AWR American States Water Company

American States Water (AWR) is highlighted as a strong investment due to its growing customer base, diversified business model, and consistent financial performance. The article points to AWR's positive earnings outlook, consistent dividend payments, significant investment plans for infrastructure, and a favorable debt structure, all contributing to its Zacks Rank #2 (Buy) rating. Additionally, the declining interest rates are expected to further boost the company's margins.

Squarepoint Ops LLC significantly reduced its stake in American States Water Company (NYSE:AWR) by 63.4% in the second quarter, selling over 23,000 shares. This comes as American States Water exceeded quarterly earnings expectations with $1.06 EPS and $182.72 million in revenue, representing a 12.9% year-over-year increase. Despite the strong performance and a quarterly dividend of $0.504, analysts maintain a "Reduce" rating for the stock with an average target price of $77.50.

Shareholders of American States Water Company (NYSE:AWR) who invested three years ago are currently seeing a 20% loss, underperforming the broader market significantly. Despite this, the company has shown positive EPS growth of 16% annually and revenue growth of 6.8% over the same period. When considering total shareholder return (TSR), which includes dividends, the loss is reduced to 14%, indicating that dividends have cushioned some of the share price decline.

American States Water Company (NYSE:AWR) shareholders have experienced a 20% share price drop over the past three years, underperforming the market. Despite this, the company grew its EPS by 16% annually and revenue by 6.8% annually during the same period. While dividends helped mitigate losses, even with them, shareholders are still down 14% over three years and 9.2% for the current year.

Amundi reduced its stake in American States Water Company by 17.3% in the second quarter, selling 42,427 shares and now owning 202,800 shares worth $15.7 million. Other institutional investors like Geode Capital Management LLC and Invesco Ltd. also adjusted their holdings. American States Water reported strong Q3 earnings, beating analyst estimates, and announced a quarterly dividend of $0.504 per share.

Norges Bank has made a significant new investment in American States Water Company (NYSE:AWR), purchasing 493,688 shares valued at approximately $37.85 million. This investment represents about 1.28% ownership of the utility provider. American States Water recently reported strong earnings, beating EPS estimates, and pays an annual dividend of $2.02, reflecting a 2.8% yield.