47,030 Shares in H2O America $HTO Purchased by E. Ohman J or Asset Management AB

Key Points

• E. Ohman J or Asset Management AB purchased 47,030 shares of H2O America (NASDAQ:HTO) in Q4, valued at approximately $2.306 million, representing about 0.13% of the company.
• Multiple large institutions— including Amundi, First Trust, Dimensional, Invesco and Legal & General—established sizable stakes recently, and institutional investors now own roughly 84.29% of the stock.
• H2O America has a market cap of $2.04 billion and reported Q EPS of $0.46 with FY2026 guidance of 3.080–3.180 EPS; it pays a quarterly dividend of $0.44 (annualized yield ~3.1%) and carries an average analyst rating of "Moderate Buy" with a mean target of $62.

E. Ohman J or Asset Management AB purchased a new stake in H2O America (NASDAQ:HTO - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 47,030 shares of the utilities provider's stock, valued at approximately $2,306,000. E. Ohman J or Asset Management AB owned about 0.13% of H2O America as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Amundi bought a new stake in shares of H2O America during the third quarter worth approximately $105,965,000. First Trust Advisors LP acquired a new position in shares of H2O America in the third quarter valued at approximately $64,063,000. Dimensional Fund Advisors LP bought a new position in shares of H2O America during the third quarter worth approximately $31,737,000. Invesco Ltd. acquired a new stake in H2O America during the 3rd quarter worth approximately $27,753,000. Finally, Legal & General Group Plc acquired a new stake in H2O America during the 3rd quarter worth approximately $27,313,000. 84.29% of the stock is owned by institutional investors.

H2O America Price Performance

HTO stock opened at $56.45 on Wednesday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.21. H2O America has a 12 month low of $43.75 and a 12 month high of $59.00. The firm has a market cap of $2.04 billion, a P/E ratio of 19.33, a P/E/G ratio of 2.92 and a beta of 0.48. The company's 50-day moving average price is $54.65 and its two-hundred day moving average price is $50.58.

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

H2O America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were paid a dividend of $0.44 per share. The ex-dividend date was Monday, February 9th. This represents a $1.76 annualized dividend and a yield of 3.1%. H2O America's dividend payout ratio is presently 60.27%.

Analyst Ratings Changes

HTO has been the topic of a number of research reports. Wall Street Zen lowered H2O America from a "hold" rating to a "sell" rating in a report on Saturday, February 28th. UBS Group set a $61.00 target price on H2O America in a report on Friday, January 9th. Barclays boosted their target price on shares of H2O America from $61.00 to $63.00 and gave the company an "overweight" rating in a research report on Monday, March 9th. Citigroup raised shares of H2O America to a "buy" rating in a research report on Friday, January 9th. Finally, Robert W. Baird initiated coverage on shares of H2O America in a research note on Friday, March 13th. They issued an "outperform" rating and a $67.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $62.00.

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.

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