<div id="readability-page-1"><p>Brown Capital Management LLC reduced its position in shares of  Energy Recovery, Inc. (NASDAQ:ERII - Free Report) by 4.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor  owned 2,479,294 shares of the industrial products company's stock after selling 116,657 shares during the quarter. Brown Capital Management LLC owned about 4.66% of Energy Recovery worth $31,685,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Energy Recovery</strong> alerts:</span></p></div><p>Other hedge funds also recently modified their holdings of the company. Trust Co. of Toledo NA OH bought a new position in  Energy Recovery during the second quarter valued at about $37,000.  FNY Investment Advisers LLC acquired a new stake in  Energy Recovery in the 2nd quarter valued at about $80,000.  Russell Investments Group Ltd. lifted its holdings in  Energy Recovery by 5,662.3% in the 1st quarter. Russell Investments Group Ltd. now owns 8,701 shares of the industrial products company's stock valued at $138,000 after acquiring an additional 8,550 shares during the last quarter.  American Century Companies Inc. bought a new position in shares of  Energy Recovery during the 1st quarter valued at about $162,000.  Finally, Groupe la Francaise acquired a new position in shares of  Energy Recovery in the 2nd quarter worth approximately $153,000. 83.58% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Insider Activity</h2><p>In other Energy Recovery news, insider William Yeung sold 9,168 shares of the business's stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $18.00, for a total value of $165,024.00. Following the transaction, the insider owned 97,369 shares in the company, valued at $1,752,642. The trade was a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last three months, insiders have sold 72,333 shares of company stock worth $1,122,195. Company insiders own  3.20% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several research firms recently commented on ERII. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Energy Recovery in a research note on Tuesday, October 14th. CJS Securities began coverage on Energy Recovery in a research report on Tuesday, September 16th. They set a &#34;market outperform&#34; rating and a $19.00 price objective for the company. Loop Capital  set a $18.20 price objective on Energy Recovery in a research note on Monday, November 10th. Finally, B. Riley  reaffirmed a &#34;neutral&#34; rating on shares of Energy Recovery in a research report on Thursday, November 6th. One equities research analyst  has rated the stock with a Strong Buy rating, one  has assigned  a Buy rating and two have assigned  a Hold rating to the company. Based on data from MarketBeat.com, Energy Recovery currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $17.07.</p><p><b>Read Our Latest Stock Analysis on ERII</b></p><h2>Energy Recovery Stock Down 1.5%</h2><p>ERII opened at $14.68 on Friday. The firm has a market capitalization of $777.60 million, a P/E ratio of 43.18 and a beta of 1.13. The stock has a fifty day moving average of $15.52 and a 200-day moving average of $14.21. Energy Recovery, Inc. has a 12-month low of $10.86 and a 12-month high of $18.32. </p><p>Energy Recovery (NASDAQ:ERII - Get Free Report) last issued its earnings results on Wednesday, November 5th. The industrial products company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The company had revenue of $32.00 million for the quarter, compared to the consensus estimate of $29.94 million. Energy Recovery had a return on equity of 10.09% and a net margin of 14.44%. On average, analysts expect that  Energy Recovery, Inc. will post 0.36 earnings per share for the current fiscal year. </p><h2>Energy Recovery Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Energy Recovery</li><li>How to Calculate Return on Investment (ROI)</li><li>The Trade Desk: After a 70% Plunge, This Could Be The Time to Buy</li><li>Insider Buying Explained: What Investors Need to Know</li><li>Tap Into 2026 AI Infrastructure Gains With This High-Growth ETF</li><li>How to Invest in Biotech Stocks</li><li>Strong Quarter, Weak Reaction: Why GitLab Shares Dropped</li></ul><p><strong>Want to see what other hedge funds are holding ERII?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Recovery, Inc. (NASDAQ:ERII - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RVJJSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RVJJSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Energy Recovery Right Now?</h2><p>Before you consider Energy Recovery, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Energy Recovery wasn't on the list.</p><p>While Energy Recovery currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ERII

<p>Brown Capital Management LLC reduced its stake in Energy Recovery, Inc. by 4.5% in Q2. Insider William Yeung sold shares, decreasing his ownership by 8.61%. Analysts have mixed ratings, with a consensus "Moderate Buy" and a price target of $17.07. ERII stock opened at $14.68, with a market cap of $777.60M. Recent earnings beat estimates, with $0.12 EPS and $32M revenue.</p>

Energy Recovery, Inc. $ERII Position Reduced by Brown Capital Management LLC