Campbell & CO Investment Adviser LLC Makes New $756,000 Investment in American States Water Company $AWR

Campbell & CO Investment Adviser LLC purchased a new position in shares of American States Water Company (NYSE:AWR) during the third quarter, HoldingsChannel reports. The fund purchased 10,310 shares of the utilities provider’s stock, valued at approximately $756,000.

A number of other large investors have also made changes to their positions in AWR. First Citizens Bank & Trust Co. bought a new position in American States Water in the second quarter valued at approximately $292,000. Yousif Capital Management LLC lifted its holdings in shares of American States Water by 2.8% in the second quarter. Yousif Capital Management LLC now owns 14,348 shares of the utilities provider’s stock valued at $1,100,000 after purchasing an additional 393 shares in the last quarter. Atria Investments Inc bought a new stake in shares of American States Water in the second quarter valued at about $298,000. Norges Bank acquired a new position in shares of American States Water during the second quarter worth about $37,846,000. Finally, Allianz Asset Management GmbH grew its holdings in shares of American States Water by 18.0% during the second quarter. Allianz Asset Management GmbH now owns 44,278 shares of the utilities provider’s stock worth $3,394,000 after buying an additional 6,751 shares in the last quarter. Institutional investors own 75.24% of the company’s stock.

American States Water Trading Down 1.4%

American States Water stock opened at $74.89 on Wednesday. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 22.16, a P/E/G ratio of 3.85 and a beta of 0.69. The firm has a 50-day moving average of $73.48 and a 200-day moving average of $73.93. 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 Company has a one year low of $69.45 and a one year high of $82.94.

American States Water (NYSE:AWR) last released its earnings results on Wednesday, November 5th. The utilities provider reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.05. American States Water had a return on equity of 13.26% and a net margin of 20.43%.The business had revenue of $182.72 million for the quarter, compared to analyst estimates of $178.79 million. During the same quarter in the prior year, the company posted $0.95 earnings per share. American States Water’s revenue was up 12.9% on a year-over-year basis. On average, equities analysts expect that American States Water Company will post 3.34 earnings per share for the current fiscal year.

American States Water Dividend Announcement

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

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of American States Water in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $77.50.

Insider Buying and Selling at American States Water

In related news, Director Anne M. Holloway sold 528 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $75.90, for a total value of $40,075.20. Following the completion of the transaction, the director directly owned 39,145 shares of the company’s stock, valued at approximately $2,971,105.50. This trade represents a 1.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate 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.