Aris Water Solutions, Inc. (NYSE:ARIS – Free Report) – Equities research analysts at US Capital Advisors upped their Q4 2024 earnings estimates for shares of Aris Water Solutions in a research report issued to clients and investors on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.42 per share for the quarter, up from their prior forecast of $0.36. US Capital Advisors 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.
Several other research firms have also recently commented on ARIS. The Goldman Sachs Group increased their price objective on Aris Water Solutions from $18.50 to $21.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. JPMorgan Chase & Co. cut shares of Aris Water Solutions from an “overweight” rating to a “neutral” rating and upped their target price for the company from $19.00 to $22.00 in a research note on Wednesday, November 6th. Evercore ISI lifted their price target on shares of Aris Water Solutions from $20.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Finally, Stifel Nicolaus increased their price objective on shares of Aris Water Solutions from $20.00 to $26.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $20.50.
Aris Water Solutions Stock Down 1.4 %
Aris Water Solutions stock opened at $26.86 on Thursday. Aris Water Solutions has a 12 month low of $7.22 and a 12 month high of $27.90. The stock has a fifty day simple moving average of $19.44 and a two-hundred day simple moving average of $17.02. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.62. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 33.58 and a beta of 1.62.
Aris Water Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Thursday, December 5th. Aris Water Solutions’s dividend payout ratio (DPR) is presently 52.50%.
Insider Buying and Selling
In other news, Director Debra Coy sold 1,500 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $25.39, for a total value of $38,085.00. Following the completion of the sale, the director now directly owns 42,082 shares in the company, valued at $1,068,461.98. This represents a 3.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 23.06% of the stock is currently owned by insiders.
Institutional Trading of Aris Water Solutions
Several hedge funds have recently bought and sold shares of ARIS. Point72 Asia Singapore Pte. Ltd. purchased a new position in Aris Water Solutions during the second quarter valued at approximately $27,000. Meeder Asset Management Inc. purchased a new position in shares of Aris Water Solutions during the 3rd quarter valued at $39,000. New York State Teachers Retirement System boosted its holdings in Aris Water Solutions by 2,346.0% in the 3rd quarter. New York State Teachers Retirement System now owns 2,446 shares of the company’s stock worth $41,000 after buying an additional 2,346 shares during the period. 1620 Investment Advisors Inc. bought a new position in Aris Water Solutions in the 2nd quarter worth $46,000. Finally, Point72 Asset Management L.P. purchased a new stake in Aris Water Solutions in the 2nd quarter worth $82,000. Institutional investors own 39.71% of the company’s stock.
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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