H2O America (NASDAQ:HTO) Stock Has Consensus Price Target of $65.50 According to Analysts

Shares of H2O America (NASDAQ:HTO) have received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $65.50.

Several brokerages have commented on HTO. Zacks Research upgraded shares of H2O America from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Seaport Research Partners restated a “buy” rating and set a $67.00 price objective on shares of H2O America in a research report on Wednesday, August 12th. Robert W. Baird lifted their price objective on shares of H2O America from $67.00 to $72.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. BTIG Research set a $70.00 target price on shares of H2O America in a report on Wednesday, July 29th. Finally, Wall Street Zen raised shares of H2O America from a “sell” rating to a “hold” rating in a research note on Sunday, August 16th.

Institutional Investors Weigh In On H2O America

Large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new stake in shares of H2O America during the second quarter worth $37,000. Bessemer Group Inc. boosted its position in shares of H2O America by 44.6% in the 1st quarter. Bessemer Group Inc. now owns 661 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 204 shares during the period. Allworth Financial LP purchased a new position in H2O America in the 2nd quarter worth about $42,000. EverSource Wealth Advisors LLC increased its stake in H2O America by 76.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 911 shares of the utilities provider’s stock worth $53,000 after purchasing an additional 394 shares in the last quarter. Finally, Versant Capital Management Inc raised its holdings in H2O America by 22.0% during the 2nd quarter. Versant Capital Management Inc now owns 980 shares of the utilities provider’s stock worth $60,000 after buying an additional 177 shares during the period. 84.29% of the stock is owned by institutional investors.

H2O America Stock Performance

HTO opened at $58.07 on Tuesday. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 6.68 and a beta of 0.33. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.67 and a quick ratio of 1.67. H2O America has a 1-year low of $43.75 and a 1-year high of $67.09. The business has a 50 day moving average price of $62.45 and a two-hundred day moving average price of $60.32.

H2O America (NASDAQ:HTO) last issued its quarterly earnings results on Monday, July 27th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. H2O America had a return on equity of 6.65% and a net margin of 12.91%.The company had revenue of $210.47 million for the quarter. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. Research analysts predict that H2O America will post 2.8 EPS for the current fiscal year.

H2O America Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 10th were issued a $0.44 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.76 annualized dividend and a dividend yield of 3.0%. H2O America’s dividend payout ratio is currently 62.19%.

About H2O America