Concurrent Investment Advisors LLC Has $1.27 Million Stake in Eversource Energy $ES

Key Points

• Concurrent Investment Advisors increased its stake in Eversource by 439% in Q4 to 18,925 shares, now valued at about $1.27 million.
• Eversource beat quarterly expectations with $1.12 EPS (vs. $1.10 est.) and $3.37B revenue (vs. $2.94B est.), and set FY2026 guidance of 4.800–4.950 EPS (analysts forecast ~4.72).
• Insiders have been net sellers—16,381 shares (~$1.21M) sold in the past 90 days—while institutional investors hold roughly 79.99% of the stock and the MarketBeat consensus rating is a "Hold" with an average target of $71.80.

Concurrent Investment Advisors LLC boosted its holdings in shares of Eversource Energy (NYSE:ES - Free Report) by 439.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,925 shares of the utilities provider's stock after purchasing an additional 15,414 shares during the period. Concurrent Investment Advisors LLC's holdings in Eversource Energy were worth $1,274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ES. Root Financial Partners LLC acquired a new stake in shares of Eversource Energy in the 3rd quarter valued at $26,000. Lodestone Wealth Management LLC acquired a new stake in shares of Eversource Energy in the 4th quarter valued at $25,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Eversource Energy in the 3rd quarter valued at $27,000. TFC Financial Management Inc. increased its stake in shares of Eversource Energy by 2,857.1% in the 4th quarter. TFC Financial Management Inc. now owns 414 shares of the utilities provider's stock valued at $28,000 after buying an additional 400 shares during the period. Finally, Key Capital Management INC acquired a new stake in shares of Eversource Energy in the 4th quarter valued at $29,000. 79.99% of the stock is owned by institutional investors and hedge funds.

Eversource Energy Stock Up 3.1%

Shares of Eversource Energy stock opened at $70.87 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.66. Eversource Energy has a 12 month low of $58.03 and a 12 month high of $76.41. The business has a fifty day simple moving average of $70.80 and a 200 day simple moving average of $70.06. The stock has a market cap of $26.64 billion, a PE ratio of 15.51, a price-to-earnings-growth ratio of 4.48 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, topping analysts' consensus estimates of $1.10 by $0.02. Eversource Energy had a return on equity of 11.18% and a net margin of 12.49%.The business had revenue of $3.37 billion during the quarter, compared to analysts' expectations of $2.94 billion. During the same period in the previous year, the firm earned $1.01 earnings per share. The firm's quarterly revenue was up 13.4% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. Research analysts predict that Eversource Energy will post 4.72 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Argus raised Eversource Energy to a "strong-buy" rating in a research note on Tuesday, March 24th. BMO Capital Markets lowered their target price on Eversource Energy from $79.00 to $75.00 and set a "market perform" rating for the company in a research note on Monday, March 23rd. JPMorgan Chase & Co. lifted their price objective on Eversource Energy from $72.00 to $75.00 and gave the stock an "underweight" rating in a research note on Thursday, March 12th. Seaport Research Partners cut Eversource Energy from a "buy" rating to a "neutral" rating in a research note on Monday, April 20th. Finally, Bank of America reaffirmed a "buy" rating and set a $72.00 price objective on shares of Eversource Energy in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Eversource Energy presently has a consensus rating of "Hold" and an average price target of $71.80.

Insiders Place Their Bets

In other Eversource Energy news, insider Cotton M. Cleveland sold 2,581 shares of Eversource Energy stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $74.87, for a total transaction of $193,239.47. Following the transaction, the insider directly owned 79,364 shares in the company, valued at approximately $5,941,982.68. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John Y. Kim sold 6,000 shares of Eversource Energy stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $73.57, for a total value of $441,420.00. Following the transaction, the insider owned 12,339 shares in the company, valued at approximately $907,780.23. This represents a 32.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 16,381 shares of company stock worth $1,211,079. Corporate insiders own 0.18% of the company's stock.

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.

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