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Eversource Energy delivers electricity and natural gas to about 4.3 million customers in Connecticut, Massachusetts, and New Hampshire through a regulated utility model. It operates transmission and distribution networks and also develops clean-energy projects such as offshore wind and solar, plus grid modernization and energy-efficiency programs to help customers save. The company combines regulated utility services with active clean-energy development to stabilize prices while expanding renewable projects in its service area, and it is pursuing carbon neutrality by 2030. Its goal is to provide affordable, reliable energy while modernizing the grid and growing clean-energy generation.
Industries
Energy
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Springfield, Illinois
Founded
1966
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Total Funding
$1.5B
Above
Industry Average
Funded Over
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Eversource donates $85,000 to United Way of Pioneer Valley. Posted: Aug 14, 2026 / 11:42 AM EDT Updated: Aug 14, 2026 / 11:42 AM EDT SPRINGFIELD, Mass. (WWLP) - The United Way of Pioneer Valley received an $85,000 donation from the Eversource Foundation and employee contributions to fund local community programs. The contribution is part of a $2.7 million donation by Eversource employees and the Eversource Foundation over the past year to United Way organizations in Connecticut, Massachusetts, and New Hampshire. The organization focuses on addressing regional challenges such as food insecurity and family financial stability. The donation is drawn from a broader fundraising initiative, which included nearly $1.3 million raised during a six-week annual campaign by Eversource employees and retirees. Hundreds of employees also contributed volunteer hours at events organized by local United Way chapters across the region. "We can't thank Eversource enough," said Jessica Colson, representing the United Way of Pioneer Valley. "This generous support from the Eversource Foundation, as well as the consistent dedication of Eversource employees to volunteer their own time and dollars, helps enable our important work to empower people and families throughout our communities despite the challenges they face." Theresa Hopkins-Staten, president of the Eversource Foundation and vice president of corporate citizenship and equity, emphasized the company's focus on regional community assistance. "At Eversource, our commitment to the communities we serve is at the heart of all we do," Hopkins-Staten said. "Through the generosity of our employees and the support of the Eversource Foundation, we're proud to partner with United Way and its local agencies to help create meaningful, lasting change in the lives of our customers. Whether it's through financial contributions or the thousands of volunteer hours our employees dedicate each year, we're united in our mission to uplift and empower those who need it most." The funding will directly support health, education and financial stability services for families in the area. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Download the 22News Plus app on your TV to watch live-streaming newscasts and video on demand. All facts in this report were gathered by journalists employed by WWLP. Artificial intelligence tools were used to reformat information into a news article for its website. This report was edited and fact-checked by WWLP staff before being published.
Wedge Capital Management L L P NC increases stock position in Eversource Energy $ES. August 12, 2026 Key points. * Wedge Capital Management increased its Eversource Energy stake by 13.2% in the second quarter, adding 40,993 shares to own 352,400 shares valued at approximately $25.5 million. Institutional investors collectively hold nearly 80% of Eversource's stock. * Eversource reported quarterly EPS of $0.87, matching analyst estimates, while revenue rose 2.3% year over year to $2.90 billion but fell short of expectations. The company set fiscal 2026 EPS guidance at $4.57-$4.72. * Analysts maintain a mixed outlook, with four Buy, six Hold and three Sell ratings; the consensus rating is Hold with a target price of $72.92. Shares recently opened at $71.11, while a company vice president sold 7,000 shares at an average price of $69.88. * MarketBeat previews the top five stocks to own by September 1st. Wedge Capital Management L L P NC grew its stake in Eversource Energy (NYSE:ES - Free Report) by 13.