American States Water Company $AWR Position Decreased by Robeco Schweiz AG

Robeco Schweiz AG reduced its holdings in American States Water Company (NYSE:AWRFree Report) by 13.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,647 shares of the utilities provider’s stock after selling 32,720 shares during the quarter. Robeco Schweiz AG’s holdings in American States Water were worth $15,005,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. State of Wyoming acquired a new position in American States Water in the second quarter worth approximately $26,000. EverSource Wealth Advisors LLC grew its holdings in shares of 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 acquiring an additional 556 shares during the last quarter. Strs Ohio acquired a new position in shares of American States Water in the 1st quarter worth $87,000. Farther Finance Advisors LLC raised its position in shares of American States Water by 34.2% during the third quarter. Farther Finance Advisors LLC now owns 1,270 shares of the utilities provider’s stock worth $93,000 after purchasing an additional 324 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of American States Water by 145.9% in the 2nd quarter. GAMMA Investing LLC now owns 2,115 shares of the utilities provider’s stock valued at $162,000 after purchasing an additional 1,255 shares during the period. 75.24% of the stock is currently owned by institutional investors.

Insider Activity at American States Water

In other news, Director Anne M. Holloway sold 528 shares of the company’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 transaction, the director directly owned 39,145 shares of the company’s stock, valued at approximately $2,971,105.50. This represents a 1.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.83% of the stock is currently owned by corporate insiders.

American States Water Stock Down 0.8%

NYSE:AWR opened at $73.76 on Wednesday. American States Water Company has a 1-year low of $69.45 and a 1-year high of $82.94. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 3.77 and a beta of 0.69. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.90. The business’s fifty day moving average price is $73.41 and its 200 day moving average price is $73.98.

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

American States Water Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Friday, November 14th were paid a dividend of $0.504 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.7%. American States Water’s dividend payout ratio (DPR) is 59.47%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated 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 company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $77.50.

Get Our Latest Analysis on American States Water

American States Water Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding AWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American States Water Company (NYSE:AWRFree Report).

Institutional Ownership by Quarter for American States Water (NYSE:AWR)

Receive News & Ratings for American States Water Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American States Water and related companies with MarketBeat.com's FREE daily email newsletter.