8-K ·Filed Feb 24, 2026

MSEX

MIDDLESEX WATER CO
NEUTRAL
Impact 3/10
Horizondays Processed7mo ago SEC0001628280-26-011115
8-K Item 1.01 + 5.02 (likely routine officer/director compensation agreement)
Actionable Insight • Neutral

Monitor for future ATM share issuances under the updated agent structure, but expect no immediate financial impact as program terms remain unchanged.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
MSEX ▼ -6.13% at T+60d
NEUTRAL call ✗ call lost -6.13% · α vs SPY -13.09% · entry $54.61 → $51.26
Entry anchored
Feb 24, 03:59 PM ET
via exchange tick
T+1d
-1.68%
call -1.68% · α -1.14%
$53.69
settled 7mo ago
T+5d
+1.54%
call +1.54% · α +2.64%
$55.45
settled 7mo ago
T+20d
-6.41%
call -6.41% · α -1.17%
$51.11
settled 6mo ago
T+60d
-6.13%
call -6.13% · α -13.09%
$51.26
settled 5mo ago

Price Chart

Loading chart...

Executive Summary

Middlesex Water Company amended its ATM equity offering sales agreement to replace Janney Montgomery Scott LLC with Huntington Securities, Inc. as a sales agent. The $110 million at-the-market offering program remains unchanged in all other respects.

Key Financial Metrics

Deal Type
other

Key Facts

  • Middlesex Water amended its ATM equity offering sales agreement on February 20, 2026
  • Janney Montgomery Scott ceased to act as sales agent
  • Huntington Securities was added as a new sales agent
  • The maximum aggregate offering amount remains $110,000,000
  • Terms of the offering including manner of sale and commissions were not modified
  • Prospectus supplement was updated to reflect the agent change

Financial Impact

No change to financial terms — maximum offering remains $110 million

equity_dilutioncapital_structure

Risk Factors

  • Potential for increased share dilution if the company draws significantly from the $110M ATM facility
  • Market perception of equity issuance as dilutive despite unchanged program terms

Market Snapshot

Exchange
Nasdaq

Investment Themes

Traditional Energy

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001628280-26-011115
Document: msex-amendmenttoatmsalesag.htm0001628280-26-011115
Document: 0001628280-26-011115-index-headers.html0001628280-26-011115
Document: 0001628280-26-011115-index.html0001628280-26-011115
Document: 0001628280-26-011115.txt0001628280-26-011115
11 reports for MSEX
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+20▲ +2.08%Jul 30, 2026
Filters
Rows
Reports for MSEX — sortable, filterable
TypeNow
Jul 30, 2026
9w ago
Press Release
BULLISH ★ 5/10
$57.30 $58.49▲ +2.08%▼ −0.91%$53.45 (−6.72%)
Jul 30, 2026
9w ago
8-K
BULLISH ★ 5/10
$57.30 $58.49▲ +2.08%▼ −0.91%$53.45 (−6.72%)
Apr 30, 2026
22w ago
Press Release
BEARISH ★ 6/10
$50.58 $51.78▼ −2.38%▲ +2.89%$53.45 (−5.68%)
Apr 24, 2026
22w ago
Press Release
NEUTRAL ★ 2/10
$53.18 $52.08▼ −2.07%▼ −7.02%$53.45 (+0.51%)
Apr 16, 2026
24w ago
Press Release
NEUTRAL ★ 3/10
$51.31 $51.92▲ +1.19%▼ −4.18%$53.45 (+4.17%)
Mar 26, 2026
27w ago
Press Release
NEUTRAL ★ 3/10
$51.80 $53.18▲ +2.66%▼ −10.08%$53.45 (+3.19%)
Feb 25, 2026
31w ago
Insider Cluster
NEUTRAL ★ 3/10
$54.61 $51.11▼ −6.41%▼ −1.17%$53.45 (−2.12%)
Feb 25, 2026
31w ago
Insider Cluster
NEUTRAL ★ 3/10
$54.61 $51.11▼ −6.41%▼ −1.17%$53.45 (−2.12%)
Feb 25, 2026
31w ago
Insider Cluster
NEUTRAL ★ 4/10
$54.61 $51.11▼ −6.41%▼ −1.17%$53.45 (−2.12%)
Feb 25, 2026
31w ago
Insider Cluster
NEUTRAL ★ 4/10
$54.61 $51.11▼ −6.41%▼ −1.17%$53.45 (−2.12%)
Showing 10 of 11

US Market Status

Market Open — Closes in 47m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access