Core Insights - The stock market has shown strong performance in 2025, with major indices reaching record highs, indicating Wall Street's potential for wealth creation [1][2] Group 1: Visa - Visa has a strong track record, with shares climbing in 13 of the last 15 years, and only two declines of 0.3% and 3.3% in 2021 and 2022 respectively [4] - The company's performance is closely tied to economic growth, benefiting from increased consumer and business spending [5] - Visa's focus on payment facilitation rather than lending allows it to avoid capital set-asides for loan losses, enabling quicker recovery during economic downturns [6] Group 2: The Trade Desk - The Trade Desk is positioned for recovery in 2026, with midterm elections expected to boost ad spending [7] - The company's Unified ID 2.0 technology is gaining traction, which could enhance its pricing power and sustain double-digit sales growth [8] - Shares are currently valued at 18 times forward earnings, presenting a bargain compared to previous expectations of 20% to 40% annual sales growth [9] Group 3: Meta Platforms - Meta Platforms remains fundamentally attractive despite high market valuations, with its apps attracting an average of 3.54 billion daily users [11][12] - The introduction of generative AI solutions is expected to enhance ad pricing power and improve click-through rates [13] Group 4: UnitedHealth Group - UnitedHealth Group faced challenges in 2025 but has historically risen in 22 of the last 26 years [16] - The company is exiting unprofitable markets and plans to increase healthcare premiums, which should enhance its pricing power [17] - The Optum subsidiary is expected to rebound, potentially making UnitedHealth a top performer in 2026 [18] Group 5: Sirius XM Holdings - Sirius XM operates as a legal monopoly in satellite radio, generating over 75% of its revenue from subscriptions, which provides predictable cash flow [20][21] - The company has a forward P/E ratio of less than 7, representing a 46% discount to its five-year average [22][23] Group 6: BioMarin Pharmaceutical - BioMarin focuses on ultrarare-disease therapies, with its drug Voxzogo expected to exceed $1 billion in sales this year [25][26] - The company is streamlining operations and is projected to achieve mid-to-high single-digit sales growth in 2026 [27] Group 7: NextEra Energy - NextEra Energy has generated positive returns for investors in 21 of the last 24 years, benefiting from stable electricity demand [29] - The company leads in renewable energy capacity, which has reduced generation costs and supported high-single-digit EPS growth [30][31] Group 8: Okta - Okta provides essential cybersecurity services, with demand expected to grow as cyber threats persist [33][34] - The company's subscription backlog increased to nearly $4.3 billion, reflecting strong growth potential [35] Group 9: York Water - York Water is positioned for significant revenue growth if its proposed rate increase is approved, potentially increasing annual revenue by 32% [37][38] - The company has a long history of dividend payments, enhancing its appeal as a stable investment [39] Group 10: O'Reilly Automotive - O'Reilly Automotive has advanced in 21 of the last 23 years, benefiting from the increasing age of vehicles on the road [41] - The company's share-repurchase program has positively impacted its EPS, making it attractive to value investors [43]

Analyst’s Disclosure:I/we have a beneficial long position in the shares of YORW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA. It may be structured as such, but it is not fi ...

Core Insights - The article discusses the investment position of the author in YORW shares, indicating a beneficial long position through various means such as stock ownership and derivatives [1] Group 1 - The author expresses personal opinions regarding the investment without receiving compensation from any company mentioned [1] - The article emphasizes that it is not financial advice and encourages investors to conduct their own due diligence before making investment decisions [2] - It highlights the ownership of European/Scandinavian tickers by the author, indicating a vested interest in the companies discussed [2] Group 2 - The article notes that past performance does not guarantee future results, and no specific investment recommendations are provided [3] - It clarifies that the views expressed may not reflect those of Seeking Alpha as a whole, indicating a diversity of opinions among analysts [3] - The article mentions that analysts may not be licensed or certified, which could impact the credibility of the investment insights provided [3]

Core Points - York Water declared a quarterly dividend of $0.228 per share in November 2025, representing a 4.0% increase from the prior year [1] - The company has maintained a dividend payment streak that extends over a decade [1]

Core Insights - The article highlights York Water as an exceptional dividend stock with a 209-year streak of continuous payouts, significantly longer than any other company [15][12] - It emphasizes the stability and predictability of dividend-paying companies, particularly in the utility sector, which can navigate economic uncertainties effectively [4][16] Company Overview - York Water, a water and wastewater utility based in South-Central Pennsylvania, has been paying dividends since 1816, making it one of the rarest dividend stocks [13][15] - The company has a market capitalization of approximately $471 million and services 57 municipalities [13] Dividend Performance - York Water has maintained a continuous dividend payment for 209 years, a record unmatched by any other company, with only three U.S. presidents having served during its payout history [15] - The company's dividend yield is currently 2.74%, which is considered modest but reflects a significant share price appreciation of 476% since the year 2000 [21] Financial Stability - The predictability of York Water's cash flow is attributed to the stable demand for water services and the regulatory environment that protects its pricing [16][18] - The Pennsylvania Public Utility Commission (PPUC) regulates rate increases, ensuring a stable revenue stream for York Water [18] Growth Potential - York Water has requested a rate increase of $24.2 million, which would boost its annual revenue by 31% from the projected $78 million for the current year [19] - The company has also pursued bolt-on acquisitions to expand its customer base, which is expected to be accretive to its earnings [20] Valuation - York Water is currently valued at less than 21 times forward-year earnings, representing a 29% discount to its average forward price-to-earnings multiple over the past five years [20]

