Eversource Energy (ES) Positions for Long-Term Growth With Utility Investments

Core Insights - Eversource Energy supplies electricity, natural gas, and water to approximately 4.6 million customers across Connecticut, Massachusetts, and New Hampshire, operating as a regulated utility with rates set by federal and state regulators [1] - The company has a strong earnings record and is expected to benefit from scheduled rate increases, ongoing transmission upgrades, and investments in clean energy projects [2] - Eversource has exited its US commercial-scale offshore wind business, allowing it to focus entirely on regulated utility operations [2] Investment and Growth Plans - Management plans to invest about $24.2 billion between 2025 and 2029 to modernize and expand infrastructure, with an additional $1.5 billion to $2 billion available for incremental projects during the same period [3] - These investments support an outlook for 5% to 7% annual non-GAAP EPS growth over the forecast window [4] Dividend Information - Eversource Energy recently raised its quarterly dividend by 4.7% to $0.7875 per share, marking 26 consecutive years of dividend growth [4] - The company is recognized among the Dividend Growth Stocks: 25 Aristocrats, indicating a strong commitment to returning value to shareholders [7]