Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) - US Capital Advisors boosted their Q4 2024 earnings per share estimates for Aris Water Solutions in a report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now expects that the company will post earnings of $0.45 per share for the quarter, up from their prior forecast of $0.42. US Capital Advisors currently has a "Moderate Buy" rating on the stock. The consensus estimate for Aris Water Solutions' current full-year earnings is $0.91 per share. US Capital Advisors also issued estimates for Aris Water Solutions' Q1 2025 earnings at $0.40 EPS, Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.51 EPS, Q4 2025 earnings at $0.50 EPS and FY2025 earnings at $1.85 EPS.
A number of other equities analysts also recently weighed in on ARIS. Evercore ISI downgraded shares of Aris Water Solutions from an "outperform" rating to an "in-line" rating and boosted their target price for the stock from $25.00 to $27.00 in a report on Wednesday, January 15th. Stifel Nicolaus lifted their price objective on shares of Aris Water Solutions from $26.00 to $28.00 and gave the company a "buy" rating in a research report on Tuesday, December 17th. Wells Fargo & Company upped their target price on shares of Aris Water Solutions from $21.00 to $26.00 and gave the company an "equal weight" rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. cut Aris Water Solutions from an "overweight" rating to a "neutral" rating and lifted their price target for the stock from $19.00 to $22.00 in a report on Wednesday, November 6th. Finally, The Goldman Sachs Group upped their price objective on Aris Water Solutions from $21.00 to $30.00 and gave the company a "buy" rating in a research note on Thursday, December 19th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $26.50.
Read Our Latest Research Report on Aris Water Solutions
Aris Water Solutions Stock Down 3.2 %
Shares of NYSE:ARIS traded down $0.89 during trading on Wednesday, hitting $27.00. 695,397 shares of the company were exchanged, compared to its average volume of 990,402. Aris Water Solutions has a fifty-two week low of $8.46 and a fifty-two week high of $30.40. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 33.75 and a beta of 1.94. 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 fifty day moving average price of $26.08 and a two-hundred day moving average price of $20.87.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Larson Financial Group LLC bought a new stake in Aris Water Solutions during the 4th quarter worth approximately $28,000. SBI Securities Co. Ltd. bought a new stake in shares of Aris Water Solutions in the fourth quarter worth $33,000. Kings Path Partners LLC increased its holdings in Aris Water Solutions by 2.6% in the third quarter. Kings Path Partners LLC now owns 67,234 shares of the company's stock valued at $1,134,000 after purchasing an additional 1,735 shares during the period. Meeder Asset Management Inc. bought a new position in Aris Water Solutions during the 3rd quarter worth $39,000. Finally, New York State Teachers Retirement System lifted its holdings in Aris Water Solutions by 2,346.0% during 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. Institutional investors and hedge funds own 39.71% of the company's stock.
Insider Buying and Selling at Aris Water Solutions
In related news, insider S Corp Gable sold 331,181 shares of the firm's stock in a transaction on Monday, January 6th. The stock was sold at an average price of $25.16, for a total transaction of $8,332,513.96. Following the sale, the insider now owns 2,268,559 shares of the company's stock, valued at $57,076,944.44. This trade represents a 12.74 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Delaware Energy Llc sold 3,223,670 shares of the company'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. Insiders sold 4,161,178 shares of company stock valued at $106,845,859 in the last quarter. Company insiders own 23.06% of the company's stock.
Aris Water Solutions Company Profile
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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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