Key Points
- Insider sale: Cotton Cleveland sold 2,581 shares at an average price of $74.87 on Feb. 24, reducing his holding by 3.15% to 79,364 shares (worth ≈ $5.94M).
- Dividend increase: Eversource raised its quarterly dividend to $0.7875 (from $0.75), a $3.15 annualized payout with a ~4.2% yield; the record date is Mar. 5 and the payment date is Mar. 31.
- Earnings and guidance: Eversource beat Q results with EPS $1.12 (vs. $1.10) and revenue $3.37B (up 13.4%), set FY2026 guidance of $4.80–$4.95 EPS, and trades near its 52‑week high with a P/E around 16.4.
Eversource Energy (NYSE:ES - Get Free Report) insider Cotton Cleveland sold 2,581 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $74.87, for a total value of $193,239.47. Following the completion of the sale, the insider directly owned 79,364 shares in the company, valued at approximately $5,941,982.68. This trade represents a 3.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Eversource Energy Stock Performance
ES traded up $0.13 during trading on Thursday, reaching $75.05. 318,915 shares of the company were exchanged, compared to its average volume of 2,618,779. Eversource Energy has a 52 week low of $52.28 and a 52 week high of $75.43. 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 firm has a 50 day moving average of $69.42 and a 200 day moving average of $68.91. The stock has a market cap of $28.18 billion, a P/E ratio of 16.44, a PEG ratio of 3.25 and a beta of 0.77.
Eversource Energy (NYSE:ES - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The utilities provider reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.02. Eversource Energy had a net margin of 12.49% and a return on equity of 11.18%. The company had revenue of $3.37 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the previous year, the company posted $1.01 earnings per share. The company's revenue for the quarter was up 13.4% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. On average, sell-side analysts forecast that Eversource Energy will post 4.75 EPS for the current fiscal year.
Eversource Energy Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 5th will be given a dividend of $0.7875 per share. This is a boost from Eversource Energy's previous quarterly dividend of $0.75. This represents a $3.15 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Thursday, March 5th. Eversource Energy's payout ratio is presently 65.86%.
Institutional Trading of Eversource Energy
A number of large investors have recently added to or reduced their stakes in ES. Root Financial Partners LLC acquired a new stake in shares of Eversource Energy during the 3rd quarter valued at $26,000. Lodestone Wealth Management LLC purchased a new stake in shares of Eversource Energy during the fourth quarter valued at $25,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Eversource Energy in the 3rd quarter worth about $27,000. Activest Wealth Management raised its holdings in Eversource Energy by 2,337.5% during the 4th quarter. Activest Wealth Management now owns 390 shares of the utilities provider's stock worth $26,000 after buying an additional 374 shares during the period. Finally, Neo Ivy Capital Management acquired a new stake in Eversource Energy during the 2nd quarter worth about $26,000. 79.99% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on ES. Wells Fargo & Company raised Eversource Energy from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $71.00 to $78.00 in a research note on Tuesday, February 17th. Janney Montgomery Scott upgraded shares of Eversource Energy from a "neutral" rating to a "buy" rating and set a $79.00 price objective on the stock in a research note on Monday, November 24th. BMO Capital Markets increased their target price on shares of Eversource Energy from $75.00 to $79.00 and gave the company a "market perform" rating in a research report on Tuesday, February 17th. UBS Group reduced their price target on shares of Eversource Energy from $78.00 to $73.00 and set a "neutral" rating for the company in a research note on Wednesday, December 17th. Finally, Mizuho raised their price objective on shares of Eversource Energy from $69.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, February 17th. Three equities 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $73.90.
Read Our Latest Report on Eversource Energy
Eversource Energy Company Profile
(
Get Free Report)
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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