Renaissance Technologies LLC Purchases 73,900 Shares of H2O America $HTO

Posted by Stanley Muller on Aug 3rd, 2026

Renaissance Technologies LLC grew its holdings in H2O America (NASDAQ:HTO – Free Report) by 88.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 157,900 shares of the utilities provider’s stock after acquiring an additional 73,900 shares during the period. Renaissance Technologies LLC’s holdings in H2O America were worth $9,264,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Gabelli Funds LLC boosted its stake in shares of H2O America by 1.3% during the 1st quarter. Gabelli Funds LLC now owns 149,647 shares of the utilities provider’s stock worth $8,780,000 after purchasing an additional 1,992 shares during the period. Sei Investments Co. raised its position in H2O America by 57.5% during the 1st quarter. Sei Investments Co. now owns 115,943 shares of the utilities provider’s stock valued at $6,802,000 after purchasing an additional 42,346 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of H2O America by 126.5% in the first quarter. Cetera Investment Advisers now owns 12,199 shares of the utilities provider’s stock valued at $716,000 after acquiring an additional 6,813 shares in the last quarter. First Citizens Bank & Trust Co. raised its holdings in shares of H2O America by 29.1% in the 1st quarter. First Citizens Bank & Trust Co. now owns 8,017 shares of the utilities provider’s stock valued at $470,000 after purchasing an additional 1,808 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of H2O America by 5.9% in the 1st quarter. First Trust Advisors LP now owns 531,987 shares of the utilities provider’s stock worth $31,212,000 after acquiring an additional 29,594 shares in the last quarter. Hedge funds and other institutional investors own 84.29% of the company’s stock.

Insider Activity at H2O America

In related news, major shareholder Atlas Infrastructure Partners acquired 2,784 shares of H2O America stock in a transaction that occurred on Tuesday, July 7th. The stock was purchased at an average price of $62.03 per share, for a total transaction of $172,691.52. Following the completion of the purchase, the insider directly owned 4,615,265 shares of the company’s stock, valued at approximately $286,284,887.95. This trade represents a 0.06% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.52% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

HTO has been the topic of a number of recent analyst reports. Zacks Research raised H2O America from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Weiss Ratings upgraded shares of H2O America from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. BTIG Research set a $70.00 price target on H2O America in a research report on Wednesday. Wells Fargo & Company initiated coverage on shares of H2O America in a research report on Monday, May 11th. They issued an “equal weight” rating and a $60.00 price objective for the company. Finally, Wall Street Zen raised shares of H2O America from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, H2O America currently has an average rating of “Moderate Buy” and a consensus target price of $65.67.

Read Our Latest Analysis on HTO

H2O America Price Performance

H2O America stock opened at $61.33 on Monday. The stock’s fifty day simple moving average is $60.09 and its 200-day simple moving average is $57.57. The firm has a market capitalization of $2.57 billion, a P/E ratio of 21.67, a P/E/G ratio of 6.32 and a beta of 0.34. H2O America has a twelve month low of $43.75 and a twelve month high of $67.09. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.02.

H2O America (NASDAQ:HTO – Get Free Report) last issued its earnings results on Monday, July 27th. The utilities provider reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The firm had revenue of $210.47 million during the quarter. H2O America had a net margin of 12.91% and a return on equity of 6.65%. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. As a group, equities analysts expect that H2O America will post 3.13 earnings per share for the current fiscal year.

H2O America Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 10th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, August 10th. H2O America’s dividend payout ratio (DPR) is 62.19%.

H2O America Profile

(Free Report)

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.