HTONasdaqWater SupplyFiscal year ends December 31
H2O AMERICA
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026
$55.88−1.81 (-3.14%)
Close on Oct 19, 2026
- Market cap
- $2.40B
- P/E (TTM)
- 19.7
- Dividend yield
- 3.01%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
44M of 42M shares
Institutional holders
314
46 new, 39 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
6 buys · 3 sales
Net bought $7.93M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 6,612,895 | 15.80% | 13G (passive) amendment | Jun 30, 2026 |
| GIP Atlas Holdings Limited | 4,675,469 | 11.17% | 13G (passive) amendment | Sep 21, 2026 |
| ATLAS Infrastructure Partners (UK) Ltd. | 4,532,084 | 10.83% | 13G (passive) amendment | Mar 4, 2026 |
| Future Fund Board of Guardians | 2,603,878 | 6.20% | 13G (passive) | Mar 3, 2026 |
| Melinda C. Moss | 2,552,000 | 8.00% | 13G (passive) amendment | Dec 31, 2023 |
| Amundi | 1,998,181 | 5.85% | 13G (passive) | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of HTO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7,106,413 | 16.98% | $431.86M | +688,680 | 0.01% |
| ATLAS Infrastructure Partners (UK) Ltd. | 4,612,035 | 11.02% | $280.27M | +79,951 | 8.50% |
| Wellington Management Group Llp | 1,995,839 | 4.77% | $121.29M | +382,268 | 0.02% |
| ANTIPODES PARTNERS Ltd | 1,759,602 | 4.20% | $106.93M | −489,427 | 1.96% |
| Vanguard Capital Management LLC | 1,574,377 | 3.76% | $95.67M | −112,876 | 0.00% |
| State Street Corp | 1,554,683 | 3.71% | $94.48M | +123,532 | 0.00% |
| Cerity Partners LLC | 1,307,227 | 3.12% | $79.44M | −2,452 | 0.10% |
| Vanguard Portfolio Management LLC | 1,263,898 | 3.02% | $76.81M | +94,820 | 0.00% |
| Soros Fund Management LLC | 1,254,368 | 3.00% | $76.23M | +25,621 | 0.94% |
| Victory Capital Management Inc | 1,168,734 | 2.79% | $71.02M | +256,839 | 0.04% |
| Amundi | 1,105,367 | 2.64% | $67.16M | −51,585 | 0.02% |
| Geode Capital Management, LLC | 992,465 | 2.37% | $60.32M | +95,389 | 0.00% |
| Yaupon Capital Management LP | 851,846 | 2.04% | $51.77M | −43,589 | 1.02% |
| Two Sigma Investments, LP | 806,493 | 1.93% | $49.01M | +556,161 | 0.04% |
| Invesco Ltd. | 776,317 | 1.85% | $47.18M | +75,722 | 0.00% |
| Dimensional Fund Advisors LP | 714,601 | 1.71% | $43.43M | +9,256 | 0.01% |
| KBC Group NV | 610,164 | 1.46% | $37.08K | +17,003 | 0.08% |
| Morgan Stanley | 589,652 | 1.41% | $35.83M | −191,549 | 0.00% |
| Legal & General Group Plc | 571,546 | 1.37% | $34.79M | +28,064 | 0.01% |
| Resolution Capital Ltd | 515,795 | 1.23% | $31.34M | +33,335 | 0.58% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 314 | 44M | 100.0% | 46 / 128 | 92 / 39 | 5M | 5M |
| Q1 2026 | 313 | 45M | 100.0% | 71 / 141 | 62 / 31 | 21M | 3M |
| Q4 2025 | 279 | 30M | 72.0% | 44 / 110 | 92 / 40 | 5M | 3M |
| Q3 2025 | 281 | 29M | 69.6% | 47 / 113 | 91 / 24 | 3M | 2M |
| Q2 2025 | 263 | 28M | 66.8% | 43 / 113 | 82 / 32 | 3M | 2M |
| Q1 2025 | 253 | 27M | 65.1% | 48 / 100 | 67 / 31 | 3M | 2M |
| Q4 2024 | 240 | 26M | 62.8% | 36 / 88 | 85 / 45 | 2M | 2M |
| Q3 2024 | 252 | 26M | 61.4% | 43 / 84 | 87 / 18 | 8M | 1M |
