Eversource Energy (NYSE:ES) holds significant ownership of 83%, showcasing a strong institutional backing. The company's shares have been on a favorable trading day, outperforming its competitors. Several financial management companies have either acquired or raised their stock positions in Eversource Energy, notably, Manchester Capital Management, Howland Capital Management, and Jennison Associates. The company recently closed the sale of Sunrise Wind and its Q1 2024 earnings have outperformed the projected estimates, however, its sales didn't match the expectations. Eversource Energy's stock saw a temporary decrease of 5.2% post-earnings report but rebounded with a 3.7% increase. Despite experiencing unfortunate losses over a span of three years, the company remains a favorable asset among several investment firms. It continues to focus on Renewable Expansion and strategic investments, expressing potential for growth. However, insiders have recently sold US$1.9m in stock, indicating potential weakness.
Eversource Energy ES News Analytics from Tue, 10 May 2022 07:00:00 GMT to Sat, 13 Jul 2024 17:06:03 GMT - Rating -1 - Innovation 5 - Information 5 - Rumor -2
