H2O America (NASDAQ: HTO) reported third-quarter 2026 operating revenue of $250.2 million, up 4% from $240.6 million a year earlier. GAAP net income was $43.0 million, down 5% from $45.1 million, while diluted earnings per share were $0.99 versus $1.27.
For the first nine months of 2026, operating revenue rose 6% to $644.0 million and GAAP net income increased 3% to $88.6 million. The company completed its Quadvest acquisition on October 1 and declared a quarterly dividend of $0.44 per share.
- Third-quarter operating expenses increased 8% to $189.7 million.
- Nine-month diluted GAAP EPS was $2.13, compared with $2.48 in the prior-year period.
- Standalone 2026 adjusted diluted EPS guidance was narrowed to $3.10 to $3.16.
- Including Quadvest and pending Cibolo Valley acquisition impacts, 2026 adjusted diluted EPS guidance is $2.91 to $2.97.
- Infrastructure investment through September 30 totaled $325.1 million; the full-year company-funded capital plan is approximately $465 million.
- The quarterly dividend is payable December 1, 2026, to shareholders of record November 9, 2026.
$HTO Insider Trading Activity
$HTO insiders have traded $HTO stock on the open market 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HTO stock by insiders over the last 6 months:
- INFRASTRUCTURE PARTNERS (UK) LTD. ATLAS has made 2 purchases buying 4,916 shares for an estimated $302,226 and 1 sale selling 1,686 shares for an estimated $102,399.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HTO Hedge Fund Activity
We have seen 181 institutional investors add shares of $HTO stock to their portfolio, and 124 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- COHEN & STEERS, INC. removed 1,297,094 shares (-80.7%) from their portfolio in Q2 2026, for an estimated $78,824,402
- VICTORY CAPITAL MANAGEMENT INC added 700,392 shares (+149.5%) to their portfolio in Q2 2026, for an estimated $42,562,821
- BLACKROCK, INC. added 688,680 shares (+10.7%) to their portfolio in Q2 2026, for an estimated $41,851,083
- TWO SIGMA INVESTMENTS, LP added 556,161 shares (+222.2%) to their portfolio in Q2 2026, for an estimated $33,797,903
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 503,037 shares (+inf%) to their portfolio in Q2 2026, for an estimated $30,569,558
- ANTIPODES PARTNERS LTD removed 489,427 shares (-21.8%) from their portfolio in Q2 2026, for an estimated $29,742,478
- ZIMMER PARTNERS, LP removed 487,500 shares (-48.7%) from their portfolio in Q2 2026, for an estimated $29,625,375
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
