Amundi Decreases Stock Holdings in H2O America $HTO

Key Points

• Amundi reduced its H2O America position by 4.5% in the second quarter, selling 51,585 shares and retaining 1.1 million shares worth approximately $67.2 million. Institutional investors collectively own 84.29% of the company.
• H2O America reported quarterly EPS of $0.72, exceeding analysts’ $0.70 estimate, on revenue of $210.5 million. The company maintained FY 2026 EPS guidance of $3.08–$3.18.
• The company paid a quarterly dividend of $0.44 per share, equivalent to an annualized $1.76 dividend and a 2.8% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $65.67.

Amundi decreased its holdings in shares of H2O America (NASDAQ:HTO - Free Report) by 4.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,105,367 shares of the utilities provider's stock after selling 51,585 shares during the period. Amundi owned 2.64% of H2O America worth $67,165,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. BlackRock Inc. purchased a new stake in H2O America in the second quarter worth $431,857,000. California State Teachers Retirement System boosted its holdings in H2O America by 8,756.4% in the second quarter. California State Teachers Retirement System now owns 2,726,628 shares of the utilities provider's stock valued at $165,697,000 after acquiring an additional 2,695,841 shares in the last quarter. Wellington Management Group LLP increased its position in H2O America by 23.7% during the 2nd quarter. Wellington Management Group LLP now owns 1,995,839 shares of the utilities provider's stock valued at $121,287,000 after purchasing an additional 382,268 shares during the period. Cerity Partners LLC purchased a new position in H2O America during the 4th quarter valued at $70,830,000. Finally, Morgan Stanley raised its holdings in H2O America by 123.0% in the 4th quarter. Morgan Stanley now owns 1,368,180 shares of the utilities provider's stock worth $67,027,000 after purchasing an additional 754,715 shares in the last quarter. Hedge funds and other institutional investors own 84.29% of the company's stock.

Insider Activity

In other H2O America news, major shareholder Atlas Infrastructure Partners purchased 2,784 shares of H2O America stock in a transaction dated Tuesday, July 7th. The stock was purchased at an average price of $62.03 per share, with a total value of $172,691.52. Following the transaction, the insider directly owned 4,615,265 shares of the company's stock, valued at $286,284,887.95. This trade represents a 0.06% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is currently owned by company insiders.

H2O America Stock Performance

Shares of NASDAQ HTO opened at $63.03 on Friday. The firm's 50-day moving average price is $63.16 and its 200-day moving average price is $59.65. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.02. The company has a market cap of $2.64 billion, a PE ratio of 22.27, a PEG ratio of 7.41 and a beta of 0.34. H2O America has a 52-week low of $43.75 and a 52-week high of $67.09.

H2O America (NASDAQ:HTO - Get Free Report) last released its quarterly earnings data on Monday, July 27th. The utilities provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. H2O America had a net margin of 12.91% and a return on equity of 6.65%. The firm had revenue of $210.47 million during the quarter. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. As a group, analysts anticipate that H2O America will post 2.8 EPS for the current year.

H2O America Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, August 10th. H2O America's dividend payout ratio (DPR) is 62.19%.

Analyst Ratings Changes

HTO has been the subject of several research analyst reports. Barclays raised their price objective on shares of H2O America from $60.00 to $67.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. Seaport Research Partners restated a "buy" rating and issued a $67.00 target price on shares of H2O America in a research note on Wednesday, August 12th. Wall Street Zen upgraded H2O America from a "sell" rating to a "hold" rating in a research report on Sunday, August 16th. Robert W. Baird increased their price objective on H2O America from $67.00 to $72.00 and gave the stock an "outperform" rating in a report on Wednesday, July 29th. Finally, Zacks Research raised H2O America from a "strong sell" rating to a "hold" rating in a research report on Monday, June 22nd. Five analysts have rated the stock with a Buy rating and four have given 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 $65.67.

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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