American Water Works Company, Inc. (AWK) has been experiencing a significant fluctuation of events. The company recently fell victim to a
cybersecurity incident, which lead to systems deactivation and later reactivation. Despite this, there are reports of
increased holdings by key figures such as Covea Finance, Country Trust Bank, Clearbridge Investments, and Northwestern Mutual Wealth Management, demonstrating sustained market interest. On the downside, Boston Common Asset Management and Cetera Investment Advisers have
lowered stakes in AWK. AWK's
return on capital has hit the breaks, a concern for investors. Notably, AWK's
share performance has been inconsistent, outperforming the competitors on some days and underperforming the market on others. The
intrinsic value of AWK is also under debate.
Earnings growth over the past three years has not translated into gains for shareholders while the company’s dividend is set to increase to $0.765. Potential
insider trading activity was also reported with Director Martha Goss selling shares. AWK received regulatory approval for its
acquisition of Severn Water Company and is expected to release its third quarter 2024 earnings and 2025 earnings guidance this October.
American Water Works Company AWK News Analytics from Thu, 11 Jan 2024 08:00:00 GMT to Sat, 12 Oct 2024 15:17:17 GMT -
Rating -5
- Innovation -2
- Information 8
- Rumor 2
