10,901 Shares in American States Water Company $AWR Acquired by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co bought a new position in American States Water Company (NYSE:AWR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,901 shares of the utilities provider’s stock, valued at approximately $799,000.

Several other institutional investors also recently bought and sold shares of the business. State of Wyoming acquired a new stake in shares of American States Water during the second quarter worth $26,000. Aster Capital Management DIFC Ltd lifted its position in American States Water by 610.5% during the third quarter. Aster Capital Management DIFC Ltd now owns 540 shares of the utilities provider’s stock worth $40,000 after buying an additional 464 shares during the period. EverSource Wealth Advisors LLC boosted its stake in American States Water by 337.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 721 shares of the utilities provider’s stock worth $55,000 after buying an additional 556 shares during the last quarter. Strs Ohio purchased a new stake in American States Water in the 1st quarter valued at about $87,000. Finally, Hantz Financial Services Inc. increased its stake in shares of American States Water by 14,025.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,130 shares of the utilities provider’s stock valued at $83,000 after acquiring an additional 1,122 shares during the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of American States Water in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $84.00.

American States Water Price Performance

AWR stock opened at $75.35 on Friday. The stock has a 50-day moving average price of $73.52 and a two-hundred day moving average price of $73.54. The company has a market cap of $2.94 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 3.72 and a beta of 0.69. The company has a current ratio of 1.32, a quick ratio of 1.23 and a debt-to-equity ratio of 0.88. American States Water Company has a 12-month low of $69.45 and a 12-month high of $82.94.

American States Water (NYSE:AWR) last released its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.06. The business had revenue of $164.28 million for the quarter, compared to analyst estimates of $168.82 million. American States Water had a return on equity of 13.10% and a net margin of 19.82%. As a group, research analysts predict that American States Water Company will post 3.34 EPS for the current year.

American States Water Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, February 23rd were given a $0.504 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $2.02 annualized dividend and a dividend yield of 2.7%. American States Water’s dividend payout ratio is presently 59.94%.

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.