Northwestern Mutual Wealth Management Co. Purchases Shares of 27,167 Eversource Energy $ES

Key Points

• Northwestern Mutual Wealth Management acquired 27,167 shares of Eversource Energy in the second quarter, valued at approximately $1.96 million. Institutional investors collectively own 79.99% of the company.
• Eversource reported quarterly earnings of $0.87 per share, matching consensus estimates, while revenue rose 2.3% year over year to $2.90 billion but fell short of expectations. The company maintained fiscal 2026 EPS guidance of $4.57–$4.72.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $72.92. Eversource shares opened at $71.24, while a company vice president recently sold 7,000 shares.

Northwestern Mutual Wealth Management Co. acquired a new position in Eversource Energy (NYSE:ES - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 27,167 shares of the utilities provider's stock, valued at approximately $1,963,000.

Several other hedge funds have also recently made changes to their positions in ES. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Eversource Energy in the fourth quarter worth $1,158,000. F m Investments LLC purchased a new position in Eversource Energy during the fourth quarter valued at $4,854,000. Forsta AP Fonden boosted its holdings in shares of Eversource Energy by 118.5% during the 4th quarter. Forsta AP Fonden now owns 243,900 shares of the utilities provider's stock valued at $16,422,000 after buying an additional 132,300 shares in the last quarter. John G Ullman & Associates Inc. boosted its holdings in shares of Eversource Energy by 19.6% during 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 buying an additional 31,875 shares in the last quarter. Finally, National Pension Service grew its position in shares of Eversource Energy by 5.1% in the 4th quarter. National Pension Service now owns 573,073 shares of the utilities provider's stock worth $38,585,000 after buying an additional 27,798 shares during the period. 79.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Eversource Energy

In other Eversource Energy news, VP Gregory B. Butler sold 7,000 shares of Eversource Energy stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $69.88, for a total value of $489,160.00. Following the completion of the sale, the vice president owned 56,179 shares of the company's stock, valued at approximately $3,925,788.52. This trade represents a 11.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.18% of the company's stock.

Eversource Energy Trading Up 1.5%

Shares of NYSE ES opened at $71.24 on Tuesday. The firm's 50 day moving average price is $72.75 and its 200-day moving average price is $71.02. The company has a market cap of $26.84 billion, a PE ratio of 18.46, a P/E/G ratio of 5.18 and a beta of 0.70. Eversource Energy has a 52-week low of $61.53 and a 52-week high of $76.57. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.80.

Eversource Energy (NYSE:ES - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share 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 company had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter last year, the firm earned $0.96 earnings per share. The firm's quarterly revenue was up 2.3% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, equities research analysts expect that Eversource Energy will post 4.64 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ES has been the subject of several research reports. BMO Capital Markets decreased 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 research note on Wednesday, July 22nd. Wells Fargo & Company upped their price objective on shares of Eversource Energy from $75.00 to $76.00 and gave the stock an "overweight" rating in a 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 note on Monday, July 27th. Argus lowered shares of Eversource Energy from a "buy" rating to a "hold" rating in a report on Friday, June 12th. Finally, Capital One Financial set a $73.00 price target on Eversource Energy in a research report on Wednesday, July 1st. Four 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $72.92.

Eversource Energy Company 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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