KBC Group Increases Stake in Eversource Energy

Institutional investor adds to position in utility provider

Apr. 18, 2026 at 8:00am

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A dramatic, high-contrast close-up of the intricate gears, valves, and pipes of an industrial machine, conveying the physical power and security of a major utility company's financial infrastructure.An institutional investor's increased stake in Eversource Energy highlights the utility's stability and appeal as a regulated energy provider in the New England market.NYC Today

KBC Group NV, a Belgian financial services company, increased its stake in Eversource Energy (NYSE: ES) by 5.8% in the fourth quarter, according to a recent SEC filing. The institutional investor now owns approximately 437,092 shares of the utility provider's stock, worth around $29.4 million.

Why it matters

Eversource Energy is a major electric and natural gas utility serving customers across Connecticut, Massachusetts, and New Hampshire. Institutional investors like KBC Group closely monitor and adjust their positions in regulated utilities, which are seen as relatively stable investments.

The details

According to the 13F filing, KBC Group acquired an additional 23,876 shares of Eversource Energy in the fourth quarter, bringing its total position to 437,092 shares. This represents approximately 0.12% of the company's outstanding stock. Eversource Energy is one of the largest publicly traded utilities in New England, providing electricity and natural gas to over 4 million customers.

  • KBC Group increased its Eversource Energy stake in the fourth quarter of 2025.
  • Eversource Energy's most recent SEC filing was released on April 18, 2026.

The players

KBC Group NV

A Belgian financial services company that owns a sizable stake in Eversource Energy.

Eversource Energy

A publicly traded utility company that provides electricity and natural gas to customers in Connecticut, Massachusetts, and New Hampshire.

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The takeaway

This increase in KBC Group's position in Eversource Energy reflects the utility's status as a stable, well-performing investment in the regulated New England energy market. As institutional investors closely monitor the utility sector, Eversource's consistent financial performance and growth outlook continue to attract interest from major shareholders.