AIA Group Ltd Purchases 18,170 Shares of Eversource Energy $ES

Key Points

• AIA Group Ltd increased its stake in Eversource by 249.4% in Q3, purchasing 18,170 shares to hold 25,455 shares worth about $1.81 million, and institutional investors now own roughly 79.99% of the company.
• Eversource beat quarterly expectations (EPS $1.12 vs. $1.10) with revenue up 13.4% to $3.37B, gave FY2026 guidance of $4.80–$4.95 EPS, and raised its quarterly dividend to $0.7875 (annual $3.15) for a ~4.7% yield.
• Analysts show mixed views with a consensus Hold and $74.30 target (3 Buys, 5 Holds, 3 Sells), while insiders have recently sold 16,381 shares (~$1.21M) over the last 90 days.

AIA Group Ltd increased its position in shares of Eversource Energy (NYSE:ES - Free Report) by 249.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,455 shares of the utilities provider's stock after purchasing an additional 18,170 shares during the period. AIA Group Ltd's holdings in Eversource Energy were worth $1,811,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of ES. Empowered Funds LLC boosted its position in shares of Eversource Energy by 8.9% during the first quarter. Empowered Funds LLC now owns 16,149 shares of the utilities provider's stock worth $1,003,000 after acquiring an additional 1,319 shares during the last quarter. Woodline Partners LP lifted its stake in 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 in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Eversource Energy by 115.1% during the 1st quarter. Acadian Asset Management LLC now owns 1,497 shares of the utilities provider's stock valued at $92,000 after purchasing an additional 801 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings in Eversource Energy by 87.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 58,444 shares of the utilities provider's stock valued at $3,718,000 after buying an additional 27,332 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Eversource Energy by 49.7% during the 2nd quarter. SG Americas Securities LLC now owns 13,323 shares of the utilities provider's stock worth $848,000 after acquiring an additional 4,426 shares in the last quarter. Hedge funds and other institutional investors own 79.99% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ES shares. Mizuho boosted their price target on shares of Eversource Energy from $69.00 to $75.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 17th. Jefferies Financial Group restated an "underperform" rating on shares of Eversource Energy in a report on Monday, November 24th. Weiss Ratings reissued a "hold (c+)" rating on shares of Eversource Energy in a research note on Wednesday, January 28th. Janney Montgomery Scott upgraded shares of Eversource Energy from a "neutral" rating to a "buy" rating and set a $79.00 price target on the stock in a report on Monday, November 24th. Finally, Wells Fargo & Company raised shares of Eversource Energy from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $71.00 to $78.00 in a research report on Tuesday, February 17th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, Eversource Energy presently has a consensus rating of "Hold" and a consensus target price of $74.30.

Eversource Energy Stock Performance

Shares of ES opened at $66.77 on Friday. Eversource Energy has a 12 month low of $52.28 and a 12 month high of $76.41. The stock has a fifty day moving average price of $71.51 and a 200-day moving average price of $69.85. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.66. The firm has a market cap of $25.07 billion, a PE ratio of 14.61, a P/E/G ratio of 3.02 and a beta of 0.76.

Eversource Energy (NYSE:ES - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The utilities provider reported $1.12 EPS for the quarter, beating the consensus estimate of $1.10 by $0.02. The firm had revenue of $3.37 billion during the quarter, compared to analyst estimates of $2.94 billion. Eversource Energy had a net margin of 12.49% and a return on equity of 11.18%. Eversource Energy's revenue was up 13.4% on a year-over-year basis. During the same period last year, the firm posted $1.01 EPS. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. Equities research analysts predict that Eversource Energy will post 4.75 earnings per share for the current fiscal year.

Eversource Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 5th will be issued a $0.7875 dividend. This represents a $3.15 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Thursday, March 5th. This is a positive change from Eversource Energy's previous quarterly dividend of $0.75. Eversource Energy's payout ratio is currently 68.93%.

Insiders Place Their Bets

In related news, insider John Y. Kim sold 6,000 shares of the firm's stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $73.57, for a total transaction of $441,420.00. Following the completion of the sale, the insider directly owned 12,339 shares in the company, valued at approximately $907,780.23. This trade represents a 32.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Cotton M. Cleveland sold 2,581 shares of Eversource Energy stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $74.87, for a total transaction of $193,239.47. Following the sale, the insider owned 79,364 shares of the company's stock, valued at approximately $5,941,982.68. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 16,381 shares of company stock worth $1,211,079. 0.41% of the stock is owned by corporate insiders.

About Eversource Energy

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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