American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 16 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, such as food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides various warranty protection programs to residential customers; and water and wastewater services on various military installations. In addition, the company undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. It operates approximately 79 surface water treatment plants; 530 groundwater treatment plants; 150 wastewater treatment plants; 53,200 miles of transmission, distribution, and collection mains and pipes; 1,100 groundwater wells; 1,600 water and wastewater pumping stations; 1,300 treated water storage facilities; and 75 dams. The company serves approximately 15 million people with drinking water, wastewater, and other water-related services in 46 states. The company was founded in 1886 and is headquartered in Camden, New Jersey.
IPO Year: 2008
Exchange: NYSE
Website: amwater.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/7/2025 | $133.00 → $129.00 | Underweight → Equal Weight | Wells Fargo |
| 11/19/2024 | $151.00 → $155.00 | Neutral → Buy | UBS |
| 10/15/2024 | $131.00 → $140.00 | Outperform → Neutral | Mizuho |
| 10/7/2024 | $124.00 | Underperform | Jefferies |
| 9/20/2024 | $140.00 | Underperform | BofA Securities |
| 7/31/2024 | $127.00 → $138.00 | Equal Weight → Underweight | Wells Fargo |
| 2/16/2024 | $160.00 → $135.00 | Outperform → In-line | Evercore ISI |
| 10/3/2023 | $134.00 | Buy | Mizuho |
| 10/20/2022 | $140.00 | Underweight → Equal Weight | Wells Fargo |
| 9/9/2022 | $162.00 → $165.00 | Underweight → Neutral | JP Morgan |
8-K - American Water Works Company, Inc. (0001410636) (Filer)
S-3ASR - American Water Works Company, Inc. (0001410636) (Filer)
8-K - American Water Works Company, Inc. (0001410636) (Filer)
FWP - American Water Works Company, Inc. (0001410636) (Filed by)
8-K - American Water Works Company, Inc. (0001410636) (Filer)
8-K - American Water Works Company, Inc. (0001410636) (Filer)
10-K - American Water Works Company, Inc. (0001410636) (Filer)
SCHEDULE 13G - American Water Works Company, Inc. (0001410636) (Subject)
8-K - American Water Works Company, Inc. (0001410636) (Filer)
8-K - American Water Works Company, Inc. (0001410636) (Filer)
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SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
SC 13G/A - American Water Works Company, Inc. (0001410636) (Subject)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
Wells Fargo upgraded American Water Works from Underweight to Equal Weight and set a new price target of $129.00 from $133.00 previously
UBS upgraded American Water Works from Neutral to Buy and set a new price target of $155.00 from $151.00 previously
Mizuho downgraded American Water Works from Outperform to Neutral and set a new price target of $140.00 from $131.00 previously
Jefferies initiated coverage of American Water Works with a rating of Underperform and set a new price target of $124.00
BofA Securities resumed coverage of American Water Works with a rating of Underperform and set a new price target of $140.00
Wells Fargo downgraded American Water Works from Equal Weight to Underweight and set a new price target of $138.00 from $127.00 previously
Evercore ISI downgraded American Water Works from Outperform to In-line and set a new price target of $135.00 from $160.00 previously
Mizuho initiated coverage of American Water Works with a rating of Buy and set a new price target of $134.00
Wells Fargo upgraded American Water Works from Underweight to Equal Weight and set a new price target of $140.00
JP Morgan upgraded American Water Works from Underweight to Neutral and set a new price target of $165.00 from $162.00 previously
4/A - American Water Works Company, Inc. (0001410636) (Issuer)
4 - American Water Works Company, Inc. (0001410636) (Issuer)
The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it is providing a $10,000 grant to the American Red Cross to support communities impacted by heavy rains and flash floods in Kentucky. "Kentucky American Water, in collaboration with the American Water Charitable Foundation, is pleased to join the ongoing efforts in Eastern Kentucky to support families and communities impacted by the devastating floods," said Robert Burton, president, Kentucky American Water. "We understand how critical safe, clean drinking water is in our dai
California American Water is proud to announce that Kevin Tilden, President of the company, has been elected to the California Chamber of Commerce (CalChamber) Executive Committee. This prestigious appointment recognizes Tilden's leadership in the water industry and his commitment to fostering a strong and thriving business environment in California. CalChamber is a leading voice for businesses across the state, advocating for policies that promote economic growth and job creation. As a member of the Executive Committee, Tilden will join a distinguished group of executives representing diverse industries, working together to address critical issues facing California's business community.
