Eversource Energy (NYSE:ES) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Eversource Energy has a consensus “Hold” rating from 13 analysts: three rate it a sell, six a hold and four a buy. The average 12-month price target is $72.92, compared with the stock’s $70.30 opening price.
• The company reported quarterly EPS of $0.87, matching expectations, while revenue of $2.90 billion fell short of the $2.99 billion estimate but increased 2.3% year over year. Management provided fiscal 2026 EPS guidance of $4.57–$4.72.
• Institutional investors own approximately 79.99% of outstanding shares, with several large firms recently increasing or initiating positions; meanwhile, a company vice president sold 7,000 shares in June.

Shares of Eversource Energy (NYSE:ES - Get Free Report) have been assigned a consensus rating of "Hold" from the thirteen ratings firms that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $72.9167.

A number of research firms have recently weighed in on ES. Capital One Financial set a $73.00 price target on shares of Eversource Energy in a report on Wednesday, July 1st. Citigroup reiterated a "hold" rating and issued a $81.00 price objective on shares of Eversource Energy in a report on Monday, July 27th. Mizuho increased their target price on shares of Eversource Energy from $70.00 to $74.00 and gave the stock a "neutral" rating in a research report on Monday, August 3rd. 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, Wells Fargo & Company raised their target price on Eversource Energy from $75.00 to $76.00 and gave the company an "overweight" rating in a report on Thursday, July 2nd.

Eversource Energy Trading Down 0.8%

Shares of NYSE ES opened at $70.30 on Tuesday. The business has a 50 day simple moving average of $72.89 and a 200 day simple moving average of $71.12. Eversource Energy has a 52 week low of $62.45 and a 52 week high of $76.57. The stock has a market cap of $26.48 billion, a price-to-earnings ratio of 18.21, a PEG ratio of 5.22 and a beta of 0.70. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.80.

Eversource Energy (NYSE:ES - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.87 earnings per share for the quarter, meeting the consensus estimate of $0.87. The firm had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.99 billion. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The company's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 earnings per share. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, research analysts predict that Eversource Energy will post 4.64 earnings per share for the current fiscal year.

Insider Activity

In other news, VP Gregory B. Butler sold 7,000 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $69.88, for a total transaction of $489,160.00. Following the transaction, the vice president owned 56,179 shares of the company's stock, valued at approximately $3,925,788.52. This represents a 11.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.18% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System boosted its position in Eversource Energy by 6,017.5% during the second quarter. California State Teachers Retirement System now owns 61,782,250 shares of the utilities provider's stock worth $4,465,003,000 after purchasing an additional 60,772,317 shares during the period. BlackRock Inc. bought a new position in shares of Eversource Energy in the second quarter valued at approximately $3,086,413,000. Legal & General Group Plc bought a new position in shares of Eversource Energy in the second quarter valued at approximately $359,215,000. Norges Bank acquired a new stake in shares of Eversource Energy in the fourth quarter worth $324,032,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Eversource Energy by 23,707.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,649,747 shares of the utilities provider's stock worth $313,067,000 after buying an additional 4,630,216 shares during the last quarter. 79.99% of the stock is owned by institutional investors.

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.

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