Quantinno Capital Management LP Grows Position in H2O America $HTO

Key Points

• Quantinno Capital Management more than doubled its H2O America position by purchasing 21,558 additional shares, bringing its holdings to 41,960 shares worth approximately $2.46 million. Institutional investors collectively own 84.29% of the company.
• H2O America reported quarterly EPS of $0.72, exceeding estimates of $0.70, on revenue of $210.47 million. The company reaffirmed fiscal 2026 EPS guidance of $3.08–$3.18.
• The company declared a quarterly dividend of $0.44 per share, equal to $1.76 annually and a 2.8% yield. Analysts have a “Moderate Buy” consensus rating with an average price target of $65.67.

Quantinno Capital Management LP grew its position in H2O America (NASDAQ:HTO - Free Report) by 105.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,960 shares of the utilities provider's stock after purchasing an additional 21,558 shares during the period. Quantinno Capital Management LP owned approximately 0.10% of H2O America worth $2,462,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. purchased a new position in H2O America in the fourth quarter valued at approximately $133,834,000. Amundi acquired a new stake in shares of H2O America in the third quarter worth $105,965,000. Cerity Partners LLC acquired a new stake in shares of H2O America in the fourth quarter worth $70,830,000. Nuance Investments LLC purchased a new position in shares of H2O America in the 4th quarter valued at $44,420,000. Finally, Morgan Stanley raised its stake in shares of H2O America by 123.0% in the 4th quarter. Morgan Stanley now owns 1,368,180 shares of the utilities provider's stock valued at $67,027,000 after acquiring an additional 754,715 shares during the period. 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 the business's stock in a transaction that occurred on Tuesday, July 7th. The shares were acquired at an average price of $62.03 per share, for a total transaction of $172,691.52. Following the completion of the purchase, the insider owned 4,615,265 shares in the company, valued at $286,284,887.95. The trade was a 0.06% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.52% of the company's stock.

H2O America Price Performance

HTO opened at $62.66 on Monday. The company has a fifty day simple moving average of $60.50 and a 200 day simple moving average of $57.87. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 6.46 and a beta of 0.34. H2O America has a twelve month low of $43.75 and a twelve month high of $67.09. The company has a current ratio of 1.67, a quick 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 results on Monday, July 27th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, topping 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 for the quarter. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. Equities research analysts expect that H2O America will post 3.13 EPS for the current fiscal year.

H2O America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th. H2O America's payout ratio is presently 62.19%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HTO. TD Cowen assumed coverage on shares of H2O America in a research report on Thursday, April 16th. They set a "hold" rating and a $64.00 price target for the company. Wall Street Zen lowered H2O America from a "hold" rating to a "sell" rating in a research report on Saturday. Weiss Ratings restated a "hold (c+)" rating on shares of H2O America in a research note on Monday, August 3rd. Zacks Research raised H2O America from a "strong sell" rating to a "hold" rating in a research report on Monday, June 22nd. Finally, Barclays increased their target price on H2O America from $60.00 to $67.00 and gave the company an "overweight" rating in a research note on Wednesday, July 15th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $65.67.

H2O America Company 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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