Campbell & CO Investment Adviser LLC Purchases New Shares in American States Water Company $AWR

Campbell & CO Investment Adviser LLC acquired a new stake in American States Water Company (NYSE:AWR) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,310 shares of the utilities provider’s stock, valued at approximately $756,000.

Several other large investors also recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of American States Water in the second quarter valued at $37,846,000. Assenagon Asset Management S.A. grew its holdings in American States Water by 436.7% during the 3rd quarter. Assenagon Asset Management S.A. now owns 145,037 shares of the utilities provider’s stock worth $10,634,000 after acquiring an additional 118,011 shares during the last quarter. Jane Street Group LLC increased its position in American States Water by 2,606.4% in the 1st quarter. Jane Street Group LLC now owns 89,717 shares of the utilities provider’s stock valued at $7,059,000 after acquiring an additional 86,402 shares in the last quarter. AQR Capital Management LLC increased its position in American States Water by 323.4% in the 2nd quarter. AQR Capital Management LLC now owns 48,056 shares of the utilities provider’s stock valued at $3,684,000 after acquiring an additional 36,707 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of American States Water by 6.8% in the second quarter. Legal & General Group Plc now owns 444,512 shares of the utilities provider’s stock worth $34,076,000 after acquiring an additional 28,241 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of American States Water in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, American States Water presently has a consensus rating of “Reduce” and a consensus price target of $77.50.

American States Water Trading Down 1.4%

AWR opened at $74.89 on Wednesday. The firm has a 50 day simple moving average of $73.48 and a 200 day simple moving average of $73.93. American States Water Company has a fifty-two week low of $69.45 and a fifty-two week high of $82.94. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 22.16, a price-to-earnings-growth ratio of 3.85 and a beta of 0.69. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.27 and a quick ratio of 1.18.

American States Water (NYSE:AWR) last announced its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.05. The firm had revenue of $182.72 million for the quarter, compared to analysts’ expectations of $178.79 million. American States Water had a net margin of 20.43% and a return on equity of 13.26%. The business’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period last year, the firm earned $0.95 earnings per share. On average, sell-side analysts anticipate that American States Water Company will post 3.34 earnings per share for the current year.

American States Water Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Friday, November 14th were issued a $0.504 dividend. This represents a $2.02 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, November 14th. American States Water’s dividend payout ratio is currently 59.76%.

Insiders Place Their Bets

In other American States Water news, Director Anne M. Holloway sold 528 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $75.90, for a total transaction of $40,075.20. Following the transaction, the director owned 39,145 shares in the company, valued at approximately $2,971,105.50. This trade represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.83% of the company’s stock.

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.