H2O America (NASDAQ:HTO) Issues Earnings Results

H2O America (NASDAQ:HTO) posted its quarterly earnings data on Monday. The utilities provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02, Zacks reports. H2O America had a return on equity of 6.76% and a net margin of 12.87%. H2O America updated its FY 2026 guidance to 3.080-3.180 EPS.

H2O America Stock Performance

Shares of NASDAQ HTO traded down $0.34 during mid-day trading on Monday, hitting $63.50. 392,403 shares of the company were exchanged, compared to its average volume of 508,759. The stock has a 50 day simple moving average of $59.50 and a 200-day simple moving average of $57.15. H2O America has a 1-year low of $43.75 and a 1-year high of $66.05. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 1.02. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 7.64 and a beta of 0.35.

Insider Transactions at H2O America

In other news, major shareholder Atlas Infrastructure Partners acquired 2,784 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were bought at an average cost of $62.03 per share, with a total value of $172,691.52. Following the purchase, the insider owned 4,615,265 shares of the company’s stock, valued at $286,284,887.95. This represents a 0.06% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.52% of the company’s stock.

Institutional Trading of H2O America

Several hedge funds and other institutional investors have recently made changes to their positions in HTO. US Bancorp DE acquired a new position in shares of H2O America during the third quarter worth about $62,000. Dimensional Fund Advisors LP purchased a new position in H2O America during the third quarter worth about $31,737,000. Barclays PLC acquired a new stake in H2O America in the third quarter valued at about $3,054,000. Private Advisor Group LLC acquired a new stake in H2O America in the third quarter valued at about $694,000. Finally, Schroder Investment Management Group purchased a new stake in H2O America in the 3rd quarter valued at approximately $7,279,000. Hedge funds and other institutional investors own 84.29% of the company’s stock.

Wall Street Analyst Weigh In

HTO has been the topic of several research reports. BTIG Research reissued a “buy” rating and set a $67.00 price objective on shares of H2O America in a research report on Thursday. TD Cowen began coverage on shares of H2O America in a report on Thursday, April 16th. They issued a “hold” rating and a $64.00 target price for the company. Wall Street Zen upgraded shares of H2O America from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Wells Fargo & Company initiated coverage on H2O America in a report on Monday, May 11th. They set an “equal weight” rating and a $60.00 price target on the stock. Finally, Weiss Ratings upgraded H2O America from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. One investment 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’s stock. According to data from MarketBeat.com, H2O America has a consensus rating of “Moderate Buy” and a consensus price target 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.