Latest news with #AWK
Yahoo
6 hours ago
- Business
- Yahoo
AWK Makes it to CNBC's All-Weather Stock List
American Water Works Company, Inc. (NYSE:AWK) is one of the best stocks for a retirement stock portfolio. The stock was recently added to CNBC's 'All-Weather Stock List' because of its defensive qualities. Before this, it was also featured in a list by Trivariate Research highlighting the top-performing S&P stocks during the tariff-related market correction from February 18 to April 8. A technician in a deep-water treatment facility, ensuring clean water for public safety. According to the firm, led by former Morgan Stanley chief strategist Adam Parker, American Water Works Company, Inc. (NYSE:AWK) gained over 10% during that period. Parker shared defensive stock ideas as a precaution, even though many of his clients expected the market to continue its upward trend. American Water Works Company, Inc. (NYSE:AWK) likely attracted attention during the correction because its revenue is entirely domestic, making it unaffected by tariffs. In addition, its earnings are seen as stable even in a potential recession. American Water Works Company, Inc. (NYSE:AWK) is a strong dividend stock, having raised its payouts for 17 consecutive years. With a dividend yield of 2.34%, the water utility provides investors with steady income and a buffer against market volatility tied to trade tensions. As seen in April, traders quickly turned to this stock, and would likely do so again in similar conditions. AWK has surged by over 14% since the start of 2025. American Water Works Company, Inc. (NYSE:AWK) stands as the largest regulated provider of water and wastewater services in the US. Founded in 1886, the company serves over 14 million people through its regulated operations across 14 states and 18 military bases, delivering safe, clean, dependable, and affordable water and wastewater solutions. While we acknowledge the potential of AWK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
2 days ago
- Business
- CNBC
Two ultimate defensive stocks to ride out anymore volatility in this already tumultuous year
We are adding two classic defensive plays to our All-Weather Stock List , both tied to industries that can weather any type of economic hiccups: water and tobacco. We launched the All-Weather List in February with the idea that 2025 would be a more volatile year than typical and that's turned out to be the case. Our strategy of hiding out in stocks that can thrive in any kind of economy continues to work even as the S & P 500 has mostly recovered from the April lows reached in the wake of aggressive tariffs from the Trump administration (that were subsequently walked back). Here's a look at the current members and how they are doing: Six of the nine picks are in the green or flat since we added them to the list, with Netflix as the best of the pack, up 14%. None are down more than 5%. While the stock market seems to be assuming most of the stiffest tariffs get walked back and the economy skates through mostly unscathed, there are troubling signs brewing. Most recently, JPMorgan CEO Jamie Dimon warned that key economic readings could start to deteriorate at any moment. So we found two more names for the list to weather any possible economic storm. Reminder, the goal of the All-Weather list is to use our CNBC Pro resources — top analyst research, stock screening tools of the Pros — to identify stocks that can thrive in any type of market. New addition: American Water Works American Water Works (AWK) first caught my eye because it appears on a list generated by Trivariate Research that contained the top performers in the S & P 500 during the tariff correction from Feb. 18 to April 8. AWK gained more than 10% in that stretch, notes the firm run by Adam Parker, formerly the top stock strategist at Morgan Stanley. Parker was sending out defensive ideas as a hedge even though he said many of his clients believe stocks will continue to grind higher. AWK YTD mountain American Water Works (AWK), YTD AWK likely garnered interest during the correction because its revenue is immune to tariffs, being 100% domestic. Not to mention, it also has revenue that would remain stable even if we fell into a recession. The water utility sports a dividend yield of 2.3% so investors get regular income along with a protective put against another tariff flare-up in the market. Traders scrambled to this stock in April and would do so again. New addition: Altria Altria (MO) made a list from UBS equity strategists who were looking for "companies that exhibit safe haven characteristics via high operational quality and low volatility while paying a material dividend." Altria pays a nearly 7% dividend and has a beta of just 0.5%. So this thing pays you a 60% higher yield than a 10-year Treasury and barely budges when the stock market freaks out. The defensive stock also appeared in one of Trivariate's defensive baskets. Parker's firm identified Altria as a stock that works in market downturns, but which also has good price momentum and a cheap valuation relative to its history. MO 5Y mountain Altria, 5 years Altria's stock also has been on a roll the past few years, with some investors likely attracted to some growth from the smokeless tobacco trend. Altria makes the On! nicotine pouches. The shares were up 30% last year and are up 15% this year through Wednesday (excluding the high dividend), lifting the stock to a six-year high. That makes me a bit uneasy, but the 7% dividend should allow you to sleep at night.