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 352,400 shares of the utilities provider's stock after buying an additional 40,993 shares during the period. Wedge Capital Management L L P NC owned approximately 0.09% of Eversource Energy worth $25,468,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also bought and sold shares of ES. Vanguard Group Inc. increased its holdings in shares of Eversource Energy by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 47,512,198 shares of the utilities provider's stock worth $3,198,996,000 after buying an additional 697,829 shares during the period. State Street Corp grew its position in Eversource Energy by 4.7% during the 4th quarter. State Street Corp now owns 28,013,053 shares of the utilities provider's stock worth $1,886,119,000 after acquiring an additional 1,265,802 shares during the last quarter. Geode Capital Management LLC grew its position in Eversource Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 9,635,907 shares of the utilities provider's stock worth $646,233,000 after acquiring an additional 194,781 shares during the last quarter. Victory Capital Management Inc. increased its stake in Eversource Energy by 61.8% in the 4th quarter. Victory Capital Management Inc. now owns 9,546,217 shares of the utilities provider's stock worth $642,747,000 after purchasing an additional 3,645,555 shares during the period. Finally, Morgan Stanley lifted its position in Eversource Energy by 4.2% in the fourth quarter. Morgan Stanley now owns 5,879,604 shares of the utilities provider's stock valued at $395,874,000 after purchasing an additional 238,723 shares during the last quarter. Hedge funds and other institutional investors own 79.99% of the company's stock. Insider activity. In related news, VP Gregory B. Butler sold 7,000 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $69.88, for a total value of $489,160.00. Following the completion of the transaction, the vice president directly owned 56,179 shares of the company's stock, valued at $3,925,788.52. This represents a 11.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.18% of the stock is owned by corporate insiders. Eversource Energy stock performance. NYSE:ES opened at $71.11 on Wednesday. The stock has a market cap of $26.79 billion, a P/E ratio of 18.42, a price-to-earnings-growth ratio of 5.25 and a beta of 0.70. The firm's fifty day simple moving average is $72.27 and its 200 day simple moving average is $70.87. Eversource Energy has a twelve month low of $61.53 and a twelve month 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. Discover more Stock screener subscription Eversource Energy (NYSE:ES - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.87 EPS for the quarter, hitting the consensus estimate of $0.87. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The business had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business earned $0.96 EPS. The company's revenue for the quarter was up 2.3% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. As a group, research analysts predict that Eversource Energy will post 4.64 EPS for the current year. Analyst ratings changes. A number of analysts have recently weighed in on the company. Capital One Financial set a $73.00 price objective on Eversource Energy in a research note on Wednesday, July 1st. Scotiabank lowered their price target on shares of Eversource Energy from $66.00 to $63.00 and set a "sector underperform" rating for the company in a report on Tuesday, April 21st. BMO Capital Markets dropped 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. Wells Fargo & Company raised their price target on shares of Eversource Energy from $75.00 to $76.00 and gave the stock an "overweight" rating in a report on Thursday, July 2nd. Finally, Bank of America restated a "buy" rating and issued a $72.00 price objective on shares of Eversource Energy in a research report on Wednesday, April 22nd. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $72.92. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Eversource Energy, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eversource Energy wasn't on the list. 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Eversource proposes substation on Locust Street, addresses residents' questions. * By TARA VOCINO * Aug 7, 2026 * 0 BURLINGTON - Eversource is proposing a substation along Locust Street. They addressed residents' inquiries during a public meeting last week at 70 Montvale Ave. According to Eversource Senior Specials, Transmission Project Engagement Ian Kea, the Burlington/Woburn area is currently experiencing a significant amount of transformation. A substation serves as a critical part of the electric system, acting as a hub to bring electricity and clean energy to homes and businesses. All three substations are overloaded or stressed due to the recent growth. Given the continued planned residential and commercial load growth in this area, an additional substation is needed to help offload the current stations and ensure continued reliable electrical service to all customers. The proposed preferred site is Locust Street, which is on the corner of two existing right of ways. Kea said operational substations must meet or be below state and local sound ordinance requirements. According to Eversource External Communications Manager Olessa Stepanova, the Burlington Energy Project is still in development and will be subject to local permitting processes, as well as