Eversource Energy $ES Shares Newly Purchased by Royal Fund Management LLC

Posted by George Bondi on Oct 24th, 2026

Royal Fund Management LLC bought a new stake in shares of Eversource Energy (NYSE:ES – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 36,552 shares of the utilities provider’s stock, valued at approximately $2,345,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Eversource Energy during the 2nd quarter worth approximately $3,086,413,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Eversource Energy by 1.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,620,413 shares of the utilities provider’s stock worth $478,457,000 after purchasing an additional 88,163 shares in the last quarter. Legal & General Group Plc bought a new position in shares of Eversource Energy in the second quarter valued at $359,215,000. Deutsche Bank AG acquired a new position in shares of Eversource Energy during the second quarter valued at about $311,548,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Eversource Energy during the second quarter worth about $272,105,000. Institutional investors and hedge funds own 79.99% of the company’s stock.

Eversource Energy Price Performance

NYSE:ES traded down $0.37 during trading hours on Friday, hitting $67.47. 2,839,891 shares of the company’s stock traded hands, compared to its average volume of 2,870,720. The firm has a market cap of $25.42 billion, a P/E ratio of 17.48, a P/E/G ratio of 2.95 and a beta of 0.67. 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’s fifty day simple moving average is $67.86 and its two-hundred day simple moving average is $69.74. Eversource Energy has a 52 week low of $62.72 and a 52 week high of $76.57.

Eversource Energy (NYSE:ES – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.87. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The company had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the firm posted $0.96 EPS. The firm’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. On average, research analysts anticipate that Eversource Energy will post 4.63 earnings per share for the current fiscal year.

Eversource Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were issued a $0.7875 dividend. This represents a $3.15 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, September 21st. Eversource Energy’s dividend payout ratio (DPR) is 81.61%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ES shares. Weiss Ratings raised Eversource Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 31st. HSBC assumed coverage on Eversource Energy in a research note on Thursday. They issued a “hold” rating and a $70.00 target price on the stock. BMO Capital Markets dropped their price target on Eversource Energy from $73.00 to $72.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. Wells Fargo & Company increased their target price on shares of Eversource Energy from $75.00 to $76.00 and gave the company an “overweight” rating in a research report on Thursday, July 2nd. Finally, Mizuho increased their price objective on Eversource Energy from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Four equities 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 stock. Based on data from MarketBeat, Eversource Energy presently has a consensus rating of “Hold” and an average price target of $72.91.

View Our Latest Analysis on Eversource Energy

Eversource Energy Company Profile

(Free Report)

Eversource Energy (NYSE: ES) is a New England-based energy delivery company that provides electric and natural gas utility services. Through its regulated operating companies, it delivers electricity to residential, commercial and industrial customers and distributes natural gas to homes and businesses.

The company owns and operates electric transmission and distribution infrastructure, natural gas distribution systems and related utility facilities. Its electric operations include Connecticut Light and Power, NSTAR Electric and Public Service Company of New Hampshire, while its natural gas operations include several utilities serving customers in Connecticut and Massachusetts.