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American Water Works Company, Inc. (AWK) Subsidiart to Acquire Water System In Hopewell Borough For $6.4 Million.
Yahoo Finance· 2026-01-04 22:29
Group 1: Company Overview - American Water Works Company, Inc. (AWK) is the largest investor-owned water and wastewater company in the US, serving approximately 4 million customers across 14 states [5] Group 2: Recent Acquisition - New Jersey American Water, a subsidiary of American Water, has agreed to purchase the Hopewell Borough water system for $6.4 million, with the sale approved by 58% of Hopewell voters in a November 2025 referendum [3] - The Hopewell system serves over 880 customer connections, and American Water has been supplying a significant amount of Hopewell's water through a bulk water agreement for many years, ensuring a smooth transition [3] - The company plans to invest in the Hopewell system to repair outdated infrastructure, eliminate lead service lines, improve reliability, and maintain reasonable prices [3] Group 3: Analyst Ratings and Market Outlook - Barclays analyst Nicholas Campanella maintained an Underweight rating on AWK shares and reduced the price target from $134 to $122 as part of the utilities sector projection for 2026 [4] - Barclays has a strong outlook for the utilities industry, describing 2026 as a year of execution and defense due to increased spending commitments and positive adjustments to earnings expected to follow [4]
Utilities Enter ‘Execution and Defense’ Phase as Barclays Lowers AWK Target
Yahoo Finance· 2026-01-02 23:24
American Water Works Company, Inc. (NYSE:AWK) is included among the 12 Best Income Stocks to Buy Now. Utilities Enter ‘Execution and Defense’ Phase as Barclays Lowers AWK Target On December 17, Barclays analyst Nicholas Campanella lowered the firm’s price target on American Water Works Company, Inc. (NYSE:AWK) to $122 from $134 and kept an Underweight rating on the shares. The move came as part of Barclays’ 2026 outlook for the utilities sector. Barclays still holds a positive view on the industry overal ...
California Water Service Unit Cal Water Gets Nod for Interim Rate Hike
ZACKS· 2026-01-02 18:20
Core Viewpoint - California Water Service Group's unit, California Water Service, has received approval for a temporary interim rate revision allowing a 3% rate increase effective January 1, 2026, which is crucial for funding infrastructure upgrades to ensure reliable water delivery [1][2][10]. Group 1: Rate Increase Importance - The 3% rate increase is essential for California Water Service to continue investing in infrastructure, which is necessary for maintaining safe and reliable water services [2][5]. - Utility operations are capital-intensive, requiring regular investments to upgrade and maintain infrastructure to meet rising demand and prevent water wastage [3]. Group 2: Infrastructure Investment Needs - The U.S. water infrastructure is deteriorating, with significant investment needs estimated at $1.25 trillion over the next 20 years to maintain and upgrade systems [4]. - Aging infrastructure necessitates immediate investment to avoid accidents and ensure the delivery of potable water [3][4]. Group 3: Benefits of Rate Revision - The approval of new rates allows for higher revenue generation, which can be allocated towards infrastructure upgrades and improving customer service [5]. - Other water utilities, such as American Water Works Company and American States Water, have also benefited from rate increases, leading to significant revenue growth and enabling further infrastructure investments [6][7]. Group 4: Revenue Projections - Global Water Resources, Inc. anticipates an increase in annual revenues by $1.1 million due to approved water rates, with the increase phased in over three stages [8].
Is Consolidated Water (CWCO) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2025-12-31 15:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Consolidated Water (CWCO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Consolidated Water curr ...
海南共建成水库1102座
Hai Nan Ri Bao· 2025-12-31 01:49
"十四五"期间,省级水网主骨架基本形成,水资源保障能力稳步提升 "与'十三五'末相比,我省农村自来水普及率由88%提高至97.18%;建制镇生活污水处理设施覆盖率 由33%提高至100%,处于全国领先水平。"会上,省治水办、省水务厅有关负责人指出,"十四五"期 间,我省省级骨干水网水流调配率、农村自来水普及率、城市生活污水集中收集率、自然村生活污水治 理(管控)率等多项重要指标实现新提升。 2021年-2025年,我省累计完成"六水共治"全口径投资967亿元。自实施"六水共治"以来,我省"六 水共治"完成全口径投资实现"四连跳",预计2025年将达到242亿元。水网建设方面,列入国家172项、 150项重大水利的9个重大水利工程全部开工或竣工投产,这些工程实施后,可新增供水量10亿立方 米,"五大片区、三江六库九渠系"的骨干水网雏形基本形成。 此外,在水务重点领域改革方面,我省水务部门不断完善项目管理机制,与相关部门联合建立前期 工作同频、项目储备同享、资金申报同向、项目实施同促的"四同"工作机制等,大大提高项目推进效 率;不断探索生活污水处理新模式,出台农村生活污水治理"三大模式、六条路径"技术指引,农村生 ...
