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Middlesex Water boosts board oversight and executive governance

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Middlesex Water boosts board oversight and executive governance

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An announcement from Middlesex Water Company ( (MSEX) ) is now available.

Middlesex Water Company, a regulated water and wastewater utility serving over 500,000 customers in New Jersey and Delaware, continues to emphasize infrastructure investment, operational excellence and sustainable growth as it executes its long-term strategy. On December 19, 2025, the board elected veteran utility and finance executive Robert Hoglund as an independent director, effective January 1, 2026, and named him to its Audit and Enterprise Risk Committees, while also approving amendments to employment agreements for CFO Mohammed G. Zerhouni and COO Gregory Sorensen that clarify severance and incentive compensation terms if they are terminated without cause or resign for good reason, moves that collectively deepen financial and risk oversight and shore up executive retention and governance as the company navigates evolving utility and capital markets conditions.

The most recent analyst rating on (MSEX) stock is a Hold with a $54.00 price target. To see the full list of analyst forecasts on Middlesex Water Company stock, see the MSEX Stock Forecast page.

Spark’s Take on MSEX Stock

According to Spark, TipRanks’ AI Analyst, MSEX is a Neutral.

Middlesex Water Company’s overall stock score is primarily influenced by its stable profitability and solid balance sheet, offset by declining revenue and cash flow challenges. The technical analysis indicates bearish momentum, and the valuation suggests potential overvaluation. The lack of earnings call and corporate events data limits further insights.

To see Spark’s full report on MSEX stock, click here.

More about Middlesex Water Company

Middlesex Water Company is an investor-owned water and wastewater utility established in 1897, providing life-sustaining services to more than half a million people in New Jersey and Delaware. The company focuses on operational excellence, infrastructure investment, superior customer experience, employee engagement, and selective, sustainable growth to deliver value to customers, investors, and the communities it serves.

Average Trading Volume: 146,696

Technical Sentiment Signal: Strong Sell

Current Market Cap: $948.1M

See more insights into MSEX stock on TipRanks’ Stock Analysis page.

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