Artesian ResourcesARTNA
About: Artesian Resources Corp operates as a holding company with a focus on water distribution and wastewater services. Its regulated utility segment includes subsidiaries providing water and wastewater services in Delaware, Maryland, and Pennsylvania. Water distribution spans residential, commercial, industrial, and municipal sectors, while wastewater services are offered primarily in Sussex County, Delaware. The company also engages in non-utility businesses, offering service line protection plans, engineering services, and contract operations for water and wastewater systems. The regulated utility segment constitutes the largest portion of the company's operations, subject to regulations by Delaware, Maryland, and Pennsylvania.
Employees: 251
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
4% less capital invested
Capital invested by funds: $220M [Q2] → $211M (-$8.61M) [Q3]
6.07% less ownership
Funds ownership: 66.36% [Q2] → 60.29% (-6.07%) [Q3]
10% less funds holding
Funds holding: 127 [Q2] → 114 (-13) [Q3]
26% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 46
50% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 26
Research analyst outlook
We haven’t received any recent analyst ratings for ARTNA.