Aris Water Solutions (NYSE:ARIS) Cut to Moderate Buy at US Capital Advisors

US Capital Advisors cut shares of Aris Water Solutions (NYSE:ARISFree Report) from a strong-buy rating to a moderate buy rating in a report published on Tuesday,Zacks.com reports. US Capital Advisors also issued estimates for Aris Water Solutions’ Q4 2024 earnings at $0.42 EPS, 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.

A number of other equities research analysts also recently issued reports on the stock. The Goldman Sachs Group increased their price objective on shares of Aris Water Solutions from $18.50 to $21.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Evercore ISI increased 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 report on Wednesday, November 6th. JPMorgan Chase & Co. downgraded shares of Aris Water Solutions from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $19.00 to $22.00 in a research report on Wednesday, November 6th. Finally, Stifel Nicolaus raised their target price on Aris Water Solutions from $20.00 to $26.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $20.50.

Check Out Our Latest Stock Report on Aris Water Solutions

Aris Water Solutions Stock Performance

NYSE:ARIS opened at $26.86 on Tuesday. The company 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 has a fifty-two week low of $7.22 and a fifty-two week high of $27.90. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a fifty day moving average price of $19.44 and a 200-day moving average price of $17.02.

Aris Water Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a $0.105 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.42 dividend on an annualized basis and a yield of 1.56%. Aris Water Solutions’s dividend payout ratio is currently 52.50%.

Insiders Place Their Bets

In other Aris Water Solutions news, Director Debra Coy sold 1,500 shares of the stock in a transaction dated 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 transaction, the director now directly owns 42,082 shares in the company, valued at approximately $1,068,461.98. This trade represents a 3.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 23.06% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ARIS. State Street Corp boosted its position in Aris Water Solutions by 13.8% during the 3rd quarter. State Street Corp now owns 662,324 shares of the company’s stock worth $11,173,000 after buying an additional 80,490 shares during the period. Eagle Asset Management Inc. bought a new position in shares of Aris Water Solutions during the third quarter valued at $10,828,000. Geode Capital Management LLC lifted its holdings in shares of Aris Water Solutions by 3.0% during the third quarter. Geode Capital Management LLC now owns 619,349 shares of the company’s stock worth $10,450,000 after purchasing an additional 18,304 shares during the period. Dimensional Fund Advisors LP grew its stake 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 purchasing an additional 139,259 shares during the last quarter. Finally, Wasatch Advisors LP increased its holdings in Aris Water Solutions by 4.7% in the third quarter. Wasatch Advisors LP now owns 523,533 shares of the company’s stock valued at $8,832,000 after purchasing an additional 23,594 shares during the period. Institutional investors and hedge funds own 39.71% of the company’s stock.

Aris Water Solutions Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Aris Water Solutions (NYSE:ARIS)

Receive News & Ratings for Aris Water Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aris Water Solutions and related companies with MarketBeat.com's FREE daily email newsletter.