H2O America (NASDAQ:HTO) Issues Earnings Results

Key Points

• H2O America reported Q1 EPS of $0.50 versus $0.48 expected and issued FY2026 guidance of 3.080–3.180 EPS.
• Major shareholder Atlas purchased 50,385 shares at about $59.06 on April 10 (~$2.98M), boosting its stake by 1.11%, while institutional investors own roughly 84.29% of the stock.
• Street sentiment is a "Moderate Buy" with an average price target of $61.83, versus a midday trade near $59.26 and a 52‑week high of $61.87.

H2O America (NASDAQ:HTO - Get Free Report) released its quarterly earnings data on Tuesday. The utilities provider reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.02, Zacks reports. H2O America had a net margin of 12.81% and a return on equity of 7.08%. H2O America updated its FY 2026 guidance to 3.080-3.180 EPS.

H2O America Stock Performance

Shares of NASDAQ HTO traded down $0.30 during midday trading on Tuesday, reaching $59.26. 413,465 shares of the company traded hands, compared to its average volume of 526,040. H2O America has a 52 week low of $43.75 and a 52 week high of $61.87. The stock has a 50-day moving average price of $57.56 and a 200 day moving average price of $52.36. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.70 and a quick ratio of 0.70. The company has a market cap of $2.48 billion, a price-to-earnings ratio of 20.29, a PEG ratio of 3.94 and a beta of 0.42.

Insider Transactions at H2O America

In related news, major shareholder Atlas Infrastructure Partners acquired 50,385 shares of the business's stock in a transaction that occurred on Friday, April 10th. The shares were acquired at an average cost of $59.06 per share, for a total transaction of $2,975,738.10. Following the completion of the purchase, the insider directly owned 4,582,469 shares in the company, valued at $270,640,619.14. This trade represents a 1.11% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Atlas Holdings Ltd Gip acquired 50,385 shares of the business's stock in a transaction that occurred on Friday, April 10th. The shares were bought at an average price of $59.06 per share, for a total transaction of $2,975,738.10. Following the completion of the purchase, the insider owned 4,582,469 shares of the company's stock, valued at approximately $270,640,619.14. This represents a 1.11% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.52% of the stock is owned by insiders.

Institutional Investors Weigh In On H2O America

A number of hedge funds and other institutional investors have recently modified their holdings of HTO. Amundi bought a new stake in shares of H2O America during the third quarter valued at about $105,965,000. Morgan Stanley raised its stake in shares of H2O America by 123.0% during the fourth quarter. Morgan Stanley now owns 1,368,180 shares of the utilities provider's stock valued at $67,027,000 after purchasing an additional 754,715 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in H2O America in the third quarter worth about $31,737,000. Invesco Ltd. bought a new stake in H2O America in the third quarter worth about $27,753,000. Finally, Legal & General Group Plc bought a new stake in H2O America in the third quarter worth about $27,313,000. 84.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HTO has been the subject of several analyst reports. Citigroup raised shares of H2O America to a "buy" rating in a report on Friday, January 9th. UBS Group set a $61.00 price target on shares of H2O America in a report on Friday, January 9th. TD Cowen initiated coverage on shares of H2O America in a report on Thursday, April 16th. They set a "hold" rating and a $64.00 price target for the company. Robert W. Baird initiated coverage on shares of H2O America in a report on Friday, March 13th. They set an "outperform" rating and a $67.00 price target for the company. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of H2O America in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $61.83.

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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