American Water Works Company (NYSE:AWK) appears to have a promising three-year underlying earnings growth. However, there remains dissatisfaction among the shareholders due to red figures during this period. Several new stakes have been noted, with Merit Financial Group LLC purchasing 3367 shares and Lantz Financial LLC buying new stock. On the downside, Crossmark Global Holdings Inc., Mitsubishi UFJ Asset Management UK Ltd., and Covea Finance have all sold shares. There have been a few company movements, with Missouri American Water recognizing State Strategic Impact Grantees and Tennessee American Water announcing a minimal rate adjustment. The company has secured $19.3M for essential infrastructure upgrades in Pennsylvania. Q4 2024 earnings are expected to be released in a conference call scheduled for February 20, 2025. Upcoming dividends have also been announced. Wells Fargo & Company have upgraded the AWK rating to 'Equal Weight'. However, concerns arise around the company's rates of return and its use of debt. A significant breach in the system was recently reported due to a cyberattack. Lastly, advisory tips regarding customer-oriented water services have been shared.
American Water Works Company AWK News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 25 Jan 2025 16:09:53 GMT -
Rating 3
- Innovation 0
- Information 5
- Rumor -1
