York Water (NASDAQ:YORW) Now Covered by Analysts at Zacks Research

Analysts at Zacks Research assumed coverage on shares of York Water (NASDAQ:YORW) in a research note issued to investors on Tuesday, Zacks reports. The brokerage set a “hold” rating on the utilities provider’s stock.

YORW has been the topic of several other research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of York Water in a research note on Friday, October 30th. Huntington initiated coverage on York Water in a research report on Monday. They issued a “strong-buy” rating for the company. Cantor Fitzgerald set a $31.00 price target on York Water in a research report on Monday, August 10th. Finally, Freedom Broker increased their price target on York Water from $31.00 to $33.40 and gave the stock a “hold” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $32.20.

York Water Stock Performance

Shares of YORW stock opened at $31.71 on Tuesday. The firm has a market cap of $515.00 million, a price-to-earnings ratio of 19.10 and a beta of 0.52. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.88 and a current ratio of 1.09. York Water has a 52 week low of $28.26 and a 52 week high of $34.81. The firm’s 50-day simple moving average is $31.80 and its two-hundred day simple moving average is $31.39.

York Water (NASDAQ:YORW) last released its earnings results on Friday, November 6th. The utilities provider reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. York Water had a net margin of 29.07% and a return on equity of 9.45%. The firm had revenue of $24.33 million during the quarter, compared to the consensus estimate of $22.60 million. As a group, equities analysts forecast that York Water will post 1.62 earnings per share for the current year.

Insider Activity

In other York Water news, CEO Joseph Hand sold 8,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $33.28, for a total value of $266,240.00. Following the completion of the transaction, the chief executive officer owned 35,308 shares of the company’s stock, valued at $1,175,050.24. The trade was a 18.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David M. Velazquez acquired 1,288 shares of the stock in a transaction dated Tuesday, October 20th. The shares were bought at an average price of $31.07 per share, for a total transaction of $40,018.16. Following the transaction, the director owned 1,288 shares in the company, valued at approximately $40,018.16. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 1,410 shares of company stock valued at $44,024 in the last three months. 0.50% of the stock is owned by insiders.

Hedge Funds Weigh In On York Water

A number of large investors have recently modified their holdings of YORW. Allworth Financial LP bought a new position in shares of York Water during the second quarter valued at about $29,000. Integrated Wealth Concepts LLC purchased a new position in shares of York Water during the 2nd quarter worth approximately $46,000. Moss Adams Wealth Advisors LLC bought a new position in York Water in the third quarter worth $223,000. Cetera Investment Advisers lifted its position in York Water by 8.7% during the 1st quarter. Cetera Investment Advisers now owns 8,953 shares of the utilities provider’s stock valued at $273,000 after acquiring an additional 718 shares during the period. Finally, Ieq Capital LLC purchased a new position in shares of York Water during the second quarter valued at approximately $383,000. 49.86% of the stock is owned by hedge funds and other institutional investors.

York Water News Roundup

Here’s some of the latest news about YORW:

• Positive Sentiment: Freedom Broker raised its price target to $33.40 from $31.00, implying about 5.3% potential upside from the cited share price. Its rating remains Hold, tempering the optimism. Freedom Broker recommendations
• Positive Sentiment: Huntington initiated coverage with a Strong Buy rating and forecasts EPS of $1.62 for 2026, $1.65 for 2027, and $1.76 for 2028. The projected earnings growth supports a positive longer-term view, although these are analyst estimates rather than company guidance. Huntington recommendations
• Neutral Sentiment: A short-interest update described a significant increase but reported short interest of zero shares and a 0.0-day short-interest ratio. Those figures are inconsistent, so the update provides no clear signal about bearish positioning.

About York Water

The York Water Company is an investor-owned utility that provides water and wastewater services in south-central Pennsylvania. Its water operations include collecting, treating and distributing water to residential, commercial and industrial customers. The company also provides wastewater collection and treatment services. Its service area is centered in York County and extends into parts of neighboring counties. Founded in 1816, York Water is widely recognized as one of the oldest investor-owned water utilities in the United States.