Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Principal Financial Group Inc. Holds 73.47 Million Stock Holdings in American Water Works Company Inc.

December 24, 2024
American Water Works Company, Inc. (AWK) is the largest publicly traded water and wastewater utility company in the United States. Recently, Principal Financial Group Inc. announced that it holds a significant amount of AWK stock, totaling 73.47 million shares. This news highlights the confidence that a major financial institution has in AWK's long-term growth potential.

AWK provides essential water and wastewater services to over 15 million people in the U.S. The company operates in more than 45 states and has a consistent track record of providing reliable and safe water services to its customers. With increasing population growth and aging infrastructure, the demand for water services is expected to rise, creating a favorable market environment for AWK.

The investment from Principal Financial Group Inc. further strengthens AWK's position in the market. It demonstrates the recognition of AWK's stable and predictable cash flow generation, which comes from its regulated utility business model. AWK consistently invests in infrastructure improvements to ensure long-term sustainability and meet the growing demands of its customers.

While the return trends at American Water Works Company may not currently be appealing to some investors, it is important to recognize the company's strong market position and its commitment to providing essential services. AWK's consistent dividend payments and its investment in infrastructure make it an attractive option for long-term investors.

To make informed decisions about investing in AWK or any other stock, it is recommended to consult with professionals in the field, such as Stocks Prognosis. Their expertise and analysis can provide valuable insights into the future movement of AWK's stock and help investors make informed decisions.

Disclaimer: This news article does not provide any financial advice or recommendations. It is solely for informational purposes.
If you want to leave a comment, then you need Login or Register





Other data for AWK

Related data

AWKAugust 21, 2025American Water Works Co AWK Successfully Implements Innovative Water Treatment Technology  ~1 min.

American Water Works Company, Inc. (AWK) recently announced the successful implementation of a groundbreaking water treatment technology in one of its facilities....


AWKJuly 5, 2025AWK Stock News: Illinois Move Over Law: American Water Launches Safety Campaign  ~1 min.

American Water Works Company, Inc. has recently launched a safety campaign in Illinois to remind motorists to follow the Move Over Law....


AWKApril 21, 2025American Water Works: A Top Dividend Stock with Promising Growth  ~2 min.

American Water Works Company, Inc. (AWK) continues to shine as a top dividend stock for investors, with its strong financial performance and commitment to shareholder returns....


AWKApril 3, 2025Price Target Forecast Success: AMERICAN WATER WORKS COMPANY, INC. Achieves 8.76% Profit  ~1 min.

American Water Works Company, Inc. has recently hit its price target forecast set by QuantWave, resulting in a profit of 8.76%....


AWKApril 3, 2025AMERICAN WATER WORKS COMPANY, INC. Hits 8.85% Profit Target Forecasted by QuantWave  ~1 min.

AMERICAN WATER WORKS COMPANY, INC. has successfully achieved the price target forecasted by QuantWave, with a profit of 8.85%. The forecast signal was given on August 20, 2024, at a price of 138....


AWKApril 3, 2025American Water Works Company, Inc. Hits QuantWave's Price Target Forecast with 8.85% Profit Margin  ~2 min.

On April 3, 2025, American Water Works Company, Inc.'s stock reached the predicted price target of 150.19 $, yielding an impressive profit margin of 8....


AWKApril 3, 2025AMERICAN WATER WORKS COMPANY, INC. Hits Forecast Price Target with 8.76% Profit Margin  ~2 min.

AMERICAN WATER WORKS COMPANY, INC. saw its stock reach the forecasted price target of $150.19 on April 3, 2025, signaling a successful prediction with an 8.76% profit margin for investors....


AWKMarch 21, 2025Is American Water Works AWK Stock Outpacing Its Utilities Peers This Year?  ~2 min.

American Water Works Company, Inc. (AWK) has been performing exceptionally well in the stock market, outpacing its peers in the utilities sector....


AWKMarch 18, 2025Analyst Expectations For American Water Works Company Inc.  ~2 min.

American Water Works Company Inc. (NYSE: AWK) has been a leading player in the water utility industry for many years....


AWKMarch 17, 2025Analyst Expectations For American Water Works Co's Future  ~1 min.

According to analysts, American Water Works Company Inc. (NYSE:AWK) could be a great choice for investors looking to buy stocks. The company's stock has been outpacing its utilities peers this year....


LUMNFebruary 14, 2025Lumen Technologies Inc. LUMN Strengthens AI Infrastructure with Strategic Network Investments  ~1 min.

Lumen Technologies Inc. (NYSE: LUMN), a leading technology company, is making strategic network investments to strengthen its AI infrastructure....


KMIJanuary 24, 2025Kinder Morgan Inc. Reports Strong Financial Performance and Unveils $1.7B Pipeline Project  ~2 min.

Kinder Morgan Inc. (NYSE:KMI), a leading energy infrastructure company, recently announced its impressive financial results for the fourth quarter of 2024....


CSXJanuary 2, 2025CSX Corporation: 55 Million for 30 Rail Infrastructure Projects Supporting Business Development and Over 340 Jobs Statewide  ~1 min.

CSX Corporation, a leading logistics company, has announced its investment of $55 million in 30 rail infrastructure projects across the state....


CCIJanuary 7, 2025Crown Castle Inc. Showcases Strong Performance in Recent Earnings Report  ~2 min.

The leading provider of shared communications infrastructure, Crown Castle Inc., recently released its highly anticipated earnings report for the quarter....


SBACJanuary 2, 2025SBA Communications Co. Sees Increased Investment from JPMorgan Chase Co.  ~2 min.

SBA Communications Corporation (NASDAQ: SBAC), a leading global provider of wireless communications infrastructure, has recently witnessed a significant increase in investment from JPMorgan Chase Co....