York Water (NASDAQ:YORW) Given New $33.40 Price Target at Freedom Broker

York Water (NASDAQ:YORW) had its price target boosted by Freedom Broker from $31.00 to $33.40 in a research report sent to investors on Wednesday,Benzinga reports. The brokerage currently has a hold rating on the utilities provider’s stock.

A number of other equities analysts have also recently weighed in on YORW. Huntington started coverage on shares of York Water in a research report on Monday. They set a “strong-buy” rating for the company. Weiss Ratings reissued a “hold (c)” rating on shares of York Water in a research report on Friday, October 30th. Finally, Cantor Fitzgerald set a $31.00 target price on York Water in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.20.

York Water Stock Performance

Shares of YORW stock opened at $31.71 on Wednesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.09 and a quick ratio of 0.88. The firm has a market cap of $514.97 million, a PE ratio of 19.10 and a beta of 0.52. The company has a 50-day moving average of $31.80 and a two-hundred day moving average of $31.39. York Water has a 1-year low of $28.26 and a 1-year high of $34.81.

York Water (NASDAQ:YORW) last announced its quarterly earnings results on Friday, November 6th. The utilities provider reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. The business had revenue of $24.33 million during the quarter, compared to analysts’ expectations of $22.60 million. York Water had a net margin of 29.07% and a return on equity of 9.45%. On average, analysts predict that York Water will post 1.62 EPS for the current year.

York Water Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a $0.2280 dividend. This represents a $0.91 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Wednesday, September 30th. York Water’s payout ratio is currently 54.82%.

Insider Transactions at York Water

In other York Water news, CEO Joseph Hand sold 8,000 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $33.28, for a total transaction of $266,240.00. Following the sale, the chief executive officer directly owned 35,308 shares in the company, valued at $1,175,050.24. This represents a 18.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David M. Velazquez purchased 1,288 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was acquired at an average cost of $31.07 per share, with a total value of $40,018.16. Following the transaction, the director directly owned 1,288 shares in the company, valued at $40,018.16. This trade represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 1,410 shares of company stock worth $44,024 over the last quarter. Insiders own 0.50% of the company’s stock.

Institutional Trading of York Water

Several hedge funds have recently modified their holdings of YORW. BlackRock Inc. acquired a new position in York Water during the 2nd quarter worth $39,283,000. Legal & General Group Plc acquired a new stake in York Water in the 2nd quarter valued at about $9,859,000. Bank of New York Mellon Corp purchased a new position in shares of York Water in the 2nd quarter valued at about $4,714,000. Renaissance Technologies LLC boosted its stake in shares of York Water by 80.8% in the 1st quarter. Renaissance Technologies LLC now owns 204,036 shares of the utilities provider’s stock valued at $6,213,000 after buying an additional 91,200 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of York Water by 36.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 326,730 shares of the utilities provider’s stock valued at $9,949,000 after buying an additional 86,917 shares during the period. 49.86% of the stock is currently owned by institutional investors and hedge funds.

York Water News Summary

Investors following YORW have been watching these news items:

• Positive Sentiment: Freedom Broker raised its price target to $33.40 from $31.00, implying about 5.3% potential upside from the cited share price. Its rating remains Hold, tempering the optimism. Freedom Broker recommendations
• Positive Sentiment: Huntington initiated coverage with a Strong Buy rating and forecasts EPS of $1.62 for 2026, $1.65 for 2027, and $1.76 for 2028. The projected earnings growth supports a positive longer-term view, although these are analyst estimates rather than company guidance. Huntington recommendations
• Neutral Sentiment: A short-interest update described a significant increase but reported short interest of zero shares and a 0.0-day short-interest ratio. Those figures are inconsistent, so the update provides no clear signal about bearish positioning.

About York Water

The York Water Company is an investor-owned utility that provides water and wastewater services in south-central Pennsylvania. Its water operations include collecting, treating and distributing water to residential, commercial and industrial customers. The company also provides wastewater collection and treatment services. Its service area is centered in York County and extends into parts of neighboring counties. Founded in 1816, York Water is widely recognized as one of the oldest investor-owned water utilities in the United States.