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

Dimensional Fund Advisors LP boosted its position in shares of Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) by 32.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 563,976 shares of the company's stock after purchasing an additional 139,259 shares during the period. Dimensional Fund Advisors LP owned approximately 0.97% of Aris Water Solutions worth $8,836,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Wasatch Advisors LP grew its stake in Aris Water Solutions by 14.4% during the 4th quarter. Wasatch Advisors LP now owns 686,694 shares of the company's stock valued at $5,761,000 after purchasing an additional 86,207 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Aris Water Solutions by 2.2% in the 4th quarter. Wellington Management Group LLP now owns 1,290,231 shares of the company's stock valued at $10,825,000 after purchasing an additional 27,988 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of Aris Water Solutions by 121.5% during the 1st quarter. Los Angeles Capital Management LLC now owns 77,046 shares of the company's stock valued at $1,090,000 after buying an additional 42,256 shares during the last quarter. Inscription Capital LLC acquired a new stake in shares of Aris Water Solutions during the first quarter worth approximately $212,000. Finally, Bridge City Capital LLC increased its stake in shares of Aris Water Solutions by 3.4% in the first quarter. Bridge City Capital LLC now owns 171,730 shares of the company's stock worth $2,430,000 after buying an additional 5,708 shares during the last quarter. 39.71% of the stock is owned by institutional investors and hedge funds.

Aris Water Solutions Stock Down 1.3 %

ARIS traded down $0.22 during trading on Tuesday, hitting $17.00. The company had a trading volume of 138,618 shares, compared to its average volume of 341,714. The company has a market cap of $987.55 million, a PE ratio of 23.93 and a beta of 1.62. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.30 and a quick ratio of 1.30. Aris Water Solutions, Inc. has a 1-year low of $7.22 and a 1-year high of $18.99. The business has a 50-day moving average of $16.33 and a 200-day moving average of $15.56.

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

Aris Water Solutions Announces Dividend

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 of this dividend was Thursday, September 5th. This represents a $0.42 annualized dividend and a dividend yield of 2.47%. Aris Water Solutions's payout ratio is 58.33%.

Insider Activity

In related news, COO Brunt David Dylan Van sold 14,813 shares of the firm's stock in a transaction on Monday, August 12th. The stock was sold at an average price of $14.84, for a total transaction of $219,824.92. Following the transaction, the chief operating officer now directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 23.06% of the company's stock.

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.