H2O America $HTO Holdings Decreased by Ausbil Investment Management Ltd

Key Points

• Ausbil Investment Management reduced its H2O America stake by 16.9%, selling 41,254 shares and retaining 203,028 shares worth approximately $12.3 million. Institutional investors collectively own 84.29% of the company.
• H2O America reported quarterly EPS of $0.72, beating estimates of $0.70, on revenue of $210.47 million, and issued fiscal 2026 EPS guidance of $3.08–$3.18.
• The company declared a quarterly dividend of $0.44 per share, equivalent to $1.76 annually and a 2.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $65.67.

Ausbil Investment Management Ltd trimmed its holdings in H2O America (NASDAQ:HTO - Free Report) by 16.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 203,028 shares of the utilities provider's stock after selling 41,254 shares during the quarter. H2O America comprises about 5.5% of Ausbil Investment Management Ltd's investment portfolio, making the stock its 3rd biggest holding. Ausbil Investment Management Ltd owned about 0.49% of H2O America worth $12,332,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Quadrant Capital Group LLC grew its holdings in H2O America by 194.9% in the fourth quarter. Quadrant Capital Group LLC now owns 525 shares of the utilities provider's stock worth $26,000 after purchasing an additional 347 shares during the period. Parallel Advisors LLC increased its stake in shares of H2O America by 1,020.8% during the fourth quarter. Parallel Advisors LLC now owns 594 shares of the utilities provider's stock valued at $29,000 after purchasing an additional 541 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of H2O America by 44.6% during the first quarter. Bessemer Group Inc. now owns 661 shares of the utilities provider's stock valued at $39,000 after purchasing an additional 204 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of H2O America during the fourth quarter valued at approximately $40,000. Finally, IFP Advisors Inc boosted its position in shares of H2O America by 139.8% in the 4th quarter. IFP Advisors Inc now owns 976 shares of the utilities provider's stock worth $48,000 after purchasing an additional 569 shares in the last quarter. 84.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other H2O America news, major shareholder Atlas Infrastructure Partners purchased 2,784 shares of the stock in a transaction dated Tuesday, July 7th. The shares were purchased at an average cost of $62.03 per share, with a total value of $172,691.52. Following the completion of the acquisition, the insider directly owned 4,615,265 shares in the company, valued at $286,284,887.95. This trade represents a 0.06% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.52% of the stock is currently owned by insiders.

H2O America Price Performance

Shares of HTO opened at $61.24 on Tuesday. H2O America has a twelve month low of $43.75 and a twelve month high of $67.09. The company has a market capitalization of $2.56 billion, a P/E ratio of 21.64, a price-to-earnings-growth ratio of 6.46 and a beta of 0.34. The firm has a 50 day moving average of $60.59 and a 200 day moving average of $57.93. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.02.

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 (EPS) for the quarter, beating the consensus estimate 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. As a group, equities research analysts anticipate that H2O America will post 3.13 earnings per share for the current fiscal year.

H2O America Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be paid a $0.44 dividend. The ex-dividend date is Monday, August 10th. This represents a $1.76 annualized dividend and a dividend yield of 2.9%. H2O America's payout ratio is currently 62.19%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HTO. Bank of America restated a "buy" rating on shares of H2O America in a research note on Wednesday, April 22nd. Barclays boosted their target price on H2O America from $60.00 to $67.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. Zacks Research raised H2O America from a "strong sell" rating to a "hold" rating in a research note on Monday, June 22nd. Wall Street Zen downgraded H2O America from a "hold" rating to a "sell" rating in a report on Saturday. Finally, BTIG Research set a $70.00 price target on H2O America in a report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $65.67.

About H2O America

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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