Brokerages Set H2O America (NASDAQ:HTO) Target Price at $60.00

Shares of H2O America (NASDAQ:HTO) have been assigned a consensus rating of “Hold” from the six research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $60.25.

A number of equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H2O America in a research note on Thursday, January 22nd. Citigroup upgraded H2O America to a “buy” rating in a report on Friday, January 9th. UBS Group set a $61.00 target price on H2O America in a research report on Friday, January 9th. Zacks Research downgraded H2O America from a “hold” rating to a “strong sell” rating in a report on Thursday, January 22nd. Finally, Barclays initiated coverage on H2O America in a report on Monday. They set an “overweight” rating and a $61.00 price target on the stock.

H2O America Trading Up 0.6%

Shares of HTO stock opened at $55.18 on Monday. H2O America has a 1-year low of $43.75 and a 1-year high of $57.17. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.15. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 2.84 and a beta of 0.48. The stock has a 50-day moving average of $52.03 and a 200-day moving average of $49.69.

H2O America (NASDAQ:HTO) last posted its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.46 EPS for the quarter. H2O America had a return on equity of 7.87% and a net margin of 13.59%.H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. On average, equities research analysts forecast that H2O America will post 2.75 earnings per share for the current year.

H2O America Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Monday, February 9th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.76 annualized dividend and a yield of 3.2%. H2O America’s dividend payout ratio is currently 55.87%.

Institutional Investors Weigh In On H2O America

Several hedge funds and other institutional investors have recently bought and sold shares of HTO. New Age Alpha Advisors LLC boosted its position in shares of H2O America by 0.4% during the 4th quarter. New Age Alpha Advisors LLC now owns 61,651 shares of the utilities provider’s stock worth $3,020,000 after purchasing an additional 239 shares in the last quarter. Magellan Asset Management Ltd raised its stake in H2O America by 1.3% during the 4th quarter. Magellan Asset Management Ltd now owns 21,849 shares of the utilities provider’s stock worth $1,070,000 after buying an additional 285 shares during the period. Quadrant Capital Group LLC raised its stake in H2O America by 194.9% during the 4th quarter. Quadrant Capital Group LLC now owns 525 shares of the utilities provider’s stock worth $26,000 after buying an additional 347 shares during the period. MetLife Investment Management LLC boosted its holdings in H2O America by 2.1% in the fourth quarter. MetLife Investment Management LLC now owns 18,331 shares of the utilities provider’s stock worth $898,000 after acquiring an additional 379 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in H2O America by 1,020.8% in the fourth quarter. Parallel Advisors LLC now owns 594 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 541 shares in the last quarter. 84.29% of the stock is owned by institutional investors.

H2O America Company Profile

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.