Jefferies Upgrades Pentair (PNR), Sees Earnings Compounding Through 2027
Yahoo Finance· 2025-12-30 20:24
Pentair plc (NYSE:PNR) is included among the 14 Best Dividend Aristocrats to Invest in Heading into 2026. Jefferies Upgrades Pentair (PNR), Sees Earnings Compounding Through 2027 On December 10, Jefferies analyst Saree Boroditsky upgraded Pentair plc (NYSE:PNR) to Buy from Hold and lifted the price target to $135 from $120. The analyst expects the company to compound earnings through 2027, supported by a recovery in volumes and steady margin expansion. Acquisitions could add further upside over time. Poo ...
4 Low-Beta Defensive Stocks to Buy as Consumer Confidence Plummets
ZACKS· 2025-12-30 15:20
Economic Overview - Consumer confidence in the United States fell to 89.1 in December, a decline of 3.8 points from November's 92.9, indicating growing concerns over jobs and income amid a weakening economy [4][10] - The Present Situation Index dropped 9.5 points to 116.8, reflecting a negative assessment of current business and labor market conditions [4] - The Expectations Index remained unchanged at 70.7, staying below the 80 mark for 11 consecutive months, which signals a potential recession [5] Federal Reserve Actions - The Federal Reserve cut interest rates by 25 basis points three times in the current year but indicated only one rate cut for the next year due to persistent high inflation [5][6] Market Trends - A significant tech selloff has occurred, with investors offloading tech stocks due to concerns over profitability against high valuations, leading to a loss of momentum in the tech rally [6][10] Investment Recommendations - Investors are advised to focus on low-beta, defensive stocks from the utility and consumer staples sectors to mitigate market volatility [2][10] - Recommended stocks include: - **Atmos Energy Corporation (ATO)**: Expected earnings growth rate of 6.7%, beta of 0.75, and a dividend yield of 2.38% [8][7] - **American States Water Company (AWR)**: Expected earnings growth rate of 5.1%, beta of 0.70, and a dividend yield of 2.76% [12][11] - **Sempra (SRE)**: Expected earnings growth rate of 12.1%, beta of 0.73, and a dividend yield of 2.91% [13] - **Ingredion Incorporated (INGR)**: Expected earnings growth rate of 1.6%, beta of 0.72, and a dividend yield of 2.94% [14]
Pure Cycle Corporation Announces Dates for Q1 2026 Earnings Presentation
Globenewswire· 2025-12-30 13:30
Core Insights - Pure Cycle Corporation will release its financial results for the three months ended November 30, 2025, on January 7, 2026, and will hold an earnings presentation on January 8, 2026 [1][2] Company Overview - Pure Cycle operates as an innovative and vertically integrated wholesale water and wastewater service provider, with three distinct business segments that complement each other [3] - The company launched its land development segment in 2017, focusing on developing master planned communities on owned land while providing water and wastewater services [3] - In 2021, Pure Cycle introduced a rental business for single-family homes at Sky Ranch, which generates long-term recurring revenues and supports its land development operations [3]
【国企动态】水务集团:山东省首单机构间REITs项目成功在上交所挂牌上市
Sou Hu Cai Jing· 2025-12-30 12:07
12月29日,随着一声清脆的锣响,山东省首单机构间REITs项目"青岛水务集团有限公司持有型不动产ABS项目"在上海证券交易所成功挂牌。 本次挂牌的机构间REITs项目由青岛水务集团发起,中信证券股份有限公司担任计划管理人,以青岛水务集团所属青岛市李村河污水处理厂提标改造及四 期扩建项目和总氮提标改造项目作为底层资产,发行规模达到4.77亿元。 项目发行过程中,水务集团在青岛市委金融办、市发改委、市财政局、市水务局、市国资委、青岛证监局的大力支持和指导下,通过标准化、证券化方 式,将具有持续稳定收益的污水处理基础设施转化为可公开交易、流动性强的金融产品,实现从"重持有"向"重运营"转型。募集资金投入新的基建项目, 有助于改善资产周转效率与净资产收益率,增强资金运作能力和市场竞争力。 本次机构间REITs项目的成功挂牌,是做好"金融五篇大文章"、提升金融服务实体经济质效的典型实践案例,开辟了国有企业市场化盘活存量资产新路 径,打造了企业拓展权益融资、降低资产负债率新模式,形成了资本市场服务青岛民生事业的新通道,提供了可复制、可推广的样本示范。 下一步,青岛水务集团将高效运营管理底层资产,确保项目持续稳健运营,以 ...
California Water Service Receives Approval for Interim Rate Adjustments from California Public Utilities Commission
Globenewswire· 2025-12-29 23:00
Core Viewpoint - California Water Service (Cal Water) has received authorization for interim rate adjustments of 3% across most service areas, effective January 1, 2026, as the California Public Utilities Commission (CPUC) reviews its 2024 General Rate Case (GRC) and Infrastructure Improvement Plan [1][2][3]. Group 1: Rate Adjustments - The CPUC's approval allows Cal Water to temporarily increase rates by 3% in most districts to support ongoing infrastructure investments necessary for providing safe and reliable water [1][4]. - The interim rates are a response to delays in the final decision of the rate case, which were not caused by Cal Water, and aim to mitigate the financial impact on customers [3][4]. Group 2: Company Background - California Water Service Group is the parent company of several regulated utilities, including California Water Service, and serves over 2.1 million people across multiple states [5]. - The company's common stock is traded on the New York Stock Exchange under the symbol "CWT" [5].