C&CO Brokerage raised 2.2% stake in American Water Works, while Q2 earnings missed estimates.
Cutter & CO Brokerage Inc. raised its stake in American Water Works Company (NYSE: AWK) by 2.2%, now owning 53,545 shares. Several institutional investors also increased their holdings. AWK reported Q2 earnings of $1.42 per share, missing estimates, but achieved $1.15 billion in revenue. The company has a market cap of $27.89 billion and a dividend yield of 2.14%. American Water serves about 3.5 million customers across 14 states.
September 01, 2024
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