Pennsylvania American Water, a subsidiary of American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., is proud to join the water industry in celebrating the 50th anniversary of the Safe Drinking Water Act (SDWA), the landmark law that has safeguarded public health by protecting drinking water quality since its passage on December 16, 1974. "We know that at the end of every water pipe, there's a family depending on us to provide this essential service safely and reliably. We take water quality very seriously and our customers' safety is our number one priority. When it comes to complying with strict federal regulations for delivering safe, quality
American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., is proud to join the water industry in celebrating the 50th anniversary of the Safe Drinking Water Act (SDWA), the landmark law that has safeguarded public health by protecting drinking water quality since its passage on December 16, 1974. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241216801881/en/ "Today we reflect on 50 years of the Safe Drinking Water Act and are reminded of its profound impact on the nation's public drinking water supply," said M. Susan Hardwick, Chief Executive Officer, American Water. "From scientists to
Foundation donates $15,000 to support military and veteran families The American Water Charitable Foundation, a 501(c)(3) organization established by American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., and American Water's Military Services Group, announced today that the Foundation awarded a $15,000 State Strategic Impact grant to the American Red Cross, Service to the Armed Forces Giving Program, in support of military members, veterans and families as they prepare for and respond to the challenges of military service. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107590571/en
American Water Works Company, Inc. (NYSE:AWK) announced today that Stuart M. McGuigan has been appointed as an independent member of the company's board of directors, effective Oct. 29, 2024. "American Water is pleased to have Stuart join our board of directors," said Karl Kurz, Board Chair of American Water. "Stuart has more than 38 years of extensive experience in information technology and management including serving as the Chief Information Officer for national and global public companies, as well as a government agency. He will further strengthen our board, and we look forward to working with him." "We are honored to have Stuart become part of American Water's board," said M. Susan
American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it is seeking talented and dedicated professionals to join its team. These nationwide employment opportunities reflect American Water's commitment to providing clean, safe, reliable and affordable water and wastewater services to communities across the country. Positions cover various areas, including: Operations Engineering Environmental and Safety Information Technology "At American Water, we are committed to building a workforce that reflects the diverse communities we serve. By joining our team, you will have the chance to make a meaningful impact on these co
American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., announced today that for the fourth consecutive year, American Water volunteers will install 2,977 American flags, to commemorate all the lives lost during the tragic attacks on September 11, 2001. The flags will be placed on the RCA Pier Park, adjacent to the American Water headquarters in Camden, N.J. Among those invited to join volunteers in the installation will include company executives, Camden city officials as well as first responders. The flags will remain on display for approximately one week. After which they will be donated to Camden County Veteran Affairs, where the flags will b
Edward Vallejo joins New York Office InspIR Group ("InspIR"), the leading cross-border strategic investor relations and Sustainability consultancy, today announced that Ed Vallejo will join InspIR as Managing Director, effective September 16, 2024. Ed will further strengthen the firm's senior advisory capability in the U.S. and across the emerging markets. Ed is a highly seasoned IR leader who brings more than two decades of experience as a senior financial and operational executive, including extensive work in financial strategy, planning and modeling, and Sustainability. He held a number of senior executive roles throughout his 15 year tenure at American Water Works (NYSE:AWK) today a
California American Water today announced the appointment of Spencer Vartanian as Director of Operations for its Central Coast Division. In this role, Vartanian will oversee all aspects of the company's operations in the Monterey Peninsula area, helping ensure the delivery of high-quality, sustainable water solutions to the community. "We are thrilled to welcome Spencer to our team," said Garry Hofer, Vice President of Operations at California American Water. "He brings a wealth of experience in water system operations management, safety, hydrogeology studies, and environmental stewardship – all areas critical to our success in Monterey." Vartanian joins California American Water with o
American Water Works Company, Inc. (NYSE:AWK) announced today that it intends to release its 2024 fourth quarter and year-end financial results after the market closes on Wednesday, February 19, 2025. M. Susan Hardwick, Chief Executive Officer; John Griffith, President; Cheryl Norton, Executive Vice President and Chief Operating Officer; and David Bowler, Executive Vice President and Chief Financial Officer, will host a conference call and webcast with investors, analysts and other interested parties on Thursday, February 20, 2025, at 9 a.m. Eastern Standard Time. The call will include a discussion of 2024 fourth quarter and full year results. There will be a question-and-answer session a
