Artesian Resources (NASDAQ:ARTNA) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Posted by Brian Himes on Sep 18th, 2026

Artesian Resources Corporation (NASDAQ:ARTNA – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $33.38 and traded as high as $35.47. Artesian Resources shares last traded at $35.07, with a volume of 18,743 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Artesian Resources from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

View Our Latest Analysis on ARTNA

Artesian Resources Price Performance

The stock’s fifty day moving average price is $35.02 and its 200-day moving average price is $33.39. The firm has a market cap of $359.98 million, a PE ratio of 15.18 and a beta of 0.34. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.01 and a quick ratio of 0.89.

Artesian Resources (NASDAQ:ARTNA – Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. The company had revenue of $30.66 million during the quarter, compared to analysts’ expectations of $29.80 million. Artesian Resources had a net margin of 20.18% and a return on equity of 9.37%.

Artesian Resources Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 17th were issued a $0.3199 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, August 17th. Artesian Resources’s dividend payout ratio (DPR) is currently 55.90%.

Institutional Trading of Artesian Resources

A number of hedge funds and other institutional investors have recently modified their holdings of ARTNA. Ancora Advisors LLC purchased a new stake in shares of Artesian Resources in the second quarter valued at about $136,000. Sei Investments Co. purchased a new position in Artesian Resources during the first quarter worth about $213,000. Cullen Capital Management LLC acquired a new position in Artesian Resources in the 2nd quarter valued at about $394,000. Gabelli Funds LLC boosted its holdings in Artesian Resources by 23.4% in the 1st quarter. Gabelli Funds LLC now owns 29,000 shares of the utilities provider’s stock valued at $924,000 after purchasing an additional 5,500 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in shares of Artesian Resources by 372.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 45,310 shares of the utilities provider’s stock valued at $1,443,000 after buying an additional 35,718 shares during the period. 57.37% of the stock is owned by institutional investors and hedge funds.

Artesian Resources Company Profile

(Get Free Report)

Artesian Resources Corporation is a regulated water utility holding company headquartered in Newark, Delaware. Through its subsidiaries, the company provides water service to residential, commercial, industrial and institutional customers, along with wastewater services in selected markets.

The company owns and operates water supply and distribution systems, including wells, treatment facilities, storage tanks and pipelines. Its operations also include water treatment, wastewater management, contract operations and related engineering and consulting services for municipalities, developers and other customers.

Artesian primarily serves communities in Delaware, Maryland and Pennsylvania.