Universal Beteiligungs und Servicegesellschaft mbH Has $29.82 Million Stock Holdings in Eversource Energy $ES

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Eversource Energy (NYSE:ES) by 3.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 443,028 shares of the utilities provider’s stock after purchasing an additional 15,094 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Eversource Energy were worth $29,823,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. United Asset Strategies Inc. lifted its holdings in Eversource Energy by 1.0% during the 3rd quarter. United Asset Strategies Inc. now owns 13,288 shares of the utilities provider’s stock worth $945,000 after buying an additional 138 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in Eversource Energy by 1.1% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,287 shares of the utilities provider’s stock worth $895,000 after buying an additional 142 shares in the last quarter. Mystic Asset Management Inc. lifted its holdings in Eversource Energy by 0.9% during the 3rd quarter. Mystic Asset Management Inc. now owns 16,549 shares of the utilities provider’s stock worth $1,177,000 after buying an additional 150 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in Eversource Energy by 3.3% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,054 shares of the utilities provider’s stock worth $360,000 after buying an additional 162 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Eversource Energy by 4.9% during the 3rd quarter. Parallel Advisors LLC now owns 3,636 shares of the utilities provider’s stock worth $259,000 after buying an additional 169 shares in the last quarter. Institutional investors and hedge funds own 79.99% of the company’s stock.

Insider Activity at Eversource Energy

In other Eversource Energy news, insider John Y. Kim sold 6,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $73.57, for a total transaction of $441,420.00. Following the completion of 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Cotton M. Cleveland sold 2,581 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $74.87, for a total value of $193,239.47. Following the transaction, the insider owned 79,364 shares of the company’s stock, valued at approximately $5,941,982.68. This trade represents a 3.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 16,381 shares of company stock worth $1,211,079 in the last quarter. Corporate insiders own 0.18% of the company’s stock.

Eversource Energy Price Performance

ES opened at $68.83 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.66. Eversource Energy has a 12 month low of $57.35 and a 12 month high of $76.41. The company has a fifty day simple moving average of $71.19 and a 200 day simple moving average of $70.19. The stock has a market cap of $25.87 billion, a P/E ratio of 15.06, a P/E/G ratio of 3.66 and a beta of 0.76.

Eversource Energy (NYSE:ES) last released its quarterly earnings data on Thursday, February 12th. The utilities provider reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.02. Eversource Energy had a net margin of 12.49% and a return on equity of 11.18%. The business had revenue of $3.37 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the prior year, the company earned $1.01 EPS. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. On average, research analysts expect that Eversource Energy will post 4.77 EPS for the current year.

Eversource Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 5th were given a $0.7875 dividend. The ex-dividend date was Thursday, March 5th. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.6%. This is an increase from Eversource Energy’s previous quarterly dividend of $0.75. Eversource Energy’s dividend payout ratio is currently 68.93%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Eversource Energy in a report on Wednesday, January 28th. Seaport Research Partners downgraded Eversource Energy from a “buy” rating to a “neutral” rating in a report on Monday. Wells Fargo & Company reduced their price objective on Eversource Energy from $78.00 to $74.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Scotiabank dropped their target price on shares of Eversource Energy from $66.00 to $63.00 and set a “sector underperform” rating for the company in a research report on Tuesday. Finally, Bank of America reiterated a “buy” rating and set a $72.00 target price on shares of Eversource Energy in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $71.80.

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.