Eversource Energy $ES Shares Sold by Westpac Banking Corp

Posted by Brian Himes on Jun 3rd, 2026

Westpac Banking Corp reduced its holdings in Eversource Energy (NYSE:ES – Free Report) by 9.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 109,215 shares of the utilities provider’s stock after selling 11,230 shares during the period. Westpac Banking Corp’s holdings in Eversource Energy were worth $7,353,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Alps Advisors Inc. grew its holdings in Eversource Energy by 5.4% in the third quarter. Alps Advisors Inc. now owns 386,853 shares of the utilities provider’s stock valued at $27,521,000 after purchasing an additional 19,795 shares during the period. Russell Investments Group Ltd. grew its holdings in Eversource Energy by 87.2% in the third quarter. Russell Investments Group Ltd. now owns 1,060,902 shares of the utilities provider’s stock valued at $75,461,000 after purchasing an additional 494,158 shares during the period. Aventail Capital Group LP grew its holdings in Eversource Energy by 134.6% in the third quarter. Aventail Capital Group LP now owns 1,366,121 shares of the utilities provider’s stock valued at $97,186,000 after purchasing an additional 783,768 shares during the period. Caprock Group LLC acquired a new stake in Eversource Energy in the third quarter valued at approximately $1,511,000. Finally, Legal & General Group Plc grew its holdings in Eversource Energy by 1.3% in the third quarter. Legal & General Group Plc now owns 5,088,500 shares of the utilities provider’s stock valued at $361,996,000 after purchasing an additional 63,466 shares during the period. 79.99% of the stock is owned by institutional investors and hedge funds.

Eversource Energy Trading Up 2.8%

Shares of NYSE ES opened at $68.48 on Wednesday. Eversource Energy has a twelve month low of $61.53 and a twelve month high of $76.41. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.62. The stock has a fifty day simple moving average of $68.64 and a 200-day simple moving average of $69.38. The stock has a market capitalization of $25.75 billion, a PE ratio of 14.63, a PEG ratio of 4.41 and a beta of 0.71.

Eversource Energy (NYSE:ES – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.14. Eversource Energy had a return on equity of 11.59% and a net margin of 12.55%.The business had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same period in the previous year, the firm posted $1.50 earnings per share. The company’s revenue was up 9.4% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, equities analysts forecast that Eversource Energy will post 4.65 earnings per share for the current year.

Eversource Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, May 18th will be issued a dividend of $0.7875 per share. The ex-dividend date is Monday, May 18th. This represents a $3.15 annualized dividend and a yield of 4.6%. Eversource Energy’s dividend payout ratio is 67.31%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ES. Bank of America reaffirmed a “buy” rating and issued a $72.00 price target on shares of Eversource Energy in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. lifted their price target on Eversource Energy from $72.00 to $75.00 and gave the stock an “underweight” rating in a research note on Thursday, March 12th. BMO Capital Markets lowered their price target on Eversource Energy from $75.00 to $73.00 and set a “market perform” rating on the stock in a research note on Monday, May 11th. Seaport Research Partners lowered Eversource Energy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Finally, Argus raised Eversource Energy to a “strong-buy” rating in a research note on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Eversource Energy currently has a consensus rating of “Hold” and a consensus price target of $71.70.

View Our Latest Stock Report on ES

Eversource Energy Profile

(Free Report)

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.