Artesian Resources (NASDAQ:ARTNA) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Posted by Stanley Muller on May 15th, 2026

Artesian Resources Corporation (NASDAQ:ARTNA – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $32.39 and traded as high as $32.84. Artesian Resources shares last traded at $32.37, with a volume of 51,527 shares traded.

Analyst Ratings Changes

ARTNA has been the topic of several recent analyst reports. Weiss Ratings downgraded shares of Artesian Resources from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 7th. Zacks Research upgraded shares of Artesian Resources from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

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Artesian Resources Stock Down 2.4%

The firm’s fifty day moving average is $32.12 and its 200 day moving average is $32.37. The company has a current ratio of 1.01, a quick ratio of 0.52 and a debt-to-equity ratio of 0.73. The stock has a market cap of $323.43 million, a P/E ratio of 13.87 and a beta of 0.33.

Artesian Resources (NASDAQ:ARTNA – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.09. Artesian Resources had a net margin of 20.86% and a return on equity of 9.61%. The company had revenue of $27.77 million for the quarter, compared to the consensus estimate of $27.00 million.

Artesian Resources Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a $0.3199 dividend. The ex-dividend date is Friday, May 15th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.1%. This is an increase from Artesian Resources’s previous quarterly dividend of $0.31. Artesian Resources’s dividend payout ratio is 55.31%.

Institutional Trading of Artesian Resources

A number of hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. lifted its position in shares of Artesian Resources by 0.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 54,675 shares of the utilities provider’s stock worth $1,782,000 after acquiring an additional 392 shares during the period. Jones Financial Companies Lllp lifted its stake in Artesian Resources by 39.7% during the third quarter. Jones Financial Companies Lllp now owns 1,435 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 408 shares during the period. Royal Bank of Canada lifted its stake in Artesian Resources by 9.0% during the fourth quarter. Royal Bank of Canada now owns 5,813 shares of the utilities provider’s stock worth $183,000 after purchasing an additional 480 shares during the period. Osaic Holdings Inc. lifted its stake in Artesian Resources by 44.6% during the second quarter. Osaic Holdings Inc. now owns 1,632 shares of the utilities provider’s stock worth $55,000 after purchasing an additional 503 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in Artesian Resources by 0.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 62,269 shares of the utilities provider’s stock worth $1,968,000 after purchasing an additional 581 shares during the period. Institutional investors own 57.37% of the company’s stock.

About Artesian Resources

(Get Free Report)

Artesian Resources Corporation (NASDAQ: ARTNA) is a publicly traded water and wastewater utility company headquartered in Wilmington, Delaware. The company provides regulated water distribution and wastewater collection services to residential, commercial and industrial customers. Through its operating subsidiaries, Artesian is subject to oversight by public utility commissions in Delaware, Maryland and Pennsylvania, ensuring the delivery of safe, high-quality water in compliance with state and federal standards.

Traced back to its roots as the Artesian Water Company founded in 1905, the organization has expanded its footprint through a combination of organic growth and strategic acquisitions.