York Water (NASDAQ:YORW) Given New $33.40 Price Target at Freedom Broker

Key Points

• Freedom Broker raised York Water’s price target to $33.40 from $31 but maintained a “Hold” rating; the new target implies 5.48% upside from the prior close.
• Analyst sentiment is mixed: the stock has a “Moderate Buy” consensus rating and an average target of $32.20, with one Strong Buy and two Hold ratings.
• York Water beat quarterly estimates, reporting EPS of $0.48 versus $0.47 expected and revenue of $24.33 million versus $22.60 million forecast.

York Water (NASDAQ:YORW - Get Free Report) had its price target increased by equities research analysts at Freedom Broker from $31.00 to $33.40 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a "hold" rating on the utilities provider's stock. Freedom Broker's price target suggests a potential upside of 5.48% from the stock's previous close.

YORW has been the topic of a number of other research reports. Cantor Fitzgerald set a $31.00 target price on York Water in a research note on Monday, August 10th. Weiss Ratings reissued a "hold (c)" rating on shares of York Water in a research note on Friday, October 30th. Finally, Huntington began coverage on shares of York Water in a report on Monday. They issued a "strong-buy" rating on the stock. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $32.20.

York Water Trading Down 0.1%

Shares of York Water stock traded down $0.04 during trading on Wednesday, hitting $31.66. The stock had a trading volume of 48,138 shares, compared to its average volume of 139,922. York Water has a 12 month low of $28.26 and a 12 month high of $34.81. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.05 and a quick ratio of 0.88. The firm's fifty day simple moving average is $31.85 and its 200-day simple moving average is $31.40. The stock has a market cap of $514.24 million, a PE ratio of 19.08 and a beta of 0.52.

York Water (NASDAQ:YORW - Get Free Report) last posted its quarterly earnings data on Friday, November 6th. The utilities provider reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.01. York Water had a net margin of 29.07% and a return on equity of 9.81%. The company had revenue of $24.33 million for the quarter, compared to analyst estimates of $22.60 million.

Insider Buying and Selling at York Water

In other news, Director David M. Velazquez purchased 1,288 shares of the company's stock in a transaction dated Tuesday, October 20th. The shares were acquired at an average price of $31.07 per share, with a total value of $40,018.16. Following the transaction, the director owned 1,288 shares of the company's stock, valued at $40,018.16. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Joseph Hand sold 8,000 shares of York Water stock in a transaction dated 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 sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders acquired a total of 1,410 shares of company stock valued at $44,024 over the last quarter. Company insiders own 0.50% of the company's stock.

Hedge Funds Weigh In On York Water

Several institutional investors have recently bought and sold shares of YORW. Ieq Capital LLC raised its stake in York Water by 44.1% in the third quarter. Ieq Capital LLC now owns 18,007 shares of the utilities provider's stock worth $551,000 after buying an additional 5,512 shares in the last quarter. Cullen Capital Management LLC grew its stake in York Water by 10.1% in the third quarter. Cullen Capital Management LLC now owns 25,203 shares of the utilities provider's stock valued at $772,000 after purchasing an additional 2,304 shares during the last quarter. Russell Investments Group Ltd. grew its stake in York Water by 44.5% in the third quarter. Russell Investments Group Ltd. now owns 31,391 shares of the utilities provider's stock valued at $961,000 after purchasing an additional 9,661 shares during the last quarter. Penn Capital Management Company LLC raised its holdings in York Water by 2.4% in the third quarter. Penn Capital Management Company LLC now owns 100,101 shares of the utilities provider's stock worth $3,065,000 after purchasing an additional 2,305 shares in the last quarter. Finally, CenterBook Partners LP raised its holdings in York Water by 5.0% in the third quarter. CenterBook Partners LP now owns 38,833 shares of the utilities provider's stock worth $1,189,000 after purchasing an additional 1,844 shares in the last quarter. 49.86% of the stock is owned by hedge funds and other institutional investors.

More York Water News

Investors following YORW have been watching these news items:

• Positive Sentiment: Huntington initiated coverage with a Strong Buy rating and projected EPS of $1.62 for 2026, $1.65 for 2027, and $1.76 for 2028. Its quarterly estimates range from $0.30 to $0.52 per share through Q3 2028, suggesting expectations for modest earnings growth. Huntington recommendations
• Neutral Sentiment: A short-interest update reported zero shares sold short and a 0.0-day short-interest ratio, despite describing short interest as having increased. The figures are inconsistent and provide little clear directional signal for the stock. York Water stock information

York Water Company Profile

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.

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