Eversource Energy
About: Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). In 2024 Eversource exited its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.
Employees: 10,171
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
110% more call options, than puts
Call options by funds: $31M | Put options by funds: $14.8M
83% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 66
20% more capital invested
Capital invested by funds: $16.7B [Q2] → $20B (+$3.32B) [Q3]
15% more repeat investments, than reductions
Existing positions increased: 304 | Existing positions reduced: 264
6% more funds holding
Funds holding: 798 [Q2] → 843 (+45) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
1.08% less ownership
Funds ownership: 83.77% [Q2] → 82.69% (-1.08%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$52
10%
downside
Avg. target
$54
7%
downside
High target
$56
3%
downside
2 analyst ratings
0 positive
0%
0 neutral
0%
2 negative
100%
Scotiabank Andrew Weisel 50% 1-year accuracy 14 / 28 met price target | 3%downside $56 | Sector Underperform Downgraded | 12 Dec 2024 |
Jefferies Paul Zimbardo 67% 1-year accuracy 4 / 6 met price target | 10%downside $52 | Underperform Initiated | 3 Dec 2024 |
Financial journalist opinion
Based on 7 articles about ES published over the past 30 days
Positive
Seeking Alpha
2 days ago
January's 5 Dividend Growth Stocks With 4.57%+ Yields
Dividend growth stocks, though not often the most exciting, can offer stable, predictable and inflation-fighting income over time. The screening parameters we look at include dividend safety, growth, and consistency, which can help more passive investors look for potential opportunities. This is then sorted by the highest dividend yield, and we look to provide quick updates or coverage on the top five, but skipping those that we have covered more.
Neutral
Business Wire
1 week ago
Eversource Completes Greater Boston and New Hampshire Solution Suite of Transmission Projects with Energization of Sudbury to Hudson Transmission Line
BOSTON--(BUSINESS WIRE)--Eversource today announced the energization of the Sudbury to Hudson Transmission Reliability Project, which marks the completion of Eversource and National Grid's Greater Boston and New Hampshire Solution to strengthen the resiliency of the region's electric transmission system against extreme weather and improve reliability for customers. Sudbury to Hudson in eastern Massachusetts was the final project completed in a suite of 50 projects included in the broader region.
Positive
Seeking Alpha
1 week ago
3 Ideal Buys From 51 'Safer' Dividends In 100 January Barron's Sustainable Dogs
Calvert Research and Management's annual review identified the top 100 sustainable companies based on over 230 ESG performance indicators, including workplace diversity and greenhouse-gas emissions. Eight dividend-paying sustainable companies offer annual dividends from a $1K investment exceeding their single share prices, signaling potential buy opportunities. Analysts forecast net gains of 27.62% to 59.85% for top ESG companies by January 2026, with Regions Financial leading at an estimated 59.84%.
Positive
Seeking Alpha
2 weeks ago
5 High-Yield Infrastructure Stocks Looking Cheap On The Dip
The infrastructure sector is set for strong growth in the coming years. However, there are numerous attractive opportunities in the sector right now. I discuss five of them.
Positive
Seeking Alpha
2 weeks ago
My Top 10 Utilities For 2025
Long-term rates have risen, creating potential buying opportunities for utilities like AEP, AWK, AWR, BKH, ES, EVRG, SJW, WEC, WTRG, and XEL. These utilities have strong fundamentals, attractive valuations, and investment-grade balance sheets, offering potential total returns of 20% to 56% by 2025. Despite rate sensitivity, these utilities are well-positioned for long-term growth with secure dividends and robust balance sheets.
Neutral
Business Wire
3 weeks ago
Eversource Acquires Mystic Property from Constellation
BOSTON--(BUSINESS WIRE)--With a focus on helping to enable Massachusetts' unprecedented clean energy transition while ensuring safe, reliable service for customers across New England, Eversource has acquired a 26-acre portion of the Mystic property from Constellation Energy. Eversource has not developed specific plans for the site at this time, but its strategic location, historic use, and existing infrastructure uniquely position it as a potential multi-use energy interconnection hub for large.
Positive
Benzinga
3 weeks ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
Business Wire
1 month ago
Eversource Named Among America's Most Responsible Companies by Newsweek for Sixth Straight Year
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--For the sixth year in a row, Eversource Energy (NYSE: ES) has again been recognized by Newsweek and Statista Inc. as one of America's Most Responsible Companies for 2025. The prestigious award highlights the energy company's excellence in environmental, social, and corporate governance (ESG) initiatives – reaffirming Eversource's steadfast commitment to sustainability throughout its operations and a workplace culture that deeply embraces the values of.
Positive
Seeking Alpha
1 month ago
Eversource Energy: An Undervalued Solid Power Utility Stock
Eversource Energy, an American utility holding company, is now a $24 billion (by market cap) major utility player. ES has increased its dividend for 26 consecutive years, with a 10-year dividend growth rate of 6.3%. Eversource Energy moved its revenue from $7.7 billion in FY 2014 to $11.9 billion in FY 2023, a compound annual growth rate of 5%.
Neutral
Business Wire
1 month ago
Eversource Energy Declares Common Dividend
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--The Board of Trustees of Eversource Energy (NYSE:ES) today approved a quarterly dividend of $0.715 per share, payable on December 31, 2024, to shareholders of record as of the close of business on December 18, 2024. Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is among the top energy companies in Newsweek's list of America's Most Responsible Companies for 2024 and recognized as a Five-Year Champion, appearing in.
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