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Eversource Energy EVP sells $213,900 in shares amid earnings miss

Penelope Conner, Eversource Energy's EVP of Customer Experience & Energy Strategy, sold 3,000 shares worth $213,900 at $71.10–$71.50 per share. The sales follow a Q2 2026 earnings shortfall driven by non-cash charges.

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Priya Anand · Equities & Earnings Desk · 30 Aug 2026 · 15:54 · 1 min read
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Eversource Energy EVP sells $213,900 in shares amid earnings miss

Eversource Energy's Executive Vice President of Customer Experience & Energy Strategy, Penelope M. Conner, disposed of 3,000 common shares for $213,900 in two transactions on August 24–25, 2026, at prices ranging from $71.10 to $71.50 per share.

The sales follow a second-quarter earnings miss, with the company posting adjusted earnings per share of $0.87, below the $0.94 forecast, and revenue of $2.9 billion versus a $3.07 billion projection. Eversource attributed the shortfall to large non-cash charges tied to the $1.7 billion sale of Aquarion Water and its offshore wind project.

Conner's remaining direct holdings total 7,556 shares, including restricted share units and dividend equivalents, while she holds an additional 1,226 shares indirectly through the company's 401k plan. An additional 17,511 phantom shares are held under the deferred compensation plan, convertible to common shares upon vesting and distribution.

Shares of Eversource Energy were trading at $71.69 at the time of the report, with a market capitalization of $26.97 billion, a P/E ratio of 18.53, and a dividend yield of 4.43%. The company has increased its dividend for 27 consecutive years.

Eversource reaffirmed its full-year 2026 non-GAAP EPS guidance at $4.57–$4.72 and maintained a long-term growth projection of 5%–7%. Moody's upgraded the company's credit outlook to stable from negative, while Mizuho raised its price target to $74 from $70, though it kept its Neutral rating.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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