108,643 Shares in Eversource Energy $ES Acquired by Osmosis Investment Management UK Ltd

Key Points

• Osmosis Investment Management UK Ltd acquired 108,643 shares of Eversource Energy during the second quarter, worth approximately $7.85 million. Institutional investors collectively own nearly 80% of the company.
• Analyst sentiment is mixed, with four Buy, six Hold, and three Sell ratings. The stock has an average rating of Hold and an average price target of $72.92.
• Eversource reported quarterly EPS of $0.87, matching expectations, while revenue rose 2.3% year over year to $2.90 billion but came in below estimates. The company maintained fiscal 2026 EPS guidance of $4.57 to $4.72.

Osmosis Investment Management UK Ltd acquired a new stake in Eversource Energy (NYSE:ES - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 108,643 shares of the utilities provider's stock, valued at approximately $7,852,000.

A number of other institutional investors have also recently bought and sold shares of ES. Empowered Funds LLC raised its position in shares of Eversource Energy by 8.9% during the 1st quarter. Empowered Funds LLC now owns 16,149 shares of the utilities provider's stock valued at $1,003,000 after acquiring an additional 1,319 shares during the last quarter. Woodline Partners LP boosted its position in shares of Eversource Energy by 40.8% in the 1st quarter. Woodline Partners LP now owns 30,988 shares of the utilities provider's stock worth $1,925,000 after purchasing an additional 8,984 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of Eversource Energy by 115.1% in the 1st quarter. Acadian Asset Management LLC now owns 1,497 shares of the utilities provider's stock worth $92,000 after purchasing an additional 801 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Eversource Energy by 87.9% during the second quarter. Schnieders Capital Management LLC. now owns 58,444 shares of the utilities provider's stock worth $3,718,000 after purchasing an additional 27,332 shares during the period. Finally, Brown Advisory Inc. increased its holdings in Eversource Energy by 4.6% in the second quarter. Brown Advisory Inc. now owns 7,933 shares of the utilities provider's stock valued at $505,000 after purchasing an additional 349 shares during the last quarter. Institutional investors and hedge funds own 79.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Capital One Financial set a $73.00 target price on Eversource Energy in a research note on Wednesday, July 1st. Weiss Ratings upgraded shares of Eversource Energy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, July 10th. Mizuho upped their target price on shares of Eversource Energy from $70.00 to $74.00 and gave the company a "neutral" rating in a research note on Monday, August 3rd. Argus lowered shares of Eversource Energy from a "buy" rating to a "hold" rating in a report on Friday, June 12th. Finally, Wells Fargo & Company lifted their price target on shares of Eversource Energy from $75.00 to $76.00 and gave the stock an "overweight" rating in a research report on Thursday, July 2nd. Four equities research 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. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $72.92.

Insider Activity

In related news, VP Gregory B. Butler sold 7,000 shares of the business's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $69.88, for a total value of $489,160.00. Following the sale, the vice president directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.18% of the stock is owned by corporate insiders.

Eversource Energy Price Performance

Shares of ES opened at $70.25 on Monday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.80. The stock has a 50 day simple moving average of $72.71 and a 200 day simple moving average of $71.00. Eversource Energy has a 52-week low of $61.53 and a 52-week high of $76.57. The firm has a market capitalization of $26.46 billion, a PE ratio of 18.20, a P/E/G ratio of 5.18 and a beta of 0.70.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.