Essential UtilitiesWTRG
WTRG
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
62% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 45
14% more repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 199
4% more funds holding
Funds holding: 594 [Q2] → 616 (+22) [Q3]
2% less capital invested
Capital invested by funds: $8.15B [Q2] → $8.01B (-$146M) [Q3]
6% less call options, than puts
Call options by funds: $3.39M | Put options by funds: $3.62M
3.48% less ownership
Funds ownership: 79.88% [Q2] → 76.41% (-3.48%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$39
11%
upside
Avg. target
$42
20%
upside
High target
$46
31%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
UBS Gregg Orrill 33% 1-year accuracy 2 / 6 met price target | 20%upside $42 | Buy Maintained | 14 Jan 2025 |
Wells Fargo Jonathan Reeder 38% 1-year accuracy 5 / 13 met price target | 11%upside $39 | Equal-Weight Downgraded | 7 Jan 2025 |
Jefferies Julien Dumoulin-Smith 54% 1-year accuracy 39 / 72 met price target | 17%upside $41 | Hold Downgraded | 7 Nov 2024 |
Baird Ben Kallo 44% 1-year accuracy 17 / 39 met price target | 31%upside $46 | Outperform Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 9 articles about WTRG published over the past 30 days
Positive
Seeking Alpha
2 days ago
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CPI metrics show, but also what threatens to disrupt the disinflationary trend. A discussion of three books dividend growth investors would benefit from reading. Only one is specifically about dividend growth investing.
Neutral
Business Wire
5 days ago
Essential Utilities Earns Newsweek's ‘America's Most Responsible Companies' Recognition for Fourth Consecutive Year
BRYN MAWR, Pa.--(BUSINESS WIRE)--For the fourth consecutive year, Essential Utilities, one of the largest water, wastewater and natural gas providers in the U.S., has earned a place among America's Most Responsible Companies, as recognized by Newsweek. This distinction underscores Essential's dedication to integrating meaningful environmental and social business practices. “At Essential Utilities, we are driven by a deep responsibility to our customers, communities, and the environment. Our com.
Positive
Seeking Alpha
1 week ago
A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
Interest rate peaks often cause short-term S&P 500 selloffs, especially for REITs. I retain hope that REITs may decouple from 10-year Treasury yields once rates stabilize. Baby Boomers' economic impact is profound, influencing inflation, wages, and consumption patterns, with Millennials having a smaller effect at later ages in life. Debating whether dividend growth investors should buy Magnificent 7 stocks, I find GOOGL compelling for its reasonable valuation and growth potential.
Positive
The Motley Fool
1 week ago
3 Dividend Stocks That Are Too Cheap to Ignore and Worth Buying in 2025
The S&P 500 is coming off of back-to-back years of 20%-plus annual gains for the first time in over 25 years. But corporate earnings haven't grown at the same rate, so many companies' valuations have become more expensive.
Neutral
Business Wire
1 week ago
Essential Utilities Nourishes Communities with Fourth Annual Fall for Food Banks Program
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced the successful conclusion of its fourth annual Fall for Food Banks initiative. This company-wide effort mobilized employees across its nine-state footprint to combat hunger and support local communities. Through a series of food drives, volunteer events and charitable donations, Essential, Aqua and Peoples employees contributed significantly to alleviating food insecurity. Key highlights include: Empowered 24.
Positive
Zacks Investment Research
1 week ago
Down -8.73% in 4 Weeks, Here's Why Essential Utilities (WTRG) Looks Ripe for a Turnaround
Essential Utilities (WTRG) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Positive
Seeking Alpha
1 week ago
MoneyShow's Best Investment Ideas For 2025: Part 1
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with turnaround potential, along with some speculative plays and ETFs. Part 1 of this series includes Domino's Pizza, Hercules Capital, Credo Technology, Clearway Energy, Verizon, Duke Energy and Essential Utilities, among others.
Positive
Seeking Alpha
2 weeks ago
My Top 10 Utilities For 2025
Long-term rates have risen, creating potential buying opportunities for utilities like AEP, AWK, AWR, BKH, ES, EVRG, SJW, WEC, WTRG, and XEL. These utilities have strong fundamentals, attractive valuations, and investment-grade balance sheets, offering potential total returns of 20% to 56% by 2025. Despite rate sensitivity, these utilities are well-positioned for long-term growth with secure dividends and robust balance sheets.
Positive
Seeking Alpha
3 weeks ago
Essential Utilities: A SWAN Utility That Screens Cheap
Essential Utilities is a Dividend Aristocrat with 33 years of consecutive dividend growth, offering a compelling investment opportunity at a 25% discount to fair value. The company's five-year capital spending plan and strong A- credit rating support its targeted annual EPS growth rate of 5%-7% through 2026. WTRG's third-quarter results show solid revenue growth, driven by its Regulated Water segment, despite a 16.7% decline in diluted EPS.
Neutral
Business Wire
1 month ago
Essential Utilities to Report Financial Results for Full Year 2024
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report financial results for the full year 2024 following market close on February 26, 2025. The company's conference call with financial analysts will take place on Thursday, February 27, 2025, 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 call wi.
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