Global Retirement Partners LLC Makes New $1.15 Million Investment in Eversource Energy $ES

Key Points

• Global Retirement Partners initiated a $1.15 million position in Eversource Energy during the second quarter, purchasing 15,867 shares. Institutional investors and hedge funds collectively own approximately 79.99% of the company.
• Analyst sentiment remains mixed, with four Buy, six Hold, and three Sell ratings; the consensus rating is Hold with an average price target of $72.92.
• Eversource reported quarterly EPS of $0.87, matching estimates, while revenue of $2.90 billion fell short of expectations. Revenue increased 2.3% year over year, and the company maintained fiscal 2026 EPS guidance of $4.57–$4.72.

Global Retirement Partners LLC bought a new stake in shares of Eversource Energy (NYSE:ES - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,867 shares of the utilities provider's stock, valued at approximately $1,147,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Eversource Energy in the fourth quarter valued at $1,158,000. F m Investments LLC purchased a new position in shares of Eversource Energy in the 4th quarter valued at about $4,854,000. Forsta AP Fonden boosted its stake in Eversource Energy by 118.5% in the fourth quarter. Forsta AP Fonden now owns 243,900 shares of the utilities provider's stock valued at $16,422,000 after acquiring an additional 132,300 shares in the last quarter. John G Ullman & Associates Inc. raised its position in Eversource Energy by 19.6% in the 4th quarter. John G Ullman & Associates Inc. now owns 194,800 shares of the utilities provider's stock valued at $13,116,000 after purchasing an additional 31,875 shares during the last quarter. Finally, National Pension Service lifted its holdings in shares of Eversource Energy by 5.1% during the fourth quarter. National Pension Service now owns 573,073 shares of the utilities provider's stock worth $38,585,000 after purchasing an additional 27,798 shares during the period. Institutional investors and hedge funds own 79.99% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on ES shares. Scotiabank lowered their target price on shares of Eversource Energy from $66.00 to $63.00 and set a "sector underperform" rating on the stock in a research report on Tuesday, April 21st. Weiss Ratings raised shares of Eversource Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, July 10th. Bank of America reissued a "buy" rating and issued a $72.00 price objective on shares of Eversource Energy in a research report on Wednesday, April 22nd. BMO Capital Markets lowered their price objective on 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, Wells Fargo & Company raised their price target on Eversource Energy from $75.00 to $76.00 and gave the stock an "overweight" rating in a report on Thursday, July 2nd. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $72.92.

Eversource Energy Price Performance

Shares of NYSE:ES opened at $72.00 on Tuesday. Eversource Energy has a one year low of $61.53 and a one year high of $76.57. The company has a market capitalization of $27.12 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 5.34 and a beta of 0.70. 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 fifty day moving average of $72.49 and a 200-day moving average of $70.92.

Eversource Energy (NYSE:ES - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share for the quarter, meeting analysts' consensus estimates of $0.87. Eversource Energy had a return on equity of 11.33% and a net margin of 10.35%.The business had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the company posted $0.96 EPS. Eversource Energy's revenue for the quarter 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, equities analysts anticipate that Eversource Energy will post 4.64 EPS for the current fiscal year.

Insider Buying and Selling at Eversource Energy

In other Eversource Energy news, VP Gregory B. Butler sold 7,000 shares of Eversource Energy stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $69.88, for a total transaction of $489,160.00. Following the transaction, the vice president directly owned 56,179 shares in the company, valued at approximately $3,925,788.52. The trade was a 11.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.18% of the stock is currently owned by company 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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