H2O America (NASDAQ:HTO) Updates FY 2026 Earnings Guidance

Key Points

• FY 2026 EPS guidance: H2O America updated its FY 2026 earnings guidance to 3.080–3.180 EPS, well above the consensus estimate of 2.73.
• Recent quarter beat expectations—H2O reported $0.50 EPS vs. $0.48 consensus—with a net margin of 12.81% and ROE of 7.08%, while the stock traded down 0.5% to $59.26 and carries a P/E of 20.29.
• Insider buying: Major shareholders Atlas Holdings Ltd and Atlas Infrastructure Partners each bought 50,385 shares at $59.06 on April 10, increasing their combined holdings to about 4.58 million shares (a ~1.11% position increase).

H2O America (NASDAQ:HTO - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.080-3.180 for the period, compared to the consensus earnings per share estimate of 2.730. The company issued revenue guidance of -.

H2O America Stock Down 0.5%

NASDAQ:HTO traded down $0.30 on Tuesday, reaching $59.26. The stock had a trading volume of 413,465 shares, compared to its average volume of 526,040. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.21. The company has a 50-day moving average of $57.56 and a 200 day moving average of $52.36. The stock has a market cap of $2.48 billion, a P/E ratio of 20.29, a price-to-earnings-growth ratio of 3.94 and a beta of 0.42. H2O America has a 12-month low of $43.75 and a 12-month high of $61.87.

H2O America (NASDAQ:HTO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. H2O America had a net margin of 12.81% and a return on equity of 7.08%. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. On average, research analysts predict that H2O America will post 2.7 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. BTIG Research reiterated a "buy" rating and set a $61.00 price objective on shares of H2O America in a research note on Tuesday, March 3rd. Citigroup upgraded shares of H2O America to a "buy" rating in a research note on Friday, January 9th. Robert W. Baird assumed coverage on shares of H2O America in a research note on Friday, March 13th. They set an "outperform" rating and a $67.00 price objective on the stock. Bank of America reiterated a "buy" rating on shares of H2O America in a research note on Wednesday, April 22nd. Finally, TD Cowen assumed coverage on shares of H2O America in a research note on Thursday, April 16th. They set a "hold" rating and a $64.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $61.83.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of HTO. Quadrant Capital Group LLC increased its stake in H2O America by 194.9% in the fourth quarter. Quadrant Capital Group LLC now owns 525 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 347 shares during the period. MetLife Investment Management LLC grew its stake in H2O America by 2.1% during the fourth quarter. MetLife Investment Management LLC now owns 18,331 shares of the utilities provider's stock worth $898,000 after buying an additional 379 shares during the last quarter. Parallel Advisors LLC grew its stake in H2O America by 1,020.8% during the fourth quarter. Parallel Advisors LLC now owns 594 shares of the utilities provider's stock worth $29,000 after buying an additional 541 shares during the last quarter. Cetera Investment Advisers grew its stake in H2O America by 15.1% during the fourth quarter. Cetera Investment Advisers now owns 5,386 shares of the utilities provider's stock worth $264,000 after buying an additional 705 shares during the last quarter. Finally, Mariner LLC grew its stake in H2O America by 1.9% during the fourth quarter. Mariner LLC now owns 46,865 shares of the utilities provider's stock worth $2,296,000 after buying an additional 871 shares during the last quarter. Institutional investors own 84.29% of the company's stock.

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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