American Water Works Company, Inc.(NYSE:AWK) shares have seen variable trading activity. Both
CIBC World Markets Corp and Partners Group Holding AG have procured shares, while others like
Tower Research Capital LLC TRC and CIBC Private Wealth Group reduced their stock positions.
Insiders have exhibited bullish behavior, purchasing US$500.8k of stock, despite the recent underperformance compared to competitors.
Rafferty Asset Management and
NEOS Investment Management also bought shares.
The company announced a dividend increase to $0.765. Despite some performance issues,
American Water Works' stock has still outperformed some rivals. Challenging profitability for investors over the past three years is not reflecting on analyst estimates, predicting AWK's FY2026 EPS at $6.08. Additional outcomes are a meaningful debt burden, expected
2024 earnings underperformance, revenue surpassing estimates by 5.1%, and a rise in 2024 EPS guidance. Views regarding the recent performance, a return rate and valuation differ, concluding that shares might have risen steeply. AWK's stock continues to attract several portfolio managers, while the newly named EVP and General Counsel, Stacy Mitchell, strengthens its executive team.
American Water Works Company AWK News Analytics from Fri, 01 Dec 2023 08:00:00 GMT to Sun, 09 Jun 2024 14:29:02 GMT -
Rating 5
- Innovation 2
- Information 6
- Rumor -4
