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 EPS 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 Price Performance

Shares of HTO traded up $0.34 during trading hours on Wednesday, hitting $55.18. 361,466 shares of the company were exchanged, compared to its average volume of 306,580. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.68 and a quick ratio of 0.68. The company 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 firm has a fifty day simple moving average of $51.92 and a 200-day simple moving average of $49.65. H2O America has a one year low of $43.75 and a one year high of $57.17.

H2O America Dividend Announcement

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

Hedge Funds Weigh In On H2O America

Institutional investors have recently bought and sold shares of the stock. Quadrant Capital Group LLC lifted its stake in H2O America by 194.9% during the fourth quarter. Quadrant Capital Group LLC now owns 525 shares of the utilities provider’s stock valued at $26,000 after buying an additional 347 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of H2O America by 2.1% during the fourth quarter. MetLife Investment Management LLC now owns 18,331 shares of the utilities provider’s stock valued at $898,000 after acquiring an additional 379 shares during the period. Parallel Advisors LLC lifted its position in shares of H2O America by 1,020.8% in the 4th quarter. Parallel Advisors LLC now owns 594 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 541 shares in the last quarter. Cetera Investment Advisers lifted its position 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 acquiring an additional 705 shares in the last quarter. Finally, Mariner LLC boosted its stake in H2O America by 1.9% in the 4th quarter. Mariner LLC now owns 46,865 shares of the utilities provider’s stock worth $2,296,000 after purchasing an additional 871 shares during the period. Hedge funds and other institutional investors own 84.29% of the company’s stock.

Analyst Ratings Changes

HTO has been the subject of a number of research analyst reports. 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 note on Friday, January 9th. Barclays initiated coverage on H2O America in a research report on Monday. They issued an “overweight” rating and a $61.00 target price for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H2O America in a research note on Thursday, January 22nd. Citigroup raised H2O America to a “buy” rating in a research note on Friday, January 9th. Finally, UBS Group set a $61.00 price objective on H2O America in a report on Friday, January 9th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $60.25.

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.