American States Water Company $AWR Stock Holdings Increased by Zurcher Kantonalbank Zurich Cantonalbank

Key Points

• Zurcher Kantonalbank raised its stake in American States Water by 632.9% in Q4 to 153,931 shares, representing about 0.40% ownership and roughly $11.16 million in value.
• American States Water beat quarterly EPS estimates ($0.74 vs. $0.68), has a market capitalization of $3.17 billion and a P/E of 24.0, and analysts project roughly 3.59 EPS for the current fiscal year.
• The company pays a quarterly dividend of $0.504 (annualized $2.02) for a ~2.5% yield and a ~59.9% payout ratio, while the consensus analyst rating is Hold with a $84 price target.

Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of American States Water Company (NYSE:AWR - Free Report) by 632.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 153,931 shares of the utilities provider's stock after buying an additional 132,929 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.40% of American States Water worth $11,157,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Smartleaf Asset Management LLC increased its stake in American States Water by 6.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,563 shares of the utilities provider's stock valued at $196,000 after buying an additional 150 shares during the period. Arizona State Retirement System increased its stake in American States Water by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 11,395 shares of the utilities provider's stock valued at $835,000 after buying an additional 156 shares during the period. US Bancorp DE boosted its stake in American States Water by 2.1% during the 3rd quarter. US Bancorp DE now owns 7,663 shares of the utilities provider's stock valued at $562,000 after purchasing an additional 159 shares in the last quarter. Amalgamated Bank increased its position in shares of American States Water by 1.8% during the 3rd quarter. Amalgamated Bank now owns 11,144 shares of the utilities provider's stock valued at $817,000 after purchasing an additional 200 shares during the period. Finally, California State Teachers Retirement System raised its stake in shares of American States Water by 0.6% in the 2nd quarter. California State Teachers Retirement System now owns 37,956 shares of the utilities provider's stock worth $2,910,000 after buying an additional 237 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company's stock.

American States Water Price Performance

NYSE AWR opened at $80.89 on Friday. The stock has a market capitalization of $3.17 billion, a P/E ratio of 24.00, a P/E/G ratio of 3.86 and a beta of 0.66. American States Water Company has a 1 year low of $69.45 and a 1 year high of $82.94. The business's fifty day moving average is $75.40 and its two-hundred day moving average is $74.17. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.23 and a current ratio of 1.32.

American States Water (NYSE:AWR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.06. The firm had revenue of $164.28 million for the quarter, compared to analysts' expectations of $168.82 million. American States Water had a return on equity of 13.10% and a net margin of 19.82%. On average, research analysts forecast that American States Water Company will post 3.59 earnings per share for the current fiscal year.

American States Water Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, February 23rd were paid a $0.504 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $2.02 dividend on an annualized basis and a yield of 2.5%. American States Water's dividend payout ratio (DPR) is currently 59.94%.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a "hold (c)" rating on shares of American States Water in a report on Monday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $84.00.

About American States Water

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.

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