B. Metzler seel. Sohn & Co. AG Acquires Shares of 75,261 Eversource Energy $ES

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 75,261 Eversource Energy shares during the second quarter, valued at approximately $5.44 million. Institutional investors collectively own about 79.99% of the utility company.
• Eversource reported quarterly EPS of $0.87, in line with analyst expectations, while revenue of $2.90 billion fell short of the $2.99 billion consensus estimate but increased 2.3% year over year. The company maintained fiscal 2026 EPS guidance of $4.57 to $4.72.
• Shares opened at $70.25, below the analyst consensus price target of $72.92. Analyst sentiment remains mixed, with four Buy, six Hold and three Sell ratings, producing an overall “Hold” consensus.

B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of Eversource Energy (NYSE:ES - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 75,261 shares of the utilities provider's stock, valued at approximately $5,439,000.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Eversource Energy by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 47,512,198 shares of the utilities provider's stock worth $3,198,996,000 after purchasing an additional 697,829 shares during the period. BlackRock Inc. bought a new stake in shares of Eversource Energy in the 2nd quarter worth approximately $3,086,413,000. State Street Corp boosted its position in shares of Eversource Energy by 4.7% in the 4th quarter. State Street Corp now owns 28,013,053 shares of the utilities provider's stock worth $1,886,119,000 after purchasing an additional 1,265,802 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Eversource Energy by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 9,635,907 shares of the utilities provider's stock worth $646,233,000 after buying an additional 194,781 shares during the last quarter. Finally, Victory Capital Management Inc. grew its stake in shares of Eversource Energy by 61.8% in the 4th quarter. Victory Capital Management Inc. now owns 9,546,217 shares of the utilities provider's stock worth $642,747,000 after buying an additional 3,645,555 shares during the last quarter. Institutional investors own 79.99% of the company's stock.

Eversource Energy Price Performance

NYSE ES opened at $70.25 on Friday. Eversource Energy has a 12 month low of $61.53 and a 12 month high of $76.57. The stock has a market cap of $26.46 billion, a price-to-earnings ratio of 18.20, a PEG ratio of 5.32 and a beta of 0.70. The company's 50 day moving average is $72.71 and its two-hundred day moving average is $70.98. The company has a current ratio of 0.80, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63.

Eversource Energy (NYSE:ES - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.87 EPS for the quarter, meeting 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 firm earned $0.96 EPS. The company's 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. As a group, research analysts anticipate that Eversource Energy will post 4.64 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on ES shares. Weiss Ratings raised Eversource Energy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, July 10th. Citigroup restated a "hold" rating and set a $81.00 price target on shares of Eversource Energy in a report on Monday, July 27th. Capital One Financial set a $73.00 price target on Eversource Energy in a research report on Wednesday, July 1st. Wells Fargo & Company upped their price target on shares of Eversource Energy from $75.00 to $76.00 and gave the stock an "overweight" rating in a research note on Thursday, July 2nd. Finally, Argus downgraded shares of Eversource Energy from a "buy" rating to a "hold" rating in a research report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $72.92.

Insider Buying and Selling

In other Eversource Energy news, VP Gregory B. Butler sold 7,000 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $69.88, for a total transaction of $489,160.00. Following the completion of the transaction, the vice president owned 56,179 shares of the company's stock, valued at $3,925,788.52. This represents a 11.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is currently owned by 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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