Essential UtilitiesWTRG
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. Its largest service territory is in Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 740,000 gas distribution customers in Pennsylvania and Kentucky. It completed the sale of its West Virginia gas utility and the bulk of its nonregulated assets in 2024.
Employees: 3,291
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
11% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 65
3.08% more ownership
Funds ownership: 75.94% [Q3] → 79.02% (+3.08%) [Q4]
1% less funds holding
Funds holding: 619 [Q3] → 613 (-6) [Q4]
1% less capital invested
Capital invested by funds: $7.96B [Q3] → $7.88B (-$80.1M) [Q4]
28% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 250
47% less call options, than puts
Call options by funds: $1.49M | Put options by funds: $2.8M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Evercore ISI Group Durgesh Chopra 59% 1-year accuracy 13 / 22 met price target | 12%upside $46 | Outperform Maintained | 5 Mar 2025 |
Wells Fargo Jonathan Reeder 73% 1-year accuracy 11 / 15 met price target | 0%downside $41 | Equal-Weight Maintained | 27 Feb 2025 |
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 93 / 170 met price target | 0%downside $41 | Buy Upgraded | 28 Jan 2025 |
Financial journalist opinion
Based on 8 articles about WTRG published over the past 30 days