| Q2 2024 | 229 | 25M | 59.7% | 33 / 90 | 77 / 29 | 2M | 3M |
| Q1 2024 | 228 | 26M | 62.0% | 27 / 88 | 86 / 26 | 2M | 1M |
| Q4 2023 | 229 | 25M | 59.9% | 27 / 82 | 87 / 20 | 2M | 1M |
| Q3 2023 | 224 | 25M | 58.6% | 26 / 101 | 64 / 22 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of HTO | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2,369,880 | 5.66% | $144.02M | 0.13% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,064,045 | 2.54% | $64.66M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 918,315 | 2.19% | $55.81M | 0.07% | Jun 30, 2026 |
| Victory Sycamore Small Company Opportunity Fund | 575,000 | 1.37% | $34.94M | 0.74% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 450,813 | 1.08% | $27.40M | 0.03% | Jun 30, 2026 |
| First Trust Water ETF | 446,884 | 1.07% | $27.16M | 1.46% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 387,225 | 0.93% | $23.75M | 0.07% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 361,698 | 0.86% | $21.98M | 0.13% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 338,610 | 0.81% | $20.58M | 0.26% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 333,900 | 0.80% | $20.29M | 0.14% | Jun 30, 2026 |
| Invesco S&P Global Water Index ETF | 278,387 | 0.67% | $17.07M | 1.63% | Jul 31, 2026 |
| Invesco Water Resources ETF | 275,182 | 0.66% | $16.88M | 0.84% | Jul 31, 2026 |
| Vanguard Utilities Index Fund | 255,884 | 0.61% | $14.80M | 0.14% | May 31, 2026 |
| Vanguard Dividend Appreciation Index Fund | 222,451 | 0.53% | $13.64M | 0.01% | Jul 31, 2026 |
| State Street(R) SPDR(R) S & P 600(TM) Small Cap Value ETF | 202,868 | 0.48% | $12.33M | 0.26% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Andrew F. Walters | Chief Executive Officer, Director | 26,561 | 0.06% | Jul 6, 2026 |
| Eric W. Thornburg | President & CEO, Director | 78,418 | 0.19% | Mar 4, 2025 |
| Megan Mattern | CAO, PAO and Controller | 13,631 | 0.03% | Aug 3, 2026 |
| Ann P. Kelly | CFO and Treasurer | 9,976 | 0.02% | Jul 6, 2026 |
| A. Kristen Johnson | Chief Administrative Officer | 14,565 | 0.03% | Jun 3, 2026 |
| Willie D. Brown Jr. | VP & Gen Counsel | 13,554 | 0.03% | Mar 3, 2026 |
| Bruce A. Hauk | President and COO | 15,491 | 0.04% | Mar 3, 2026 |
| Craig J. Patla | President of CTWS | 5,200 | 0.01% | Jun 4, 2025 |
| Tanya Moniz-Witten | President, San Jose Water Co. | 12,812 | 0.03% | May 1, 2025 |
| Douwe Busschops | Chief Information Officer | 1,768 | 0.00% | Jan 6, 2025 |
| Daniel B. More | Director | 17,085 | 0.04% | May 15, 2026 |
| Nick Orlando Rowe | Director | 2,452 | 0.01% | May 15, 2026 |
| Hunt Heather | Director | 11,238 | 0.03% | May 15, 2026 |
| Mary Ann Hanley | Director | 11,583 | 0.03% | May 15, 2026 |
| Carol P. Wallace | Director | 11,238 | 0.03% | May 15, 2026 |
| Denise L. Kruger | Director | 6,923 | 0.02% | May 15, 2026 |
| Carl Guardino | Director | 9,139 | 0.02% | May 15, 2026 |
| Rebecca A. Klein | Director | 9,208 | 0.02% | May 15, 2026 |
| Gregory P. Landis | Director | 12,803 | 0.03% | May 15, 2025 |
| ATLAS Holdings Ltd GIP | – | 4,615,265 | 11.03% | Aug 19, 2026 |
