H2O America (NASDAQ:HTO) Announces Earnings Results

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

H2O America Trading Down 0.5%

HTO traded down $0.34 during trading on Monday, reaching $63.50. 392,292 shares of the company’s stock were exchanged, compared to its average volume of 507,829. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 1.02. H2O America has a one year low of $43.75 and a one year high of $66.05. The firm has a fifty day moving average price of $59.50 and a two-hundred day moving average price of $57.15. The stock has a market capitalization of $2.66 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 7.64 and a beta of 0.35.

Analyst Upgrades and Downgrades

HTO has been the subject of a number of analyst reports. Wells Fargo & Company began coverage on shares of H2O America in a research report on Monday, May 11th. They issued an “equal weight” rating and a $60.00 price target for the company. TD Cowen initiated coverage on H2O America in a research report on Thursday, April 16th. They set a “hold” rating and a $64.00 target price for the company. Weiss Ratings upgraded H2O America from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. BTIG Research reissued a “buy” rating and issued a $67.00 target price on shares of H2O America in a report on Thursday. Finally, Wall Street Zen upgraded shares of H2O America from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $64.33.

Insiders Place Their Bets

In related news, major shareholder Atlas Infrastructure Partners bought 2,784 shares of H2O America stock in a transaction that occurred on Tuesday, July 7th. The shares were acquired at an average cost of $62.03 per share, for a total transaction of $172,691.52. Following the completion of the acquisition, the insider directly owned 4,615,265 shares of the company’s stock, valued at approximately $286,284,887.95. The trade was a 0.06% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.52% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers boosted its stake in shares of H2O America by 15.1% in the 4th quarter. Cetera Investment Advisers now owns 5,386 shares of the utilities provider’s stock valued at $264,000 after purchasing an additional 705 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in H2O America during the 3rd quarter worth approximately $256,000. Creative Planning bought a new position in shares of H2O America in the 3rd quarter worth $254,000. Freestone Grove Partners LP bought a new position in shares of H2O America in the third quarter valued at $213,000. Finally, Russell Investments Group Ltd. acquired a new position in H2O America during the 3rd quarter valued at about $210,000. Institutional investors and hedge funds own 84.29% of the company’s stock.

H2O America Company Profile

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.