Whittier Trust Co. of Nevada Inc. Raises Stock Holdings in Aris Water Solutions, Inc. $ARIS

Whittier Trust Co. of Nevada Inc. raised its position in Aris Water Solutions, Inc. (NYSE:ARIS) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 195,442 shares of the company’s stock after buying an additional 8,413 shares during the quarter. Whittier Trust Co. of Nevada Inc. owned approximately 0.33% of Aris Water Solutions worth $4,620,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Comerica Bank lifted its stake in Aris Water Solutions by 64.4% in the first quarter. Comerica Bank now owns 1,264 shares of the company’s stock valued at $41,000 after buying an additional 495 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Aris Water Solutions by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 79,589 shares of the company’s stock valued at $2,550,000 after buying an additional 642 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Aris Water Solutions by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,926 shares of the company’s stock valued at $510,000 after buying an additional 680 shares during the last quarter. Ancora Advisors LLC lifted its stake in Aris Water Solutions by 154.0% in the first quarter. Ancora Advisors LLC now owns 2,032 shares of the company’s stock valued at $65,000 after buying an additional 1,232 shares during the last quarter. Finally, Harbour Investments Inc. lifted its stake in Aris Water Solutions by 478.2% in the first quarter. Harbour Investments Inc. now owns 1,538 shares of the company’s stock valued at $49,000 after buying an additional 1,272 shares during the last quarter. Hedge funds and other institutional investors own 39.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ARIS shares. Zacks Research upgraded Aris Water Solutions from a “strong sell” rating to a “hold” rating in a research note on Monday, September 1st. JPMorgan Chase & Co. started coverage on Aris Water Solutions in a research note on Tuesday, July 29th. They issued a “neutral” rating and a $25.00 price objective for the company. US Capital Advisors cut Aris Water Solutions from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Capital One Financial lowered Aris Water Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Aris Water Solutions in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Aris Water Solutions currently has an average rating of “Hold” and a consensus target price of $26.50.

Aris Water Solutions Trading Down 0.4%

Shares of ARIS stock opened at $23.60 on Wednesday. The business’s fifty day moving average price is $24.00 and its 200 day moving average price is $23.80. Aris Water Solutions, Inc. has a 1-year low of $14.46 and a 1-year high of $33.95. The firm has a market capitalization of $1.40 billion, a PE ratio of 28.43 and a beta of 1.67. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.73 and a quick ratio of 1.73.

Aris Water Solutions (NYSE:ARIS) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.05). Aris Water Solutions had a return on equity of 3.77% and a net margin of 6.00%.The business had revenue of $124.09 million for the quarter, compared to analyst estimates of $120.68 million. As a group, sell-side analysts forecast that Aris Water Solutions, Inc. will post 0.91 EPS for the current fiscal year.

Aris Water Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, September 4th. Aris Water Solutions’s dividend payout ratio is currently 67.47%.

Aris Water Solutions Company Profile

Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.