| Infrastructure Partners (UK) Ltd. ATLAS | – | 4,615,265 | 11.03% | Aug 19, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Megan Mattern CAO, PAO and Controller | Jul 30, 2026 | Tax withholding | −1,154 | $61.97 | $71.51K | 13,631 |
| ATLAS Holdings Ltd GIP 10% owner | Jul 7, 2026 | Buy | +2,784 | $62.03 | $172.69K | 4,615,265 |
| Infrastructure Partners (UK) Ltd. ATLAS 10% owner | Jul 7, 2026 | Buy | +2,784 | $62.03 | $172.69K | 4,615,265 |
| Ann P. Kelly CFO and Treasurer | Jul 1, 2026 | Tax withholding | −88 | $60.74 | $5.35K | 9,976 |
| Andrew F. Walters Chief Executive Officer, Director | Jul 1, 2026 | Returned to company | −374 | $60.74 | $22.72K | 26,461 |
| Infrastructure Partners (UK) Ltd. ATLAS 10% owner | Jul 1, 2026 | Buy | +2,132 | $60.76 | $129.54K | 4,612,481 |
| Infrastructure Partners (UK) Ltd. ATLAS 10% owner | Jul 1, 2026 | Sale | −1,686 | $60.74 | $102.41K | 4,610,349 |
| Andrew F. Walters Chief Executive Officer, Director | Jun 5, 2026 | Gift | −3,508 | – | – | 26,835 |
| Infrastructure Partners (UK) Ltd. ATLAS 10% owner | May 29, 2026 | Buy | +31,001 | $57.62 | $1.79M | 4,612,035 |
| Infrastructure Partners (UK) Ltd. ATLAS 10% owner | May 29, 2026 | Sale | −1,435 | $57.52 | $82.54K | 4,581,034 |
| Mary Ann Hanley Director | May 13, 2026 | Award | +1,947 | – | – | 11,583 |
| Hunt Heather Director | May 13, 2026 | Award | +1,947 | – | – | 11,238 |
| Nick Orlando Rowe Director | May 13, 2026 | Award | +1,947 | – | – | 2,452 |
| Denise L. Kruger Director | May 13, 2026 | Award | +1,947 | – | – | 6,923 |
| Rebecca A. Klein Director | May 13, 2026 | Award | +1,947 | – | – | 9,208 |
| Daniel B. More Director | May 13, 2026 | Award | +1,947 | – | – | 1,947 |
| Carl Guardino Director | May 13, 2026 | Award | +1,947 | – | – | 9,139 |
| Carol P. Wallace Director | May 13, 2026 | Award | +1,947 | – | – | 11,238 |
| ATLAS Holdings Ltd GIP 10% owner | Apr 10, 2026 | Buy | +50,385 | $59.06 | $2.98M | 4,582,469 |
| Infrastructure Partners (UK) Ltd. ATLAS 10% owner | Apr 10, 2026 | Buy | +50,385 | $59.06 | $2.98M | 4,582,469 |
| Nick Orlando Rowe Director | Mar 1, 2026 | Award | +505 | – | – | 505 |
| Megan Mattern CAO, PAO and Controller | Feb 27, 2026 | Award | +2,166 | – | – | 14,785 |
| Ann P. Kelly CFO and Treasurer | Feb 27, 2026 | Award | +1,707 | – | – | 10,064 |
| Bruce A. Hauk President and COO | Feb 27, 2026 | Award | +2,743 | – | – | 15,491 |
| Bruce A. Hauk President and COO | Feb 27, 2026 | Award | +1,503 | – | – | 16,994 |
| Bruce A. Hauk President and COO | Feb 27, 2026 | Tax withholding | −378 | $53.79 | $20.33K | 16,616 |
| A. Kristen Johnson Chief Administrative Officer | Feb 27, 2026 | Award | +1,263 | – | – | 15,035 |
| A. Kristen Johnson Chief Administrative Officer | Feb 27, 2026 | Tax withholding | −470 | $53.79 | $25.28K | 14,565 |
| A. Kristen Johnson Chief Administrative Officer | Feb 27, 2026 | Award | +1,312 | – | – | 13,772 |
| Willie D. Brown Jr. VP & Gen Counsel | Feb 27, 2026 | Tax withholding | −521 | $53.79 | $28.02K | 13,554 |
| Willie D. Brown Jr. VP & Gen Counsel | Feb 27, 2026 | Award | +1,384 | – | – | 12,812 |
| Willie D. Brown Jr. VP & Gen Counsel | Feb 27, 2026 | Award | +1,263 | – | – | 14,075 |
