H2O America (HTO) Stock News, Oct 2025-Feb 2026

H2O America (NASDAQ: HTO) declared a quarterly cash dividend of $0.44 per share payable March 2, 2026 to shareholders of record at the close of business on Feb. 9, 2026. This payment is a 4.8% increase versus the December 2025 dividend and implies a 2026 annualized dividend of $1.76 compared with $1.68 in 2025. The board cited continued confidence in the company’s long-term growth strategy, and Andrew F. Walters will become chair of the board effective Feb. 1, 2026.

H2O America and predecessors have paid dividends for more than 80 consecutive years, with annual increases for 58 consecutive years, placing the company in a select group of long-standing dividend payers.

H2O America (NASDAQ: HTO) announced that The Texas Water Company received appraised fair market values from three PUCT-appointed appraisers for Quadvest LP assets.

The purchase price of $483.6 million will serve as the ratemaking rate base under Texas statute. TWC plans to file the Sale-Transfer-Merger application with the PUCT by mid-January 2026 to request approval and certification of the rate base value, and H2O America continues to anticipate closing the Quadvest acquisition by mid-2026.

H2O America (NASDAQ: HTO) announced the appointment of Nicholas Whitley as vice president of business development, effective December 22, 2025.

Whitley will lead identification, evaluation and execution of strategic growth opportunities to expand H2O America’s water and wastewater footprint. He brings more than 20 years of corporate development, M&A and infrastructure investing experience, most recently as managing director of business development at NW Natural Holdings, where he led over 30 acquisitions. His background includes senior roles at GE Oil & Gas and investment banking at Nomura International and Houlihan Lokey. Whitley holds a BS in Economics from Wharton and completed executive education at Harvard Business School.

H2O America (HTO) announced a board leadership transition: Eric W. Thornburg will retire as non-executive chair effective Jan. 31, 2026. Thornburg previously served as chair, president, and CEO and earlier this year retired from the CEO and president roles after eight years as CEO and over 40 years in the drinking water profession. The board thanked him for his service.

Effective Feb. 1, 2026, current CEO Andrew F. Walters was appointed chair of the board; the board said it is confident Walters will provide stability, transparency, and long-term focus on serving customers and communities.

H2O America (Nasdaq: HTO) was named to Newsweek’s America’s Most Responsible Companies 2026 list for the second consecutive year, recognizing ESG performance across environment, social, and governance categories.

Key disclosed achievements: 43% reduction in Scope 1 and 2 GHG emissions vs 2019 toward a 50% 2030 goal, 73% increase in solar generation from eight new projects, $353 million in system upgrades, replacement of 46 miles of pipeline, installation of 20,000+ smart meters, service to 1.6 million people, $400,000 in charitable contributions, and an 85.2% customer satisfaction rating.

H2O America (NASDAQ: HTO) said San Jose Water Company and three other California water utilities received CPUC approval to defer their scheduled 2026 Cost of Capital filing to May 1, 2027, with the deferral effective Jan. 1, 2028. The company will retain a 9.81% allowed ROE through 2027 unless the Water Cost of Capital Mechanism (WCCM) adjusts it in line with the Moody’s Aa Utility Bond Index. The 9.81% ROE reflects a prior CPUC-approved 10.01% base ROE less a 20-basis-point reduction tied to the Water Conservation Memorandum Account (WCMA). The WCCM remains in place until Jan. 1, 2028, and the deferral is intended to reduce administrative processing costs for the Joint Parties and CPUC staff.

H2O America (NASDAQ: HTO) reported third-quarter 2025 results with GAAP diluted EPS $1.27 and adjusted diluted EPS $1.27, an 8% increase vs. prior-year adjusted EPS. Q3 operating revenue was $240.6M (+7% year-over-year); YTD operating revenue was $606.4M (+10%). GAAP net income for Q3 was $45.1M (+17% YoY) and YTD GAAP net income was $86.4M (+22% YoY).

Company narrowed 2025 adjusted diluted EPS guidance to $2.95–$3.00, reaffirmed long-term diluted EPS growth of 5%–7% through 2029, declared a quarterly cash dividend of $0.42 per share (payable Dec 1, 2025), and invested $357.8M in infrastructure (≈74% of 2025 forecast). Quadvest acquisition process is underway; active connections up 11.5% (5,400) YTD.

H2O America (Nasdaq: HTO) was named one of America’s Greenest Companies 2026 by Newsweek and Plant-A Insights Group on Oct 27, 2025. The recognition covers sustainability performance across H2O America’s national footprint, including operations in California, Texas, Connecticut and Maine, and is one of 450 companies selected under stringent EU-aligned criteria.

Key disclosed metrics: Scope 1 & 2 GHG emissions -43% vs 2019 baseline (on a path to a 50% by 2030 target); solar generation +73% with eight new projects; $353 million invested in infrastructure, 46 miles of pipeline replaced, and >20,000 smart meters installed; >73,000 water samples with full compliance to drinking water standards.

H2O America (NASDAQ: HTO) expects to report third-quarter 2025 financial results after market close on Oct. 27, 2025. Company executives will discuss results on a conference call at 11:00 AM Pacific / 2:00 PM Eastern on Oct. 28, 2025.

Speakers: Andrew F. Walters, chief executive officer; Ann P. Kelly, chief financial officer and treasurer; Bruce A. Hauk, president and chief operating officer. A live webcast and an accompanying slide presentation will be available via the company website H2O-America.com. The webcast archive will remain available until Jan. 19, 2026.