3,759,955 Shares in Eversource Energy $ES Acquired by Hsbc Holdings PLC

Posted by George Bondi on Aug 26th, 2026

Hsbc Holdings PLC purchased a new stake in Eversource Energy (NYSE:ES – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 3,759,955 shares of the utilities provider’s stock, valued at approximately $272,105,000.

Several other hedge funds also recently modified their holdings of ES. Empowered Funds LLC grew its holdings in Eversource Energy by 8.9% in the first quarter. Empowered Funds LLC now owns 16,149 shares of the utilities provider’s stock worth $1,003,000 after purchasing an additional 1,319 shares during the period. Woodline Partners LP boosted its position in shares of Eversource Energy by 40.8% during the 1st quarter. Woodline Partners LP now owns 30,988 shares of the utilities provider’s stock worth $1,925,000 after purchasing an additional 8,984 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of Eversource Energy by 115.1% in the 1st quarter. Acadian Asset Management LLC now owns 1,497 shares of the utilities provider’s stock valued at $92,000 after buying an additional 801 shares during the period. Schnieders Capital Management LLC. grew its stake in shares of Eversource Energy by 87.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 58,444 shares of the utilities provider’s stock valued at $3,718,000 after buying an additional 27,332 shares during the period. Finally, Brown Advisory Inc. increased its position in Eversource Energy by 4.6% in the 2nd quarter. Brown Advisory Inc. now owns 7,933 shares of the utilities provider’s stock valued at $505,000 after buying an additional 349 shares in the last quarter. Institutional investors own 79.99% of the company’s stock.

Insider Buying and Selling at Eversource Energy

In related news, VP Gregory B. Butler sold 7,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $69.88, for a total transaction of $489,160.00. Following the completion of the sale, the vice president directly owned 56,179 shares of the company’s stock, valued at approximately $3,925,788.52. This trade represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.18% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have issued reports on ES shares. Capital One Financial set a $73.00 price target on Eversource Energy in a report on Wednesday, July 1st. Argus downgraded Eversource Energy from a “buy” rating to a “hold” rating in a report on Friday, June 12th. Mizuho increased their target price on Eversource Energy from $70.00 to $74.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. BMO Capital Markets reduced their price target on shares of Eversource Energy from $73.00 to $72.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Finally, Weiss Ratings upgraded shares of Eversource Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 10th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $72.92.

Read Our Latest Report on ES

Eversource Energy Stock Performance

Shares of Eversource Energy stock opened at $71.07 on Wednesday. Eversource Energy has a 52 week low of $62.45 and a 52 week high of $76.57. The company has a quick ratio of 0.74, a current ratio of 0.80 and a debt-to-equity ratio of 1.63. The business has a 50 day moving average price of $72.77 and a 200-day moving average price of $71.04. The company has a market cap of $26.77 billion, a PE ratio of 18.41, a price-to-earnings-growth ratio of 5.25 and a beta of 0.70.

Eversource Energy (NYSE:ES – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.87. Eversource Energy had a return on equity of 11.33% and a net margin of 10.35%.The business had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the company posted $0.96 earnings per share. Eversource Energy’s revenue was up 2.3% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. Equities analysts anticipate that Eversource Energy will post 4.64 earnings per share for the current fiscal year.

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.