Eversource Energy $ES Stock: Yousif Capital Management LLC Boosts Position

Yousif Capital Management LLC raised its position in shares of Eversource Energy (NYSE:ES) by 6.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,944 shares of the utilities provider’s stock after purchasing an additional 7,679 shares during the period. Yousif Capital Management LLC’s holdings in Eversource Energy were worth $8,722,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Elevation Wealth Partners LLC increased its position in Eversource Energy by 220.2% in the second quarter. Elevation Wealth Partners LLC now owns 349 shares of the utilities provider’s stock worth $25,000 after buying an additional 240 shares during the last quarter. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Eversource Energy during the 2nd quarter valued at $26,000. First Bancorp Inc ME purchased a new position in shares of Eversource Energy during the 2nd quarter valued at $30,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Eversource Energy during the 2nd quarter valued at $36,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Eversource Energy during the 2nd quarter valued at $51,000. 79.99% of the stock is owned by hedge funds and other institutional investors.

Eversource Energy Stock Down 0.5%

Eversource Energy stock opened at $67.47 on Friday. Eversource Energy has a 1-year low of $62.72 and a 1-year high of $76.57. The firm has a market capitalization of $25.42 billion, a price-to-earnings ratio of 17.48, a P/E/G ratio of 2.94 and a beta of 0.67. The company has a current ratio of 0.80, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The firm has a 50 day simple moving average of $67.86 and a 200 day simple moving average of $69.74.

Eversource Energy (NYSE:ES) last issued its earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.87. The business had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.96 EPS. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, analysts predict that Eversource Energy will post 4.63 earnings per share for the current year.

Eversource Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were given a $0.7875 dividend. The ex-dividend date was Monday, September 21st. This represents a $3.15 annualized dividend and a dividend yield of 4.7%. Eversource Energy’s payout ratio is 81.61%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ES. Wells Fargo & Company increased their price target on Eversource Energy from $75.00 to $76.00 and gave the stock an “overweight” rating in a research note on Thursday, July 2nd. Mizuho boosted their price objective on Eversource Energy from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. HSBC initiated coverage on shares of Eversource Energy in a report on Thursday. They set a “hold” rating and a $70.00 price objective on the stock. Citigroup reiterated a “hold” rating and set a $81.00 target price on shares of Eversource Energy in a research report on Monday, July 27th. Finally, BMO Capital Markets cut their target price on shares of Eversource Energy from $73.00 to $72.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $72.91.

Eversource Energy Profile

Eversource Energy (NYSE: ES) is a New England-based energy delivery company that provides electric and natural gas utility services. Through its regulated operating companies, it delivers electricity to residential, commercial and industrial customers and distributes natural gas to homes and businesses.

The company owns and operates electric transmission and distribution infrastructure, natural gas distribution systems and related utility facilities. Its electric operations include Connecticut Light and Power, NSTAR Electric and Public Service Company of New Hampshire, while its natural gas operations include several utilities serving customers in Connecticut and Massachusetts.