In a series of significant news, Eversource Energy (NYSE:ES) has experienced a highly eventful period.Fmr LLC and Zurcher Kantonalbank Zurich Cantonalbank both increased their stock positions, with the latter buying 111,206 shares. Bank of Montreal and Swedbank AB also grew their stock holdings. However, Citigroup Inc. and BNP Paribas Financial Markets reduced their stakes. Eversource reported mixed Q3 2024 results, with earnings exceeding expectations by $0.05 EPS but also highlighting losses. Daiwa Securities Group has a $3.86 million stock position in the company. Eversource has been recommended by Redditors due to its clean energy focus. They announced strategic divestments and regulatory reliance. Yet, the company still faced a 2.96% trading fall on Nov 5, and concerns about its debt load were raised. A major Energy Company, Eversource completed its exit from the offshore wind business and closed the sale of Sunrise Wind, marking a hit from offshore wind divestiture. An insight into the Swot Analysis of the company provides strategic planning for the future. They are also leading the way in renewable energy with their grid modernization ambitions. The company is on TIME’s List of World’s Best Companies for 2024 suggesting a bullish future for the energy entity.
Eversource Energy ES News Analytics from Mon, 26 Feb 2024 15:23:17 GMT to Sat, 30 Nov 2024 10:47:31 GMT - Rating 5 - Innovation -3 - Information 7 - Rumor 1
