American Water Works Company, Inc.(NYSE:AWK), a prominent player in the
water utilities sector, has seen a series of significant transactions and updates.
Mitsubishi UFJ Asset Management UK Ltd.,
Vontobel Holding Ltd.,
Swedbank AB, and
IQ EQ FUND MANAGEMENT IRELAND Ltd have substantially increased their holdings in AWK shares. Meanwhile,
Wesbanco Bank Inc. and
Gateway Investment Advisers LLC also bought stock, while
MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH and
Director Martha Goss sold AWK shares. The company reported a
cybersecurity breach, but systems were reactivated after the cyber event. The Californian branch received approval to acquire the
Mesa del Sol Water System. In terms of performance, the company marked its tenth anniversary of
Imagine a Day Without Water and participated in the
fourth Annual Source Water Protection Week. However, there was a deceleration in returns and Mizuho downgraded AWK’s stock rating. Furthermore, AWK's Q2 earnings didn't meet estimates, while sales topped. Looking ahead, American Water will discuss its Q3 2024 earnings and initiate 2025 earnings guidance on October 31, 2024.
American Water Works Company AWK News Analytics from Thu, 11 Jan 2024 08:00:00 GMT to Sat, 19 Oct 2024 15:00:22 GMT -
Rating 3
- Innovation 6
- Information 7
- Rumor 2
