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American Water's Christine Keck Appointed to Washington Post Intelligence Council
Prnewswire· 2025-12-01 15:12
Core Insights - Christine Keck has been appointed to the WP Intelligence Council, enhancing American Water's influence in policy and industry innovation [1][3] - WP Intelligence aims to build a community of executives and thought leaders to address critical issues, with Keck's expertise in regulatory matters being a significant asset [2][3] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states and 18 military installations [5] - The company has a long history dating back to 1886 and focuses on providing safe, clean, reliable, and affordable water services [5] Industry Impact - Keck's role in the WP Intelligence Council is expected to foster innovation and develop actionable solutions for water services, benefiting communities and policymakers [3][4] - The Council's first meeting with Keck was held at the Global Women's Summit, indicating a commitment to collaboration across various sectors [4]
Why Is American Water Works (AWK) Up 2.5% Since Last Earnings Report?
ZACKS· 2025-11-28 17:32
Core Viewpoint - American Water Works reported strong third-quarter earnings, beating estimates and showing significant revenue growth, while also announcing a merger with Essential Utilities, Inc. that is expected to enhance its market position. Financial Performance - The company reported Q3 2025 earnings per share (EPS) of $1.94, exceeding the Zacks Consensus Estimate of $1.90 by 2.1% and improving 7.8% from $1.80 in the same quarter last year [2] - Total revenues for the quarter were $1.45 billion, surpassing the Zacks Consensus Estimate of $1.32 billion by 19.6% and increasing 9.8% year-over-year [3] - Operating income reached $614 million, up 13.1% from $543 million in the previous year [5] Segment Performance - Net revenues from regulated businesses were $1.34 billion, reflecting a year-over-year increase of 10.2% [4] - Other segment revenues amounted to $108 million, up 3.8% year-over-year [4] Operating Expenses - Total operating expenses for Q3 were $837 million, a 7.3% increase from $780 million in the prior year, driven by higher employee-related and technology costs [5] Merger Announcement - The company announced a merger agreement with Essential Utilities, Inc., projected to create a leading regulated U.S. water and wastewater utility with a pro forma enterprise value of approximately $63 billion [8] - Essential shareholders will receive 0.305 shares of American Water for each share they own, representing a 10% premium [9] Long-Term Guidance - American Water reiterated its 2025 EPS guidance in the range of $5.70 to $5.75, with a 2026 EPS expectation of $6.02 to $6.12 [10] - The company plans to invest $3.7 billion in 2026 and anticipates long-term capital expenditures of $19-$20 billion from 2026-2030 and $46-$48 billion from 2026-2035 [11] Market Sentiment - Estimates for the stock have trended downward recently, with a Zacks Rank of 3 (Hold), indicating an expectation of in-line returns in the coming months [12][14]
Why Consolidated Water (CWCO) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-11-27 15:51
Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence in investing [1][2] Zacks Style Scores - Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum, aiding investors in selecting securities with high potential for market outperformance over the next 30 days [3][4] - Stocks are rated from A to F, with A indicating the highest potential for outperforming the market [4] Value Score - The Value Style Score focuses on identifying undervalued stocks by analyzing financial ratios such as P/E, PEG, and Price/Sales [4] Growth Score - The Growth Style Score assesses stocks based on projected and historical earnings, sales, and cash flow to identify those with sustainable growth potential [5] Momentum Score - The Momentum Style Score evaluates stocks based on price trends and earnings outlook changes, helping investors identify optimal buying opportunities [6] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who want to consider value, growth, and momentum simultaneously [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [8][9] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize returns [10] Stock to Watch: Consolidated Water Co. (CWCO) - Consolidated Water Co. operates seawater desalination plants and water distribution systems in areas with limited potable water supplies, focusing on regions with high tourist properties and growing populations [12] - CWCO holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, with a Momentum Style Score of B, indicating potential for upward movement [13] - The company has seen upward revisions in earnings estimates, with the Zacks Consensus Estimate increasing by $0.12 to $1.24 per share for fiscal 2025, and an average earnings surprise of +47.5% [13][14]
How Open Text, Restaurant Brands, And Essential Utilities Can Put Cash In Your Pocket
Yahoo Finance· 2025-11-27 03:01
Core Viewpoint - Companies with a strong history of dividend payments and increases are attractive to income-focused investors, with Open Text, Restaurant Brands, and Essential Utilities recently announcing dividend hikes and offering yields over 3% [1] Open Text - Open Text Corp. is an information management software company that assists businesses in organizing, storing, and protecting data [2] - The company has raised its dividend for 12 consecutive years, with a recent increase of 5% to $0.2750 per share, translating to an annual payout of $1.10 per share [3] - The current dividend yield for Open Text is 3.30% [3] - As of September 30, the company's annual revenue was $5.19 billion, and it reported Q1 2026 revenues of $1.29 billion and EPS of $1.05, both exceeding consensus estimates [4] Restaurant Brands International - Restaurant Brands International Inc. operates well-known quick-service restaurant brands including Tim Hortons, Burger King, Popeyes, and Firehouse Subs [5] - The company has increased its dividends for 10 consecutive years, with a recent hike from $0.58 to $0.62 per share, equating to an annual payout of $2.48 per share [6] - The current dividend yield for Restaurant Brands is 3.65% [6] - As of September 30, the company's annual revenue was $9.26 billion, and it reported Q3 2025 EPS of $1.03 and revenues of $2.45 billion, both surpassing consensus estimates [7] Essential Utilities - Essential Utilities Inc. provides water, wastewater, and natural gas services in the U.S. [7] - The company has increased its dividends for 34 consecutive years, with a recent hike of 5.25% to $0.3426 per share, resulting in an annual payout of $1.37 per share [8] - The current dividend yield for Essential Utilities is 3.54% [8]
