H2O America (NASDAQ:HTO) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

H2O America (NASDAQ:HTO) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $65.50.

Several research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of H2O America in a report on Monday, August 3rd. Seaport Research Partners reiterated a “buy” rating and issued a $67.00 price objective on shares of H2O America in a research report on Wednesday, August 12th. Wall Street Zen raised H2O America from a “sell” rating to a “hold” rating in a report on Sunday, August 16th. BTIG Research set a $70.00 price objective on shares of H2O America in a research report on Wednesday, July 29th. Finally, Zacks Research upgraded H2O America from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd.

Hedge Funds Weigh In On H2O America

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HTO. Farther Finance Advisors LLC raised its position in H2O America by 561.7% during the third quarter. Farther Finance Advisors LLC now owns 6,643 shares of the utilities provider’s stock valued at $409,000 after acquiring an additional 5,639 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of H2O America during the 2nd quarter worth about $730,000. Integrated Wealth Concepts LLC bought a new position in H2O America during the second quarter worth $103,000. Squarepoint Ops LLC grew its position in H2O America by 61.0% in the 2nd quarter. Squarepoint Ops LLC now owns 170,129 shares of the utilities provider’s stock worth $10,339,000 after purchasing an additional 64,487 shares during the last quarter. Finally, Baird Financial Group Inc. grew its position in H2O America by 3.9% during the second quarter. Baird Financial Group Inc. now owns 25,269 shares of the utilities provider’s stock worth $1,536,000 after buying an additional 947 shares in the last quarter. Institutional investors and hedge funds own 84.29% of the company’s stock.

H2O America Stock Up 0.7%

Shares of H2O America stock opened at $58.48 on Tuesday. H2O America has a 1-year low of $43.75 and a 1-year high of $67.09. The company has a market capitalization of $2.45 billion, a PE ratio of 20.66, a P/E/G ratio of 6.74 and a beta of 0.33. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.67 and a quick ratio of 1.67. The business has a 50-day moving average of $62.40 and a 200-day moving average of $60.30.

H2O America (NASDAQ:HTO) last posted its quarterly earnings results on Monday, July 27th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. The firm had revenue of $210.47 million for the quarter. H2O America had a net margin of 12.91% and a return on equity of 6.65%. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. As a group, equities analysts forecast that H2O America will post 2.80 EPS for the current fiscal year.

H2O America Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th were issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Monday, August 10th. H2O America’s dividend payout ratio is currently 62.19%.

About H2O America