Anne Holloway Purchases 135 Shares of American States Water (NYSE:AWR) Stock

American States Water Company (NYSE:AWR) Director Anne Holloway bought 135 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were acquired at an average cost of $74.59 per share, with a total value of $10,069.65. Following the completion of the transaction, the director owned 39,280 shares of the company’s stock, valued at $2,929,895.20. This represents a 0.34% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

American States Water Trading Up 0.5%

NYSE:AWR opened at $75.89 on Thursday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.22 and a quick ratio of 1.13. The firm has a 50-day moving average of $76.23 and a 200-day moving average of $74.48. The company has a market cap of $2.97 billion, a PE ratio of 22.13, a PEG ratio of 2.94 and a beta of 0.60. American States Water Company has a one year low of $69.45 and a one year high of $81.24.

American States Water (NYSE:AWR) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.01). The business had revenue of $169.19 million for the quarter, compared to the consensus estimate of $157.02 million. American States Water had a return on equity of 13.06% and a net margin of 19.66%.The company’s revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.70 earnings per share. As a group, equities research analysts expect that American States Water Company will post 3.71 EPS for the current fiscal year.

American States Water Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th will be given a dividend of $0.504 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $2.02 annualized dividend and a dividend yield of 2.7%. American States Water’s payout ratio is presently 58.89%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on AWR shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American States Water in a research report on Monday, April 20th. Zacks Research raised shares of American States Water from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, American States Water currently has an average rating of “Buy”.

Institutional Investors Weigh In On American States Water

Institutional investors have recently added to or reduced their stakes in the company. State of Wyoming bought a new stake in American States Water in the 2nd quarter worth about $26,000. Aster Capital Management DIFC Ltd grew its position in American States Water by 610.5% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 540 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 464 shares in the last quarter. IFP Advisors Inc grew its position in American States Water by 113.6% in the 4th quarter. IFP Advisors Inc now owns 549 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 292 shares in the last quarter. Plato Investment Management Ltd bought a new stake in American States Water in the 4th quarter worth about $45,000. Finally, Motiv8 Investments LLC purchased a new position in American States Water in the fourth quarter valued at about $45,000. 75.24% of the stock is owned by institutional investors.

American States Water Company Profile

American States Water Company (NYSE: AWR), founded in 1929 and headquartered in San Dimas, California, is a publicly traded utility holding company. The company operates primarily through two regulated segments—water and electric utilities—and provides non-regulated water system services. Over its history, American States Water has expanded its footprint through strategic acquisitions and organic growth, positioning itself as a reliable provider of essential services in its core territories.

Within its regulated water utility segment, American States Water serves more than 250,000 residential, commercial and industrial customers across 35 communities in six counties of California.