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Essential Utilities ( (WTRG) ) has provided an update.
On March 9, 2026, Essential Utilities, Inc. issued $500 million of 5.125% senior notes due March 15, 2036, under its existing indenture with U.S. Bank Trust Company, National Association, as trustee. The notes pay interest semi-annually beginning September 15, 2026, carry customary covenants and events-of-default provisions, and may be redeemed before maturity subject to make-whole or par call terms depending on timing.
The notes were sold in a registered public offering that closed on March 9, 2026, following an underwriting agreement dated March 5, 2026, with a syndicate led by Barclays Capital Inc., PNC Capital Markets LLC and RBC Capital Markets, LLC. This financing strengthens Essential Utilities’ access to long-term capital, providing additional balance sheet flexibility to fund its regulated utility investments and signaling continued institutional demand for the company’s debt securities.
The most recent analyst rating on (WTRG) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Essential Utilities stock, see the WTRG Stock Forecast page.
Spark’s Take on WTRG Stock
According to Spark, TipRanks’ AI Analyst, WTRG is a Neutral.
The score is driven primarily by steady regulated-utility earnings and constructive earnings-call outlook (reaffirmed 5%–7% EPS growth and EPS beat), offset by structurally negative free cash flow and data/comparability uncertainty in 2025 financial line items. Technicals are supportive with price above major moving averages, while valuation is reasonable with a mid-teens P/E and a ~3.4% dividend yield.
To see Spark’s full report on WTRG stock, click here.
More about Essential Utilities
Essential Utilities, Inc. operates in the utilities sector, focusing on regulated water, wastewater and related infrastructure services for customers in U.S. markets. The company typically relies on the public debt capital markets to finance long-lived assets and support its ongoing capital expenditure and growth programs within its regulated service territories.
Average Trading Volume: 2,449,470
Technical Sentiment Signal: Strong Buy
Current Market Cap: $11.42B
For an in-depth examination of WTRG stock, go to TipRanks’ Overview page.