NBW Capital LLC Has $6.31 Million Holdings in Aris Water Solutions, Inc. (NYSE:ARIS)

NBW Capital LLC raised its position in shares of Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) by 1,191.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 263,324 shares of the company's stock after buying an additional 242,939 shares during the period. NBW Capital LLC owned about 0.45% of Aris Water Solutions worth $6,307,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. SBI Securities Co. Ltd. purchased a new stake in shares of Aris Water Solutions during the fourth quarter valued at $33,000. Meeder Asset Management Inc. purchased a new position in shares of Aris Water Solutions during the 3rd quarter worth $39,000. New York State Teachers Retirement System increased 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 acquiring an additional 2,346 shares in the last quarter. Tidal Investments LLC purchased a new stake in shares of Aris Water Solutions during the third quarter worth about $252,000. Finally, SG Americas Securities LLC raised its position in shares of Aris Water Solutions by 48.1% during the fourth quarter. SG Americas Securities LLC now owns 10,941 shares of the company's stock valued at $262,000 after buying an additional 3,554 shares during the last quarter. 39.71% of the stock is currently owned by institutional investors.

Aris Water Solutions Price Performance

Aris Water Solutions stock traded up $0.20 during midday trading on Friday, reaching $26.76. The company's stock had a trading volume of 619,612 shares, compared to its average volume of 479,956. The stock's 50 day simple moving average is $27.12 and its 200 day simple moving average is $22.49. The firm has a market capitalization of $1.56 billion, a PE ratio of 33.44 and a beta of 1.88. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.72 and a current ratio of 1.72. Aris Water Solutions, Inc. has a fifty-two week low of $11.39 and a fifty-two week high of $32.56.

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Aris Water Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a dividend of $0.14 per share. This is an increase from Aris Water Solutions's previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.56 annualized dividend and a yield of 2.09%. Aris Water Solutions's payout ratio is 70.00%.

Insider Activity at Aris Water Solutions

In related news, major shareholder S Corp Gable sold 57,731 shares of Aris Water Solutions stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $25.55, for a total transaction of $1,475,027.05. Following the transaction, the insider now directly owns 3,165,939 shares of the company's stock, valued at $80,889,741.45. The trade was a 1.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Delaware Energy Llc sold 3,223,670 shares of the business's stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $25.81, for a total value of $83,202,922.70. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,159,678 shares of company stock valued at $106,807,774. Insiders own 23.06% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on ARIS shares. Wells Fargo & Company increased their price target on Aris Water Solutions from $26.00 to $29.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. The Goldman Sachs Group lifted their price target on shares of Aris Water Solutions from $21.00 to $30.00 and gave the company a "buy" rating in a research note on Thursday, December 19th. Stifel Nicolaus upped their price objective on shares of Aris Water Solutions from $26.00 to $28.00 and gave the stock a "buy" rating in a research note on Tuesday, December 17th. Evercore ISI lowered Aris Water Solutions from an "outperform" rating to an "in-line" rating and boosted their price target for the stock from $25.00 to $27.00 in a research report on Wednesday, January 15th. Finally, US Capital Advisors cut shares of Aris Water Solutions from a "strong-buy" rating to a "moderate buy" rating in a research report on Tuesday, November 26th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $27.00.

Aris Water Solutions 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.