Yahoo
22-05-2025
- Business
- Yahoo
California American Water Adds 15 Water Connections Through Mesa Del Sol System Acquisition
On May 21, California American Water, a subsidiary of American Water Works Company Inc. (NYSE:AWK), has completed its acquisition of the Mesa Del Sol water system in the Corral de Tierra area of Salinas. This acquisition adds 15 new water connections to the company's existing base of ~40,000 connections in Monterey County. It was made possible after the physical interconnection of Mesa Del Sol with California American Water's Toro Park system. A technician in a deep-water treatment facility, ensuring clean water for public safety. This move aims to resolve long-standing water quality issues in the Mesa Del Sol area. Spencer Vartanian, Director of Operations for California American Water, stated that the company's experience in providing water service throughout the Monterey Peninsula made them a natural fit for this consolidation. The acquisition will provide Mesa Del Sol residents with access to California American Water's comprehensive services, which include a bilingual website, online billing & payment options, conservation programs, and affordability initiatives. California American Water is the largest regulated water and wastewater utility company in the US that serves over 14 million people in 14 states and on 18 military installations with a history dating back to 1886. This acquisition is part of American Water Works Company Inc.'s (NYSE:AWK) broader strategy of expanding its operations through systematic acquisitions. In 2024, American Water Works completed 13 acquisitions that added 69,500 customers, and a total of 90,000 customers overall that year. American Water Works plans to invest between $40 billion and $42 billion from 2025 to 2034 in infrastructure repairs, replacements, system resiliency, and regulated acquisitions. While we acknowledge the potential of AWK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AWK and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
American Water Works Company (NYSE:AWK) Reports 8% Dividend Increase
American Water Works Company recently reported its first-quarter results and declared an 8% dividend increase, both of which align with robust performance metrics. The company saw a quarterly sales increase to $1,142 million and net income growth to $205 million. These events likely supported the company's 7% stock price rise over the last quarter, further boosted by an optimistic earnings guidance for 2025. Although the broader market rose 4% during the same period, American Water's significant earnings and dividend growth provided additional momentum to its share price performance. Be aware that American Water Works Company is showing 2 warning signs in our investment analysis and 1 of those is concerning. The latest GPUs need a type of rare earth metal called Neodymium and there are only 23 companies in the world exploring or producing it. Find the list for free. The first-quarter results and dividend increase reported by American Water Works Company (NYSE:AWK) may bolster investor confidence, as these developments underline strong financial performance. The 8% boost in dividends aligns with the company's aim for consistent growth, which, together with a 7% rise in share price over the last quarter, indicates positive momentum. However, with a consensus price target of US$142.70 and the current share price at US$149.20, the stock appears modestly overvalued by 4.6% according to analyst projections. Over a five-year period, American Water Works achieved a total shareholder return of 22.23%, reflecting both capital gains and dividends, and demonstrating the company's ability to generate returns. While the company underperformed the broader US market's 11.6% gain in the past year, AWK's earnings growth of 11.7% matched that of the Water Utilities industry. The recent earnings announcement could influence future revenue and earnings projections positively. The company's focus on infrastructure investments and favorable regulatory conditions may support its revenue growth, with earnings expected to climb to US$1.3 billion by 2028. Despite these prospects, the company's forecast price-to-earnings ratio remains higher than the industry's average, suggesting cautious optimism among analysts. Unlock comprehensive insights into our analysis of American Water Works Company stock in this financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:AWK. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
30-04-2025
- Business
- San Francisco Chronicle
American Water Works: Q1 Earnings Snapshot
CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — American Water Works (AWK) on Wednesday reported first-quarter profit of $205 million. On a per-share basis, the Camden, New Jersey-based company said it had net income of $1.05. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share. The water utility posted revenue of $1.14 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.03 billion. American Water Works expects full-year earnings to be $5.65 to $5.75 per share. American Water Works shares have risen 18% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $147.01, an increase of 20% in the last 12 months. _____
