42,706 Shares in H2O America $HTO Bought by Clean Yield Group

Key Points

• Clean Yield Group established a new Q4 position in H2O America (NASDAQ:HTO) of 42,706 shares worth about $2.09 million, representing roughly 0.12% ownership per its latest 13F filing.
• Major shareholder Atlas Infrastructure Partners purchased 50,385 shares on April 10 at an average price of $59.06 (~$2.98M), boosting its direct holding to 4,582,469 shares (a 1.11% increase).
• Company snapshot: H2O America has a market cap of $2.44 billion, P/E ~19.94, an annualized dividend of $1.76 (yield ~3.0%), and FY2026 guidance of $3.08–3.18 EPS versus a sell-side average forecast of 2.75 EPS and a consensus price target of $61.40 (Moderate Buy).

Clean Yield Group bought a new position in H2O America (NASDAQ:HTO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 42,706 shares of the utilities provider's stock, valued at approximately $2,092,000. Clean Yield Group owned about 0.12% of H2O America as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HTO. Hughes Financial Services LLC acquired a new position in shares of H2O America in the 3rd quarter worth $40,000. Farther Finance Advisors LLC acquired a new position in shares of H2O America in the 4th quarter worth $40,000. US Bancorp DE acquired a new position in shares of H2O America in the 3rd quarter worth $62,000. Creative Financial Designs Inc. ADV purchased a new position in shares of H2O America during the third quarter valued at $100,000. Finally, GAMMA Investing LLC purchased a new position in shares of H2O America during the fourth quarter valued at $121,000. 84.29% of the stock is currently owned by institutional investors and hedge funds.

H2O America Stock Performance

Shares of HTO stock opened at $58.22 on Thursday. The stock's fifty day simple moving average is $56.50 and its 200-day simple moving average is $51.65. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.21. H2O America has a 1-year low of $43.75 and a 1-year high of $60.18. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 3.00 and a beta of 0.42.

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

H2O America Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were paid 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 60.27%.

Insider Buying and Selling

In other news, major shareholder Atlas Infrastructure Partners bought 50,385 shares of the stock in a transaction on Friday, April 10th. The shares were purchased at an average price of $59.06 per share, for a total transaction of $2,975,738.10. Following the completion of the purchase, the insider directly owned 4,582,469 shares of the company's stock, valued at $270,640,619.14. This trade represents a 1.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.38% of the stock is owned by company insiders.

Analysts Set New Price Targets

HTO has been the topic of a number of research analyst reports. Wall Street Zen downgraded H2O America from a "hold" rating to a "sell" rating in a report on Saturday, February 28th. Citigroup upgraded H2O America to a "buy" rating in a report on Friday, January 9th. Zacks Research upgraded H2O America from a "strong sell" rating to a "hold" rating in a report on Monday, March 16th. Weiss Ratings reiterated a "hold (c-)" rating on shares of H2O America in a report on Thursday, January 22nd. Finally, Robert W. Baird initiated coverage on H2O America in a report on Friday, March 13th. They set an "outperform" rating and a $67.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $61.40.

H2O America 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.

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