Energy Recovery (NASDAQ:ERII) Raised to Strong-Buy at Seaport Res Ptn

Energy Recovery (NASDAQ:ERII) was upgraded by equities researchers at Seaport Res Ptn to a “strong-buy” rating in a report released on Thursday,Zacks.com reports. Seaport Res Ptn also issued estimates for Energy Recovery’s Q3 2025 earnings at $0.17 EPS and Q3 2026 earnings at $0.22 EPS.

A number of other equities analysts have also weighed in on the stock. Evercore ISI cut their price objective on shares of Energy Recovery from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, November 19th. Fearnley Fonds lowered Energy Recovery from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Scotiabank assumed coverage on Energy Recovery in a research report on Thursday. They issued a “buy” rating and a $22.00 price objective for the company. Finally, B. Riley reduced their target price on Energy Recovery from $22.00 to $20.00 and set a “buy” rating on the stock in a research report on Tuesday, November 19th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $20.75.

Energy Recovery Stock Performance

Energy Recovery stock opened at $16.26 on Thursday. The firm has a market capitalization of $941.29 million, a price-to-earnings ratio of 47.82 and a beta of 1.18. Energy Recovery has a fifty-two week low of $12.26 and a fifty-two week high of $20.27. The stock’s fifty day moving average is $17.55 and its two-hundred day moving average is $15.85.

Energy Recovery (NASDAQ:ERII) last issued its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. Energy Recovery had a return on equity of 8.90% and a net margin of 14.35%. The firm had revenue of $38.60 million during the quarter, compared to the consensus estimate of $37.37 million. During the same period in the previous year, the firm posted $0.17 EPS. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Energy Recovery will post 0.41 EPS for the current fiscal year.

Insider Buying and Selling at Energy Recovery

In other Energy Recovery news, SVP Rodney Clemente sold 6,505 shares of the stock in a transaction on Monday, October 28th. The shares were sold at an average price of $17.98, for a total transaction of $116,959.90. Following the sale, the senior vice president now directly owns 133,823 shares of the company’s stock, valued at approximately $2,406,137.54. This represents a 4.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David W. Moon sold 2,550 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $17.97, for a total transaction of $45,823.50. Following the completion of the transaction, the chief executive officer now directly owns 87,101 shares in the company, valued at $1,565,204.97. This represents a 2.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,406 shares of company stock worth $828,688 in the last ninety days. 4.10% of the stock is owned by insiders.

Institutional Trading of Energy Recovery

Hedge funds have recently bought and sold shares of the company. Hantz Financial Services Inc. acquired a new position in Energy Recovery during the 2nd quarter worth $26,000. CWM LLC lifted its holdings in Energy Recovery by 5,032.5% in the third quarter. CWM LLC now owns 4,260 shares of the industrial products company’s stock worth $74,000 after purchasing an additional 4,177 shares during the period. Pinnacle Associates Ltd. bought a new position in Energy Recovery in the 3rd quarter valued at about $193,000. AXA S.A. acquired a new position in Energy Recovery during the 2nd quarter valued at about $149,000. Finally, AQR Capital Management LLC increased its stake in Energy Recovery by 19.8% during the 2nd quarter. AQR Capital Management LLC now owns 11,998 shares of the industrial products company’s stock valued at $159,000 after buying an additional 1,986 shares during the period. 83.58% of the stock is currently owned by institutional investors.

Energy Recovery Company Profile

Energy Recovery, Inc, together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment.