Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. It offers water services through operating and maintenance contracts with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through a third-party. It serves approximately 5 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.
IPO Year:
Exchange: NYSE
Website: essential.co
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/28/2025 | $41.00 | Hold → Buy | Jefferies |
| 1/7/2025 | $43.00 → $39.00 | Overweight → Equal Weight | Wells Fargo |
| 11/7/2024 | $44.00 → $41.00 | Buy → Hold | Jefferies |
| 10/7/2024 | $44.00 | Buy | Jefferies |
| 9/20/2024 | $45.00 | Buy | BofA Securities |
| 11/3/2023 | Hold → Buy | Edward Jones | |
| 9/28/2023 | $42.00 | Neutral → Buy | Northcoast |
| 5/18/2023 | Buy → Neutral | Northcoast | |
| 2/6/2023 | $54.00 → $55.00 | Neutral → Buy | UBS |
| 9/9/2022 | $52.00 | Buy → Neutral | BofA Securities |
Jefferies upgraded Essential Utilities from Hold to Buy and set a new price target of $41.00
Wells Fargo downgraded Essential Utilities from Overweight to Equal Weight and set a new price target of $39.00 from $43.00 previously
Jefferies downgraded Essential Utilities from Buy to Hold and set a new price target of $41.00 from $44.00 previously
Jefferies initiated coverage of Essential Utilities with a rating of Buy and set a new price target of $44.00
BofA Securities resumed coverage of Essential Utilities with a rating of Buy and set a new price target of $45.00
Edward Jones upgraded Essential Utilities from Hold to Buy
Northcoast upgraded Essential Utilities from Neutral to Buy and set a new price target of $42.00
Northcoast downgraded Essential Utilities from Buy to Neutral
UBS upgraded Essential Utilities from Neutral to Buy and set a new price target of $55.00 from $54.00 previously
BofA Securities downgraded Essential Utilities from Buy to Neutral and set a new price target of $52.00
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8-K - Essential Utilities, Inc. (0000078128) (Filer)
8-K - Essential Utilities, Inc. (0000078128) (Filer)
8-K - Essential Utilities, Inc. (0000078128) (Filer)
8-K - Essential Utilities, Inc. (0000078128) (Filer)
8-K - Essential Utilities, Inc. (0000078128) (Filer)
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Funding is part of Aqua Pennsylvania's commitment to provide safe, reliable drinking water and reduce associated customer costs Aqua Pennsylvania announced it was awarded a combination of grant and low-interest loan funding through the Pennsylvania Infrastructure Investment Authority (PENNVEST). Funding totaling $15.05 million will support Aqua Pennsylvania's continuing commitment to remove PFAS from drinking water. Another $2.3 million in funding will go toward Aqua Pennsylvania's ongoing lead service line replacement program. PENNVEST funds allow recipients like Aqua Pennsylvania to complete these important infrastructure upgrades at a reduced cost to customers. "Aqua Pennsylvania's com
Years of action before federal or state guidelines underscores the company's ongoing customer commitment to remove PFAS and protect public health Aqua Pennsylvania continues its work to protect customers' drinking water as ASCE report card grades America's drinking water as a ‘C-' One year since the United States Environmental Protection Agency (EPA) set a national standard for six PFAS compounds in drinking water, Aqua Pennsylvania confirms it is prepared to meet these federal regulations ahead of required compliance in 2029 thanks to nearly a decade of sustained action. "When our customers turn on their taps, they do so with confidence that their drinking water is safe. We are fully co
Essential Utilities Inc. (NYSE:WTRG) expects to report earnings for the quarter ended March 31, 2025, prior to market opening on May 12, 2025. The company's conference call with financial analysts will take place on May 12, 2025, at 11 a.m. Eastern Daylight Time. The call and presentation will be webcast live so interested parties may listen over the internet by logging on to Essential.co and following the link for Investors. Chris Franklin, Chief Executive Officer, and Dan Schuller, Chief Financial Officer, will host the conference call. The call will include a discussion of the First Quarter 2025 results. There will be a question & answer session as part of the call. About Essential Es
The company invested $1.3 billion in 2024 with $7.8 billion projected through 2029, addressing critical infrastructure needs highlighted in the American Society of Civil Engineers' 2025 Report Card As the American Society of Civil Engineers (ASCE) releases its 2025 Report Card for America's Infrastructure, highlighting the urgent need for sustained nationwide investment, Essential Utilities (NYSE:WTRG) reinforces its commitment to addressing infrastructure challenges. Through its billion-dollar capital improvement program, Essential is modernizing water and natural gas infrastructure across its nine-state footprint, ensuring safer, more resilient communities. "The ASCE's 2025 report under
Keep your communities safe and prevent service disruptions during spring landscaping and home improvement projects using the 811 One Call System In honor of National Safe Digging Month, Essential Utilities and its water and natural gas segments, Aqua and Peoples Natural Gas, remind homeowners, businesses and contractors to contact 811 before beginning any digging project, large or small. Contacting 811 is required by law for all excavation projects, including major construction work and smaller home improvement projects like planting trees and shrubs, installing mailboxes, or setting up basketball hoops or swing sets. Contractors are required to call on behalf of their customers, though a
