9 stories mentioning AWKUpdated 16d ago
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American Water Works (AWK) has an average rating of hold and mean price target of $136.30, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $123.88, Change: $-0.59, Percent Change: -0.47%
Essential Utilities' (WTRG) merger with American Water Works (AWK) offers an attractive upside with a 20% total return potential, UBS said in a Friday research report.The company's standalone positives includes a steady credit profile, a low-risk and capital-intensive growth plan, and stable regulatory relations, according to the note.UBS upgraded the stock to buy from neutral and raised its price target to $43 from $41.Price: $36.91, Change: $+0.22, Percent Change: +0.60%
American Water Works (AWK) has an average rating of hold and mean price target of $136.10, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Energy stocks were lower late Wednesday afternoon, with the NYSE Energy Sector Index falling 1.9% and the State Street Energy Select Sector SPDR ETF (XLE) dropping 2.4%.The Philadelphia Oil Service Sector Index shed 0.1%, while the Dow Jones US Utilities Index added 0.5%.Front-month West Texas Intermediate crude oil declined 0.8% to $107.77 a barrel, and the global benchmark Brent crude contract dropped 5.7% to $104.91 a barrel. Henry Hub natural gas futures fell 2.4% to $3.04 per 1 million BTU.US crude oil stocks, including those in the Strategic Petroleum Reserve, declined by 17.8 million barrels in the week ended May 15 following a decrease of 12.9 million barrels in the previous week. Excluding inventories in the SPR, commercial crude oil stocks decreased by 7.9 million barrels after a 4.3-million-barrel decline in the previous week, a larger decline than the 2.5-million-barrel decrease expected in a Bloomberg survey.In corporate news, American Water Works (AWK) shares fell 1.4% after Argus cut the company's price target to $140 from $160, while keeping its buy rating.BP (BP) said Wednesday the United Steelworkers, or USW, Local 7-1 has agreed to the company's request to resume negotiations on Friday over Whiting Refinery. BP shares were down 2%.Shell (SHEL) unit BG International has sold participating interests in three exploration blocks offshore Uruguay to QatarEnergy. Shell shares were shedding 2%.Ecopetrol (EC) said Wednesday it has bought a 49% stake in two of the six projects comprising the Jemeiwaa Ka'I wind cluster in La Guajira, Colombia, for $25.5 million. Ecopetrol shares fell 2.1%.
Energy stocks were lower late Wednesday afternoon, with the NYSE Energy Sector Index falling 1.7% and the State Street Energy Select Sector SPDR ETF (XLE) dropping 2%.The Philadelphia Oil Service Sector Index rose 0.2%, while the Dow Jones US Utilities Index added 0.8%.Front-month West Texas Intermediate crude oil declined 0.8% to $107.77 a barrel, and the global benchmark Brent crude contract dropped 5.7% to $104.91 a barrel. Henry Hub natural gas futures fell 2.2% to $3.05 per 1 million BTU.In corporate news, American Water Works (AWK) shares fell 1.2% after Argus cut the company's price target to $140 from $160, while keeping its buy rating.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target by $1 to $139, 21.2x our 2027 EPS estimate, a discount to AWK's five-year forward average of 25.1x. We keep our 2026 EPS view at $6.09 and lift 2027 EPS by $0.08 to $6.58. The Q1 EPS miss (-7.4%) is the latest in a series of misses, with seven in the last nine quarters coming in below expectations at an average of -3.1%. Our Hold opinion reflects our moderately balanced view of risks and rewards, particularly around the WTRG merger, though regulatory approval in Kentucky provides some relief to transaction uncertainty. We think higher for longer interest rates will pressure valuations. In the FOMC's most recent meeting, three regional presidents backed the hold on rates but rejected the statement's easing bias, which we interpret as a signal that the Fed's next move may not be a rate cut. We think the acceleration of closing expectations (June 30, 2026 vs. August 2026) for the Nexus Water Group Systems will boost 2026 sales, as we now anticipate 7% Y/Y growth.
American Water Works Company (AWK) has an average rating of Hold and mean price target of $139.30, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $127.88, Change: $-0.54, Percent Change: -0.42%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:AWK posted mixed Q1 2026 results, with adjusted EPS of $1.01 vs $1.02 prior year, missing consensus by 7.3%, while operating revenues grew 5.7% to $1.207B due to authorized rate increases and infrastructure surcharges. Operating income rose 5.4% to $391M, despite $44M higher operating expenses from increased production costs and accelerated infrastructure investment programs. The Essential Utilities merger progressed, with first state regulatory approval received in Kentucky, with management expressing encouragement about integration planning. Management maintained 2026 adjusted EPS guidance of $6.02-$6.12 and reiterated long-term EPS and dividend growth targets of 7%-9%. The company has rate cases across five jurisdictions requesting $518M in total annualized revenues and invested $652M in Q1 as part of its $3.7B capital expenditure plan. AWK declared a quarterly dividend of $0.8950 per share, an 8.2% increase, and successfully issued $700M of senior notes due 2036.
American Water Works Raises Quarterly Dividend to $0.8950 a Share, Payable June 2 to Shareholders of Record May 12
