Barclays Issues Pessimistic Forecast for H2O America (NASDAQ:HTO) Stock Price

H2O America (NASDAQ:HTO) had its target price decreased by stock analysts at Barclays from $63.00 to $60.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the utilities provider’s stock. Barclays‘s target price points to a potential upside of 0.98% from the stock’s previous close.

HTO has been the subject of several other research reports. UBS Group set a $61.00 target price on H2O America in a research report on Friday, January 9th. Zacks Research upgraded H2O America from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Robert W. Baird initiated coverage on H2O America in a research report on Friday, March 13th. They set an “outperform” rating and a $67.00 target price for the company. Wall Street Zen downgraded H2O America from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Finally, BTIG Research restated a “buy” rating and set a $61.00 target price on shares of H2O America in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, H2O America has a consensus rating of “Moderate Buy” and a consensus target price of $61.83.

H2O America Price Performance

Shares of NASDAQ:HTO opened at $59.42 on Wednesday. H2O America has a 1-year low of $43.75 and a 1-year high of $60.18. The firm has a market capitalization of $2.49 billion, a PE ratio of 20.35, a PEG ratio of 3.01 and a beta of 0.42. The business’s 50 day moving average is $56.62 and its 200-day moving average is $51.70. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.21.

H2O America (NASDAQ:HTO) last announced its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.46 earnings per share for the quarter. The company had revenue of $194.19 million for the quarter, compared to analyst estimates 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. Sell-side analysts predict that H2O America will post 2.75 earnings per share for the current year.

Insider Transactions at H2O America

In other H2O America news, major shareholder Atlas Infrastructure Partners acquired 50,385 shares of the business’s stock in a transaction on Friday, April 10th. The stock was purchased at an average price of $59.06 per share, for a total transaction of $2,975,738.10. Following the transaction, the insider owned 4,582,469 shares in the company, valued at $270,640,619.14. This trade represents a 1.11% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On H2O America

Institutional investors have recently bought and sold shares of the business. Quadrant Capital Group LLC raised its position in H2O America by 194.9% in the 4th quarter. Quadrant Capital Group LLC now owns 525 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 347 shares during the last quarter. Parallel Advisors LLC raised its position in H2O America by 1,020.8% in the 4th quarter. Parallel Advisors LLC now owns 594 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 541 shares during the last quarter. Farther Finance Advisors LLC bought a new position in H2O America in the 4th quarter valued at $40,000. Hughes Financial Services LLC bought a new position in H2O America in the 3rd quarter valued at $40,000. Finally, IFP Advisors Inc raised its position in H2O America by 139.8% in the 4th quarter. IFP Advisors Inc now owns 976 shares of the utilities provider’s stock valued at $48,000 after purchasing an additional 569 shares during the last quarter. 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.