94 billion. Eversource Energy had a net margin of 10.22% and a return on equity of 11.06%. Eversource Energy’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.01 EPS. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. On average, research analysts forecast that Eversource Energy will post 4.75 earnings per share for the current fiscal year.

Eversource Energy Increases Dividend

The firm also recently announced 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. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, March 5th. This is a boost from Eversource Energy’s previous quarterly dividend of $0.75. Eversource Energy’s payout ratio is presently 82.47%.

More Eversource Energy News

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

• Positive Sentiment: Q4 results beat expectations: ES reported $1.12 EPS vs. the $1.10 consensus and revenue of $3.37B (up 13.4% YoY), which underpins today’s upside. Eversource Energy (ES) Beats Q4 Earnings Estimates
• Positive Sentiment: Operational strength in gas business and absence of prior one‑time charges helped drive higher quarterly profit, supporting margin recovery. Eversource posts rise in quarterly profit as gas earnings strengthen, one‑time charges fade
• Positive Sentiment: Company and commentators project continued growth for 2026, highlighting stronger GAAP results for 2025 and an outlook that supports longer‑term earnings progression. Eversource Energy Projects Strong Growth With 2026 Outlook
• Neutral Sentiment: Investor positioning: ES sits among the utilities with relatively low short interest, meaning limited downside from short‑covering dynamics but also fewer aggressive bearish bets to amplify moves. HE, OTTR draw highest short interest in utilities sector; BIP and ES see lowest short interest
• Negative Sentiment: FY‑2026 EPS guidance set at $4.80–$4.95, modestly below the consensus ~$4.97 — that gap is likely the primary source of downward pressure as investors re‑price forward growth expectations and valuation multiples.
• Negative Sentiment: Analyst stance: a recent consensus recommendation of “Reduce” adds selling pressure and signals some brokers see limited near‑term upside or heightened regulatory/operational risk. Eversource Energy (NYSE:ES) Given Consensus Recommendation of “Reduce” by Analysts

Analysts Set New Price Targets

A number of equities research analysts recently commented on ES shares. Bank of America upgraded shares of Eversource Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $73.00 to $85.00 in a report on Tuesday, October 21st. Wells Fargo & Company downgraded Eversource Energy from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $79.00 to $63.00 in a research note on Wednesday, November 19th. Weiss Ratings restated a “hold (c+)” rating on shares of Eversource Energy in a report on Wednesday, January 28th. BMO Capital Markets reduced their price objective on Eversource Energy from $79.00 to $77.00 and set a “market perform” rating for the company in a research report on Thursday, November 6th. Finally, Scotiabank dropped their target price on Eversource Energy from $64.00 to $63.00 and set a “sector underperform” rating on the stock in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $71.50.

Eversource Energy Company 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.