| Andrew F. Walters Chief Executive Officer, Director | Feb 27, 2026 | Award | +5,950 | – | – | 29,244 |
| Andrew F. Walters Chief Executive Officer, Director | Feb 27, 2026 | Tax withholding | −605 | $53.79 | $32.54K | 30,343 |
| Andrew F. Walters Chief Executive Officer, Director | Feb 27, 2026 | Award | +1,704 | – | – | 30,948 |
| Willie D. Brown Jr. VP & Gen Counsel | Jan 3, 2026 | Tax withholding | −178 | $49.86 | $8.88K | 11,428 |
| Bruce A. Hauk President and COO | Jan 3, 2026 | Tax withholding | −152 | $49.86 | $7.58K | 12,748 |
| Andrew F. Walters Chief Executive Officer, Director | Jan 3, 2026 | Tax withholding | −216 | $49.86 | $10.77K | 23,294 |
| A. Kristen Johnson Chief Administrative Officer | Jan 3, 2026 | Tax withholding | −160 | $49.86 | $7.98K | 12,460 |
| Willie D. Brown Jr. VP & Gen Counsel | Jan 2, 2026 | Tax withholding | −565 | $49.25 | $27.83K | 11,606 |
| Ann P. Kelly CFO and Treasurer | Jan 2, 2026 | Tax withholding | −200 | $49.25 | $9.85K | 8,357 |
| Bruce A. Hauk President and COO | Jan 2, 2026 | Tax withholding | −873 | $49.25 | $43.00K | 12,900 |
| Andrew F. Walters Chief Executive Officer, Director | Jan 2, 2026 | Tax withholding | −682 | $49.25 | $33.59K | 23,510 |
| A. Kristen Johnson Chief Administrative Officer | Jan 2, 2026 | Tax withholding | −514 | $49.25 | $25.31K | 12,620 |
| Ann P. Kelly CFO and Treasurer | Dec 1, 2025 | Tax withholding | −581 | $46.86 | $27.23K | 8,557 |
| Andrew F. Walters Chief Executive Officer, Director | Nov 13, 2025 | Sale | −2,100 | $47.22 | $99.16K | 24,192 |
| Bruce A. Hauk President and COO | Aug 22, 2025 | Tax withholding | −116 | $50.98 | $5.91K | 13,773 |
| Megan Mattern CAO, PAO and Controller | Jul 30, 2025 | Award | +2,356 | – | – | 2,356 |
| Megan Mattern CAO, PAO and Controller | Jul 30, 2025 | Award | +10,263 | – | – | 12,619 |
| Andrew F. Walters Chief Executive Officer, Director | Jul 1, 2025 | Award | +3,580 | – | – | 26,292 |
| A. Kristen Johnson Chief Administrative Officer | Jul 1, 2025 | Award | +2,037 | – | – | 13,134 |
| Ann P. Kelly CFO and Treasurer | Jul 1, 2025 | Award | +952 | – | – | 9,138 |
| Bruce A. Hauk President and COO | Jul 1, 2025 | Award | +2,076 | – | – | 13,889 |
| Rebecca A. Klein Director | May 14, 2025 | Award | +2,196 | – | – | 7,261 |
| Gregory P. Landis Director | May 14, 2025 | Award | +2,196 | – | – | 12,803 |
| Carl Guardino Director | May 14, 2025 | Award | +2,196 | – | – | 7,192 |
| Carol P. Wallace Director | May 14, 2025 | Award | +2,196 | – | – | 9,291 |
| Daniel B. More Director | May 14, 2025 | Award | +2,196 | – | – | 4,008 |
| Hunt Heather Director | May 14, 2025 | Award | +2,196 | – | – | 9,291 |
| Denise L. Kruger Director | May 14, 2025 | Award | +2,196 | – | – | 4,976 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| F. Walters Andrew CEO, Director | Nov 13, 2025 | 2,100 | $98.72K | Nov 13, 2025 | Compensation |
| Craig J. Patla Officer, President of CTWS | May 7, 2024 | 1,400 | $77.20K | May 7, 2024 | Restricted Stock Vesting |
| Thomas Guardino Carl Director | May 3, 2023 | 777 | $58.83K | May 3, 2023 | Restricted Stock Units |