Eversource Energy $ES Stock Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its stake in Eversource Energy (NYSE:ES) by 43.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,649,209 shares of the utilities provider’s stock after acquiring an additional 499,666 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.44% of Eversource Energy worth $105,813,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of Eversource Energy in the 2nd quarter valued at about $3,086,413,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Eversource Energy by 1.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,620,413 shares of the utilities provider’s stock valued at $478,457,000 after purchasing an additional 88,163 shares during the period. Legal & General Group Plc acquired a new stake in shares of Eversource Energy in the 2nd quarter valued at about $359,215,000. Deutsche Bank AG purchased a new position in Eversource Energy during the 2nd quarter worth approximately $311,548,000. Finally, Hsbc Holdings PLC purchased a new position in Eversource Energy during the 2nd quarter worth approximately $272,105,000. Institutional investors and hedge funds own 79.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ES. Mizuho lifted their price target on Eversource Energy from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. BMO Capital Markets decreased 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. Capital One Financial set a $73.00 target price on shares of Eversource Energy in a research report on Wednesday, July 1st. JPMorgan Chase & Co. lowered their target price on shares of Eversource Energy from $73.00 to $68.00 and set an “underweight” rating on the stock in a research report on Monday. Finally, Citigroup reaffirmed a “hold” rating and issued a $81.00 target price on shares of Eversource Energy in a report on Monday, July 27th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $73.20.

Eversource Energy Stock Up 0.2%

Eversource Energy stock opened at $65.59 on Thursday. The stock has a 50 day moving average of $68.05 and a two-hundred day moving average of $69.76. Eversource Energy has a twelve month low of $62.72 and a twelve month high of $76.57. The stock has a market capitalization of $24.70 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 2.85 and a beta of 0.67. The company has a current ratio of 0.80, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63.

Eversource Energy (NYSE:ES) last released its earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the previous year, the company posted $0.96 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts expect that Eversource Energy will post 4.63 earnings per share for the current year.

Eversource Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were given a $0.7875 dividend. This represents a $3.15 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, September 21st. Eversource Energy’s dividend payout ratio (DPR) is 81.61%.

About Eversource Energy

Eversource Energy (NYSE: ES) is a New England-based energy delivery company that provides electric and natural gas utility services. Through its regulated operating companies, it delivers electricity to residential, commercial and industrial customers and distributes natural gas to homes and businesses.

The company owns and operates electric transmission and distribution infrastructure, natural gas distribution systems and related utility facilities. Its electric operations include Connecticut Light and Power, NSTAR Electric and Public Service Company of New Hampshire, while its natural gas operations include several utilities serving customers in Connecticut and Massachusetts.