review by the state Energy Facilities Siting Board (EFSB). "We currently anticipate filing with the EFSB later this year," Stepanova said. "If the project is approved through the state's review process, construction is expected to begin in 2028, with completion anticipated around 2030." She noted that these timelines are subject to change. Locust Street resident Janet Zahora said as the town continues to grow, additional power is needed. Her husband, Robert, said it's tough to say if Locust Street is the best location. "The current locations that they have can only handle so much power," Robert Zahora said. Sparhawk Drive resident Joanne Delaney, who got up to speak, asked how close will the new transmission structures be to homes on her street. "Roughly eight years ago Eversource did a clearcut, and trees were wiped out," Delaney said. "They cut beautiful 100-plus-year old pines after there was a major clear cut by Eversource, which destroyed the backyard of all abutters." She asked if homeowners will see more trees destroyed, more conservation areas and wetlands disrupted this time around. Regarding health and electromagnetic field (EMF), Delaney asked what EMF levels are expected at the edge of her property and at her home after the project is complete. "Will Eversource provide actual modeling results - not just general statements - that show expected EMF levels?," Delaney asked. "Will post-construction EMF measurements be taken and shared with residents?" In regard to the reservoir and conservation land, Delaney asked what specific protections are in place to prevent impacts to the Burlington reservoir and nearby conservation areas. "What studies have been done regarding wetlands, wildlife, and water quality?" Delaney asked. "If environmental damage occurs, who is responsible for restoring it?" Stepanova said environmental industry Best Management Practices (BMPs) will be implemented during construction to avoid direct impacts to the Mill Pond Reservoir during construction. "Protecting nearby environmental resources, including the Mill Pond Reservoir, is a key priority throughout construction and during operation once the project is constructed and in service," Stepanova said. "The project will be designed, constructed, and operational in accordance with all applicable local, state and federal environmental requirements to protect surrounding natural resources." Delaney feels that this project will impact the valuation on properties that are abutting the project. She asked what compensation is available, if homeowners are negatively affected. Eversource's response was that it will not affect the value and that they will visit Delaney's property. However, Delaney said she highly disagrees since she has been a realtor in Burlington for more than 25 years. She also asked about compensation. In regard to being reimbursed by Eversource for devaluation of property, Eversource stated they can't do that according to Massachusetts law, but will come to abutters' home personally and discuss. Delaney's other concern is how noise, construction traffic, and lighting will be managed during construction. As far as the traffic concern, Eversource said they will work with the Town of Burlington. Another major concern of Delaney's is flooding. Behind her house, there is a large seasonal pool of water every spring and fall. Eversource stated that they will come to Delaney's house and look at it. "The existing trees help absorb water and protect my property," Delaney said. "If those trees are removed, I am very concerned that the amount of water flowing toward my home will increase and could cause flooding." Delaney also inquired about what drainage and stormwater studies have been completed, what mitigation measures are planned to prevent flooding, and whether Eversource will take responsibility if this project causes damage to her property. "I believe these questions deserve clear answers before construction moves forward," Delaney said. "What alternatives are being considered instead of disrupting Burlington neighborhoods and water sources?" Kea said Eversource will be mindful of anything that might disrupt or damage. Eversource has already evaluated solar, energy efficiency and battery storage alternatives. An idea was inside an industrial park, but Eversource responded that it would be too costly and could involve buying a parking lot. "These alternatives, both alone or in combination, can't meet the area's energy needs for long-term grid capacity and redundancy," Kea said. Delaney added Eversource chose this site because it's cheaper than other areas. She asked for a written document saying her property won't be flooded. If the substation is installed, trees will have to be cut down within their easement. Kea said the substation must be built near customers and the electric demand. "The longer the distance electrons are required to travel from their source, the weaker and less reliable the electrons become," Kea said. There was a group of people from