Aris Water Solutions, Inc. (NYSE:ARIS – Free Report) – Analysts at Seaport Res Ptn upped their FY2025 EPS estimates for Aris Water Solutions in a research report issued to clients and investors on Wednesday, November 6th. Seaport Res Ptn analyst J. Campbell now anticipates that the company will post earnings per share of $1.02 for the year, up from their prior forecast of $1.00. The consensus estimate for Aris Water Solutions’ current full-year earnings is $0.88 per share.
ARIS has been the subject of several other reports. JPMorgan Chase & Co. downgraded shares of Aris Water Solutions from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $19.00 to $22.00 in a research note on Wednesday, November 6th. US Capital Advisors raised shares of Aris Water Solutions from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, October 28th. Stifel Nicolaus raised their price objective on shares of Aris Water Solutions from $20.00 to $26.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Evercore ISI upped their target price on Aris Water Solutions from $20.00 to $25.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. Finally, The Goldman Sachs Group raised their target price on shares of Aris Water Solutions from $18.50 to $21.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Aris Water Solutions currently has an average rating of “Moderate Buy” and an average target price of $18.50.
Aris Water Solutions Price Performance
Shares of Aris Water Solutions stock opened at $23.65 on Monday. The stock has a market capitalization of $1.37 billion, a P/E ratio of 29.56 and a beta of 1.62. Aris Water Solutions has a one year low of $7.22 and a one year high of $23.71. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.72 and a quick ratio of 1.30. The business’s 50 day simple moving average is $16.91 and its two-hundred day simple moving average is $16.07.
Aris Water Solutions Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be issued a dividend of $0.105 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.42 dividend on an annualized basis and a yield of 1.78%. Aris Water Solutions’s dividend payout ratio is currently 52.50%.
Institutional Investors Weigh In On Aris Water Solutions
A number of hedge funds have recently modified their holdings of the business. American Century Companies Inc. raised its stake in shares of Aris Water Solutions by 140.3% in the second quarter. American Century Companies Inc. now owns 487,840 shares of the company’s stock worth $7,644,000 after buying an additional 284,788 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Aris Water Solutions by 32.8% in the second quarter. Dimensional Fund Advisors LP now owns 563,976 shares of the company’s stock worth $8,836,000 after buying an additional 139,259 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Aris Water Solutions by 988.8% during the third quarter. Exchange Traded Concepts LLC now owns 137,951 shares of the company’s stock worth $2,327,000 after acquiring an additional 125,281 shares during the last quarter. Nicholas Investment Partners LP purchased a new position in Aris Water Solutions during the second quarter valued at $1,703,000. Finally, Renaissance Technologies LLC increased its holdings in Aris Water Solutions by 93.5% in the 2nd quarter. Renaissance Technologies LLC now owns 198,000 shares of the company’s stock valued at $3,103,000 after acquiring an additional 95,700 shares during the last quarter. Institutional investors own 39.71% of the company’s stock.
About Aris Water Solutions
Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.
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