Company commemorates five years as one integrated utility, building on a legacy of more than 135 years in water and natural gas service This month Essential Utilities (NYSE:WTRG) commemorates its fifth anniversary as a unified company, reinforcing its position as one of the nation's largest regulated utilities. Since the integration of Aqua and Peoples in 2020, Essential has demonstrated the power of bringing together operational expertise, financial strength, and regulatory credibility to enhance infrastructure, improve environmental sustainability, and provide long-term value to customers and investors. Both Aqua and Peoples bring a rich history of nearly 140 years of delivering essenti
Eligible customers can enroll in Aqua's Customer Assistance Program to receive monthly discounts on water and wastewater bills. Aqua Pennsylvania, an Essential Utilities company, encourages customers in need of financial assistance to apply for its Customer Assistance Program (CAP). Administered through the Dollar Energy Fund (DEF), this year-round program offers monthly discounts on water and wastewater bills to eligible customers. "At Aqua, we understand that paying for essential services can be a challenge for some families, especially after the holiday season," said Essential Utilities Director of Community Assistance Programs Rita Black. "CAP offers valuable support to help ensure
Vallejo brings decades of investor relations experience to the Essential team Essential Utilities Inc. (NYSE:WTRG) announced today the appointment of Ed Vallejo as the company's new investor relations director. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250228113613/en/Ed Vallejo named new Investor Relations Director for Essential Utilities (Photo: Business Wire) "We are excited to welcome Ed to the Essential team," said Essential Chairman and CEO Christopher Franklin. "With a wealth of experience in investor relations, including more than 20 years in the water and wastewater industry, Ed will be an invaluable asset to Ess
Earnings per share increases 17% to $2.17 for Full Year 2024 (GAAP) Excluding one-time items and weather-related items, adjusted earnings per share of $1.97 (Non-GAAP) Company affirms 2025 EPS guidance of $2.07 - $2.11 and multi-year earnings guidance of 5-7% from $1.97 (Non-GAAP) PA PUC Approved Settlement for Aqua Pennsylvania rate case Recently closed Greenville Wastewater Acquisition in Pennsylvania Essential Utilities Inc. (NYSE:WTRG) today reported results for the fourth quarter and full year ended December 31, 2024. Essential's net income was $184.8 million or $0.67 per share for the fourth quarter of 2024, compared to $0.50 per share for the same period in 2023, an incre
The board of directors of Essential Utilities Inc. (NYSE:WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable June 2, 2025, to all shareholders of record on May 13, 2025. The June 2025 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the June 2024 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 80 years. About Essential Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, o
Vallejo brings decades of investor relations experience to the Essential team Essential Utilities Inc. (NYSE:WTRG) announced today the appointment of Ed Vallejo as the company's new investor relations director. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250228113613/en/Ed Vallejo named new Investor Relations Director for Essential Utilities (Photo: Business Wire) "We are excited to welcome Ed to the Essential team," said Essential Chairman and CEO Christopher Franklin. "With a wealth of experience in investor relations, including more than 20 years in the water and wastewater industry, Ed will be an invaluable asset to Ess
Company welcomes new tax vice president and investor relations director Essential Utilities Inc. (NYSE:WTRG) announces the appointment of two seasoned professionals to the company's finance team: Angela Jiang joins the company as vice president, tax, and Hayley Diminick will assume the role of director of investor relations. "We are excited to welcome Angela and Hayley to the Essential team," said Essential Chairman and CEO Christopher H. Franklin. "Their proven track records in tax and investor relations, respectively, will be instrumental as we continue to grow and address the nation's water and natural gas infrastructure challenges." In her new role, Jiang will oversee Essential's
Chesko brings decades of industry experience to Aqua Essential Utilities Inc. (NYSE:WTRG) announced today Natalie Chesko has been named the new President of Aqua New Jersey. Chesko will oversee Aqua's water and wastewater operations in New Jersey. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240418338924/en/Essential Utilities Announces Appointment of Natalie Chesko to President of Aqua New Jersey. (Photo: Business Wire) "I couldn't be more elated to welcome Natalie to the Aqua family, and I'm excited to see how her passion and expertise will further Aqua's mission," said Aqua President Colleen Arnold. "Her years of experien