Eversource that sat up front to answer questions. Delaney felt that they either gave vague answers or quoted Massachusetts law. She also asked if Select Board members were invited, since she didn't see any. Last meeting, there was one Planning Board member at the meeting. Locust Street resident Pat Linskey, who also got up to speak, called Burlington a family-friendly town. "Families and children enjoy walking, riding bikes, and spending time outdoors throughout our neighborhoods," Linskey said. "The disruption caused by roads being dug up, years of construction, heavy truck traffic, and constant construction noise will take away the very qualities that attracted so many residents to Burlington." Kea said that there will be temporary construction noise, traffic-related disruptions, and visual impacts to direct abutters. "Temporary traffic disruptions will be mitigated through a coordinated traffic management plan, in collaboration with the municipality," Kea said. "Temporary construction noise will be mitigated through compliance with town noise ordinances." Linskey said plans show electrical towers encroaching on homes and private properties, fundamentally changing the character of Burlington's neighborhoods. She added that when concerns were raised about private properties being encroached upon, representatives initially denied that additional utility poles or transmission lines would be installed. However, when asked why numerous homeowners have surveillance markers placed on their properties, Linskey said they responded that they would need to send representatives to speak individually with those property owners. "This project also raises serious concerns about flooding, environmental impacts, and the long-term financial harm to homeowners through decreased property values," Linskey said. "What will Eversource do to compensate Burlington residents for the loss in property value, the diminished quality of life, and the lasting impacts this project will have on our homes, neighborhoods, and community?" Stepanova said it has not been Eversource's experience that these types of essential facilities, which exist throughout the state, result in a diminution of property values to residential homeowners. Linskey felt Eversource's answers to these questions were very vague. When Linskey asked where 0 Locust St. is and where exactly the substation is going, she felt that Eversource's answers skirted around the question. That would be the entrance and exit points for construction trucks. Stepanova said the proposed preferred site at 0 Locust St. was selected following a comprehensive evaluation of multiple locations using a variety of factors, including electric system needs, engineering feasibility, constructability, environmental considerations, local zoning, community receptors and input, and overall cost. Not because it's cheaper. "The proposed preferred best site balances those factors while allowing the infrastructure to be located where it's needed to safely and reliably serve customers," Stepanova said.
Eversource Energy reported second-quarter 2026 earnings of 87 cents per share, missing the Zacks Consensus Estimate of 88 cents by 1.14%. Earnings declined 9.4% year-over-year from 96 cents, reflecting pressure in its transmission and natural gas businesses. Revenues of $2.90 billion missed estimates of $3.14 billion by 7.63% but increased 2.3% from the prior-year quarter. Total operating expenses rose 8.6% year-over-year to $2.36 billion, driven by higher purchased power costs, energy efficiency programme costs, and interest expenses. Operating income fell 18.4% to $540.9 million. The electric transmission segment saw earnings drop 11.7% to $183.7 million, whilst natural gas distribution earnings declined 15.9% to $29.7 million. Eversource maintained its 2026 earnings guidance of $4.57-$4.72 per share and its long-term earnings growth target of 5-7% through 2030.
Eversource Energy completed the $1.7 billion sale of Aquarion Water Company, transitioning to a pure-play regulated utility focused on electric and gas operations. The move strengthened its financial foundation, prompting Moody's to upgrade its outlook to stable. The company reported second-quarter recurring earnings of $0.87 per share, driven by higher electric distribution revenues. However, it recorded a $164 million after-tax charge related to cost increases at its Revolution Wind project, now over 95% complete. Eversource reaffirmed long-term earnings per share growth guidance of 5% to 7%, expecting performance toward the upper half by 2028. The company maintains a $21.5 billion five-year capital plan through 2028. It filed its first Connecticut Light & Power rate review in nearly a decade, with 90% of the requested deficiency tied to capital investments and storm resiliency.
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Industries
Energy
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Springfield, Illinois
Founded
1966
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