American States Water director Anne Holloway sells $79,969 in stock
American States Water Co. (NYSE: AWR) director Anne M. Holloway divested herself of $79,969 worth of company shares on August 19, 2026, according to recent wire service reports. Holloway divested 900 common shares, each sold at a price of $88.855. After this transaction, she retains 38,517.8984 common shares in the firm.
The sale of shares occurred as AWR stock continued its upward trend, trading near its 52-week high of $90.42. The price of AWR shares has appreciated by 26% year-to-date. However, analysts suggest that the stock may be overvalued relative to its intrinsic value. Notably, the company boasts a remarkable streak of dividend increases, having raised its payout for 33 consecutive years. Currently, the dividend yield stands at 2.44%.
American States Water has a strong track record of consistent dividend increases, a testament to the company's financial health. The shares are currently paying a dividend yield of 2.44%. For those interested in a more detailed analysis, InvestingPro offers a Pro Research Report for AWR, and this report is among many available for other US equities.
On August 19, 2026, American States Water also reported its second-quarter 2026 earnings. The company's earnings per share (EPS) came in at $1.09, exceeding Wall Street's estimate of $0.94. Revenue for the quarter was $181.29 million, surpassing the forecasted figure of $171.64 million. This performance was bolstered by new rates, increased construction activity, and improved performance in the water segment.
Analysts had anticipated lower figures for the quarter, making the actual results quite impressive. The EPS increased by 25.3% compared to the same period the previous year, indicating a positive financial trajectory for the company. This increase highlights the company's ability to navigate challenging market conditions and deliver strong financial results.
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