Ausbil Investment Management Ltd Trims Stock Holdings in H2O America $HTO

Key Points

• Ausbil Investment Management cut its H2O America stake by 16.3% in the third quarter, selling 33,084 shares and retaining 169,944 shares worth approximately $10.5 million. Institutional investors collectively own 84.29% of the company.
• H2O America reported quarterly earnings of $0.72 per share, exceeding analyst expectations of $0.70, on revenue of $210.47 million. The company issued fiscal 2026 EPS guidance of $3.08–$3.18.
• The company pays a quarterly dividend of $0.44, or $1.76 annually, representing a 3.0% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $65.50.

Ausbil Investment Management Ltd reduced its stake in shares of H2O America (NASDAQ:HTO - Free Report) by 16.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 169,944 shares of the utilities provider's stock after selling 33,084 shares during the quarter. H2O America comprises 5.3% of Ausbil Investment Management Ltd's portfolio, making the stock its 4th biggest position. Ausbil Investment Management Ltd owned 0.41% of H2O America worth $10,474,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of H2O America in the 2nd quarter valued at approximately $431,857,000. Cerity Partners LLC bought a new stake in H2O America in the fourth quarter valued at approximately $70,830,000. ATLAS Infrastructure Partners UK Ltd. bought a new stake in H2O America in the fourth quarter valued at approximately $28,614,000. Legal & General Group Plc acquired a new stake in H2O America in the second quarter worth $34,792,000. Finally, Cohen & Steers Inc. acquired a new position in shares of H2O America in the 4th quarter valued at $26,677,000. 84.29% of the stock is owned by institutional investors.

H2O America Trading Down 0.3%

H2O America stock opened at $57.98 on Thursday. H2O America has a 52 week low of $43.75 and a 52 week high of $67.09. The stock has a market capitalization of $2.43 billion, a P/E ratio of 20.49, a PEG ratio of 6.70 and a beta of 0.33. The stock has a 50-day simple moving average of $62.53 and a 200 day simple moving average of $60.30. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.67 and a current ratio of 1.67.

H2O America (NASDAQ:HTO - Get Free Report) last posted its earnings results on Monday, July 27th. The utilities provider reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.02. H2O America had a return on equity of 6.65% and a net margin of 12.91%.The business had revenue of $210.47 million for the quarter. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. Analysts expect that H2O America will post 2.8 earnings per share for the current year.

H2O America Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 10th were paid a $0.44 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.76 dividend on an annualized basis and a yield of 3.0%. H2O America's dividend payout ratio is 62.19%.

Wall Street Analyst Weigh In

Several brokerages recently commented on HTO. Zacks Research raised H2O America from a "strong sell" rating to a "hold" rating in a research note on Monday, June 22nd. BTIG Research set a $70.00 price target on H2O America in a report on Wednesday, July 29th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of H2O America in a research report on Monday, August 3rd. Robert W. Baird lifted their price objective on H2O America from $67.00 to $72.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Finally, Wall Street Zen upgraded H2O America from a "sell" rating to a "hold" rating in a research report on Sunday, August 16th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, H2O America has an average rating of "Moderate Buy" and an average target price of $65.50.

H2O America Company Profile

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