Key Points
- Atlas Infrastructure Partners bought 50,385 H2O America shares on April 10 at an average price of $59.06, a ~$2.98 million purchase that increased its stake to 4,582,469 shares (a 1.11% rise), according to an SEC filing.
- H2O America has a market cap of $2.44 billion and reported $0.46 EPS for the quarter, with FY2026 guidance of 3.080–3.180 EPS and a consensus analyst rating of "Moderate Buy" with a $62 target.
- The company pays a quarterly dividend of $0.44 (annualized $1.76) for a 3.0% yield
H2O America (NASDAQ:HTO - Get Free Report) major shareholder Atlas Infrastructure Partners acquired 50,385 shares of the company's stock in a transaction that occurred on Friday, April 10th. The stock was purchased at an average price of $59.06 per share, for a total transaction of $2,975,738.10. Following the acquisition, the insider directly owned 4,582,469 shares of the company's stock, valued at $270,640,619.14. The trade was a 1.11% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
H2O America Price Performance
NASDAQ HTO opened at $58.21 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $2.44 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 3.09 and a beta of 0.42. The company has a 50 day moving average price of $56.29 and a two-hundred day moving average price of $51.53. H2O America has a 12-month low of $43.75 and a 12-month high of $60.18.
H2O America (NASDAQ:HTO - Get Free Report) last posted its earnings results on Wednesday, February 25th. The utilities provider reported $0.46 EPS for the quarter. H2O America had a net margin of 12.81% and a return on equity of 7.08%. The company had revenue of $194.19 million during the quarter, compared to the consensus estimate of $195.73 million. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. As a group, equities analysts predict that H2O America will post 2.75 earnings per share for the current fiscal year.
H2O America Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 9th were issued a $0.44 dividend. The ex-dividend date was Monday, February 9th. This represents a $1.76 dividend on an annualized basis and a yield of 3.0%. H2O America's dividend payout ratio is currently 60.27%.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the company. Zacks Research upgraded H2O America from a "strong sell" rating to a "hold" rating in a report on Monday, March 16th. Weiss Ratings reiterated a "hold (c-)" rating on shares of H2O America in a research note on Thursday, January 22nd. BTIG Research reissued a "buy" rating and set a $61.00 price objective on shares of H2O America in a report on Tuesday, March 3rd. UBS Group set a $61.00 price objective on H2O America in a research note on Friday, January 9th. Finally, Citigroup upgraded H2O America to a "buy" rating in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, H2O America presently has a consensus rating of "Moderate Buy" and a consensus target price of $62.00.
Get Our Latest Research Report on H2O America
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC acquired a new position in shares of H2O America during the 3rd quarter worth about $8,943,000. JPMorgan Chase & Co. bought a new stake in H2O America during the 3rd quarter valued at approximately $10,556,000. CIBC Bancorp USA Inc. acquired a new stake in H2O America in the 3rd quarter valued at approximately $9,108,000. SG Americas Securities LLC acquired a new stake in H2O America in the 4th quarter valued at approximately $1,375,000. Finally, Thematics Asset Management bought a new position in H2O America in the 3rd quarter worth approximately $6,440,000. Institutional investors own 84.29% of the company's stock.
H2O America Company Profile
(
Get Free Report)
SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.
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