Nykredit A S Makes New Investment in Eversource Energy $ES

Key Points

• Nykredit A/S purchased 112,879 shares of Eversource Energy in the second quarter, valued at approximately $8.16 million. Institutional investors and hedge funds collectively own 79.99% of the company.
• Analyst sentiment remains mixed, with four Buy, six Hold and three Sell ratings. The stock has a consensus rating of Hold and an average price target of $72.92.
• Eversource reported quarterly EPS of $0.87, matching estimates, while revenue reached $2.90 billion, up 2.3% year over year but below expectations. Management issued fiscal 2026 EPS guidance of $4.57–$4.72.

Nykredit A S purchased a new stake in Eversource Energy (NYSE:ES - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 112,879 shares of the utilities provider's stock, valued at approximately $8,158,000.

Several other large investors have also modified their holdings of the business. Elevation Wealth Partners LLC raised its position in shares of Eversource Energy by 220.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 349 shares of the utilities provider's stock worth $25,000 after purchasing an additional 240 shares during the last quarter. Edmond DE Rothschild Holding S.A. acquired a new stake in Eversource Energy during the 2nd quarter valued at $26,000. Garton & Associates Financial Advisors LLC purchased a new position in Eversource Energy during the fourth quarter worth $28,000. Godfrey Financial Associates Inc. acquired a new position in shares of Eversource Energy in the fourth quarter worth $29,000. Finally, First Bancorp Inc ME acquired a new position in shares of Eversource Energy in the second quarter worth $30,000. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on ES. Weiss Ratings upgraded Eversource Energy from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, August 31st. Mizuho upped their target price on shares of Eversource Energy from $70.00 to $74.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Argus cut shares of Eversource Energy from a "buy" rating to a "hold" rating in a research note on Friday, June 12th. Capital One Financial set a $73.00 price target on shares of Eversource Energy in a report on Wednesday, July 1st. Finally, BMO Capital Markets cut their price objective on shares of Eversource Energy from $73.00 to $72.00 and set a "market perform" rating for the company in a research report on Wednesday, July 22nd. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $72.92.

Eversource Energy Stock Performance

Eversource Energy stock opened at $71.00 on Friday. The company has a market cap of $26.74 billion, a price-to-earnings ratio of 18.39, a price-to-earnings-growth ratio of 3.08 and a beta of 0.69. Eversource Energy has a 12 month low of $62.45 and a 12 month high of $76.57. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.80 and a quick ratio of 0.74. The stock's 50-day moving average is $72.80 and its 200-day moving average is $71.11.

Eversource Energy (NYSE:ES - Get Free Report) last issued its earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.87. The business had revenue of $2.90 billion during the quarter, compared to analysts' expectations of $2.99 billion. Eversource Energy had a return on equity of 11.33% and a net margin of 10.35%.The company's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business 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 year.

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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