Illinois Municipal Retirement Fund Boosts Position in Eversource Energy $ES

Illinois Municipal Retirement Fund raised its holdings in shares of Eversource Energy (NYSE:ES) by 119.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,522 shares of the utilities provider’s stock after acquiring an additional 75,799 shares during the period. Illinois Municipal Retirement Fund’s holdings in Eversource Energy were worth $9,926,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Eversource Energy by 1.5% during the second quarter. Vanguard Group Inc. now owns 45,652,661 shares of the utilities provider’s stock valued at $2,904,422,000 after purchasing an additional 691,165 shares during the period. State Street Corp raised its stake in shares of Eversource Energy by 1.7% during the 2nd quarter. State Street Corp now owns 27,343,038 shares of the utilities provider’s stock valued at $1,739,564,000 after buying an additional 465,822 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Eversource Energy by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 9,273,415 shares of the utilities provider’s stock valued at $587,449,000 after buying an additional 211,962 shares during the period. Magellan Asset Management Ltd boosted its stake in shares of Eversource Energy by 1.1% in the second quarter. Magellan Asset Management Ltd now owns 6,952,127 shares of the utilities provider’s stock worth $442,294,000 after buying an additional 75,784 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Eversource Energy in the second quarter worth about $274,744,000. Institutional investors and hedge funds own 79.99% of the company’s stock.

More Eversource Energy News

Here are the key news stories impacting Eversource Energy this week:

• Positive Sentiment: Q4 earnings and revenue beat — Eversource reported $1.12 EPS vs. a $1.10 consensus and revenue of $3.37B vs. $2.94B, showing year‑over‑year growth and beating estimates. Eversource Energy (ES) Beats Q4 Earnings Estimates
• Positive Sentiment: Operational tailwinds — management cited stronger results in the gas business and the absence of last year’s one‑time charges as drivers of higher quarterly profit. Eversource posts rise in quarterly profit as gas earnings strengthen, one‑time charges fade
• Positive Sentiment: Analyst commentary and outlook pieces highlight continued growth potential and a stronger 2025/2026 profile, supporting the company’s longer‑term regulated earnings thesis. Eversource Energy Projects Strong Growth With 2026 Outlook
• Positive Sentiment: Low short interest in ES relative to peers reduces near‑term downside risk from short squeezes and signals limited bearish positioning in the sector. HE, OTTR draw highest short interest in utilities sector; BIP and ES see lowest short interest
• Neutral Sentiment: Company presentation and filings posted with the quarter provide detail on results and capital plans (slides and press release available for review). View Press Release
• Negative Sentiment: FY‑2026 EPS guidance came in at $4.80–$4.95, which is slightly below the Street consensus (~$4.97). That modest shortfall caps upside and is a key reason some investors are trimming expectations.
• Negative Sentiment: Analyst consensus rating moved to “Reduce,” adding selling pressure and suggesting analysts may trim estimates or target prices in the near term. Eversource Energy (NYSE:ES) Given Consensus Recommendation of “Reduce” by Analysts

Eversource Energy Stock Up 0.3%

Shares of NYSE ES opened at $70.42 on Friday. The firm has a market cap of $26.42 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 3.00 and a beta of 0.77. The company’s 50-day simple moving average is $68.31 and its 200-day simple moving average is $68.39. The company has a quick ratio of 0.64, a current ratio of 0.71 and a debt-to-equity ratio of 1.68. Eversource Energy has a 52-week low of $52.28 and a 52-week high of $75.25.

Eversource Energy (NYSE:ES) last posted its quarterly earnings data on Thursday, February 12th. The utilities provider reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.02. Eversource Energy had a return on equity of 11.06% and a net margin of 10.22%.The company had revenue of $3.37 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the previous year, the firm posted $1.01 EPS. Eversource Energy’s revenue 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. Equities analysts predict that Eversource Energy will post 4.75 EPS for the current fiscal year.

Eversource Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 5th will be paid a $0.7875 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.15 annualized dividend and a yield of 4.5%. This is an increase from Eversource Energy’s previous quarterly dividend of $0.75. Eversource Energy’s dividend payout ratio is currently 82.47%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ES. Jefferies Financial Group reiterated an “underperform” rating on shares of Eversource Energy in a research report on Monday, November 24th. TD Cowen initiated coverage on shares of Eversource Energy in a report on Thursday, October 16th. They set a “hold” rating and a $76.00 target price for the company. Bank of America raised shares of Eversource Energy from a “neutral” rating to a “buy” rating and increased their price target for the stock from $73.00 to $85.00 in a report on Tuesday, October 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Eversource Energy in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company downgraded shares of Eversource Energy from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $79.00 to $63.00 in a research report on Wednesday, November 19th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Eversource Energy currently has a consensus rating of “Reduce” and a consensus target price of $71.50.

About Eversource Energy

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.