20-year industry veteran prioritizes safety, compliance and customer experience in new role Essential Utilities today announced Ron King as Vice President of its Peoples gas operations, expanding the company's commitment to provide clean, safe, reliable natural gas in Southwest Pennsylvania and Kentucky. He will oversee all operations and maintenance, including gas measurement and regulation, compressor operations, field customer service, and dispatch operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230608005310/en/Ron King has been appointed to Vice President, Gas Operations for Essential Utilities Inc. (Photo: Busi
New vice presidents join company in communications and information technology Essential Utilities Inc. (NYSE:WTRG) announced the appointment of two new members to the company's executive leadership team: Jeanne Russo joins the company as vice president, communications, and Sumit Nair will assume the role of vice president and chief information officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221108005377/en/Jeanne Russo is appointed vice president, communications for Essential Utilities. Russo is a tenured communications leader with more than 25 years of experience developing and executing strategic communications for top
Essential Utilities Inc. (NYSE:WTRG) announces the appointment of W. Bryan Lewis to the Essential board of directors. Lewis will serve as a member of the following board committees: audit and risk mitigation and investment policy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221101005980/en/Essential Utilities Announces Appointment of Bryan Lewis to Board of Directors (Photo: Business Wire) Lewis is the vice president and chief investment officer for the United States Steel Corporation, where he is responsible for the company's global investments for both the defined contribution and defined benefit plans, as well as other rela
Essential Utilities announced today that Vice President, Regulatory and Government Affairs Kimberly Joyce has added the role of corporate secretary to her responsibilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220816005796/en/Kim Joyce has been named corporate secretary for Essential Utilities. (Photo: Business Wire) As corporate secretary, Joyce adds critical responsibilities associated with the Essential board of directors, Securities & Exchange Commission filings, and the company's legal entity structure. "Kim's long tenure with the company as a regulatory attorney has provided her expansive experience and knowledge
Essential Utilities has announced that Jim Barbato has been appointed to the new role of vice president of financial planning and analysis from his previous role as vice president of corporate engineering. In his new position, Barbato will report to the CFO and assume responsibility for all financial planning and analysis functions, including overall management and execution of the budgeting and multi-year financial planning process, forecasting, and data-driven decision making to help the company achieve its strategic objectives. He will retain his responsibility for overall capital budgeting for the corporation. This press release features multimedia. View the full release here: https://w
Essential Utilities has appointed Vice President and Chief Information Officer Whitney Kellett to lead its $143 million service improvement project following the retirement of former Senior Vice President, Business Transformation Ruth DeLost-Wylie. The next phase of the project, which began in 2020, will continue under Kellett's leadership. As part of its succession planning, the company also announced that Kellett will assume the role of chief administrative officer later in 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220805005496/en/Essential Utilities appoints Whitney Kellett to head SIP project and assume chief admin
Essential Utilities announced today the promotion of Dave Kralle to Chief of Staff to the Essential Chairman and CEO Christopher Franklin who created the role shortly after his appointment in 2015. Franklin created the role in recognition that "people are the company's greatest asset," and that managing a large, geographically dispersed organization naturally presents challenges. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220805005495/en/Dave Kralle has been named chief of staff at Essential Utilities. (Photo: Business Wire) As chief of staff, Kralle will play a key role, ensuring that the company's vision and core values — i
Essential Utilities Inc. (NYSE:WTRG) expects to report earnings for the quarter ended March 31, 2025, prior to market opening on May 12, 2025. The company's conference call with financial analysts will take place on May 12, 2025, at 11 a.m. Eastern Daylight Time. The call and presentation will be webcast live so interested parties may listen over the internet by logging on to Essential.co and following the link for Investors. Chris Franklin, Chief Executive Officer, and Dan Schuller, Chief Financial Officer, will host the conference call. The call will include a discussion of the First Quarter 2025 results. There will be a question & answer session as part of the call. About Essential Es
Earnings per share increases 17% to $2.17 for Full Year 2024 (GAAP) Excluding one-time items and weather-related items, adjusted earnings per share of $1.97 (Non-GAAP) Company affirms 2025 EPS guidance of $2.07 - $2.11 and multi-year earnings guidance of 5-7% from $1.97 (Non-GAAP) PA PUC Approved Settlement for Aqua Pennsylvania rate case Recently closed Greenville Wastewater Acquisition in Pennsylvania Essential Utilities Inc. (NYSE:WTRG) today reported results for the fourth quarter and full year ended December 31, 2024. Essential's net income was $184.8 million or $0.67 per share for the fourth quarter of 2024, compared to $0.50 per share for the same period in 2023, an incre
