York Water (NASDAQ:YORW) Stock Picked Up by Analysts at Zacks Research

Analysts at Zacks Research initiated coverage on shares of York Water (NASDAQ:YORW) in a report issued on Tuesday, Zacks reports. The brokerage set a “hold” rating on the utilities provider’s stock.

YORW has been the topic of several other research reports. Huntington began coverage on shares of York Water in a research report on Monday. They issued a “strong-buy” rating on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of York Water in a report on Friday, October 30th. Cantor Fitzgerald set a $31.00 price objective on York Water in a research report on Monday, August 10th. Finally, Freedom Broker increased their price objective on York Water from $31.00 to $33.40 and gave the company a “hold” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, York Water presently has a consensus rating of “Moderate Buy” and an average price target of $32.20.

York Water Price Performance

NASDAQ YORW opened at $31.71 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.09 and a quick ratio of 0.88. The company’s 50 day simple moving average is $31.80 and its 200 day simple moving average is $31.39. York Water has a 12 month low of $28.26 and a 12 month high of $34.81. The company has a market capitalization of $515.00 million, a P/E ratio of 19.10 and a beta of 0.52.

York Water (NASDAQ:YORW) last released its earnings results on Friday, November 6th. The utilities provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. York Water had a net margin of 29.07% and a return on equity of 9.45%. The business had revenue of $24.33 million during the quarter, compared to analyst estimates of $22.60 million. Equities research analysts expect that York Water will post 1.62 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other York Water news, Director David M. Velazquez acquired 1,288 shares of York Water stock in a transaction that occurred on Tuesday, October 20th. The stock was purchased at an average cost of $31.07 per share, with a total value of $40,018.16. Following the purchase, the director owned 1,288 shares in the company, valued at approximately $40,018.16. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Joseph Hand sold 8,000 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $33.28, for a total transaction of $266,240.00. Following the completion of the sale, the chief executive officer directly owned 35,308 shares of the company’s stock, valued at $1,175,050.24. This trade represents a 18.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders bought 1,410 shares of company stock valued at $44,024 in the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in York Water in the 2nd quarter worth about $39,283,000. Legal & General Group Plc acquired a new stake in shares of York Water during the 2nd quarter valued at about $9,859,000. Bank of New York Mellon Corp acquired a new stake in shares of York Water during the 2nd quarter valued at about $4,714,000. Renaissance Technologies LLC grew its stake in shares of York Water by 80.8% in the 1st quarter. Renaissance Technologies LLC now owns 204,036 shares of the utilities provider’s stock valued at $6,213,000 after buying an additional 91,200 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of York Water by 36.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 326,730 shares of the utilities provider’s stock valued at $9,949,000 after buying an additional 86,917 shares in the last quarter. Hedge funds and other institutional investors own 49.86% of the company’s stock.

More York Water News

Here’s some of the latest news about YORW:

• Positive Sentiment: Freedom Broker raised its price target to $33.40 from $31.00, implying about 5.3% potential upside from the cited share price. Its rating remains Hold, tempering the optimism. Freedom Broker recommendations
• Positive Sentiment: Huntington initiated coverage with a Strong Buy rating and forecasts EPS of $1.62 for 2026, $1.65 for 2027, and $1.76 for 2028. The projected earnings growth supports a positive longer-term view, although these are analyst estimates rather than company guidance. Huntington recommendations
• Neutral Sentiment: A short-interest update described a significant increase but reported short interest of zero shares and a 0.0-day short-interest ratio. Those figures are inconsistent, so the update provides no clear signal about bearish positioning.

York Water Company Profile

The York Water Company is an investor-owned utility that provides water and wastewater services in south-central Pennsylvania. Its water operations include collecting, treating and distributing water to residential, commercial and industrial customers. The company also provides wastewater collection and treatment services. Its service area is centered in York County and extends into parts of neighboring counties. Founded in 1816, York Water is widely recognized as one of the oldest investor-owned water utilities in the United States.