SFE Investment Counsel Buys New Position in HA Sustainable Infrastructure Capital, Inc. $HASI

Key Points

• SFE Investment Counsel bought 154,759 shares of HA Sustainable Infrastructure Capital during the second quarter, establishing a stake worth approximately $6.04 million. Institutional investors and hedge funds collectively own 96.14% of the company.
• Wall Street sentiment remains positive: 10 analysts rate HASI a Buy and two rate it Hold, producing a consensus “Moderate Buy” rating and a $47.10 price target.
• HASI exceeded quarterly earnings expectations, reporting $0.75 EPS versus $0.73 expected and $120.79 million in revenue. The company also declared a $0.425 quarterly dividend, equivalent to a 4.0% annual yield.

SFE Investment Counsel bought a new stake in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 154,759 shares of the real estate investment trust's stock, valued at approximately $6,043,000. SFE Investment Counsel owned approximately 0.12% of HA Sustainable Infrastructure Capital at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of HA Sustainable Infrastructure Capital by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust's stock valued at $441,610,000 after buying an additional 61,189 shares during the period. T. Rowe Price Investment Management Inc. grew its stake in HA Sustainable Infrastructure Capital by 24.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust's stock worth $207,578,000 after acquiring an additional 1,282,466 shares during the period. State Street Corp grew its stake in HA Sustainable Infrastructure Capital by 2.0% in the 4th quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust's stock worth $172,499,000 after acquiring an additional 108,376 shares during the period. Alliancebernstein L.P. raised its holdings in HA Sustainable Infrastructure Capital by 1,015.5% in the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust's stock valued at $117,012,000 after acquiring an additional 3,965,832 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in HA Sustainable Infrastructure Capital by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust's stock valued at $92,572,000 after acquiring an additional 54,898 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HASI. UBS Group raised their price objective on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Weiss Ratings reiterated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research report on Friday, August 7th. Citigroup raised their price target on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, April 21st. JPMorgan Chase & Co. lifted their price target on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada upped their price objective on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an "outperform" rating in a research note on Friday, May 8th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.10.

HA Sustainable Infrastructure Capital Stock Down 0.6%

Shares of HASI opened at $42.10 on Friday. HA Sustainable Infrastructure Capital, Inc. has a fifty-two week low of $26.51 and a fifty-two week high of $44.13. The company's fifty day moving average is $38.68 and its two-hundred day moving average is $38.46. The firm has a market cap of $5.41 billion, a PE ratio of 79.43, a price-to-earnings-growth ratio of 1.23 and a beta of 1.43. The company has a quick ratio of 12.10, a current ratio of 8.89 and a debt-to-equity ratio of 2.23.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.02. The business had revenue of $120.79 million during the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%.HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.74 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. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.425 per share. The ex-dividend date is Friday, October 2nd. This represents a $1.70 annualized dividend and a yield of 4.0%. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 320.75%.

About HA Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc NYSE: HASI is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong's core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.

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