Mitsubishi UFJ Asset Management Co. Ltd. Has $50.09 Million Stock Position in Eversource Energy $ES

11 Nov 2025, 06:12 by Doug Wharley · The Cerbat Gem

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Eversource Energy (NYSE:ES – Free Report) by 3.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 787,333 shares of the utilities provider’s stock after buying an additional 24,458 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Eversource Energy were worth $50,090,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ES. Trust Co. of Toledo NA OH bought a new stake in Eversource Energy in the 2nd quarter valued at $28,000. Hilltop National Bank bought a new position in Eversource Energy during the 2nd quarter worth about $32,000. True Wealth Design LLC raised its stake in shares of Eversource Energy by 540.0% in the 2nd quarter. True Wealth Design LLC now owns 608 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 513 shares during the period. Zions Bancorporation National Association UT bought a new stake in shares of Eversource Energy in the first quarter valued at about $46,000. Finally, Bogart Wealth LLC lifted its holdings in shares of Eversource Energy by 100.9% in the second quarter. Bogart Wealth LLC now owns 928 shares of the utilities provider’s stock valued at $59,000 after purchasing an additional 466 shares in the last quarter. Institutional investors own 79.99% of the company’s stock.

Insider Buying and Selling

In other Eversource Energy news, insider Loretta D. Keane acquired 3,780 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were purchased at an average price of $66.07 per share, for a total transaction of $249,744.60. Following the completion of the purchase, the insider directly owned 12,033 shares of the company’s stock, valued at approximately $795,020.31. This represents a 45.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James W. Hunt III sold 4,129 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $72.77, for a total value of $300,467.33. Following the completion of the sale, the executive vice president directly owned 32,415 shares of the company’s stock, valued at approximately $2,358,839.55. The trade was a 11.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.19% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on ES. Bank of America upgraded Eversource Energy from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $73.00 to $85.00 in a report on Tuesday, October 21st. UBS Group cut shares of Eversource Energy from a “buy” rating to a “neutral” rating and set a $78.00 price target for the company. in a research note on Thursday, November 6th. BMO Capital Markets cut their price objective on shares of Eversource Energy from $79.00 to $77.00 and set a “market perform” rating on the stock in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Eversource Energy in a research report on Friday, October 31st. Finally, Janney Montgomery Scott reiterated a “neutral” rating on shares of Eversource Energy in a research note on Monday, October 13th. 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 MarketBeat, Eversource Energy presently has an average rating of “Hold” and an average target price of $72.70.

Check Out Our Latest Research Report on ES

Eversource Energy Price Performance

NYSE:ES opened at $72.45 on Tuesday. The stock has a market capitalization of $26.89 billion, a PE ratio of 19.85, a P/E/G ratio of 2.62 and a beta of 0.69. Eversource Energy has a 1-year low of $52.28 and a 1-year high of $75.25. The firm has a fifty day simple moving average of $69.98 and a 200 day simple moving average of $66.20. The company has a current ratio of 0.71, a quick ratio of 0.64 and a debt-to-equity ratio of 1.68.

Eversource Energy (NYSE:ES – Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The utilities provider reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.07. Eversource Energy had a net margin of 10.22% and a return on equity of 11.06%. The firm had revenue of $3.22 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter last year, the company posted $1.13 earnings per share. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, research analysts expect that Eversource Energy will post 4.75 EPS for the current fiscal year.

Eversource Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 22nd were issued a dividend of $0.7525 per share. The ex-dividend date was Monday, September 22nd. This represents a $3.01 dividend on an annualized basis and a yield of 4.2%. Eversource Energy’s dividend payout ratio (DPR) is presently 82.47%.

About Eversource Energy

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