Core Points - The article discusses the importance of enabling Javascript and cookies in browsers to avoid access issues [1] - It highlights that ad-blockers may prevent users from proceeding to the desired content [1] Summary by Categories Technical Requirements - Users are advised to enable Javascript and cookies in their browsers to ensure proper functionality [1] - The presence of ad-blockers can lead to restrictions in accessing content [1]

Core Insights - York Water (YORW) reported quarterly earnings of $0.43 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, and showing an increase from $0.41 per share a year ago, resulting in an earnings surprise of +13.16% [1] - The company posted revenues of $20.36 million for the quarter ended September 2025, which was 3.04% below the Zacks Consensus Estimate, but an increase from $19.72 million year-over-year [2] - York Water shares have underperformed the market, losing about 0.9% since the beginning of the year compared to the S&P 500's gain of 15.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $20 million, and for the current fiscal year, it is $1.35 on revenues of $78 million [7] - The estimate revisions trend for York Water was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Utility - Water Supply industry, to which York Water belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Performance - Net income for Q3 2025 was $6,201, an increase of $338 or 5.8% from $5,863 in Q3 2024, driven by higher operating revenues and lower income taxes [81]. - For the first nine months of 2025, net income was $14,891, a decrease of $292 or 1.9% from $15,183 in the same period of 2024, impacted by higher operating expenses and interest on debt [87]. Revenue Growth - Operating revenues for Q3 2025 increased by $646 or 3.3% to $20,361, primarily due to customer base growth and a $673 increase from the distribution system improvement charge (DSIC) approved by PPUC [82]. - Operating revenues for the first nine months of 2025 increased by $1,923 or 3.4% to $58,016, driven by customer base growth and $1,590 from the DSIC [89]. Customer Base Expansion - The average number of water customers served increased by 1,101 to 73,684 in 2025, while wastewater customers rose by 530 to 7,115, mainly due to acquisitions [82]. - The Company signed agreements to acquire wastewater and water assets, expected to add approximately 100 and 140 customers respectively, with closings anticipated in Q2 2026 [98][99]. Operating Expenses - Operating expenses for Q3 2025 rose by $787 or 6.7% to $12,447, attributed to higher distribution system maintenance, depreciation, and wages [83]. - Interest on debt for the first nine months of 2025 rose by $1,006 or 15.4% to $7,555, due to increased long-term debt and higher interest rates [91]. Debt and Capitalization - Interest on debt increased by $372 or 16.6% to $2,615 in Q3 2025, primarily due to an increase in long-term debt outstanding [84]. - Common stockholders' equity as a percentage of total capitalization decreased to 50.9% as of September 30, 2025, from 52.6% as of December 31, 2024 [109]. - The Company's total long-term debt as a percentage of total capitalization was 49.1% as of September 30, 2025, up from 47.4% at the end of 2024 [115]. - The Company has a committed line of credit of $50,000, with $37,430 borrowed as of September 30, 2025, and an interest rate of 5.45% [111]. Investments and Expenditures - The Company invested $37,102 in construction expenditures for main extensions and upgrades for the nine months ended September 30, 2025 [103]. - Anticipated construction expenditures for the remainder of 2025 are approximately $10,000, primarily funded through internally-generated funds [104]. - Internally-generated funds from operations increased to $21,432 during the first nine months of 2025, compared to $20,391 in the same period of 2024 [108]. Regulatory and Environmental Factors - Effective October 1, 2025, the Company's tariff included a DSIC on revenues of 4.89% [96]. - A drought watch was declared for 29 counties in Pennsylvania, which may impact future revenues and operating expenses [129]. - The Company maintains a substantial deferred income tax asset due to accelerated depreciation from the Tax Cuts and Jobs Act of 2017 [118]. Credit Rating - Standard & Poor's affirmed the Company's credit rating at A- with a stable outlook as of July 30, 2025 [121].

Financial Results Announcement - The York Water Company announced its third quarter and first nine months 2025 financial results on November 6, 2025[5] - The press release detailing the financial results is incorporated by reference in the Current Report on Form 8-K[5] Financial Metrics - The report does not include specific financial metrics or performance indicators in the provided content[5]

Financial Performance - The York Water Company reported third quarter operating revenues of $20,361,000, an increase of $646,000 compared to Q3 2024 [2] - Net income for the third quarter was $6,201,000, up by $338,000 from the same period last year [2] - Basic and diluted earnings per share for the third quarter were $0.43, an increase of $0.02 year-over-year [2] - For the first nine months of 2025, operating revenues reached $58,016,000, a rise of $1,923,000 compared to the same period in 2024 [3] - Net income for the first nine months was $14,891,000, a decrease of $292,000 from the previous year [3] - Basic and diluted earnings per share for the nine-month period were $1.03, down by $0.03 compared to 2024 [3] Revenue Drivers - Revenue growth was primarily driven by an increase in the customer base and revenues from the Distribution System Improvement Charge (DSIC) [2][3] - The DSIC is a charge allowed by the Pennsylvania Public Utility Commission for the replacement of aging infrastructure [2] Expenses and Taxation - Income taxes decreased due to higher deductions from IRS tangible property regulations [2][3] - Increased revenues and lower income taxes were offset by higher operation and maintenance expenses, depreciation, higher interest on debt, and lower allowance for funds used during construction (AFUDC) [2][3] Capital Investments - The company invested $37.1 million in capital projects during the first nine months of 2025, focusing on main extensions, software upgrades, and infrastructure improvements [4] - An additional investment of $10.0 million is estimated for 2025, excluding acquisitions, for further main extensions and routine improvements [4]