H2O America (NASDAQ:HTO) Sees Unusually-High Trading Volume – What’s Next?

H2O America (NASDAQ:HTO) shares saw unusually-high trading volume on Monday . Approximately 360,174 shares changed hands during mid-day trading, a decline of 26% from the previous session’s volume of 487,687 shares.The stock last traded at $58.9650 and had previously closed at $59.18.

Wall Street Analyst Weigh In

HTO has been the topic of several analyst reports. BTIG Research reiterated a “buy” rating and issued a $61.00 target price on shares of H2O America in a report on Tuesday, March 3rd. Zacks Research upgraded shares of H2O America from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Wall Street Zen lowered shares of H2O America from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Barclays increased their target price on shares of H2O America from $61.00 to $63.00 and gave the stock an “overweight” rating in a report on Monday, March 9th. Finally, Robert W. Baird began coverage on shares of H2O America in a report on Friday, March 13th. They issued an “outperform” rating and a $67.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, H2O America has a consensus rating of “Moderate Buy” and an average target price of $62.00.

H2O America Stock Performance

The stock has a fifty day simple moving average of $55.73 and a 200-day simple moving average of $51.24. The stock has a market cap of $2.13 billion, a P/E ratio of 20.13, a PEG ratio of 3.06 and a beta of 0.42. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.70 and a current ratio of 0.70.

H2O America (NASDAQ:HTO) last released its earnings results on Wednesday, February 25th. The utilities provider reported $0.46 earnings per share (EPS) for the quarter. The firm had revenue of $194.19 million during the quarter, compared to analysts’ expectations of $195.73 million. H2O America had a return on equity of 7.08% and a net margin of 12.81%.H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. On average, equities analysts expect that H2O America will post 2.75 earnings per share for the current year.

H2O America Dividend Announcement

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

Hedge Funds Weigh In On H2O America

Large investors have recently added to or reduced their stakes in the company. US Bancorp DE acquired a new stake in H2O America in the 3rd quarter valued at $62,000. Intech Investment Management LLC acquired a new stake in H2O America in the 3rd quarter valued at $687,000. R Squared Ltd acquired a new stake in H2O America in the 3rd quarter valued at $243,000. Handelsbanken Fonder AB acquired a new stake in H2O America in the 3rd quarter valued at $514,000. Finally, Creative Financial Designs Inc. ADV acquired a new stake in H2O America in the 3rd quarter valued at $100,000. 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.