Middlesex Water Company $MSEX Shares Acquired by Renaissance Technologies LLC

Posted by Francis Steltz on Aug 4th, 2026

Renaissance Technologies LLC lifted its position in shares of Middlesex Water Company (NASDAQ:MSEX – Free Report) by 13.8% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 147,013 shares of the utilities provider’s stock after purchasing an additional 17,800 shares during the quarter. Renaissance Technologies LLC’s holdings in Middlesex Water were worth $7,652,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Middlesex Water by 8.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,921 shares of the utilities provider’s stock worth $892,000 after buying an additional 1,058 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Middlesex Water by 23.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 190,574 shares of the utilities provider’s stock valued at $12,216,000 after acquiring an additional 36,540 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Middlesex Water by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,222 shares of the utilities provider’s stock valued at $3,796,000 after acquiring an additional 2,349 shares in the last quarter. Creative Planning lifted its holdings in shares of Middlesex Water by 47.1% during the 2nd quarter. Creative Planning now owns 4,795 shares of the utilities provider’s stock valued at $260,000 after acquiring an additional 1,535 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in Middlesex Water by 21.0% during the 2nd quarter. American Century Companies Inc. now owns 42,320 shares of the utilities provider’s stock worth $2,293,000 after purchasing an additional 7,335 shares during the period. Hedge funds and other institutional investors own 79.52% of the company’s stock.

Middlesex Water Stock Down 0.8%

Shares of NASDAQ MSEX opened at $56.85 on Tuesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.41 and a current ratio of 0.50. Middlesex Water Company has a 1 year low of $44.17 and a 1 year high of $62.17. The stock’s 50-day simple moving average is $54.62 and its 200-day simple moving average is $53.37. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 21.95 and a beta of 0.75.

Middlesex Water (NASDAQ:MSEX – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.13. Middlesex Water had a return on equity of 9.59% and a net margin of 23.26%.The firm had revenue of $56.36 million during the quarter, compared to the consensus estimate of $54.51 million.

Middlesex Water Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, August 17th. Middlesex Water’s dividend payout ratio is 55.60%.

Analysts Set New Price Targets

MSEX has been the topic of several research reports. Wall Street Zen raised Middlesex Water from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Robert W. Baird set a $66.00 target price on Middlesex Water in a research note on Friday. Weiss Ratings downgraded Middlesex Water from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, July 20th. Finally, New Street Research set a $64.00 price target on Middlesex Water in a research report on Thursday, July 9th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $61.67.

Read Our Latest Research Report on MSEX

About Middlesex Water

(Free Report)

Middlesex Water Company is a regulated utility specializing in the provision of potable water and wastewater collection services to residential, commercial and industrial customers. The company operates through its wholly owned subsidiaries, supplying treated water and effectively managing sewage collection systems under state and local regulatory frameworks. Its core mission centers on delivering safe, reliable water while complying with stringent environmental and public health standards.

Founded in 1897 and headquartered in Iselin, New Jersey, Middlesex Water has grown from a local water works enterprise into a multi‐state utilities group.