Cash dividend payable in the first quarter of 2025 American Water Works Company, Inc. (NYSE:AWK) announced that its board of directors today declared a quarterly cash dividend payment of $0.7650 per share of common stock, payable on March 4, 2025, to all shareholders of record as of February 7, 2025. This quarterly dividend is a continuation of the increase in the annualized dividend approved by the Board and announced on May 1, 2024. American Water offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct (the "Plan"), which enables shareholders to reinvest cash dividends and purchase additional shares of American Water common stock without any
Pennsylvania American Water, a subsidiary of American Water (NYSE:AWK), announced today that it has completed the acquisition of the wastewater collection system assets of Sadsbury Township, Lancaster County. The newly acquired collection system currently serves approximately 250 customer connections. "Pennsylvania American Water couldn't be more pleased to welcome the residents of Sadsbury Township as new wastewater customers," said Pennsylvania American Water President Justin Ladner. "We look forward to providing this community with safe, reliable service by delivering on our technical expertise and extensive wastewater experience." Over the next six years, Pennsylvania American Water p
Acquisition Adds 4,300 New Wastewater Customers New Jersey American Water today completed its acquisition of the wastewater collection system of the Borough of Manville, N.J. for $6.5 million. This municipally owned system serves approximately 4,300 customers, most of whom already receive water service from New Jersey American Water. On September 24, 2024, the New Jersey Board of Public Utilities approved the municipal consent allowing New Jersey American Water to provide wastewater service to Manville customers as of the closing of the transaction. "Having served Manville for many years as its water provider, we are honored and proud to now extend our wastewater services to residents," s
Third quarter 2024 earnings were $1.80 per share, compared to $1.66 per share in 2023; year-to-date 2024 earnings were $4.17 per share, compared to $4.03 per share in 2023 Year-to-date 2024 and 2023 comparative results reflect a net unfavorable weather impact of an estimated $0.04 per share; no weather impact quarter over quarter 2024 weather-normalized earnings per share guidance range of $5.25 to $5.30 affirmed; includes $0.10 per share of incremental interest income from the Homeowner Services Group (HOS) seller note that was amended in early 2024 2024 earnings per share guidance range of $5.15 to $5.20, excluding the $0.10 per share of incremental interest income from the amend
Cash dividend payable in the fourth quarter of 2024 American Water Works Company, Inc. (NYSE:AWK) announced that its board of directors today declared a quarterly cash dividend payment of $0.7650 per share of common stock, payable on December 3, 2024, to all shareholders of record as of November 12, 2024. This quarterly dividend is a continuation of the increase in the annualized dividend approved by the Board and announced on May 1, 2024. American Water offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct (the "Plan"), which enables shareholders to reinvest cash dividends and purchase additional shares of American Water common stock without an
American Water Works Company, Inc. (NYSE:AWK) announced today that it intends to release its 2024 third quarter financial results, 2025 earnings guidance and long-term financial targets after the market closes on Wednesday, October 30, 2024. Susan Hardwick, Chief Executive Officer; John Griffith, President; Cheryl Norton, Executive Vice President and Chief Operating Officer; and David Bowler, Executive Vice President and Chief Financial Officer, will host a conference call and webcast with investors, analysts and other interested parties on Thursday, October 31, 2024, at 9 a.m. Eastern Daylight Time. The call will include a discussion of third quarter 2024 results, initiation of 2025 guida
Second quarter 2024 earnings were $1.42 per share, compared to $1.44 per share in 2023; year-to-date 2024 earnings were $2.37 per share, compared to $2.37 per share in 2023 Quarter and year-to-date 2023 and 2024 comparative results reflect a net unfavorable weather impact of an estimated $0.04 per share 2024 earnings per share guidance range is narrowed to $5.25 to $5.30 from $5.20 to $5.30, on a weather-normalized basis, including the estimated $0.10 per share of increased interest income as discussed last quarter, as a result of lower than expected declines in customer usage; long-term targets affirmed 2024 capital investment plan of $3.1 billion on track; approx. 43,000 custo
Cash dividend payable in the third quarter of 2024 American Water Works Company, Inc. (NYSE:AWK) announced today that its board of directors declared a quarterly cash dividend payment of $0.7650 per share of common stock, payable on September 4, 2024, to all shareholders of record as of August 13, 2024. This quarterly dividend is a continuation of the increase in the annualized dividend approved by the Board and announced on May 1, 2024. American Water offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct (the "Plan"), which enables shareholders to reinvest cash dividends and purchase additional shares of American Water common stock without a
American Water Works Company, Inc. (NYSE:AWK) announced today that it intends to release its 2024 second quarter financial results after the market closes on Wednesday, July 31, 2024. Susan Hardwick, President and Chief Executive Officer; Cheryl Norton, Executive Vice President and Chief Operating Officer; and John Griffith, Executive Vice President and Chief Financial Officer, will host a conference call and webcast with investors, analysts and other interested parties on Thursday, August 1, 2024, at 9 a.m. Eastern Daylight Time. There will be a question-and-answer session as part of the call. Interested parties may listen to an audio webcast of the conference call through a link on th
Proactive capital investments are crucial to maintaining service reliability, water quality and flow for fire protection Pennsylvania American Water announced today that its 2024 full-year investment total for system improvements came in at more than $675 million throughout its statewide service areas serving 37 counties and 418 communities. Of that total, over $92 million was invested in the company's wastewater systems and $583 million in its water systems. "At Pennsylvania American Water, we take pride in continuously maintaining and upgrading the infrastructure that helps keep life flowing for our customers," said Justin Ladner, the company's president. "To provide high-quality, relia
