Mizuho Lowers Eversource Energy (NYSE:ES) Price Target to $70.00

Eversource Energy (NYSE:ES) had its price objective cut by equities researchers at Mizuho from $75.00 to $70.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the utilities provider’s stock. Mizuho’s price objective would suggest a potential upside of 3.66% from the company’s current price.

Other research analysts also recently issued research reports about the stock. UBS Group cut their target price on shares of Eversource Energy from $78.00 to $73.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Wells Fargo & Company upgraded shares of Eversource Energy from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $71.00 to $78.00 in a research note on Tuesday, February 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Eversource Energy in a report on Wednesday, January 28th. JPMorgan Chase & Co. boosted their price objective on shares of Eversource Energy from $72.00 to $75.00 and gave the stock an “underweight” rating in a research note on Thursday, March 12th. Finally, Bank of America restated a “buy” rating on shares of Eversource Energy in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $72.30.

Eversource Energy Trading Down 0.6%

Shares of NYSE ES opened at $67.53 on Thursday. Eversource Energy has a twelve month low of $52.28 and a twelve month high of $76.41. The firm has a market cap of $25.36 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 2.94 and a beta of 0.76. The business has a fifty day simple moving average of $71.32 and a two-hundred day simple moving average of $69.99. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.66.

Eversource Energy (NYSE:ES) last posted its quarterly earnings results on Thursday, February 12th. The utilities provider reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.02. The business had revenue of $3.37 billion for the quarter, compared to the consensus estimate of $2.94 billion. Eversource Energy had a return on equity of 11.18% and a net margin of 12.49%.The business’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.01 EPS. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. Analysts expect that Eversource Energy will post 4.75 earnings per share for the current fiscal year.

Insider Transactions at Eversource Energy

In related news, insider John Y. Kim sold 6,000 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $73.57, for a total transaction of $441,420.00. Following the transaction, the insider directly owned 12,339 shares in the company, valued at $907,780.23. The trade was a 32.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Cotton M. Cleveland sold 2,581 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $74.87, for a total value of $193,239.47. Following the completion of the sale, the insider owned 79,364 shares of the company’s stock, valued at approximately $5,941,982.68. This trade represents a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 16,381 shares of company stock valued at $1,211,079 in the last quarter. 0.41% of the stock is currently owned by corporate insiders.

Institutional Trading of Eversource Energy

A number of institutional investors have recently bought and sold shares of ES. Vanguard Group Inc. increased its stake in Eversource Energy by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 47,512,198 shares of the utilities provider’s stock valued at $3,198,996,000 after purchasing an additional 697,829 shares in the last quarter. State Street Corp lifted its stake in shares of Eversource Energy by 4.7% during the fourth quarter. State Street Corp now owns 28,013,053 shares of the utilities provider’s stock worth $1,886,119,000 after buying an additional 1,265,802 shares during the period. Geode Capital Management LLC grew its holdings in shares of Eversource Energy by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 9,635,907 shares of the utilities provider’s stock valued at $646,233,000 after buying an additional 194,781 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of Eversource Energy by 61.8% during the fourth quarter. Victory Capital Management Inc. now owns 9,546,217 shares of the utilities provider’s stock valued at $642,747,000 after buying an additional 3,645,555 shares during the last quarter. Finally, Magellan Asset Management Ltd increased its position in shares of Eversource Energy by 6.5% in the 3rd quarter. Magellan Asset Management Ltd now owns 7,406,785 shares of the utilities provider’s stock valued at $526,919,000 after acquiring an additional 454,658 shares during the period. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Eversource Energy News Summary

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

• Positive Sentiment: Argus upgraded Eversource, which supports investor confidence and suggests upside vs. recent weakness. Eversource Energy Upgraded at Argus
• Neutral Sentiment: Bank of America cut its price target (from $82 to $73) but kept a “buy” rating, signaling view that the shares still have upside despite the regulatory headwinds. Benzinga: Bank of America coverage
• Negative Sentiment: Regulatory ruling: 24/7 Wall St. reports FERC’s ROE reset creates refund risk for utilities, a primary driver of the recent pullback in Eversource shares as investors price in potential rate adjustments and earnings pressure. Eversource Takes a Hit as Regulators Reset ROE and Trigger Refund Risk
• Negative Sentiment: UBS lowered its price target to $74 and moved to a “neutral” view, indicating less upside and contributing to selling pressure. Benzinga: UBS coverage
• Negative Sentiment: Mizuho trimmed its target to $70 and shifted to “neutral,” another downgrade that reinforces market caution on ROE/regulatory risk. Benzinga: Mizuho coverage
• Negative Sentiment: BMO reduced its price recommendation (reported by InsiderMonkey), citing the ROE ruling as the rationale—adding to the chorus of analyst cuts pressuring the stock. Eversource Energy (ES) Price Target Reduced by BMO Capital on ROE Ruling

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.