American Water Works
About: American Water Works is the largest investor-owned us water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
Employees: 6,500
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
61% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 69
29% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 9 (+2) [Q3]
25% more call options, than puts
Call options by funds: $40.9M | Put options by funds: $32.6M
9% more capital invested
Capital invested by funds: $22.5B [Q2] → $24.5B (+$2.01B) [Q3]
2% more funds holding
Funds holding: 1,011 [Q2] → 1,036 (+25) [Q3]
1% less repeat investments, than reductions
Existing positions increased: 358 | Existing positions reduced: 360
3.01% less ownership
Funds ownership: 89.45% [Q2] → 86.44% (-3.01%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$129
2%
upside
Avg. target
$142
12%
upside
High target
$155
22%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Wells Fargo Jonathan Reeder 38% 1-year accuracy 5 / 13 met price target | 2%upside $129 | Equal-Weight Upgraded | 7 Jan 2025 |
UBS Gregg Orrill 33% 1-year accuracy 2 / 6 met price target | 22%upside $155 | Buy Upgraded | 19 Nov 2024 |
Financial journalist opinion
Based on 15 articles about AWK published over the past 30 days
Positive
Zacks Investment Research
8 hours ago
Reasons to Add American Water Works to Your Portfolio Now
AWK, with its rising earnings estimates, regular dividends and expansion through organic and inorganic means, offers a nice investment opportunity for investors.
Neutral
Business Wire
3 days ago
American Water Announces State Leadership Changes in Kentucky and West Virginia
CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced that Robert Burton, currently president of West Virginia American Water, has been named president of Kentucky American Water. Burton replaces Kathryn Nash, who is retiring from the company on March 1, 2025. Additionally, Scott Wyman will join American Water as president of West Virginia American Water, effective Jan. 27, 2025. “Essential to our overall str.
Neutral
Business Wire
3 days ago
American Water's 2024 Year-End Conference Call Scheduled for February 20, 2025
CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) announced today that it intends to release its 2024 fourth quarter and year-end financial results after the market closes on Wednesday, February 19, 2025. M. Susan Hardwick, Chief Executive Officer; John Griffith, President; Cheryl Norton, Executive Vice President and Chief Operating Officer; and David Bowler, Executive Vice President and Chief Financial Officer, will host a conference call and webcast with investors,.
Neutral
Business Wire
5 days ago
American Water and Calgon Carbon Finalize Supply Agreement to Support PFAS Treatment in 10 States
CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., and Calgon Carbon Corporation (Calgon Carbon), a wholly owned subsidiary of Kuraray Co., Ltd. (TYO: 3405) (Kuraray), jointly announce the signing of a nine-year exclusive supply contract providing granular activated carbon, equipment and reactivation services to more than 50 American Water sites across 10 states. Calgon Carbon's activated carbon products and service.
Neutral
Business Wire
6 days ago
Treatment Upgrade Completed at Illinois American Water's Plant in Hardin
HARDIN, Ill.--(BUSINESS WIRE)--Major upgrades have been completed at Illinois American Water's water treatment plant in Hardin. A $500,000 investment in the installation of a sodium permanganate chemical feed system was completed last fall. According to Sarah Bowman, Senior Operations Manager, Central Division of Illinois American Water, the groundwater source of water supply in Hardin has high levels of natural iron and manganese. Sodium permanganate has been added to the water treatment strat.
Neutral
Business Wire
6 days ago
Black & Veatch Selected by American Water Works Association to Develop Guidance for “Forever Chemicals” Pilot Testing
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Black & Veatch has been selected by the American Water Works Association (AWWA) to develop nationwide guidance for pilot testing treatment for per- and polyfluoroalkyl substances (PFAS), also known as “forever chemicals.” The resulting PFAS Piloting Guidance document will bring together minimum requirements and provide best practices for water utilities, regulators and engineers to build common understanding within the drinking water community and ultim.
Positive
Benzinga
6 days ago
Top 3 Utilities Stocks That Could Lead To Your Biggest Gains This Month
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Neutral
Business Wire
1 week ago
Las Vegas Valley Water District Selects American Water Resources as Preferred Partner to Provide Homeowners with Affordable Protection for Water Line Repairs
LAS VEGAS--(BUSINESS WIRE)--The Las Vegas Valley Water District (LVVWD) has selected American Water Resources, an Oncourse Company and a leading provider of home protection plans, as a partner to offer optional water line protection services to local homeowners. LVVWD and American Water Resources have worked together to offer homeowners an exceptionally affordable solution to protect against unexpected and costly water line repairs. Available for purchase by homeowners serviced by LVVWD, the pr.
Neutral
Business Wire
1 week ago
California American Water Rings in the New Year with Reminders and Resolutions for Water Services
SAN DIEGO--(BUSINESS WIRE)--California American Water, is here to help you ring in the new year with reminders and resolutions for saving water and money. Reminders – Simplify this new year by signing up for MyWater, the fast and easy way to access and manage your water and/or wastewater account. If you are already enrolled, make sure your contact information is up to date. From the comfort of your home, you can: View and pay your bill Check your account balance Enroll in Auto Pay and Paperless.
Neutral
Business Wire
1 week ago
American Water Rings in the New Year with Reminders and Resolutions for Water Services
CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., is here to help customers and the general public ring in the new year with reminders and resolutions for saving water and money. Reminders: American Water customers can simplify this new year by signing up for MyWater, the fast and easy way to access and manage your water and/or wastewater account. If you are already enrolled, make sure your contact information is u.
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