Investors Bet Big on Water Tech Firm

Major Investment Firms Increase Stakes

• Farther Finance Advisors LLC increased their stake by 41.3% in Q2, now owning 5,140 shares worth $122,000.
• Two Sigma Advisers LP started a new position in Q4.
• GAMMA Investing LLC boosted holdings by 4,584.0% in Q1.
• Janney Montgomery Scott LLC increased stake by 233.8% in Q1.
• Inscription Capital LLC and Mad River Investors also bought new stakes in Q1.

Analysts Have Mixed Feelings

• Current consensus rating: "Hold"
• Average price target: $26.50

Stock Performance

• Opened at $24.32 on a recent Friday.
• 50-day moving average: $23.48
• 200-day moving average: $24.50
• Market cap: $1.44 billion
• PE ratio: 29.30

Earnings Report

• Earnings per share: $0.19 (below expectations).
• Revenue: $124.09 million (beat estimates).
• Dividend: $0.14 per share, yielding 2.3%.

Business Overview

Aris Water Solutions specializes in water handling and recycling, managing water from oil and natural gas production. They also develop facilities to treat and recycle this water.