American Water Works Company, Inc. (AWK) has been the subject of varying degree of transactions and opinions from both individual and institutional investors recently. Notably, O Shaughnessy Asset Management, Meeder Advisory Services, and Oppenheimer & Co. all decreased their shares in the water utility company. On the opposite end, Magnetar Financial, Bessemer Group, and Empowered Funds increased their stake. Signals from the financial market about AWK's performance are mixed too, with some days outperforming competitors while underperforming on others. Significant financial news includes the announced dividend increase to $0.765, expectations of earnings growth, and planned investments in multiple water projects worth millions of dollars. Additionally, there has been divestment from Illinois Municipal Retirement Fund and Mitsubshi UFJ Trust & Banking, whereas Vanguard Group and Seven Eight Capital purchased more stocks. The first quarter earnings for AWK missed estimates, but the revenues surpassed Wall Street's predictions. Interestingly, AWK has been lauded as a reliable dividend stock and has been praised for its commitments towards diversity.
American Water Works Company AWK News Analytics from Mon, 06 Nov 2023 08:00:00 GMT to Sun, 28 Jul 2024 20:42:55 GMT -
Rating 5
- Innovation 0
- Information 2
- Rumor 1
