American States Water Company (AWR)

Over the past six months, American States Water Co. (AWR) stock has experienced several notable events. As of May 7, 2026, the year-to-date total return for AWR stock was 6.75%, with a 1.90% increase over the last six months. For the first quarter of 2026, AWR announced diluted earnings per share of $0.76, an 8.6% increase compared to the first quarter of 2025, and consolidated operating revenues of $169.2 million, up 14.3% year-over-year, attributed to higher earnings in the water and electric utility segments and increased construction activities. The company also announced a regular common dividend of $0.5040 per share for the second quarter of 2026, continuing its 71-year streak of annual dividend increases. In the fourth quarter of 2025, total operating revenue rose by 14.8% year-over-year to $164.3 million, driven by strong performance in its Water and Contracted Service segments.

Both the water and electric utility operations of American States Water Co. exhibit seasonal trends. Residential and commercial customers account for the majority of water and electric sales and revenues. Water demand typically increases during warmer, drier months, and electricity demand fluctuates with heating and cooling needs across seasons. The company's regulated nature and long-term contracts for military bases provide a stable and predictable revenue base, mitigating some of the impacts of seasonality.

American States Water Co. (AWR) is a utility holding company providing water and electricity services, operating in the Utilities sector, specifically in the Water Utilities industry. The company operates through three segments: water, electric, and contracted services. Through Golden State Water Company, AWR provides water service to approximately 265,100 customer connections across more than 80 communities in California. Bear Valley Electric Service, Inc. distributes electricity to about 24,900 customer connections in the City of Big Bear Lake and surrounding areas in California. American States Utility Services, Inc. (ASUS) offers operations, maintenance, and construction management services for water distribution and wastewater collection and treatment facilities on military bases throughout the United States under long-term privatization contracts.

American States Water Co.'s primary geographic footprint for its regulated water and electric services is California. Golden State Water Company serves over one million Californians across more than 80 communities in 10 counties in California. Bear Valley Electric Service, Inc. operates in the City of Big Bear Lake and surrounding areas in San Bernardino County, California. Its contracted services segment extends the company's reach to military bases across multiple states, including Massachusetts, Kansas, Florida, South Carolina, North Carolina, Virginia, Maryland, Texas, and New Mexico.

American States Water Co. has received positive recognition for its brand reputation in the past year. In April and May 2026, the company was named one of America's Most Trustworthy Companies by Newsweek and ranked #1 in the Energy & Utilities industry. This award was based on survey results covering investor trust, customer trust, and employee trust, as well as a social listening analysis.

Institutional investors hold a significant majority of American States Water Co. (AWR) stock, estimated to be between 78% and 83% as of early 2025, and 79% as of September 2025. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and State Street Corp. Insider ownership is relatively low, typically under 1%, while the general public holds approximately 20% ownership.