H2O America (NASDAQ:HTO) Releases Quarterly Earnings Results

H2O America (NASDAQ:HTO) issued its quarterly earnings results on Wednesday. The utilities provider reported $0.46 earnings per share for the quarter, Zacks reports. H2O America had a return on equity of 7.87% and a net margin of 13.59%. H2O America updated its FY 2026 guidance to 3.080-3.180 EPS.

H2O America Stock Up 0.6%

NASDAQ HTO traded up $0.34 during trading on Wednesday, reaching $55.18. The company’s stock had a trading volume of 361,466 shares, compared to its average volume of 306,580. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $1.98 billion, a PE ratio of 17.52, a PEG ratio of 2.86 and a beta of 0.48. The business has a 50-day moving average price of $51.92 and a 200-day moving average price of $49.65. H2O America has a 1-year low of $43.75 and a 1-year high of $57.17.

H2O America Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Monday, February 9th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, February 9th. H2O America’s dividend payout ratio (DPR) is presently 55.87%.

Institutional Investors Weigh In On H2O America

Institutional investors and hedge funds have recently modified their holdings of the business. Quadrant Capital Group LLC boosted its holdings in H2O America by 194.9% in the fourth quarter. Quadrant Capital Group LLC now owns 525 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 347 shares in the last quarter. Parallel Advisors LLC raised its holdings in H2O America by 1,020.8% during the fourth quarter. Parallel Advisors LLC now owns 594 shares of the utilities provider’s stock valued at $29,000 after buying an additional 541 shares in the last quarter. US Bancorp DE acquired a new stake in shares of H2O America in the third quarter worth about $62,000. Meeder Asset Management Inc. acquired a new stake in shares of H2O America in the fourth quarter worth about $103,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of H2O America during the 4th quarter worth about $124,000. Institutional investors and hedge funds own 84.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on HTO shares. Zacks Research lowered H2O America from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. BTIG Research raised shares of H2O America from a “neutral” rating to a “buy” rating and set a $61.00 price target for the company in a research report on Friday, January 9th. Citigroup upgraded shares of H2O America to a “buy” rating in a report on Friday, January 9th. UBS Group set a $61.00 price objective on shares of H2O America in a research note on Friday, January 9th. Finally, Barclays started coverage on shares of H2O America in a research report on Monday. They issued an “overweight” rating and a $61.00 target price for the company. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $60.25.

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.