Essential Utilities (WTRG) Stock

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities, Inc. (NYSE: WTRG) has announced that its Aqua Pennsylvania subsidiary has completed the $18 million acquisition of the Greenville Sanitary Authority's wastewater system in Mercer County, PA. This system provides services to Greenville Borough, Hempfield, and West Salem Townships. The sale was approved by the Pennsylvania Public Utility Commission (PUC) on December 12, 2024, marking the first transaction approved since recent improvements were made by the PUC.

BRYN MAWR, Pa.--(BUSINESS WIRE)--For the fourth year in a row, Essential Utilities, a major provider of water, wastewater, and natural gas in the U.S., has been named one of America's Most Responsible Companies by Newsweek. This recognition highlights Essential's commitment to implementing important environmental and social practices in their business. "At Essential Utilities, we feel a strong responsibility towards our customers, communities, and the environment," the company stated.

Lee Samaha (3M): Although 3M has a dividend yield of 2.2%, it isn't as attractive as it once was. Still, investors are likely not too concerned since the stock increased by 42% in 2024 after several years of poor performance.

Essential Utilities (WTRG) is currently considered to be oversold, which means the intense selling might be coming to an end. Additionally, there is a strong consensus among Wall Street analysts to increase earnings forecasts, which could result in a change in the stock's direction.

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) has successfully completed its fourth annual Fall for Food Banks campaign. This initiative involved employees from nine states working together to fight hunger and help their local communities. Through food drives, volunteer activities, and donations, employees from Essential, Aqua, and Peoples made a notable impact on reducing food insecurity.

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) is excited to mark the 50th anniversary of the Safe Drinking Water Act, an important law that helps keep public health safe. To celebrate this achievement, Essential, through its water utility Aqua, is enhancing its commitment to maintaining water quality. "For the last fifty years, the Safe Drinking Water Act has been essential for ensuring safe drinking water," stated Christopher Franklin, chairman and CEO of Essential Utilities.

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) plans to announce its financial results for the entire year of 2024 after the market closes on February 26, 2025. A conference call with financial analysts is scheduled for Thursday, February 27, 2025, at 11 a.m. Eastern Standard Time. People can listen to the call and view the presentation live online by visiting Essential.co and clicking on the Investors link.

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) has revealed that it raised over $770,000 during its United Way campaign for 2024-2025. This amount came from individual donations made by employees from its Aqua and Peoples Natural Gas divisions, along with a matching contribution from the Essential Foundation. The funds will be given to the United Way of Greater Philadelphia and Southern New Jersey, which is organizing the campaign.

Essential Utilities has a solid regulatory standing and a $7.8 billion investment plan that will help boost long-term earnings and provide steady returns for shareholders. In the latest quarter, the company saw a 5.8% increase in revenue compared to last year, mainly due to higher water sales and regulatory recoveries, with earnings per share slightly exceeding expectations. Additionally, the company is focused on increasing dividends, currently offering a forward yield of over 3.25%, and its stock valuation is still attractive compared to recent averages.