Bank of America buys stake in Middlesex Water stock

Published on 10/14/2026 at 02:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America disclosed a USD 2.27 million position on October 1, 2026. Middlesex Water stock last stood at USD 53.80.

Stake purchase and quarterly results

Bank of America disclosed a USD 2.27 million Middlesex Water position on October 1, 2026.
Second-quarter revenue reached USD 56.36 million and diluted earnings per share were USD 0.79.
Middlesex Water stock was last at USD 53.80 on Nasdaq on October 13, 2026.
The next earnings date is October 30, 2026.

MSEX, US5966801087, Illustration mit AI erstellt.

Middlesex Water Company reported a new USD 2.27 million position by Bank of America on October 1, 2026, according to MarketBeat. Middlesex Water stock was last at USD 53.80 on Nasdaq on October 13, 2026, while the company carries a market value of USD 1.0 billion.

Quarterly earnings set the benchmark

The second-quarter 2026 report delivered diluted earnings per share of USD 0.79, ahead of the USD 0.66 consensus estimate, according to MarketBeat. The USD 0.13 difference gives investors a concrete measure of the quarter's earnings performance.

Revenue reached USD 56.36 million in the second quarter of 2026, compared with the USD 54.51 million consensus forecast. The report therefore paired a USD 1.85 million revenue outperformance with the earnings surprise.

What does the quarterly result show?

The answer is a utility business with recurring regulated demand and a valuation that still depends on execution. Middlesex Water provides water and wastewater services to more than half a million people in New Jersey and Delaware, according to its investor-relations materials.

Three dated company milestones

On July 23, 2026, Middlesex Water declared a quarterly cash dividend; the quarterly payment was USD 0.36 per share on September 1, 2026, according to MarketBeat. On July 30, 2026, the company reported second-quarter revenue of USD 56.36 million and diluted earnings per share of USD 0.79.

On October 1, 2026, Bank of America disclosed its USD 2.27 million position in Middlesex Water. That filing is the most recent dated ownership event used in this report, and it places institutional activity alongside the latest operating comparison.

Reporting date and market context

The next earnings date is October 30, 2026, according to Ranked Stocks. The Nasdaq-listed utility's latest USD 53.80 price and USD 1.0 billion market value put the upcoming report against a clearly defined market reference.

Market context: Market report S&P 500.

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