AWK

In the past six months (April 2026 - October 2026), American Water Works (AWK) reported adjusted earnings of $1.01 per share for the first quarter ended March 31, 2026, and $1.61 per share for the second quarter ended June 30, 2026, affirming its 2026 EPS guidance range of $6.02 to $6.12. The company continued its strategy of expanding through acquisitions, with Pennsylvania American Water completing acquisitions from Nexus Regulated Utilities and Sutersville-Sewickley Municipal Authority, Illinois American Water acquiring the City of Venice wastewater collection system, Missouri American Water acquiring the City of Neosho's water and wastewater systems, and Kentucky American Water acquiring the Black Mountain Utility District System. American Water plans to invest approximately $3.7 billion across its footprint in 2026, including acquisitions, with specific infrastructure upgrades announced by West Virginia American Water and Indiana American Water. American Water Works and Essential Utilities Inc. announced a proposed merger through a tax-free, all-stock transaction, anticipated to close in the first quarter of 2027, pending regulatory approvals, with three states already approving the merger and a settlement in principle reached in Texas. UBS raised its price target on American Water Works Company Inc. to $162 from $156 in September 2026, while maintaining a neutral rating.