SG Americas Securities LLC Makes New $1.38 Million Investment in H2O America $HTO

Key Points

• SG Americas Securities LLC bought a new position in H2O America (HTO) of 28,065 shares valued at about $1.38 million, representing roughly 0.08% of the company at quarter-end.
• Other institutions also opened sizable stakes—Assenagon $13.56M and JPMorgan $10.56M among them—bringing institutional ownership to about 84.29%.
• Analysts are mixed but have an average Moderate Buy rating with a $62 price target; HTO pays a $0.44 quarterly dividend (3.0% yield) and has FY2026 EPS guidance of $3.08–$3.18.

SG Americas Securities LLC bought a new position in H2O America (NASDAQ:HTO - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 28,065 shares of the utilities provider's stock, valued at approximately $1,375,000. SG Americas Securities LLC owned approximately 0.08% of H2O America at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Assenagon Asset Management S.A. bought a new stake in shares of H2O America in the 4th quarter worth $13,562,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of H2O America in the 4th quarter worth $440,000. GAMMA Investing LLC bought a new stake in shares of H2O America in the 4th quarter worth $121,000. JPMorgan Chase & Co. bought a new stake in shares of H2O America in the 3rd quarter worth $10,556,000. Finally, Allworth Financial LP bought a new stake in shares of H2O America in the 3rd quarter worth $157,000. Institutional investors own 84.29% of the company's stock.

Wall Street Analysts Forecast Growth

HTO has been the subject of a number of research analyst reports. Robert W. Baird initiated coverage on H2O America in a report on Friday, March 13th. They issued an "outperform" rating and a $67.00 target price for the company. Zacks Research raised H2O America from a "strong sell" rating to a "hold" rating in a report on Monday, March 16th. Weiss Ratings reissued a "hold (c-)" rating on shares of H2O America in a report on Thursday, January 22nd. Wall Street Zen lowered H2O America from a "hold" rating to a "sell" rating in a report on Saturday, February 28th. Finally, Citigroup raised H2O America to a "buy" rating in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $62.00.

H2O America Stock Performance

Shares of HTO opened at $58.77 on Wednesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.70 and a quick ratio of 0.70. H2O America has a one year low of $43.75 and a one year high of $59.69. The firm has a market capitalization of $2.13 billion, a P/E ratio of 20.13, a PEG ratio of 3.06 and a beta of 0.42. The business has a fifty day moving average of $55.73 and a 200 day moving average of $51.24.

H2O America (NASDAQ:HTO - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.46 EPS for the quarter. H2O America had a return on equity of 7.08% and a net margin of 12.81%.The company had revenue of $194.19 million during the quarter, compared to analyst estimates of $195.73 million. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. As a group, sell-side analysts anticipate that H2O America will post 2.75 EPS for the current year.

H2O America Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 9th were given a dividend of $0.44 per share. The ex-dividend date was Monday, February 9th. This represents a $1.76 annualized dividend and a yield of 3.0%. H2O America's payout ratio is 60.27%.

H2O America 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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