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Is Eversource Energy ES the Best Utility Stock to Buy, All According to Hedge Funds

January 10, 2025
Eversource Energy, a leading energy company operating in New England, has caught the attention of hedge funds as a potential profitable investment. With its strong financial performance and consistent dividend payouts, Eversource Energy is emerging as a top choice for investors seeking stable returns.

According to recent reports, hedge funds have been acquiring shares of Eversource Energy, showing confidence in the company's long-term growth prospects. One of the notable investors, Nordea Investment Management AB, has recently increased its stake in Eversource Energy, further bolstering the positive sentiment surrounding the stock.

Eversource Energy has a diversified energy portfolio, providing electricity and natural gas to millions of customers across multiple states. The company's commitment to clean energy initiatives and grid modernization has positioned it favorably amidst the ongoing transition towards renewable sources.

In response to recent regulatory concerns regarding electric bills, Eversource Energy has stated that regulators may be targeting the wrong aspects of billing. The company is proactively working towards finding cost-effective solutions and ensuring fair practices. Such proactive measures not only showcase Eversource Energy's commitment to customer satisfaction but also demonstrate its ability to navigate regulatory challenges successfully.

While past performance is not indicative of future results, industry experts recommend considering the potential growth of Eversource Energy shares. For a comprehensive analysis of the stock's movement and investment advice, it is advisable to consult professionals, such as Stocks Prognosis, who specialize in offering accurate forecasts.

Investing in Eversource Energy may present an opportunity to diversify one's portfolio and capitalize on the company's promising growth trajectory. With its robust financials, commitment to clean energy, and proactive approach to regulatory challenges, Eversource Energy is emerging as a strong contender in the utility stock sector.
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ESJuly 17, 2025Eversource Energy: Leading the Way in Renewable Energy Innovation  ~1 min.

Eversource Energy, a prominent energy company, is making waves in the industry with its commitment to renewable energy innovation....

ESJune 10, 2025QuantWave Forecast Success: EVERSOURCE ENERGY Hits Price Target with 14.34% Profit  ~2 min.

On April 4, 2025, QuantWave, the automated forecasting platform, issued a long signal for EVERSOURCE ENERGY with a price of $57.62....

ESMay 20, 2025EVERSOURCE ENERGY Hits 9.2% Profit Target as Predicted by QuantWave  ~2 min.

Ever since QuantWave's forecast signal on February 18, 2025, predicting a long position on EVERSOURCE ENERGY at a price of $60.03, investors have eagerly awaited the fulfillment of this prophecy....

ESMay 20, 2025EVERSOURCE ENERGY Hits QuantWave Price Target Forecast, Generates 12.81% Profit  ~2 min.

On May 2, 2025, QuantWave, the automated forecasting platform, issued a long signal for EVERSOURCE ENERGY with a price target forecast of $65.55. The stock was trading at $58....

ESMay 16, 2025EVERSOURCE ENERGY Hits Price Target Forecast with 7.92% Profit Potential  ~1 min.

As of May 5th, 2025, QuantWave issued a price target forecast for EVERSOURCE ENERGY, with a long signal and a price of $58.56....

ESMay 16, 2025QuantWave Hits Forecast Target with EverSource Energy, Generating 8.76% Profit  ~1 min.

EverSource Energy has recently seen its stock hit the forecast target set by QuantWave on May 2, 2025. The forecast indicated a long position with the price at 58.11 $....

ESMarch 22, 2025Eversource Energy Holds Assistance Event Amid Concerns Over High Energy Bills  ~1 min.

Eversource Energy, a leading energy company, recently held an assistance event to help customers struggling with high energy bills....

ESMarch 17, 2025Eversource Energy celebrates Massachusetts regulators' $500M reduction in Mass Save plan  ~2 min.

Eversource Energy, one of the leading energy companies in New England, is celebrating a significant reduction in the Mass Save plan....

ESMarch 16, 2025Why Is Eversource ES Down 0.5 Since Last Earnings Report?  ~2 min.

Eversource Energy (ES), a leading energy utility company, has seen a dip of 0.5% in its stock value since its last earnings report....

ESMarch 15, 2025Jones Financial Companies Lllp Acquires 1840 Shares of Eversource Energy NYSE:ES  ~2 min.

Eversource Energy, a leading electric and gas utility company, has recently witnessed an increase in shares as Jones Financial Companies Lllp acquired 1840 shares of the company's stock....

ESFebruary 16, 2025Eversource Energy Reports Strong Q4 Earnings and Unveils Major Investment Plan  ~2 min.

Eversource Energy, one of the leading utility companies in the United States, has surpassed analysts' expectations for both earnings and revenue in the fourth quarter of 2024....

ESJuly 29, 2024QuantWave Successfully Achieves Price Target Forecast for Eversource Energy, Profits 7.9%  ~1 min.

QuantWave, an automated forecasting platform, recently hit a bullseye with its price target forecast for Eversource Energy. The forecast signal was generated on May 14, 2024, when the stock was trading at $57....

ESMarch 15, 2025Jones Financial Companies Lllp Acquires 1840 Shares of Eversource Energy NYSE:ES  ~2 min.

Eversource Energy, a leading electric and gas utility company, has recently witnessed an increase in shares as Jones Financial Companies Lllp acquired 1840 shares of the company's stock....

ESMay 20, 2025EVERSOURCE ENERGY Hits QuantWave Price Target Forecast, Generates 12.81% Profit  ~2 min.

On May 2, 2025, QuantWave, the automated forecasting platform, issued a long signal for EVERSOURCE ENERGY with a price target forecast of $65.55. The stock was trading at $58....

ESDecember 29, 2024Eversource Energy Expands Renewable Power Capacity with Strategic Acquisition  ~2 min.

Eversource Energy, a leading energy company on the New York Stock Exchange (NYSE: ES), has recently secured a strategic 26-acre energy hub in Massachusetts....