Eversource Energy
About: Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric and gas distribution service to more than 4 million customers in the Northeast US. The company plans to sell its water utility, Aquarion, in 2025. Eversource 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 US. The company exited most of its unregulated businesses in 2006.
Employees: 10,680
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
119% more call options, than puts
Call options by funds: $18.8M | Put options by funds: $8.61M
20% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]
18% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 94
12% more repeat investments, than reductions
Existing positions increased: 316 | Existing positions reduced: 282
0.5% more ownership
Funds ownership: 82.18% [Q3] → 82.68% (+0.5%) [Q4]
0% more funds holding
Funds holding: 847 [Q3] → 850 (+3) [Q4]
13% less capital invested
Capital invested by funds: $19.9B [Q3] → $17.4B (-$2.54B) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
BMO Capital James Thalacker 77% 1-year accuracy 57 / 74 met price target | 21%upside $72 | Market Perform Maintained | 28 Apr 2025 |
JP Morgan Jeremy Tonet 63% 1-year accuracy 25 / 40 met price target | 3%downside $58 | Underweight Downgraded | 10 Apr 2025 |
Scotiabank Andrew Weisel 84% 1-year accuracy 21 / 25 met price target | 8%downside $55 | Sector Underperform Maintained | 13 Feb 2025 |
Wells Fargo Neil Kalton 61% 1-year accuracy 30 / 49 met price target | 26%upside $75 | Overweight Maintained | 13 Feb 2025 |
Financial journalist opinion
Based on 10 articles about ES published over the past 30 days
