UBS Maintains Buy on American Water Works Co, Lowers Price Target to $153
UBS analyst Gregg Orrill maintains American Water Works Co (NYSE:AWK) with a Buy and lowers the price target from $162 to $153.
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American Water, Essential Utilities Reach Non-Unanimous Settlement In PaPUC Merger Proceeding On Aug 28, 2026
On August 28, 2026, in the proceeding before the PaPUC related to the proposed merger of Essential Utilities, Inc. ("Essential Utilities") with and into a wholly owned subsidiary of American Water Works Company,
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8-K filing — American Water Works Company, Inc. (AWK)
Filed: 2026-09-17 AccNo: 0001410636-26-000143 Size: 182 KB Item 8.01: Other Events
Can Approved Rate Hikes Drive American Water Works' Long-Term Growth?
American Water Works (AWK) received approval for a $68 million annual revenue increase in New Jersey effective September 15, 2026, supporting its 7-9% long-term earnings growth target through 2030. The rate hike will fund $1.4 billion in infrastructure upgrades while increasing average residential bills by approximately $4 monthly. AWK plans $19-20 billion in capital investments through 2030 to support 8-9% rate-base growth. The stock trades at a premium valuation with a forward P/E of 21.77X versus the industry average of 17.57X and carries a Zacks Rank #3 (Hold).
UBS Maintains Buy on American Water Works Co, Raises Price Target to $162
UBS analyst Gregg Orrill maintains American Water Works Co (NYSE:AWK) with a Buy and raises the price target from $156 to $162.