Essential Utilities
WTRG
Market cap $11B

40.08 USD

-0.40

0.99%

At close Oct 17, 4:00 PM EDT

After hours

40.08

+0.00

0.00%

1 day

-0.99%

5 days

4.02%

1 month

2.09%

3 months

-3.00%

6 months

16.14%

Year to date

5.98%

1 year

18.23%

5 years

-25.40%

About: Essential Utilities is a Pennsylvania-based holding company for us water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 740,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses.

Employees: 3,258

Utilities Water Supply

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

19% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 53

2% more funds holding

Funds holding: 582 [Q1] → 592 (+10) [Q2]

1% more capital invested

Capital invested by funds: $7.94B [Q1] → $8.01B (+$70.3M) [Q2]

0.04% more ownership

Funds ownership: 78.42% [Q1] → 78.46% (+0.04%) [Q2]

1% less repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 213

33% less call options, than puts

Call options by funds: $2.41M | Put options by funds: $3.59M

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$44

10%

upside

Avg. target

$45

12%

upside

High target

$45

12%

upside

5 analyst ratings

5 positive

100%

0 neutral

0%

0 negative

0%

Jefferies Julien Dumoulin-Smith 69% 1-year accuracy 29 / 42 met price target	10%upside $44	Buy Initiated	7 Oct 2024
B of A Securities Ross Fowler 80% 1-year accuracy 12 / 15 met price target	12%upside $45	Buy Reinstated	20 Sept 2024
Evercore ISI Group Durgesh Chopra 89% 1-year accuracy 16 / 18 met price target	12%upside $45	Outperform Maintained	8 Aug 2024
Baird Ben Kallo 65% 1-year accuracy 17 / 26 met price target	12%upside $45	Outperform Maintained	7 Aug 2024
Wells Fargo Jonathan Reeder 60% 1-year accuracy 3 / 5 met price target	12%upside $45	Overweight Maintained	31 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about WTRG published over the past 30 days

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A Hiker's Guide To Investing In Today's Market

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A Hiker's Guide To Investing In Today's Market

Essential Utilities: Buy This Dividend Compounder On Sale Now

In the world of dividend growth stocks, water utilities often stand out as shining stars. Essential Utilities' path to 5% to 7% long-term annual adjusted diluted EPS growth remains intact. The water utility targets a conservative debt-to-capital ratio and enjoys a high interest coverage ratio.

Essential Utilities: Buy This Dividend Compounder On Sale Now

Essential Utilities to Report Earnings for Q3 2024

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ending September 30, 2024, following market close on November 4, 2024. The company's conference call with financial analysts will take place on Tuesday, November 5, 2024, at 11 a.m. Eastern Standard Time. The call and presentation will be webcast live so interested parties may listen over the internet by logging on to Essential.co and following the link for Investors. The conference.

Essential Utilities to Report Earnings for Q3 2024

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My Top 10 High-Yield Dividend Stocks For September 2024

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My Top Investment In September As Rate Cuts And The Election Come Into Focus

Essential Utilities Announces Appointment of Two Finance Leaders

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announces the appointment of two seasoned professionals to the company's finance team: Angela Jiang joins the company as vice president, tax, and Hayley Diminick will assume the role of director of investor relations. “We are excited to welcome Angela and Hayley to the Essential team,” said Essential Chairman and CEO Christopher H. Franklin. "Their proven track records in tax and investor relations, respectively, will be ins.

Essential Utilities Announces Appointment of Two Finance Leaders

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