American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., highlights how customers can easily manage their account and locate information at any time of the day, by using its online self-service customer portal, MyWater, and the company website. "Customers are the center of everything we do. At American Water, we are committed to providing safe, clean, reliable and affordable water and wastewater services to our customers, as well as helping to ensure they can easily access information about their services," said Matthew Prine, Vice President, Chief Customer Officer, American Water. "By offering customer service and information through our digital t
California American Water shares how customers can easily manage their account and locate information at any time of the day, by using its online self-service customer portal, MyWater, and the company website. "Customers are the center of everything we do," said California American Water's Vice President of Operations Garry Hofer. "As part of that mission, we want to make their interactions with us as effortless and efficient as possible. By providing customer service and information through our online tools, we enable our customers to do business when they want to, not just during regular business hours." Here are some ways to easily access information using these digital tools: Manage
New Jersey American Water to Invest $50 Million in First 10 Years New Jersey American Water announced today it signed an agreement to acquire the water system in South Orange Village for $19.7 million. This announcement follows a referendum vote in November of 2024 in which 62% of South Orange voters approved the sale of the system. The South Orange water system serves approximately 5,000 customer connections. "On behalf of New Jersey American Water, I want to thank the residents of South Orange for entrusting us with their water system," said New Jersey American Water President Mark McDonough. "Through existing operations and maintenance and bulk water contracts, we have been serving Sou
The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it is providing a $10,000 grant to the American Red Cross to support communities impacted by heavy rains and flash floods in Kentucky. "Kentucky American Water, in collaboration with the American Water Charitable Foundation, is pleased to join the ongoing efforts in Eastern Kentucky to support families and communities impacted by the devastating floods," said Robert Burton, president, Kentucky American Water. "We understand how critical safe, clean drinking water is in our dai
Increase Driven by $110 Million in Infrastructure Investments The Virginia State Corporation Commission (SCC) has approved a settlement for new water and wastewater rates for Virginia American Water. The approved rates represent a total annualized revenue increase of approximately $14.6 million. The company's rate request was filed on November 1, 2023, and was primarily driven by more than $110 million in infrastructure investment in treatment system and distribution upgrades since its last rate filing. "We are committed to making the necessary investments to continue to provide the high-quality service our customers expect and deserve and ensuring compliance with state and federal re
Illinois American Water announced today its 2024 end-of-year investment total for system improvements. More than $277 million was invested to fund critical system upgrades and improvement projects across the company's service areas throughout the year. Since 2013, Illinois American Water has invested an estimated $2 billion in water and wastewater infrastructure to address aging infrastructure, overall safety and to meet stringent regulatory standards. "We continue to proactively and strategically invest in our water and wastewater infrastructure to continue providing safe, clean, reliable water services to our customers," said Rebecca Losli, President of Illinois American Water. "The cap
California American Water announced the completion of a $560,000 water storage tank rehabilitation project in Monterey. This investment in critical infrastructure, a tank with 80,000-gallon capacity, will help ensure continued safe, clean and reliable water service for customers and communities. The Aguajito Tank project included extensive improvements to enhance its long-term performance and resilience. These upgrades included interior and exterior coating to prevent corrosion and leaks, minimizing potential service interruptions. A new ladder and handrails were installed to ensure safe access for crews performing routine maintenance and inspections. Piping modifications were made to mee
American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., provides customers with five payment options to choose from and convenient services to help pay their water bill. Payment options: Pay Automatically – Save time and postage by enrolling in our Auto Pay program and your bill will be paid on time, every time. To enroll, log on to our online customer portal, MyWater. A $1.95 fee for online transactions may apply. Online – Visit amwater.com/billpay. Have your account number handy, as you will need it to pay your bill. A $1.95 fee for online transactions may apply. By Mail – Send a check or money order along with payment stub to the addr
American Water (NYSE:AWK), the largest regulated water and wastewater utility company in the U.S., announced today that Denise Venuti Free, formerly Senior Director of Communications and External Affairs for New Jersey American Water, has been appointed Vice President of External Communications. Reporting to Maureen Duffy, Executive Vice President, Communications and External Affairs, Venuti Free will lead the company's Communications and External Affairs team and overarching communications strategy in the U.S. water industry. Michael Chirico and Megan Hannah have been named to national leadership roles that will drive policymaker and regulatory engagement strategy across the company's foot