Landscape Capital Management L.L.C. Has $3.56 Million Holdings in Eversource Energy $ES

Landscape Capital Management L.L.C. lifted its position in shares of Eversource Energy (NYSE:ES) by 54.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,894 shares of the utilities provider’s stock after buying an additional 18,547 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Eversource Energy were worth $3,561,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Lodestone Wealth Management LLC acquired a new stake in shares of Eversource Energy during the fourth quarter worth $25,000. Activest Wealth Management increased its position in shares of Eversource Energy by 2,337.5% during the fourth quarter. Activest Wealth Management now owns 390 shares of the utilities provider’s stock worth $26,000 after buying an additional 374 shares during the period. TFC Financial Management Inc. increased its position in shares of Eversource Energy by 2,857.1% during the fourth quarter. TFC Financial Management Inc. now owns 414 shares of the utilities provider’s stock worth $28,000 after buying an additional 400 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in shares of Eversource Energy during the fourth quarter worth $29,000. Finally, Key Capital Management INC acquired a new stake in shares of Eversource Energy during the fourth quarter worth $29,000. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Eversource Energy Stock Up 0.0%

Eversource Energy stock opened at $68.70 on Monday. Eversource Energy has a 1-year low of $61.53 and a 1-year high of $76.41. The firm has a market capitalization of $25.84 billion, a price-to-earnings ratio of 14.68, a price-to-earnings-growth ratio of 4.54 and a beta of 0.72. The firm’s fifty day moving average price is $68.83 and its two-hundred day moving average price is $69.33. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.62.

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

Eversource Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, May 18th will be given a dividend of $0.7875 per share. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, May 18th. Eversource Energy’s dividend payout ratio (DPR) is presently 67.31%.

Insider Buying and Selling at Eversource Energy

In related news, VP Gregory B. Butler sold 7,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $69.88, for a total transaction of $489,160.00. Following the transaction, the vice president directly owned 56,179 shares of the company’s stock, valued at $3,925,788.52. This trade represents a 11.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ES shares. Argus cut shares of Eversource Energy from a “buy” rating to a “hold” rating in a research report on Friday. Mizuho decreased their price objective 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, March 26th. Seaport Research Partners cut shares of Eversource Energy from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. Bank of America reiterated a “buy” rating and set a $72.00 price objective on shares of Eversource Energy in a research report on Wednesday, April 22nd. Finally, Scotiabank decreased their price objective on shares of Eversource Energy from $66.00 to $63.00 and set a “sector underperform” rating for the company in a research report on Tuesday, April 21st. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $71.70.

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.