American Water Works Company (NYSE:AWK) garnered remarkable
investors' attention, marking a
25% gain over the past year, and
Clearbridge Investments LLC has increased its stock position. Recent movements suggest solid reasons to add AWK to one's portfolio, given an
improvement in price strength and insightful P/E ratio. Additionally, it was announced that AWK is due to discuss its
third quarter 2024 earnings and initiate 2025 earnings guidance.
Maryland American Water also recently received approval for the acquisition of
Severn Water Company. Institutional owners seemingly favor AWK, holding a significant 89% of the company. Despite some risks associated with its use of debt, investors are bullish with insiders recently purchasing USD 500.8k of stock. Analyst expectation reveals that while AWK underperformed the Nasdaq, it's stock is considered a solid long-term investment with stable returns and is seen by some as attractively valued.
American Water Works Company AWK News Analytics from Thu, 11 Jan 2024 08:00:00 GMT to Fri, 04 Oct 2024 17:05:48 GMT -
Rating 7
- Innovation -2
- Information 7
- Rumor -5