The board of directors of Essential Utilities Inc. (NYSE:WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable June 2, 2025, to all shareholders of record on May 13, 2025. The June 2025 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the June 2024 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 80 years. About Essential Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, o
Acquisition reflects company's commitment to providing reliable wastewater treatment and environmental protection Essential Utilities, Inc. (NYSE:WTRG) announced today its Aqua Pennsylvania subsidiary has finalized its $18 million purchase of the Greenville Sanitary Authority's wastewater system in Mercer County, PA. The system serves Greenville Borough, Hempfield and West Salem Townships. The Pennsylvania Public Utility Commission (PUC) approved the sale on December 12, 2024. This is the first transaction approved by the Pennsylvania PUC since implementing improvements over the summer to the fair market value statute passed in 2016. Essential Utilities, Inc. expects the improvements ma
Essential Utilities Inc. (NYSE:WTRG) expects to report financial results for the full year 2024 following market close on February 26, 2025. The company's conference call with financial analysts will take place on Thursday, February 27, 2025, at 11 a.m. Eastern Standard Time. The call and presentation will be webcast live so interested parties may listen over the internet by logging on to Essential.co and following the link for Investors. The conference call will be archived in the Investor Relations section of the company's website following the call. Additionally, the call will be recorded and made available for replay at 2 p.m. on February 27, 2025, for seven days following the call. T
The board of directors of Essential Utilities Inc. (NYSE:WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable March 3, 2025, to all shareholders of record on February 10, 2025. The March 2025 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the March 2025 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 79 years. About Essential Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainabl
Earnings per share of $0.25 for Q3 2024 Company reinstates multi-year earnings guidance of 5-7% PUC approval of Peoples Natural Gas rate case Settlement reached for Aqua Pennsylvania rate case Essential Utilities Inc. (NYSE:WTRG) today reported results for the third quarter ended September 30, 2024. Essential's net income was $69.4 million or $0.25 per share for the third quarter of 2024. Essential also announces multi-year guidance, including earnings expectations, and infrastructure investment plans, and reaffirms the company's long-term emissions reduction and PFAS commitment. "After temporarily suspending long-term guidance on earnings per share (EPS) in early 2024, the company is
The board of directors of Essential Utilities Inc. (NYSE:WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable December 2, 2024, to all shareholders of record on November 12, 2024. The December 2024 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the December 2023 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 79 years. About Essential Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sust
Essential Utilities Inc. (NYSE:WTRG) expects to report earnings for the quarter ending September 30, 2024, following market close on November 4, 2024. The company's conference call with financial analysts will take place on Tuesday, November 5, 2024, at 11 a.m. Eastern Standard Time. The call and presentation will be webcast live so interested parties may listen over the internet by logging on to Essential.co and following the link for Investors. The conference call will be archived in the Investor Relations section of the company's website following the call. Additionally, the call will be recorded and made available for replay at 2 p.m. on November 5, 2024, for seven days following the c
Earnings per share of $0.28 for Q2 2024, due to weather impacts Company increases quarterly dividend rate by 6.0% Essential Utilities Inc. (NYSE:WTRG) today reported results for the second quarter ended June 30, 2024. Essential's net income of $75.4 million or $0.28 per share for the second quarter of 2024. "We continue to deliver long-term value to our customers, communities, shareholders, and employees, and we are pleased with the execution of our infrastructure investment plan and with the progress made in our strategic regulatory priorities in the first half of 2024," said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin. "However, in 2024, for the sec
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4 - Essential Utilities, Inc. (0000078128) (Issuer)
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4 - Essential Utilities, Inc. (0000078128) (Issuer)
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4 - Essential Utilities, Inc. (0000078128) (Issuer)
4 - Essential Utilities, Inc. (0000078128) (Issuer)
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4/A - Essential Utilities, Inc. (0000078128) (Issuer)
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