SG Americas Securities LLC Has $1.80 Million Position in American States Water Company $AWR

SG Americas Securities LLC lifted its holdings in American States Water Company (NYSE:AWR) by 686.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,504 shares of the utilities provider’s stock after purchasing an additional 21,390 shares during the period. SG Americas Securities LLC owned 0.06% of American States Water worth $1,797,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. State of Wyoming acquired a new stake in American States Water in the 2nd quarter valued at approximately $26,000. EverSource Wealth Advisors LLC boosted its position in shares of American States Water by 337.0% in the second quarter. EverSource Wealth Advisors LLC now owns 721 shares of the utilities provider’s stock valued at $55,000 after acquiring an additional 556 shares during the period. Strs Ohio bought a new stake in shares of American States Water in the first quarter valued at approximately $87,000. Farther Finance Advisors LLC grew its stake in shares of American States Water by 34.2% in the third quarter. Farther Finance Advisors LLC now owns 1,270 shares of the utilities provider’s stock worth $93,000 after acquiring an additional 324 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in American States Water by 145.9% during the second quarter. GAMMA Investing LLC now owns 2,115 shares of the utilities provider’s stock worth $162,000 after acquiring an additional 1,255 shares during the period. Institutional investors own 75.24% of the company’s stock.

American States Water Stock Performance

Shares of NYSE AWR opened at $75.52 on Thursday. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 3.74 and a beta of 0.69. American States Water Company has a one year low of $69.45 and a one year high of $82.94. The business has a fifty day simple moving average of $73.43 and a 200 day simple moving average of $73.99. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.90.

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 company had revenue of $182.72 million during 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 was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.95 EPS. Sell-side analysts expect that American States Water Company will post 3.34 EPS for the current year.

American States Water Dividend Announcement

The firm also recently declared 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 was Friday, November 14th. This represents a $2.02 dividend on an annualized basis and a yield of 2.7%. American States Water’s dividend payout ratio (DPR) is currently 59.76%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of American States Water in a report 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.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $77.50.

Insider Buying and Selling

In other American States Water news, Director Anne M. Holloway sold 528 shares of American States Water stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $75.90, for a total transaction of $40,075.20. Following the sale, the director directly owned 39,145 shares of the company’s stock, valued at approximately $2,971,105.50. The trade was a 1.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.83% of the stock is currently owned by corporate insiders.

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.