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American Water Seeks Rate Adjustment in Kentucky

Story Highlights
  • American Water held its 2025 Annual Meeting, electing directors and approving executive compensation.
  • Kentucky American Water requested rate adjustments due to $212 million in investments, pending approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

American Water ( (AWK) ) has issued an update.

On May 14, 2025, American Water Works Company held its 2025 Annual Meeting of Shareholders, where eight directors were elected, executive compensation was approved, and PricewaterhouseCoopers LLP was ratified as the company’s independent public accounting firm. Additionally, Kentucky American Water, a subsidiary of American Water, filed a request with the Kentucky Public Service Commission on May 16, 2025, to adjust water rates, driven by over $212 million in capital investments. This request, aimed at maintaining infrastructure and service quality, could impact customer billing and is subject to regulatory approval.

The most recent analyst rating on (AWK) stock is a Buy with a $164.00 price target. To see the full list of analyst forecasts on American Water stock, see the AWK Stock Forecast page.

Spark’s Take on AWK Stock

According to Spark, TipRanks’ AI Analyst, AWK is a Outperform.

American Water’s strong financial performance and positive earnings outlook are offset by its high leverage and bearish technical indicators. The company’s valuation suggests it is priced for growth, supported by a solid dividend yield. Despite some challenges with operating costs, the strategic focus on growth and infrastructure investment underpins a generally positive outlook.

To see Spark’s full report on AWK stock, click here.

More about American Water

American Water is the largest regulated water and wastewater utility company in the United States, providing services to over 14 million people across 14 states and 18 military installations. The company has a long history dating back to 1886 and is known for delivering safe, clean, reliable, and affordable water and wastewater services. Its subsidiary, Kentucky American Water, is the largest regulated water utility in Kentucky, serving approximately 527,000 people.

Average Trading Volume: 1,672,713

Technical Sentiment Signal: Hold

Current Market Cap: $26.1B

For detailed information about AWK stock, go to TipRanks’ Stock Analysis page.

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