Bank of America Has Lowered Expectations for Eversource Energy (NYSE:ES) Stock Price

Eversource Energy (NYSE:ES) had its price target cut by equities research analysts at Bank of America from $82.00 to $73.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the utilities provider’s stock. Bank of America‘s price objective indicates a potential upside of 8.10% from the company’s current price.

A number of other research analysts have also weighed in on the company. UBS Group cut their price objective on Eversource Energy from $78.00 to $73.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Argus upgraded Eversource Energy to a “strong-buy” rating in a research report on Tuesday, March 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Eversource Energy in a report on Wednesday, January 28th. Mizuho reduced their price target on shares of Eversource Energy from $75.00 to $70.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Wells Fargo & Company upgraded shares of Eversource Energy from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $71.00 to $78.00 in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $72.30.

Eversource Energy Price Performance

Shares of ES opened at $67.53 on Friday. The firm has a market capitalization of $25.36 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 2.93 and a beta of 0.76. 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 has a 1-year low of $52.28 and a 1-year high of $76.41. The company’s fifty day moving average price is $71.32 and its 200-day moving average price is $70.04.

Eversource Energy (NYSE:ES) last issued its 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 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 analyst estimates of $2.94 billion. During the same quarter last year, the business posted $1.01 EPS. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. On average, equities research analysts predict that Eversource Energy will post 4.75 EPS for the current year.

Insider Transactions at Eversource Energy

In other Eversource Energy news, insider John Y. Kim sold 6,000 shares of the business’s stock in a transaction that occurred on 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 directly owned 12,339 shares of the company’s stock, valued at approximately $907,780.23. The trade was a 32.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Cotton M. Cleveland sold 2,581 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $74.87, for a total value of $193,239.47. Following the completion of the sale, the insider owned 79,364 shares in the company, valued at approximately $5,941,982.68. This represents a 3.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 16,381 shares of company stock worth $1,211,079 over the last quarter. 0.41% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Eversource Energy

Institutional investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. lifted its stake in shares of Eversource Energy by 15.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 11,101 shares of the utilities provider’s stock valued at $748,000 after purchasing an additional 1,458 shares during the period. World Investment Advisors grew its position in Eversource Energy by 82.0% during the fourth quarter. World Investment Advisors now owns 7,564 shares of the utilities provider’s stock valued at $509,000 after buying an additional 3,407 shares during the period. Corient Private Wealth LLC increased its holdings in Eversource Energy by 26.2% in the fourth quarter. Corient Private Wealth LLC now owns 77,101 shares of the utilities provider’s stock valued at $5,192,000 after buying an additional 16,021 shares in the last quarter. Union Savings Bank purchased a new position in Eversource Energy in the fourth quarter valued at $841,000. Finally, SHP Wealth Management acquired a new position in shares of Eversource Energy in the fourth quarter worth about $1,917,000. 79.99% of the stock is owned by hedge funds and other institutional investors.

Eversource Energy News Roundup

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

• Positive Sentiment: Argus upgraded Eversource, which supports investor confidence and suggests upside vs. recent weakness. Eversource Energy Upgraded at Argus
• Neutral Sentiment: Bank of America cut its price target (from $82 to $73) but kept a “buy” rating, signaling view that the shares still have upside despite the regulatory headwinds. Benzinga: Bank of America coverage
• Negative Sentiment: Regulatory ruling: 24/7 Wall St. reports FERC’s ROE reset creates refund risk for utilities, a primary driver of the recent pullback in Eversource shares as investors price in potential rate adjustments and earnings pressure. Eversource Takes a Hit as Regulators Reset ROE and Trigger Refund Risk
• Negative Sentiment: UBS lowered its price target to $74 and moved to a “neutral” view, indicating less upside and contributing to selling pressure. Benzinga: UBS coverage
• Negative Sentiment: Mizuho trimmed its target to $70 and shifted to “neutral,” another downgrade that reinforces market caution on ROE/regulatory risk. Benzinga: Mizuho coverage
• Negative Sentiment: BMO reduced its price recommendation (reported by InsiderMonkey), citing the ROE ruling as the rationale—adding to the chorus of analyst cuts pressuring the stock. Eversource Energy (ES) Price Target Reduced by BMO Capital on ROE Ruling

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.