Eversource Energy $ES Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in Eversource Energy (NYSE:ESFree Report) by 29.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,796,389 shares of the utilities provider’s stock after buying an additional 404,515 shares during the quarter. JPMorgan Chase & Co.’s holdings in Eversource Energy were worth $127,801,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ES. Vanguard Group Inc. increased its holdings in shares of Eversource Energy by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 45,652,661 shares of the utilities provider’s stock valued at $2,904,422,000 after acquiring an additional 691,165 shares during the last quarter. State Street Corp boosted its holdings in Eversource Energy by 1.7% in the second quarter. State Street Corp now owns 27,343,038 shares of the utilities provider’s stock valued at $1,739,564,000 after purchasing an additional 465,822 shares in the last quarter. Geode Capital Management LLC increased its stake in Eversource Energy by 2.3% in the second quarter. Geode Capital Management LLC now owns 9,273,415 shares of the utilities provider’s stock valued at $587,449,000 after purchasing an additional 211,962 shares during the last quarter. Magellan Asset Management Ltd raised its holdings in Eversource Energy by 1.1% during the second quarter. Magellan Asset Management Ltd now owns 6,952,127 shares of the utilities provider’s stock worth $442,294,000 after purchasing an additional 75,784 shares in the last quarter. Finally, Norges Bank acquired a new stake in Eversource Energy during the second quarter worth approximately $274,744,000. 79.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their target price on shares of Eversource Energy from $72.00 to $71.00 and set an “underweight” rating for the company in a report on Friday, December 12th. 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 report on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Eversource Energy in a research report on Wednesday, January 28th. Scotiabank decreased their target price on 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. Finally, Mizuho raised their price target on Eversource Energy from $69.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Eversource Energy has an average rating of “Hold” and a consensus target price of $73.90.

View Our Latest Stock Analysis on ES

Eversource Energy News Roundup

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

Insider Buying and Selling at Eversource Energy

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

Eversource Energy Price Performance

Shares of ES opened at $73.59 on Friday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.64 and a current ratio of 0.65. Eversource Energy has a fifty-two week low of $52.28 and a fifty-two week high of $75.25. The firm has a 50-day simple moving average of $69.00 and a 200-day simple moving average of $68.71. The company has a market capitalization of $27.63 billion, a price-to-earnings ratio of 16.10, a price-to-earnings-growth ratio of 3.17 and a beta of 0.77.

Eversource Energy (NYSE:ESGet Free Report) last posted its quarterly earnings data on Thursday, February 12th. The utilities provider reported $1.12 EPS for the quarter, beating 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 firm had revenue of $3.37 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the business earned $1.01 EPS. The firm’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. On average, equities research analysts anticipate that Eversource Energy will post 4.75 earnings per share for the current year.

Eversource Energy Increases Dividend

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

Eversource Energy Company Profile

(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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