A disclosure from Rep. Ro Khanna shows a sizable bet on a New England utility operator, with a purchase of as much as $250,000 worth of ES, the ticker for Eversource Energy.
The California Democrat reported buying between $100,000 and $250,000 of the regulated electric and natural gas utility on Feb. 23, 2026. Using the midpoint of congressional disclosure ranges, the transaction is valued at roughly $175,000.
Eversource Energy, which has a market capitalization of about $27.4 billion and recently traded near $73.10 per share, operates transmission and distribution networks serving Connecticut, Massachusetts, and New Hampshire. The company is widely followed by income-focused investors because of its dividend profile and its extensive capital spending on regional grid infrastructure.
Utilities like Eversource are typically considered defensive holdings, offering relatively stable cash flows tied to state-regulated rate structures. Investors closely track regulatory decisions in New England that determine allowed returns on utility investments and influence long-term earnings growth.
Details of the reported trade
- Date: Feb. 23, 2026
- Action: Buy
- Amount: $100,000–$250,000
- Estimated value: ~$175,000
- Owner: DC
The disclosure indicates the shares were purchased by a dependent child, according to the "DC" ownership designation commonly used in congressional financial filings.
Khanna, who represents Silicon Valley, sits on the House Committee on Armed Services and the House Committee on Oversight and Government Reform. He is also a member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party and serves on subcommittees covering cybersecurity, information technology, innovation, and seapower.
Those assignments primarily focus on defense, technology, and oversight issues rather than the regulated utility sector, though cybersecurity and grid resilience increasingly intersect with national security discussions around critical infrastructure.
Utilities and congressional portfolios
Eversource has attracted interest from lawmakers in both parties over the years. According to congressional trading disclosures, at least 14 members of Congress have reported transactions involving the company.
Large regulated utilities often appear in congressional portfolios because of their steady dividends and relatively predictable earnings tied to infrastructure investment cycles. Companies like Eversource also benefit from long-term electrification trends and federal incentives supporting grid modernization and transmission expansion.
Congressional stock trading is governed by the STOCK Act, which requires lawmakers and their families to publicly disclose securities transactions generally within 45 days. Those filings offer a window into lawmakers’ investment activity and feed databases tracking the latest congressional trades.
Khanna has been an active participant in congressional financial markets over the course of his career, with tens of thousands of reported trades across various assets. The Eversource purchase represents one of the larger individual ranges disclosed in recent filings tied to the lawmaker’s household.
For investors watching Capitol Hill activity, the move highlights continued congressional exposure to traditional utility companies even as energy markets shift toward electrification, grid upgrades, and climate-related infrastructure spending.