Middlesex WaterMSEX
About: Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
Employees: 355
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
485% more call options, than puts
Call options by funds: $310K | Put options by funds: $53K
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
19% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 59
5% more funds holding
Funds holding: 196 [Q3] → 206 (+10) [Q4]
1.79% less ownership
Funds ownership: 76.2% [Q3] → 74.41% (-1.79%) [Q4]
21% less capital invested
Capital invested by funds: $886M [Q3] → $699M (-$187M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B of A Securities Ross Fowler 71% 1-year accuracy 17 / 24 met price target | 10%upside $56 | Underperform Initiated | 11 Dec 2024 |
Financial journalist opinion
Based on 3 articles about MSEX published over the past 30 days
