Aris Water Solutions, Inc. (NYSE:ARIS) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in shares of Aris Water Solutions, Inc. (NYSE:ARIS) by 32.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 563,976 shares of the company’s stock after acquiring an additional 139,259 shares during the period. Dimensional Fund Advisors LP owned about 0.97% of Aris Water Solutions worth $8,836,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clearbridge Investments LLC grew its holdings in Aris Water Solutions by 7.2% during the first quarter. Clearbridge Investments LLC now owns 582,127 shares of the company’s stock worth $8,237,000 after acquiring an additional 39,145 shares during the period. Wasatch Advisors LP grew its holdings in Aris Water Solutions by 14.4% during the fourth quarter. Wasatch Advisors LP now owns 686,694 shares of the company’s stock worth $5,761,000 after acquiring an additional 86,207 shares during the period. GSA Capital Partners LLP grew its holdings in Aris Water Solutions by 271.8% during the first quarter. GSA Capital Partners LLP now owns 87,979 shares of the company’s stock worth $1,245,000 after acquiring an additional 64,318 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in Aris Water Solutions during the second quarter worth about $554,000. Finally, American Century Companies Inc. grew its holdings in Aris Water Solutions by 140.3% during the second quarter. American Century Companies Inc. now owns 487,840 shares of the company’s stock worth $7,644,000 after acquiring an additional 284,788 shares during the period. 39.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, COO Brunt David Dylan Van sold 14,813 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $14.84, for a total value of $219,824.92. Following the transaction, the chief operating officer now owns 94,690 shares in the company, valued at $1,405,199.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 23.06% of the company’s stock.

Aris Water Solutions Stock Down 1.1 %

Aris Water Solutions stock opened at $17.23 on Tuesday. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 23.93 and a beta of 1.62. Aris Water Solutions, Inc. has a 52 week low of $7.22 and a 52 week high of $18.99. The business’s 50-day moving average price is $16.33 and its 200 day moving average price is $15.56. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.62.

Aris Water Solutions (NYSE:ARIS) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.18. The company had revenue of $101.12 million for the quarter, compared to the consensus estimate of $97.86 million. Aris Water Solutions had a return on equity of 3.51% and a net margin of 5.97%. As a group, sell-side analysts anticipate that Aris Water Solutions, Inc. will post 0.88 earnings per share for the current year.

Aris Water Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a $0.105 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.42 annualized dividend and a dividend yield of 2.44%. Aris Water Solutions’s dividend payout ratio (DPR) is presently 58.33%.

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.