Focus Partners Advisor Solutions LLC Invests $1 Million in Eversource Energy $ES

Focus Partners Advisor Solutions LLC acquired a new stake in Eversource Energy (NYSE:ES) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,922 shares of the utilities provider’s stock, valued at approximately $1,004,000.

Several other institutional investors and hedge funds have also modified their holdings of ES. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Eversource Energy by 7.9% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 419,251 shares of the utilities provider’s stock valued at $26,673,000 after buying an additional 30,641 shares during the period. Alps Advisors Inc. increased its stake in shares of Eversource Energy by 5.4% during the 3rd quarter. Alps Advisors Inc. now owns 386,853 shares of the utilities provider’s stock valued at $27,521,000 after acquiring an additional 19,795 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Eversource Energy by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 45,652,661 shares of the utilities provider’s stock worth $2,904,422,000 after acquiring an additional 691,165 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Eversource Energy by 31.1% in the second quarter. Advisors Asset Management Inc. now owns 39,391 shares of the utilities provider’s stock worth $2,506,000 after acquiring an additional 9,350 shares during the last quarter. Finally, Synergy Asset Management LLC boosted its position in shares of Eversource Energy by 287.7% in the third quarter. Synergy Asset Management LLC now owns 160,322 shares of the utilities provider’s stock worth $10,783,000 after acquiring an additional 118,971 shares during the last quarter. Hedge funds and other institutional investors own 79.99% of the company’s stock.

Insider Buying and Selling at Eversource Energy

In other news, insider John Y. Kim sold 6,000 shares of Eversource Energy stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $73.57, for a total transaction of $441,420.00. Following the sale, the insider owned 12,339 shares in the company, valued at $907,780.23. This trade represents a 32.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Cotton M. Cleveland sold 2,581 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $74.87, for a total transaction of $193,239.47. Following the transaction, the insider directly owned 79,364 shares in the company, valued at approximately $5,941,982.68. The trade was a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 16,381 shares of company stock valued at $1,211,079 over the last 90 days. 0.41% of the stock is owned by corporate insiders.

Eversource Energy Trading Up 1.0%

NYSE:ES opened at $74.58 on Friday. The business’s 50-day moving average is $70.52 and its two-hundred day moving average is $69.33. The firm has a market capitalization of $28.00 billion, a PE ratio of 16.32, a price-to-earnings-growth ratio of 3.20 and a beta of 0.76. Eversource Energy has a 12 month low of $52.28 and a 12 month high of $76.41. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.65 and a quick ratio of 0.59.

Eversource Energy (NYSE:ES) last issued its earnings results 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. Eversource Energy had a return on equity of 11.18% and a net margin of 12.49%.The company had revenue of $3.37 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the business earned $1.01 earnings per share. The company’s revenue 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. Research analysts predict that Eversource Energy will post 4.75 earnings per share for the current fiscal year.

Eversource Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 5th will be issued a $0.7875 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.15 dividend on an annualized basis and a yield of 4.2%. This is a boost from Eversource Energy’s previous quarterly dividend of $0.75. Eversource Energy’s dividend payout ratio (DPR) is currently 68.93%.

Analyst Ratings Changes

Several equities analysts recently commented on ES shares. UBS Group dropped their price target on shares of Eversource Energy from $78.00 to $73.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Janney Montgomery Scott upgraded shares of Eversource Energy from a “neutral” rating to a “buy” rating and set a $79.00 price target on the stock in a report on Monday, November 24th. Scotiabank lowered 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 note on Thursday, November 20th. Jefferies Financial Group restated an “underperform” rating on shares of Eversource Energy in a report on Monday, November 24th. Finally, Mizuho increased their target price on Eversource Energy from $69.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $73.90.

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.