Multiple US Utility Stocks Rise Amid Broad Market Gains

Broad market gains lifted several utility and energy stocks this week, with Evergy up 1.34% and WEC Energy up 1.21% on Monday (S&P 500 +0.26%, Dow +0.15%) and Alliant Energy up 1.33% and Devon Energy up 3.44% on Friday (S&P 500 +0.59%, Dow +0.65%), the latter marking Devon’s fourth straight day of gains. Eversource Energy hit a 52-week high of $69.98, marking a 25.9% year-to-date gain and trading with a market cap of $25.93 billion while offering a 4.31% dividend yield and 26 consecutive years of dividend payments. InvestingPro notes Eversource’s P/E of 29.79 and flags the stock as trading above its Fair Value, while analysts differ: UBS reiterated a Buy and $77 price target after a D.C. court injunction allowed Revolution Wind construction to resume, and Jefferies raised its target to $54 but kept an Underperform rating. Eversource also approved a quarterly dividend of $0.7525 payable Sept. 30, 2025 (record Sept. 22, 2025), even as the company faces regulatory and policy headwinds, including federal moves to halt the Maryland Offshore Wind Project. Overall, recent trading highlights strength in utility and energy names driven by broad market gains and company-specific catalysts, with Eversource notable for both price momentum and income but mixed analyst views.