Eversource Energy $ES Holdings Raised by National Pension Service

Key Points

• National Pension Service increased its Eversource Energy stake by 4.1% in the second quarter, bringing its holdings to 729,627 shares valued at approximately $52.7 million. Institutional investors collectively own about 79.99% of the company.
• Eversource reported quarterly EPS of $0.87, matching analyst expectations, while revenue reached $2.90 billion, up 2.3% year over year but below estimates. The company maintained fiscal 2026 EPS guidance of $4.57–$4.72.
• The utility declared a quarterly dividend of $0.7875 per share, or $3.15 annualized, representing a 4.6% yield. Analysts have a consensus “Hold” rating and an average price target of $72.92, compared with the stock’s reported price of $68.59.

National Pension Service boosted its stake in shares of Eversource Energy (NYSE:ES - Free Report) by 4.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 729,627 shares of the utilities provider's stock after buying an additional 28,620 shares during the period. National Pension Service owned about 0.19% of Eversource Energy worth $52,730,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ES. California State Teachers Retirement System increased its position in shares of Eversource Energy by 6,017.5% in 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 acquiring an additional 60,772,317 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Eversource Energy in the 2nd quarter valued at approximately $3,086,413,000. State Street Corp boosted its stake in 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 during the period. Geode Capital Management LLC raised its stake in Eversource Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 9,635,907 shares of the utilities provider's stock valued at $646,233,000 after purchasing an additional 194,781 shares during the period. Finally, Victory Capital Management Inc. boosted its position in shares of Eversource Energy by 61.8% in the fourth 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 period. 79.99% of the stock is owned by hedge funds and other institutional investors.

Eversource Energy Trading Down 0.6%

ES stock opened at $68.59 on Friday. Eversource Energy has a 1-year low of $62.89 and a 1-year high of $76.57. The company has a current ratio of 0.80, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The business's 50 day moving average is $72.47 and its 200-day moving average is $71.00. The firm has a market cap of $25.84 billion, a P/E ratio of 17.77, a P/E/G ratio of 2.97 and a beta of 0.69.

Eversource Energy (NYSE:ES - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.87 EPS for the quarter, meeting the consensus estimate of $0.87. The business had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.99 billion. Eversource Energy had a return on equity of 11.33% and a net margin of 10.35%.Eversource Energy's quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.96 EPS. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. Equities analysts anticipate that Eversource Energy will post 4.65 earnings per share for the current fiscal year.

Eversource Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a dividend of $0.7875 per share. This represents a $3.15 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Monday, September 21st. Eversource Energy's dividend payout ratio is presently 81.61%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ES. Weiss Ratings raised Eversource Energy from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, August 31st. Wells Fargo & Company upped their target price on Eversource Energy from $75.00 to $76.00 and gave the stock an "overweight" rating in a research report on Thursday, July 2nd. Citigroup reaffirmed a "hold" rating and set a $81.00 target price on shares of Eversource Energy in a research report on Monday, July 27th. BMO Capital Markets reduced their price target on shares of Eversource Energy from $73.00 to $72.00 and set a "market perform" rating for the company in a report on Wednesday, July 22nd. Finally, Argus downgraded Eversource Energy from a "buy" rating to a "hold" rating in a research report on Friday, June 12th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $72.92.

Eversource Energy Profile

Eversource Energy is a public utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers in the northeastern United States. Through its regulated utility subsidiaries, the company operates electric distribution systems, natural gas distribution networks and electric transmission infrastructure.

Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire. Its operations include maintaining utility infrastructure, connecting customers to energy services, managing power delivery and investing in projects designed to support system reliability and the transition to cleaner energy.

The company traces its history to Northeast Utilities, which adopted the Eversource Energy name in 2015.

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