Robeco Institutional Asset Management B.V. Increases Holdings in Eversource Energy $ES

Key Points

• Robeco Institutional Asset Management boosted its stake in Eversource by 89.2% in Q4, buying 657,562 shares to own 1,395,106 shares (about 0.37% of the company) valued at roughly $93.93 million.
• Earnings and dividend: Eversource beat quarterly EPS estimates ($1.12 vs. $1.10), raised FY2026 guidance to $4.80–$4.95, and increased its quarterly dividend to $0.7875 (annualized $3.15, ~4.5% yield).
• Insider selling and analyst view: Insiders sold 16,381 shares (~$1.21M) in the last 90 days, including sales by EVP John M. Moreira and John Y. Kim, while analysts maintain a consensus rating of Hold with an average price target of $71.90.

Robeco Institutional Asset Management B.V. increased its stake in Eversource Energy (NYSE:ES - Free Report) by 89.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,395,106 shares of the utilities provider's stock after purchasing an additional 657,562 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.37% of Eversource Energy worth $93,932,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ES. Alps Advisors Inc. grew its position in Eversource Energy by 5.4% during the third quarter. Alps Advisors Inc. now owns 386,853 shares of the utilities provider's stock worth $27,521,000 after buying an additional 19,795 shares in the last quarter. Synergy Asset Management LLC grew its position in Eversource Energy by 287.7% during the third quarter. Synergy Asset Management LLC now owns 160,322 shares of the utilities provider's stock worth $10,783,000 after buying an additional 118,971 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in Eversource Energy by 34.0% during the third quarter. Oregon Public Employees Retirement Fund now owns 42,460 shares of the utilities provider's stock worth $3,021,000 after buying an additional 10,775 shares in the last quarter. Legal & General Group Plc grew its position in Eversource Energy by 1.3% during the third quarter. Legal & General Group Plc now owns 5,088,500 shares of the utilities provider's stock worth $361,996,000 after buying an additional 63,466 shares in the last quarter. Finally, SteelPeak Wealth LLC purchased a new position in Eversource Energy during the third quarter worth about $868,000. 79.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Eversource Energy

In related news, EVP John M. Moreira sold 7,800 shares of the business's stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $73.90, for a total transaction of $576,420.00. Following the transaction, the executive vice president owned 43,269 shares in the company, valued at $3,197,579.10. The trade was a 15.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John Y. Kim sold 6,000 shares of the business's stock in a transaction dated Thursday, February 19th. The shares were 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 16,381 shares of company stock worth $1,211,079 in the last 90 days. Company insiders own 0.18% of the company's stock.

Wall Street Analysts Forecast Growth

ES has been the subject of several recent analyst reports. Mizuho reduced their target price on Eversource Energy from $75.00 to $70.00 and set a "neutral" rating for the company in a research report on Thursday, March 26th. Wells Fargo & Company cut their price objective on Eversource Energy from $78.00 to $74.00 and set an "overweight" rating for the company in a report on Wednesday, April 1st. Weiss Ratings reiterated a "hold (c+)" rating on shares of Eversource Energy in a report on Wednesday, January 28th. JPMorgan Chase & Co. upped their price objective on Eversource Energy from $72.00 to $75.00 and gave the stock an "underweight" rating in a report on Thursday, March 12th. Finally, Bank of America cut their price objective on Eversource Energy from $82.00 to $73.00 and set a "buy" rating for the company in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, Eversource Energy has a consensus rating of "Hold" and an average price target of $71.90.

Eversource Energy Trading Up 0.0%

NYSE ES opened at $70.00 on Monday. Eversource Energy has a 1-year low of $54.70 and a 1-year high of $76.41. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.66. The stock has a 50-day moving average of $71.22 and a 200-day moving average of $70.33. The firm has a market cap of $26.31 billion, a PE ratio of 15.32, a price-to-earnings-growth ratio of 3.77 and a beta of 0.76.

Eversource Energy (NYSE:ES - Get Free Report) last released its earnings results on Thursday, February 12th. The utilities provider reported $1.12 earnings per share for the quarter, beating 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 company had revenue of $3.37 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the previous year, the company posted $1.01 EPS. Eversource Energy's revenue for the quarter was up 13.4% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. As a group, sell-side analysts forecast that Eversource Energy will post 4.75 EPS for the current year.

Eversource Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 5th were issued a dividend of $0.7875 per share. The ex-dividend date was Thursday, March 5th. This represents a $3.15 dividend on an annualized basis and a yield of 4.5%. This is a boost from Eversource Energy's previous quarterly dividend of $0.75. Eversource Energy's dividend payout ratio (DPR) is presently 68.93%.

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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