Aris Water Solutions, Inc. (NYSE:ARIS – Free Report) – Investment analysts at US Capital Advisors raised their Q4 2024 EPS estimates for Aris Water Solutions in a report released on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now expects that the company will earn $0.42 per share for the quarter, up from their prior estimate of $0.36. US Capital Advisors currently has a “Moderate Buy” rating on the stock. The consensus estimate for Aris Water Solutions’ current full-year earnings is $0.89 per share. US Capital Advisors also issued estimates for Aris Water Solutions’ Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.50 EPS and Q4 2025 earnings at $0.49 EPS.
ARIS has been the topic of several other reports. JPMorgan Chase & Co. cut Aris Water Solutions from an “overweight” rating to a “neutral” rating and lifted their target price for the stock from $19.00 to $22.00 in a report on Wednesday, November 6th. The Goldman Sachs Group raised their price target on Aris Water Solutions from $18.50 to $21.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Stifel Nicolaus upped their price objective on Aris Water Solutions from $20.00 to $26.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Finally, Evercore ISI increased their target price on Aris Water Solutions from $20.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $20.50.
Aris Water Solutions Stock Down 1.4 %
Shares of ARIS stock opened at $26.86 on Thursday. The company’s fifty day simple moving average is $19.44 and its two-hundred day simple moving average is $17.02. Aris Water Solutions has a 52 week low of $7.22 and a 52 week high of $27.90. The stock has a market cap of $1.56 billion, a P/E ratio of 33.58 and a beta of 1.62. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.62.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of ARIS. Sequoia Financial Advisors LLC purchased a new stake in shares of Aris Water Solutions during the second quarter valued at $554,000. American Century Companies Inc. lifted its holdings in Aris Water Solutions by 140.3% during the 2nd quarter. American Century Companies Inc. now owns 487,840 shares of the company’s stock valued at $7,644,000 after buying an additional 284,788 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Aris Water Solutions in the 3rd quarter valued at about $2,080,000. Exchange Traded Concepts LLC grew its stake in Aris Water Solutions by 988.8% in the 3rd 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 in the last quarter. Finally, AQR Capital Management LLC purchased a new position in shares of Aris Water Solutions during the second quarter worth approximately $765,000. Hedge funds and other institutional investors own 39.71% of the company’s stock.
Insider Activity
In related news, Director Debra Coy sold 1,500 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $25.39, for a total transaction of $38,085.00. Following the transaction, the director now directly owns 42,082 shares in the company, valued at approximately $1,068,461.98. This represents a 3.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 23.06% of the company’s stock.
Aris Water Solutions Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Thursday, December 5th. Aris Water Solutions’s dividend payout ratio (DPR) is 52.50%.
Aris Water Solutions Company Profile
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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