Eversource Energy $ES Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its stake in Eversource Energy (NYSE:ES) by 10.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,262 shares of the utilities provider’s stock after acquiring an additional 11,127 shares during the period. Sanctuary Advisors LLC’s holdings in Eversource Energy were worth $8,193,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Lodestone Wealth Management LLC acquired a new stake in shares of Eversource Energy during the fourth quarter worth about $25,000. Activest Wealth Management boosted its position in shares of Eversource Energy by 2,337.5% in the 4th quarter. Activest Wealth Management now owns 390 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 374 shares during the period. TFC Financial Management Inc. grew its stake in Eversource Energy by 2,857.1% during the 4th 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 last quarter. Garton & Associates Financial Advisors LLC purchased a new position in Eversource Energy during the 4th quarter worth approximately $28,000. Finally, Key Capital Management INC acquired a new position in Eversource Energy during the fourth quarter worth approximately $29,000. Institutional investors and hedge funds own 79.99% of the company’s stock.

Eversource Energy Stock Performance

NYSE:ES opened at $74.66 on Friday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.65 and a quick ratio of 0.59. The firm has a market cap of $28.08 billion, a price-to-earnings ratio of 15.95, a price-to-earnings-growth ratio of 4.96 and a beta of 0.70. The firm’s fifty day moving average price is $70.72 and its 200 day moving average price is $70.28. Eversource Energy has a 1-year low of $61.53 and a 1-year high of $76.41.

Eversource Energy (NYSE:ES) last released its earnings results on Wednesday, May 6th. The utilities provider reported $1.73 EPS for the quarter, topping the consensus estimate of $1.59 by $0.14. The company had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.21 billion. Eversource Energy had a net margin of 12.55% and a return on equity of 11.59%. The business’s revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the business earned $1.50 EPS. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, sell-side analysts expect that Eversource Energy will post 4.65 EPS for the current year.

Eversource Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, May 18th were given a $0.7875 dividend. The ex-dividend date was Monday, May 18th. This represents a $3.15 dividend on an annualized basis and a yield of 4.2%. Eversource Energy’s dividend payout ratio (DPR) is presently 67.31%.

Insiders Place Their Bets

In other Eversource Energy news, VP Gregory B. Butler sold 7,000 shares of Eversource Energy stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $69.88, for a total value of $489,160.00. Following the sale, the vice president owned 56,179 shares of the company’s stock, valued at approximately $3,925,788.52. The trade was a 11.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ES shares. Seaport Research Partners cut Eversource Energy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Argus cut shares of Eversource Energy from a “buy” rating to a “hold” rating in a report on Friday, June 12th. BMO Capital Markets reiterated a “market perform” rating on shares of Eversource Energy in a research report on Wednesday, July 1st. Weiss Ratings raised shares of Eversource Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 10th. Finally, Bank of America restated a “buy” rating and issued a $72.00 price objective on shares of Eversource Energy in a research note on Wednesday, April 22nd. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $71.91.

Eversource Energy 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.