Welcome to our dedicated page for H2O America news (Ticker: HTO), a resource for investors and traders seeking the latest updates and insights on H2O America stock.
H2O America reports developments as a NASDAQ-listed, investor-owned network of local water and wastewater utilities. The company operates through regional utilities including Connecticut Water, Maine Water, San Jose Water, and Texas Water, with a single reportable segment providing water utility and utility-related services.
Recurring HTO news includes quarterly and annual financial results, capital-plan updates, infrastructure investment for water supply systems, dividend declarations, common stock offerings with forward-sale components, and board governance changes. Company updates also describe service-connection growth and the operating role of its local utility subsidiaries.
H2O America (NASDAQ: HTO) announced that its regulated Texas utility, The Texas Water Company (TWC), and affiliate Texas Water Operation Services (TWOS), together with Quadvest, have received required state and federal regulatory approvals for transactions under which TWC and TWOS will acquire all Quadvest assets. The transactions are expected to close on October 1, 2026.
According to H2O America, the combination will expand its presence in Texas, including the high‑growth Houston area, and increase the scale of its regulated water and wastewater operations. The company highlights opportunities to support infrastructure investment, operational performance and customer service through the integration of Quadvest’s operations with TWC’s existing Texas footprint.
H2O America (NASDAQ: HTO) reported second quarter 2026 GAAP diluted EPS of $0.62 and adjusted diluted EPS of $0.72, versus $0.71 and $0.75 a year earlier, with higher share count offsetting net income growth. GAAP net income rose 8% to $26.6 million, adjusted net income grew 17% to $30.7 million, and operating revenue increased 6% to $210.5 million.
Year-to-date 2026 GAAP net income increased 11% to $45.6 million, adjusted net income rose 17% to $50.1 million, while GAAP and adjusted EPS declined to $1.12 and $1.23. The company invested $206.9 million in infrastructure in the first half and plans $483 million in 2026 and $2.7 billion through 2030.
H2O America reaffirmed 2026 standalone adjusted EPS guidance of $3.08–$3.18 and a long-term adjusted EPS CAGR target of 6–8%. The company advanced its pending $540 million Quadvest acquisition, with regulatory staff recommending approval without a hearing and expected closing by early fourth quarter 2026. Quadvest active connections grew 10% to 59,800, and connections under contract and pending development neared 99,000.
Regulatory activity included new rate mechanisms and infrastructure recovery actions in California, Connecticut, Maine, and Texas. The board declared a quarterly dividend of $0.44 per share, payable September 1, 2026, implying a 2026 annualized dividend of $1.76 versus $1.68 in 2025.
H2O America (NASDAQ: HTO) will report its second quarter 2026 financial results after market close on Monday, July 27, 2026. Company leaders will host a conference call and live webcast at 8 a.m. Pacific / 11 a.m. Eastern on Tuesday, July 28 to discuss results and recent developments, with registration, slides, and a webcast archive available on its website until October 27, 2026.
H2O America (NASDAQ: HTO) appointed Michael Ambrozewicz as vice president of communications, effective May 18, 2026. He will oversee corporate reputation, stakeholder engagement, brand management, storytelling, and change communications in support of H2O America’s mission to protect what’s precious.
Ambrozewicz brings 20+ years of award-winning communications leadership at Albertsons, AT&T, DIRECTV and major non-profit boards.
H2O America (NASDAQ: HTO) reported Q1 2026 GAAP diluted EPS $0.49 and adjusted diluted EPS $0.50, each unchanged year-over-year, with GAAP net income of $19.0M (+15% vs. prior year). The company reaffirmed standalone 2026 adjusted diluted EPS guidance of $3.08–3.18, a $483M 2026 capex plan, and declared a $0.44 quarterly dividend payable June 1, 2026. Quadvest acquisition process is underway with expected close in H2 2026; Quadvest active connections rose 5% to 57,200 and backlog to 92,000. The company completed a $700M equity raise in March.
H2O America (NASDAQ: HTO) will report first quarter 2026 financial results after market close on April 28, 2026. Company executives will host a conference call at 7:00 a.m. PT (10:00 a.m. ET) on April 29 to discuss results and recent developments. A webcast, slide presentation, and archived replay available on the company website; archive accessible until July 29, 2026.
H2O America (NASDAQ: HTO) priced an underwritten offering of 11,484,824 shares at $53.00 per share, increasing size by ~$58.7 million from March 2, 2026. Estimated net proceeds are $588.9 million (or $677.2 million if option exercised).
The company entered forward sale agreements for 7,547,170 shares with JPMorgan and Wells Fargo, with physical settlement possible on or before March 2, 2028. Proceeds are intended to finance the Quadvest acquisition, related fees, and general corporate purposes.
H2O America (NASDAQ: HTO) commenced an underwritten public offering of $550 million of common stock, including approximately $150 million sold directly and an aggregate $400 million via forward sale agreements.
The company granted a 30-day option for an additional $82.5 million and may settle forwards in cash or shares through March 2, 2028. Proceeds are intended to help finance the Quadvest acquisition, related fees, and general corporate purposes.
H2O America (NASDAQ: HTO) appointed Nick O. Rowe to its board of directors effective Mar. 1, 2026. Rowe brings 39 years of drinking-water industry leadership, including senior roles at American Water and local governance experience across utilities, banking, and higher-education boards.
Rowe is principal at NOR Solutions, holds a B.S. in civil engineering and an MBA, and completed executive leadership programs at Thames Water Oxford and RWE International.
H2O America (NASDAQ: HTO) reported 2025 GAAP diluted EPS of $2.92 and adjusted diluted EPS of $2.99. The company raised its 2026–30 capex plan to $2.7B (≈31% increase) and set 2026 standalone adjusted EPS guidance of $3.08–3.18. Quadvest and Cibolo Valley acquisitions remain pending with an expected mid-2026 Quadvest close; Quadvest active connections grew 16% in 2025.
Board declared a quarterly cash dividend of $0.44 payable March 2, 2026. Management reaffirmed a long-term adjusted EPS CAGR target of 6–8%.