Bank of America Corp DE Takes Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• Bank of America purchased 1.21 million shares of HA Sustainable Infrastructure Capital in the second quarter, valued at approximately $47.2 million and representing a 0.94% stake. Institutional investors collectively own 96.14% of the company.
• HASI reported quarterly EPS of $0.75, exceeding analyst expectations of $0.73, while revenue of $120.79 million also topped estimates. The company set fiscal 2026 EPS guidance at $3.55–$3.65.
• The company declared a quarterly dividend of $0.425 per share, equivalent to an annualized $1.70 payout and a 4.6% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $47.60.

Bank of America Corp DE purchased a new position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,209,286 shares of the real estate investment trust's stock, valued at approximately $47,223,000. Bank of America Corp DE owned 0.94% of HA Sustainable Infrastructure Capital as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of HA Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $834,012,000. Geode Capital Management LLC grew its position in shares of HA Sustainable Infrastructure Capital by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust's stock worth $92,572,000 after buying an additional 54,898 shares in the last quarter. Erste Asset Management GmbH grew its position in shares of HA Sustainable Infrastructure Capital by 12.1% during the fourth quarter. Erste Asset Management GmbH now owns 2,251,786 shares of the real estate investment trust's stock worth $73,016,000 after buying an additional 242,282 shares in the last quarter. Norges Bank bought a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter worth $59,561,000. Finally, Neumeier Poma Investment Counsel LLC bought a new stake in shares of HA Sustainable Infrastructure Capital in the second quarter worth $60,865,790. Institutional investors and hedge funds own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Trading Up 0.2%

HA Sustainable Infrastructure Capital stock opened at $36.80 on Monday. HA Sustainable Infrastructure Capital, Inc. has a 52-week low of $27.28 and a 52-week high of $44.13. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of 69.42, a PEG ratio of 1.18 and a beta of 1.43. The firm has a 50-day moving average price of $39.07 and a two-hundred day moving average price of $38.93.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.02. The firm had revenue of $120.79 million during the quarter, compared to analyst estimates 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. Sell-side analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Friday, October 2nd will be given a dividend of $0.425 per share. The ex-dividend date is Friday, October 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.6%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 320.75%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HASI. Mizuho boosted their target price on shares of HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 9th. Morgan Stanley lifted their price target on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 18th. Bank of America reissued a "buy" rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, August 18th. Weiss Ratings restated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. increased their target price on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock an "overweight" rating in a report on Friday, August 7th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $47.60.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc NYSE: HASI, formerly known as Hannon Armstrong Sustainable Infrastructure Capital, is an investment firm focused on climate solutions and sustainable infrastructure. The company provides capital to projects and businesses that support the transition to a more sustainable and resilient economy.

HASI invests in and finances assets such as renewable energy, including solar generation; energy-efficiency projects; sustainable transportation; and other infrastructure designed to reduce greenhouse-gas emissions or improve resource efficiency.

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