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Atlas Infrastructure Partners Buys 50,385 Shares of H2O America (NASDAQ:HTO) Stock

H2O America logo with Utilities background
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Key Points

  • Atlas Infrastructure Partners bought 50,385 shares of H2O America on April 10 at an average price of $59.06 (total ~ $2.98M), raising its stake to 4,582,469 shares — a 1.11% increase — according to an SEC filing.
  • H2O America shares slipped 3.3% to $57.71; the company pays a $0.44 quarterly dividend (3.0% yield), issued FY2026 EPS guidance of 3.08–3.18, and carries a consensus analyst rating of "Moderate Buy" with an average target of $62.
  • Five stocks we like better than H2O America.

H2O America (NASDAQ:HTO - Get Free Report) major shareholder Atlas Infrastructure Partners bought 50,385 shares of the stock in a transaction on Friday, April 10th. The stock was purchased at an average cost of $59.06 per share, with a total value of $2,975,738.10. Following the completion of the purchase, the insider directly owned 4,582,469 shares in the company, valued at $270,640,619.14. This trade represents a 1.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

H2O America Stock Down 3.3%

Shares of NASDAQ:HTO traded down $1.96 during midday trading on Monday, hitting $57.71. 225,979 shares of the company's stock traded hands, compared to its average volume of 489,310. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.70 and a current ratio of 0.70. The company has a market cap of $2.41 billion, a PE ratio of 19.78, a P/E/G ratio of 3.09 and a beta of 0.42. The firm's fifty day moving average price is $56.18 and its two-hundred day moving average price is $51.46. H2O America has a twelve month low of $43.75 and a twelve month high of $60.18.

H2O America (NASDAQ:HTO - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.46 EPS for the quarter. H2O America had a net margin of 12.81% and a return on equity of 7.08%. The firm had revenue of $194.19 million for the quarter, compared to analyst estimates of $195.73 million. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. On average, equities research analysts anticipate that H2O America will post 2.75 EPS for the current fiscal year.

H2O America Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were issued a $0.44 dividend. The ex-dividend date was Monday, February 9th. This represents a $1.76 dividend on an annualized basis and a yield of 3.0%. H2O America's payout ratio is currently 60.27%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HTO. Wall Street Zen downgraded shares of H2O America from a "hold" rating to a "sell" rating in a research report on Saturday, February 28th. UBS Group set a $61.00 target price on shares of H2O America in a research report on Friday, January 9th. Zacks Research raised shares of H2O America from a "strong sell" rating to a "hold" rating in a research report on Monday, March 16th. Weiss Ratings reissued a "hold (c-)" rating on shares of H2O America in a research report on Thursday, January 22nd. Finally, Barclays boosted their target price on shares of H2O America from $61.00 to $63.00 and gave the stock an "overweight" rating in a research report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $62.00.

Get Our Latest Report on H2O America

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. CIBC Private Wealth Group LLC acquired a new stake in shares of H2O America in the 3rd quarter worth approximately $8,943,000. JPMorgan Chase & Co. acquired a new stake in shares of H2O America in the 3rd quarter worth approximately $10,556,000. CIBC Bancorp USA Inc. acquired a new stake in shares of H2O America in the 3rd quarter worth approximately $9,108,000. SG Americas Securities LLC acquired a new stake in shares of H2O America in the 4th quarter worth approximately $1,375,000. Finally, Thematics Asset Management acquired a new stake in shares of H2O America in the 3rd quarter worth approximately $6,440,000. Institutional investors own 84.29% of the company's stock.

H2O America Company Profile

(Get Free Report)

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.

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