Partners Capital Investment Group LLP Invests $718,000 in Eversource Energy $ES

Partners Capital Investment Group LLP bought a new position in shares of Eversource Energy (NYSE:ES) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,929 shares of the utilities provider’s stock, valued at approximately $718,000.

Other institutional investors also recently bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Eversource Energy during the 4th quarter valued at about $1,158,000. F m Investments LLC bought a new stake in shares of Eversource Energy in the fourth quarter worth about $4,854,000. Forsta AP Fonden increased its holdings in shares of Eversource Energy by 118.5% in the fourth quarter. Forsta AP Fonden now owns 243,900 shares of the utilities provider’s stock worth $16,422,000 after purchasing an additional 132,300 shares during the last quarter. John G Ullman & Associates Inc. increased its holdings in shares of Eversource Energy by 19.6% in the fourth quarter. John G Ullman & Associates Inc. now owns 194,800 shares of the utilities provider’s stock worth $13,116,000 after purchasing an additional 31,875 shares during the last quarter. Finally, National Pension Service lifted its position in shares of Eversource Energy by 5.1% in the fourth 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 in the last quarter. 79.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Gregory B. Butler sold 7,000 shares of the firm’s stock in a transaction that occurred 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 directly owned 56,179 shares of the company’s stock, valued at $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 available at this link. 0.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ES shares. Wells Fargo & Company increased their price target on Eversource Energy from $75.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, July 2nd. Capital One Financial set a $73.00 price objective on Eversource Energy in a research note on Wednesday, July 1st. BMO Capital Markets decreased their price objective on Eversource Energy from $73.00 to $72.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. Mizuho increased their target price on Eversource Energy from $70.00 to $74.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Finally, Argus lowered shares of Eversource Energy from a “buy” rating to a “hold” rating in a report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $72.92.

Eversource Energy Stock Up 1.5%

Shares of NYSE ES opened at $71.24 on Tuesday. 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 has a 12-month low of $61.53 and a 12-month high of $76.57. The firm’s 50-day moving average price is $72.75 and its 200-day moving average price is $71.02. The stock has a market capitalization of $26.84 billion, a price-to-earnings ratio of 18.46, a P/E/G ratio of 5.18 and a beta of 0.70.

Eversource Energy (NYSE:ES) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.87 EPS for the quarter, hitting the consensus estimate of $0.87. Eversource Energy had a return on equity of 11.33% and a net margin of 10.35%.The company had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the business posted $0.96 earnings per share. The firm’s revenue was up 2.3% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, equities research analysts anticipate that Eversource Energy will post 4.64 EPS for the current fiscal 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.