Resolution Capital Ltd Purchases 248,005 Shares of H2O America $HTO

Resolution Capital Ltd increased its position in H2O America (NASDAQ:HTO) by 105.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 482,460 shares of the utilities provider’s stock after purchasing an additional 248,005 shares during the quarter. H2O America makes up 0.6% of Resolution Capital Ltd’s portfolio, making the stock its 20th biggest position. Resolution Capital Ltd’s holdings in H2O America were worth $28,306,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HTO. Vanguard Group Inc. acquired a new position in H2O America during the 4th quarter valued at about $133,834,000. Amundi acquired a new stake in shares of H2O America during the 3rd quarter worth approximately $105,965,000. Cerity Partners LLC bought a new stake in shares of H2O America during the fourth quarter worth approximately $70,830,000. Morgan Stanley lifted its holdings in H2O America by 123.0% in the fourth quarter. Morgan Stanley now owns 1,368,180 shares of the utilities provider’s stock valued at $67,027,000 after buying an additional 754,715 shares during the period. Finally, State Street Corp boosted its stake in H2O America by 4.6% in the fourth quarter. State Street Corp now owns 1,359,773 shares of the utilities provider’s stock valued at $66,615,000 after acquiring an additional 59,799 shares during the last quarter. 84.29% of the stock is owned by institutional investors.

Key H2O America News

Here are the key news stories impacting H2O America this week:

• Positive Sentiment: Revenue and adjusted earnings exceeded expectations. Second-quarter operating revenue increased 6% to $210.5 million, while adjusted diluted EPS was $0.72, topping the $0.70 consensus estimate. Net income also rose 8% to $26.6 million. H2O America Q2 revenue rises 6% to $210.5 million
• Positive Sentiment: Full-year guidance was maintained above analyst expectations. H2O America reiterated 2026 standalone adjusted EPS guidance of $3.08-$3.18, compared with the roughly $2.74 consensus cited in the company update. The guidance excludes the pending Quadvest acquisition and related financing. H2O America Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Acquisition and infrastructure investment support the growth outlook. The company expects its Quadvest acquisition to close around the end of the third quarter or early fourth quarter of 2026. Quadvest active connections have increased 10% this year, while contracted and pending-development connections rose 14%. H2O America also invested $206.9 million in infrastructure through June 30. H2O America 2026 Q2 Results Earnings Call Presentation
• Positive Sentiment: The quarterly dividend was maintained at $0.44 per share. The dividend is payable September 1 to shareholders of record August 10, providing an annualized payout of $1.76 per share and supporting the stock’s income appeal. Brokerages Set H2O America Price Target at $63.33
• Neutral Sentiment: Reported EPS declined year over year. GAAP diluted EPS fell to $0.62 from $0.71, although adjusted EPS improved relative to the consensus estimate and better reflects the quarter’s underlying performance.
• Negative Sentiment: Analyst price-target support is limited. Brokerages set an average price target of $63.33, modestly below the recent trading level, suggesting that some analysts see limited near-term upside after the earnings-related move. Brokerages Set H2O America Price Target at $63.33

Insider Activity

In other H2O America news, major shareholder Atlas Infrastructure Partners purchased 2,784 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were bought at an average price of $62.03 per share, with a total value of $172,691.52. Following the completion of the transaction, the insider directly owned 4,615,265 shares in the company, valued at $286,284,887.95. This trade represents a 0.06% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.52% of the stock is owned by company insiders.

H2O America Price Performance

Shares of HTO stock opened at $64.25 on Wednesday. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 1.02. H2O America has a 12-month low of $43.75 and a 12-month high of $67.09. The firm has a fifty day moving average of $59.80 and a 200-day moving average of $57.34. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 22.70, a price-to-earnings-growth ratio of 7.60 and a beta of 0.35.

H2O America (NASDAQ:HTO) last issued its quarterly earnings data on Monday, July 27th. The utilities provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The business had revenue of $210.47 million for the quarter. H2O America had a return on equity of 6.86% and a net margin of 12.91%.H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. On average, equities research analysts forecast that H2O America will post 2.7 earnings per share for the current year.

H2O America Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, August 10th. H2O America’s dividend payout ratio is 60.27%.

Wall Street Analyst Weigh In

HTO has been the subject of several recent research reports. Wells Fargo & Company began coverage on shares of H2O America in a research report on Monday, May 11th. They set an “equal weight” rating and a $60.00 target price for the company. TD Cowen assumed coverage on H2O America in a report on Thursday, April 16th. They set a “hold” rating and a $64.00 target price on the stock. Zacks Research raised H2O America from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. Wall Street Zen upgraded shares of H2O America from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Barclays increased their price target on shares of H2O America from $60.00 to $67.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, H2O America has an average rating of “Moderate Buy” and an average target price of $64.33.

About H2O America

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.