- Hsbc Holdings PLC reduced its stake in Essential Utilities Inc. by 81.6% during the first quarter, leaving it with 17,090 shares valued at $691,000.
- Several other institutional investors and hedge funds also adjusted their holdings, while the company reported first-quarter revenue of $861.76 million and an EPS of $0.83.
- Essential Utilities declared an increased quarterly dividend of $0.3606 per share, payable on September 1st, alongside mixed analyst ratings and price targets.
