ARTESIAN RESOURCES CORP(ARTNA)Stock Analysis
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Rank #1,460 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ARTNA Stock Analysis & AI Quality Score
AI stock analysis and institutional research for ARTESIAN RESOURCES CORP (ARTNA), a Utilities sector company. 13F Pro's AI-powered ranking engine scores ARTNA at 50.3/100 on a 32-signal composite quality model, placing it at rank #1,460 of 2,879 stocks — the bottom half of the AI-ranked universe. ARTNA scores in the top quartile across profitability (86.5). Areas of concern include institutional flow (5.8) and free cash flow (16.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), ARTESIAN RESOURCES CORP reports quarterly revenue of $27.8M, net income of $5.9M, free cash flow of $-4.5M. Top institutional holders of ARTNA by reported 13-F value include VANGUARD CAPITAL MANAGEMENT, RENAISSANCE TECHNOLOGIES, ADAGE CAPITAL PARTNERS GP, L.L.C., based on the most recent SEC filings. ARTNA trades on the Nasdaq exchange and files with the SEC under CIK 863110. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ARTNA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ARTESIAN RESOURCES CORP directly from SEC EDGAR. ARTESIAN RESOURCES CORP's 13F Pro composite quality score has ranged between 39 and 53 since 2021, currently 50.3 — a stable long-term trajectory across 28 quarterly and live scoring snapshots.
Revenue
Q1 2026
$27.8M
Net Income
Q1 2026
$5.9M
Free Cash Flow
Q1 2026
$-4.5M
ROIC
Q1 2026
1.4%
D/E Ratio
Q1 2026
0.73
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+4.6% YoYNet Income
+11.9% YoYOperating Income
+6.2% YoYEPS (Diluted)
+11.6% YoYTotal Assets
+6.6% YoYTotal Debt
-1.3% YoYOp. Cash Flow
+9.6% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $112.9M +4.6% | $108.0M +9.2% | $98.9M -0.0% | $98.9M +8.8% | $90.9M +3.1% | $88.1M |
| Net Income | $22.8M +11.9% | $20.4M +22.1% | $16.7M -7.2% | $18.0M +7.0% | $16.8M +0.1% | $16.8M |
| Operating Income | $27.8M +6.2% | $26.2M +16.5% | $22.4M -6.1% | $23.9M +7.2% | $22.3M -0.0% | $22.3M |
| EPS (Diluted) | $2.21 +11.6% | $1.98 +18.6% | $1.67 -12.1% | $1.90 +6.1% | $1.79 +0.0% | $1.79 |
| Total Assets | $851.2M +6.6% | $798.6M +4.1% | $766.8M +6.5% | $719.8M +15.2% | $624.7M +5.3% | $593.2M |
| Total Debt | $178.5M -1.3% | $180.8M -1.1% | $182.8M +1.8% | $179.6M +22.7% | $146.4M +0.4% | $145.8M |
| Operating Cash Flow | $40.3M +9.6% | $36.8M +15.6% | $31.9M +31.3% | $24.3M -22.5% | $31.3M +53.8% | $20.4M |
AI Insight: ARTNA Financial Trends
Artesian Resources shows modest revenue growth and stable margins, but debt crept back to $183M in Q1 2026 — a new 8-quarter high.
• Revenue grew from $27M in Q2 2024 to $28M in Q1 2026, with seasonal peaks hitting $30M in Q3 2025.
• Equity steadily expanded from $234M in Q2 2024 to $253M in Q1 2026, reflecting consistent retained earnings accumulation.
• Net income in Q1 2026 rose to $6M versus $5M in Q1 2025, a modest year-over-year improvement in the seasonally weak quarter.
⚠ Total debt rose to $183M in Q1 2026, the highest level in the 8-quarter window, reversing a prior deleveraging trend.
⚠ Operating cash flow of $9M in Q1 2026 remains modest; sustained capex or debt service could pressure free cash generation.
AI Insight: ARTNA Ratio Trends
ARTNA shows stable but modestly compressed returns in Q1 2026, with ROIC trailing its year-ago quarter by 120 basis points.
• Operating margin improved sequentially from 20.6% in Q4 2025 to 22.6% in Q1 2026, but remains below Q1 2025's 21.4% on an annualized basis.
• ROIC declined from 7.0% in Q2 2024 to 5.8% in Q1 2026, indicating gradually contracting capital efficiency over the period.
• D/E ratio edged down from 0.76 in Q2 2024 to 0.73 in Q1 2026, reflecting modest but consistent deleveraging.
• Net profit margin of 21.4% in Q1 2026 exceeds Q1 2025's 21.0%, suggesting slight year-over-year profitability improvement.
⚠ Q4 seasonality persistently crushes margins — Q4 2025 OpMargin hit 20.6%, the weakest quarter of the year; watch for any structural worsening.
⚠ ROIC of 5.8% in Q1 2026 versus 7.0% in Q2 2024 — sustained compression could signal rate-case timing or rising cost-of-capital pressure.
⚠ D/E at 0.73 remains elevated for a regulated utility; monitor debt issuance tied to capital infrastructure programs.
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Available Research
13F Pro tracks comprehensive data for ARTESIAN RESOURCES CORP including:
Top Institutional Holders of ARTNA
VANGUARD CAPITAL MANAGEMENT LLC
$12.4M388,459 shRENAISSANCE TECHNOLOGIES LLC
$10.2M320,456 shADAGE CAPITAL PARTNERS GP, L.L.C.
$6.4M200,000 shMORGAN STANLEY
$6.2M195,942 shDIMENSIONAL FUND ADVISORS LP
$6.0M189,917 shUBS Group AG
$5.5M171,173 shBlackRock, Inc.
$5.4M170,697 shTWO SIGMA INVESTMENTS, LP
$5.3M167,465 shKestra Advisory Services, LLC
$5.3M166,443 shProspera Financial Services Inc
$5.0M157,887 sh
| Fund | Value | Shares |
|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $12.4M | 388,459 |
| RENAISSANCE TECHNOLOGIES LLC | $10.2M | 320,456 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $6.4M | 200,000 |
| MORGAN STANLEY | $6.2M | 195,942 |
| DIMENSIONAL FUND ADVISORS LP | $6.0M | 189,917 |
| UBS Group AG | $5.5M | 171,173 |
| BlackRock, Inc. | $5.4M | 170,697 |
| TWO SIGMA INVESTMENTS, LP | $5.3M | 167,465 |
| Kestra Advisory Services, LLC | $5.3M | 166,443 |
| Prospera Financial Services Inc | $5.0M | 157,887 |
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Popular Research
Is ARTNA a good stock to buy?
13F Pro's AI-powered analysis of ARTESIAN RESOURCES CORP (ARTNA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Utilities sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ARTNA are available on the ARTNA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ARTNA?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ARTNA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of ARTESIAN RESOURCES CORP's investment landscape.