Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



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.

Find out how the EVERSOURCE ENERGY rate is expected to change

Get Forecast for ES

Investor opinions & comments:

I'm definitely interested in learning more about Eversource Energy and their potential for growth
— from SmartSabrina at 01-13-2025 13:43
Investing in Eversource Energy could provide a good diversification opportunity for my portfolio
— from WealthyWes at 01-12-2025 13:46
Eversource Energy's increasing stake by Nordea Investment Management AB is a clear indication of the positive sentiment surrounding the stock
— from CapitalChris at 01-11-2025 18:01
I'm skeptical about Eversource Energy's ability to navigate regulatory challenges successfully. It's a risky aspect to consider
— from WyattRiley at 01-11-2025 06:08
Eversource Energy's diversified energy portfolio and strong financial performance make it an attractive utility stock to consider
— from BrianMartin at 01-11-2025 04:55
I'm not entirely convinced about Eversource Energy's long-term growth prospects. I need more information before making a decision
— from WealthyWill at 01-11-2025 03:40
I'm not sure if Eversource Energy is the best utility stock option to invest in. I need more research and analysis to be confident
— from ProfitPat at 01-11-2025 03:37
I want to explore Eversource Energy further as it seems to offer stable returns and long-term growth potential
— from ZoeRoss at 01-10-2025 19:27
Eversource Energy seems like a solid investment option, especially with its commitment to clean energy initiatives
— from WilliamReed at 01-10-2025 13:54
The company's proactive approach to regulatory challenges shows their commitment to customer satisfaction and adaptability
— from HannahCarter at 01-10-2025 06:48
If you want to leave a comment, then you need Login or Register





Other news for ES

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's Price Target Forecast with 12.81% Profit  ~1 min.

Ever since QuantWave's forecast signal on May 2, 2025, indicating a long position on Eversource Energy at a price of $58.11, investors have been eagerly awaiting the achievement of the predicted price target....

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....



Related news

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....

ESJuly 30, 2024EVERSOURCE ENERGY Hits Price Target Forecast with 11.63% Profit; QuantWave's Accuracy Demonstrated  ~2 min.

On June 11, 2024, QuantWave, the automated forecasting platform, issued a long signal for EVERSOURCE ENERGY with a price of $56.36....

ESFebruary 5, 2025Eversource Energy Declares 0.7525 Quarterly Dividend Maintains Leadership in Clean Energy  ~2 min.

Eversource Energy, a leading energy company, has announced the declaration of a 0.7525 quarterly dividend, demonstrating its commitment to providing value to its shareholders....