Energy Recovery (NASDAQ:ERII) Releases FY 2026 Earnings Guidance

Energy Recovery (NASDAQ:ERII) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.500-0.700 for the period, compared to the consensus earnings per share estimate of 0.750. The company issued revenue guidance of $115.0 million-$140.0 million, compared to the consensus revenue estimate of $159.1 million.

Analyst Ratings Changes

Several equities research analysts have weighed in on ERII shares. B. Riley Financial restated a “neutral” rating on shares of Energy Recovery in a research report on Thursday, November 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of Energy Recovery in a report on Monday, December 29th. Finally, Loop Capital set a $18.20 price objective on shares of Energy Recovery in a report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Energy Recovery currently has a consensus rating of “Moderate Buy” and an average price target of $17.07.

Energy Recovery Stock Up 0.9%

Shares of NASDAQ ERII traded up $0.10 during mid-day trading on Friday, reaching $10.53. 623,044 shares of the company were exchanged, compared to its average volume of 423,698. The company’s 50-day simple moving average is $14.60 and its 200-day simple moving average is $14.89. The stock has a market capitalization of $557.53 million, a P/E ratio of 24.51 and a beta of 1.09. Energy Recovery has a twelve month low of $10.03 and a twelve month high of $18.32.

Energy Recovery (NASDAQ:ERII) last issued its quarterly earnings results on Wednesday, February 25th. The industrial products company reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.14). Energy Recovery had a return on equity of 12.21% and a net margin of 17.01%.The company had revenue of $66.59 million during the quarter, compared to the consensus estimate of $82.59 million. Energy Recovery has set its FY 2026 guidance at 0.500-0.700 EPS. As a group, equities research analysts expect that Energy Recovery will post 0.36 EPS for the current year.

Insider Buying and Selling

In related news, insider William Yeung sold 7,271 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $14.55, for a total transaction of $105,793.05. Following the transaction, the insider owned 90,098 shares in the company, valued at $1,310,925.90. The trade was a 7.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Arve Hanstveit sold 15,000 shares of Energy Recovery stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $14.97, for a total transaction of $224,550.00. Following the completion of the sale, the director directly owned 640,220 shares of the company’s stock, valued at approximately $9,584,093.40. This trade represents a 2.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 25,260 shares of company stock worth $374,213. 3.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ERII. Ameriprise Financial Inc. increased its holdings in shares of Energy Recovery by 5.1% in the second quarter. Ameriprise Financial Inc. now owns 5,401,044 shares of the industrial products company’s stock worth $69,025,000 after purchasing an additional 262,151 shares during the period. Vanguard Group Inc. boosted its stake in shares of Energy Recovery by 3.8% in the 3rd quarter. Vanguard Group Inc. now owns 3,762,742 shares of the industrial products company’s stock valued at $58,021,000 after purchasing an additional 137,338 shares in the last quarter. Amundi grew its holdings in shares of Energy Recovery by 323.6% during the 4th quarter. Amundi now owns 2,851,691 shares of the industrial products company’s stock valued at $38,457,000 after purchasing an additional 2,178,560 shares during the last quarter. State Street Corp raised its position in Energy Recovery by 22.6% in the 4th quarter. State Street Corp now owns 1,764,522 shares of the industrial products company’s stock worth $23,803,000 after purchasing an additional 325,280 shares during the period. Finally, Legal & General Group Plc raised its position in Energy Recovery by 32.2% in the 3rd quarter. Legal & General Group Plc now owns 1,307,738 shares of the industrial products company’s stock worth $20,165,000 after purchasing an additional 318,584 shares during the period. Institutional investors own 83.58% of the company’s stock.

Energy Recovery Company Profile

Energy Recovery, Inc (NASDAQ: ERII) is an energy technology company specializing in the design and manufacture of high-efficiency devices that capture and repurpose energy in fluid-handling applications. The company’s core offering, the Pressure Exchanger® (PX®) device, enables seawater reverse osmosis (SWRO) desalination plants to recover and reuse hydraulic energy that would otherwise be lost during brine discharge. By integrating PX technology into desalination processes, Energy Recovery helps operators significantly reduce the energy consumption and operating costs of producing fresh water from seawater or brackish sources.

In addition to desalination solutions, Energy Recovery has expanded its portfolio to serve the oil and gas sector through turbocharger systems that improve the energy efficiency of hydraulic fracturing operations.