57,405 Shares in HA Sustainable Infrastructure Capital, Inc. $HASI Acquired by Jupiter Topco LLC

Key Points

• Jupiter Topco LLC acquired 57,405 HASI shares worth approximately $2.24 million during the second quarter. Institutional investors collectively own 96.14% of the company, with BlackRock also establishing a significant new position.
• Analysts maintain a favorable outlook, with 11 Buy ratings and two Holds producing a consensus “Moderate Buy” rating and an average price target of $47.40.
• HASI exceeded quarterly expectations with earnings of $0.75 per share and revenue of $120.79 million. The company declared a quarterly dividend of $0.425 per share, equivalent to a 4.3% annualized yield.

Jupiter Topco LLC acquired a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 57,405 shares of the real estate investment trust's stock, valued at approximately $2,244,000.

Several other hedge funds also recently bought and sold shares of HASI. BlackRock Inc. bought a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter worth $834,012,000. T. Rowe Price Investment Management Inc. grew its holdings in shares of HA Sustainable Infrastructure Capital by 24.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust's stock worth $207,578,000 after purchasing an additional 1,282,466 shares during the last quarter. State Street Corp increased its stake in HA Sustainable Infrastructure Capital by 2.0% in the 4th quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust's stock worth $172,499,000 after buying an additional 108,376 shares during the period. Alliancebernstein L.P. increased its stake in HA Sustainable Infrastructure Capital by 1,015.5% in the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust's stock worth $117,012,000 after buying an additional 3,965,832 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in HA Sustainable Infrastructure Capital by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust's stock valued at $92,572,000 after buying an additional 54,898 shares in the last quarter. Institutional investors own 96.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HASI. Weiss Ratings restated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Bank of America reiterated a "buy" rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, August 18th. JPMorgan Chase & Co. increased their price objective on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Wells Fargo & Company raised their price objective on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an "overweight" rating in a report on Tuesday, May 12th. Finally, Morgan Stanley lifted their target price on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an "overweight" rating in a research report on Tuesday, August 18th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $47.40.

HA Sustainable Infrastructure Capital Price Performance

Shares of HASI stock opened at $39.84 on Friday. HA Sustainable Infrastructure Capital, Inc. has a 1-year low of $27.28 and a 1-year high of $44.13. The stock's 50-day moving average is $39.24 and its 200 day moving average is $38.93. The company has a market cap of $5.12 billion, a P/E ratio of 75.17, a PEG ratio of 1.29 and a beta of 1.43. The company has a debt-to-equity ratio of 2.23, a current ratio of 8.89 and a quick ratio of 8.89.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.02. The business had revenue of $120.79 million during the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Research analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, October 2nd. HA Sustainable Infrastructure Capital's payout ratio is 320.75%.

About HA Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc NYSE: HASI is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong's core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.

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