New Jersey American Water Donates $25,000 and 1,000 Pounds of Food Through Statewide Food Drive for New Jersey Food Banks
Businesswire· 2025-11-26 14:33
Core Points - New Jersey American Water donated $25,000 to ten food banks across the state [1] - The company organized food drives at its operating centers, collecting over 1,000 pounds of food from employees and partners [1] - The initiative was launched in late October to address increased demand for food banks due to the federal shutdown [1]
Global Water Resources declares $0.0253 dividend (NASDAQ:GWRS)
Seeking Alpha· 2025-11-26 13:33
Group 1 - The article does not provide any specific content or key points related to a company or industry [1]
Badger Meter (BMI) Declares Quarterly Dividend of $0.40 per Share
Yahoo Finance· 2025-11-26 05:52
Core Viewpoint - Badger Meter, Inc. (NYSE:BMI) is recognized as one of the 15 best stocks to buy for the medium term, highlighting its potential for growth and shareholder returns [1]. Dividend and Share Repurchase - Badger Meter declared a quarterly cash dividend of $0.40 per share, payable on December 5, 2025, to shareholders of record on November 21, 2025 [2]. - The Board approved a new share repurchase program authorizing up to $75 million of the company's outstanding common stock through November 30, 2028, replacing the previous authorization from February 2023 [3]. Management Insights - Kenneth C. Bockhorst, the Chairman, President, and CEO, emphasized the company's strong balance sheet, free cash flow generation, and durable business model, which position it well to capitalize on industry growth trends [4]. - The company has a history of returning capital to shareholders through dividend growth for 33 consecutive years, indicating a commitment to enhancing long-term shareholder value [4]. Business Overview - Badger Meter develops and manufactures smart water solutions that measure, control, and manage the flow of water and other liquids through pipes, indicating its role in the water management industry [4].
New Jersey American Water Announces 2025 Community Advancement Grant Program Recipients
Businesswire· 2025-11-25 21:44
Core Points - The American Water Charitable Foundation announced the recipients of its 2025 Community Advancement Grant, awarding $25,000 to 10 organizations in New Jersey to enhance access to opportunities for individuals with limited access to services [1][3] - The grants aim to support various community-related projects and programs, reinforcing the Foundation's commitment to community development and resilience [2][3] Grant Recipients - A Hand to Hold, Inc. will expand its Pathways to Success and Youth Hygiene Pantry initiatives [4] - Domestic Abuse & Sexual Assault Crisis Center of Warren County will increase community access to programs and services [4] - Feeding Hands, Inc. will expand its Kids in the Kitchen healthy cooking program [4] - HABcore, Inc. will enhance services supporting affordable housing [4] - Hairy's Dog House will expand outreach programs for children in hospitals [4] - JPELITE Enterprise will expand initiatives for the Young Engineers Enrichment Program [4] - Meeting Essential Needs with Dignity, Inc. (MEND) will extend its Mobile Market program [4] - New Jersey Blind Citizen Association, Inc. will improve the quality of life for the visually impaired [4] - Tara's Happy Boxes will expand wellness services for children [4] - VET4U, LLC will increase outreach programs for homeless veterans [4] Foundation Overview - The American Water Charitable Foundation focuses on three pillars of giving: Water, People, and Communities, having invested over $20 million in funding since 2012 [8] - The Foundation's initiatives are part of the Keep Communities Flowing Grant Program, which emphasizes high-impact projects across American Water's national footprint [3][8] Company Background - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states [6] - New Jersey American Water, a subsidiary of American Water, is the largest regulated water utility in New Jersey, providing services to approximately 2.9 million people [9]
NWPX Infrastructure Achieves UL 508A Certification for several NWPX Park Products
Prnewswire· 2025-11-25 21:15
Core Insights - NWPX Infrastructure, Inc. has achieved UL 508A certification for its control panel systems used in water-related infrastructure, enhancing product credibility and compliance with safety standards [1][2][4] - The certification is expected to streamline permitting and inspection processes, thereby shortening project timelines and improving operational efficiency for customers [2][4] Company Overview - NWPX Infrastructure, Inc. is a leading manufacturer of water-related infrastructure products, founded in 1966, and operates 13 manufacturing facilities across North America [4] - The company is recognized as the largest manufacturer of engineered water transmission systems in North America, producing a variety of products including steel casing pipe and precast concrete components [4] Product Details - The UL certified control systems are integrated into various core products such as oil-water separators, grease interceptors, and water storage units, ensuring compatibility with SCADA and BMS systems [3][4] - The certification assures customers of compliance with the National Electrical Code (NEC) and enhances the trust in NWPX's automated control solutions [2][4]
California American Water, Senator Niello and Assemblymember Hoover Partner to Support Local Food Pantries Ahead of Thanksgiving
Businesswire· 2025-11-25 20:12
Core Points - California American Water is collaborating with local officials to support food pantries during the holiday season through its Operation Gobble initiative [1][2][3] - The company donated $2,500 each to the Carmichael Adventist Food Pantry and Sunrise Christian Food Ministries to assist families in need [1][2] - The initiative aims to address the increased demand for food assistance during Thanksgiving, highlighting the ongoing issue of food insecurity [2][3] Company Overview - California American Water is a subsidiary of American Water, providing water and wastewater services to approximately 750,000 people [7] - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states [4]