UBS Group Cuts Eversource Energy (NYSE:ES) Price Target to $74.00

Eversource Energy (NYSE:ES) had its target price reduced by UBS Group from $80.00 to $74.00 in a research report report published on Friday morning,Benzinga reports. UBS Group currently has a neutral rating on the utilities provider’s stock.

Other equities analysts have also recently issued research reports about the stock. Argus upgraded shares of Eversource Energy to a “strong-buy” rating in a research note on Tuesday, March 24th. BMO Capital Markets reduced their price objective on shares of Eversource Energy from $79.00 to $75.00 and set a “market perform” rating for the company in a research note on Monday, March 23rd. Bank of America dropped their target price on shares of Eversource Energy from $82.00 to $73.00 and set a “buy” rating on the stock in a research note on Friday. Wells Fargo & Company upgraded shares of Eversource Energy from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $71.00 to $78.00 in a report on Tuesday, February 17th. Finally, Mizuho reduced their price target on shares of Eversource Energy from $75.00 to $70.00 and set a “neutral” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $72.30.

Eversource Energy Stock Performance

Eversource Energy stock opened at $67.53 on Friday. Eversource Energy has a twelve month low of $52.28 and a twelve month high of $76.41. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $25.36 billion, a P/E ratio of 14.78, a PEG ratio of 2.94 and a beta of 0.76. The stock’s 50 day moving average is $71.32 and its 200 day moving average is $70.08.

Eversource Energy (NYSE:ES) last announced its quarterly earnings data on Thursday, February 12th. The utilities provider reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.02. Eversource Energy had a return on equity of 11.18% and a net margin of 12.49%.The business had revenue of $3.37 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the business earned $1.01 earnings per share. The firm’s quarterly 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. On average, equities research analysts predict that Eversource Energy will post 4.75 earnings per share 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. Investors of record on Thursday, March 5th will be issued a $0.7875 dividend. This represents a $3.15 annualized dividend and a yield of 4.7%. The ex-dividend date is Thursday, March 5th. This is a positive change from Eversource Energy’s previous quarterly dividend of $0.75. Eversource Energy’s dividend payout ratio is 68.93%.

Insiders Place Their Bets

In other Eversource Energy news, EVP John M. Moreira sold 7,800 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $73.90, for a total transaction of $576,420.00. Following the transaction, the executive vice president owned 43,269 shares in the company, valued at approximately $3,197,579.10. This represents a 15.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Cotton M. Cleveland sold 2,581 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $74.87, for a total transaction of $193,239.47. Following the sale, the insider directly owned 79,364 shares in the company, valued at approximately $5,941,982.68. The trade was a 3.15% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 16,381 shares of company stock valued at $1,211,079. 0.41% of the stock is owned by insiders.

Institutional Investors Weigh In On Eversource Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in ES. Root Financial Partners LLC bought a new position in shares of Eversource Energy during the 3rd quarter valued at $26,000. Lodestone Wealth Management LLC purchased a new stake in Eversource Energy during the fourth quarter valued at $25,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Eversource Energy during the third quarter valued at $27,000. Activest Wealth Management lifted its holdings in Eversource Energy by 2,337.5% in the fourth quarter. Activest Wealth Management now owns 390 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 374 shares during the period. Finally, TFC Financial Management Inc. lifted its holdings in Eversource Energy by 2,857.1% in the fourth quarter. TFC Financial Management Inc. now owns 414 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 400 shares during the period. Hedge funds and other institutional investors own 79.99% of the company’s stock.

Trending Headlines about Eversource Energy

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

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.