Eversource Energy (ES) has garnered considerable attention from investment firms, with several boosting their stakes, including CIBC, the Public Employees Retirement Association of Colorado, and HSBC Holdings PLC. But, it's not a universally shared sentiment, with the likes of Northern Trust, CIBC Asset Management, and Stiefel Financial Corp reducing their holdings. It's worth noting the
investment activities of Orion Portfolio Solutions and NEOS Investment Management, acquiring additional shares, indicating a favorable market sentiment. However, the company's stock performance has been inconsistent, with frequent underperformance compared to competitors. Eversource's
dividend analysis also seems to be of attention to investors. The company's
renewable focus and strategic investments, especially its recent decision to divest wind assets, are noted. Simultaneously, the company's Q1 2024 earnings surpassed analyst expectations, hinting at a promising financial outlook. However, the firm's intrinsic value reportedly remains high above its share price. Some negative turns include a 5.3% decline in the stock over the week and a 23% loss suffered by investors over the past three years.
Eversource Energy ES News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 14:05:33 GMT -
Rating -3
- Innovation 5
- Information 6
- Rumor -7
