H2O America (NASDAQ:HTO) Stock Crosses Below 50 Day Moving Average – What’s Next?

H2O America (NASDAQ:HTO)’s share price crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $60.67 and traded as low as $60.33. H2O America shares last traded at $60.56, with a volume of 534,006 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HTO shares. Mizuho started coverage on H2O America in a report on Monday, November 2nd. They issued an “outperform” rating and a $67.00 target price on the stock. Huntington started coverage on H2O America in a research note on Wednesday, October 28th. They set a “strong-buy” rating for the company. Barclays cut their price target on H2O America from $66.00 to $65.00 and set an “overweight” rating for the company in a report on Monday, October 19th. Robert W. Baird lifted their price objective on H2O America from $67.00 to $72.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Wall Street Zen raised H2O America from a “sell” rating to a “hold” rating in a research note on Sunday, August 16th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $64.86.

H2O America Price Performance

The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.85. The firm’s 50-day moving average price is $60.67 and its 200-day moving average price is $59.25. The stock has a market capitalization of $2.93 billion, a PE ratio of 23.75, a PEG ratio of 3.49 and a beta of 0.35.

H2O America (NASDAQ:HTO) last issued its quarterly earnings data on Monday, October 26th. The utilities provider reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.02). H2O America had a return on equity of 6.03% and a net margin of 12.51%. The company had revenue of $250.23 million for the quarter. On average, equities analysts forecast that H2O America will post 2.98 EPS for the current fiscal year.

H2O America Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 9th will be issued a $0.44 dividend. The ex-dividend date is Monday, November 9th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.9%. H2O America’s payout ratio is 69.02%.

Hedge Funds Weigh In On H2O America

Several large investors have recently modified their holdings of HTO. Gabelli Funds LLC lifted its position in H2O America by 12.6% in the third quarter. Gabelli Funds LLC now owns 183,279 shares of the utilities provider’s stock worth $11,295,000 after buying an additional 20,500 shares during the last quarter. Gamco Investors INC. ET AL increased its position in H2O America by 1.0% during the third quarter. Gamco Investors INC. ET AL now owns 51,130 shares of the utilities provider’s stock valued at $3,151,000 after acquiring an additional 500 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in H2O America by 1.4% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 511,261 shares of the utilities provider’s stock valued at $31,509,000 after acquiring an additional 6,893 shares during the last quarter. Global Retirement Partners LLC raised its stake in shares of H2O America by 492.5% in the third quarter. Global Retirement Partners LLC now owns 9,996 shares of the utilities provider’s stock valued at $616,000 after acquiring an additional 8,309 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of H2O America in the third quarter valued at $2,003,000. Institutional investors own 84.29% of the company’s stock.

About H2O America

H2O America is a water utility holding company that provides regulated water and wastewater services through its operating subsidiaries. Its services include water supply, treatment and distribution, as well as wastewater collection and treatment in some service areas. The company serves customers in California, Connecticut, Maine and Texas. Its utility operations include San Jose Water Company, Connecticut Water Company, Maine Water Company and Texas Water Company. H2O America was formerly known as SJW Group and adopted its current name in 2025.