Perigon Wealth Management LLC Purchases Shares of 35,450 HA Sustainable Infrastructure Capital, Inc. $HASI

Perigon Wealth Management LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 35,450 shares of the real estate investment trust’s stock, valued at approximately $1,384,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Raiffeisen Bank International AG boosted its stake in shares of HA Sustainable Infrastructure Capital by 24.7% during the 4th quarter. Raiffeisen Bank International AG now owns 311,710 shares of the real estate investment trust’s stock worth $9,965,000 after acquiring an additional 61,710 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of HA Sustainable Infrastructure Capital by 24.5% during the first quarter. California State Teachers Retirement System now owns 146,396 shares of the real estate investment trust’s stock valued at $5,380,000 after purchasing an additional 28,834 shares during the last quarter. Norges Bank acquired a new position in shares of HA Sustainable Infrastructure Capital in the 4th quarter valued at $59,561,000. Rock Point Advisors LLC acquired a new position in shares of HA Sustainable Infrastructure Capital in the 4th quarter valued at $2,199,000. Finally, SFE Investment Counsel purchased a new position in HA Sustainable Infrastructure Capital in the 2nd quarter worth about $6,043,000. 96.14% of the stock is currently owned by institutional investors.

HA Sustainable Infrastructure Capital Stock Down 1.6%

Shares of HA Sustainable Infrastructure Capital stock opened at $41.46 on Wednesday. HA Sustainable Infrastructure Capital, Inc. has a 1 year low of $27.28 and a 1 year high of $44.13. The company has a market cap of $5.33 billion, a P/E ratio of 78.22, a P/E/G ratio of 1.23 and a beta of 1.43. The company has a current ratio of 8.89, a quick ratio of 8.89 and a debt-to-equity ratio of 2.23. The stock has a 50-day moving average price of $38.87 and a 200 day moving average price of $38.59.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.02. The company had revenue of $120.79 million for the quarter, compared to analysts’ expectations 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. As a group, analysts expect that HA Sustainable Infrastructure Capital, Inc. will post 2.75 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.1%. HA Sustainable Infrastructure Capital’s payout ratio is presently 320.75%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on HASI. UBS Group boosted 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. Citigroup raised their target price on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Friday, August 7th. Wells Fargo & Company boosted their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Finally, Morgan Stanley raised their price objective on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a research note on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and an average target price of $47.40.

HA Sustainable Infrastructure Capital Profile

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.