American Water Charitable Foundation Awards $100,000 to 10 Organizations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: Newsfilter
- Total Funding: The American Water Charitable Foundation awarded a total of $100,000 to 10 organizations in Pennsylvania, aimed at supporting high-impact projects that enhance community service capabilities.
- Project Support: Funded initiatives include support for housing and health goals for the homeless and food distribution programs, directly benefiting thousands of residents and improving community quality of life.
- Strategic Collaboration: The partnership between Pennsylvania American Water and nonprofits reflects a strong commitment to community development, which is expected to further enhance the company's brand image and customer loyalty in the region.
- Long-term Impact: Since 2012, the foundation has invested over $20 million, demonstrating a long-term strategic intent to support sustainable community development, thereby solidifying American Water's leadership position in the industry.
AWK
$131.13+Infinity%1D
Analyst Views on AWK
Wall Street analysts forecast AWK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AWK is 136.17 USD with a low forecast of 117.00 USD and a high forecast of 155.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
0 Buy
4 Hold
2 Sell
Moderate Sell
Current: 130.950
Low
117.00
Averages
136.17
High
155.00
Current: 130.950
Low
117.00
Averages
136.17
High
155.00
About AWK
American Water Works Company, Inc. is a water and wastewater utility company. The Company's primary business involves the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. It also operates other businesses that provide water and wastewater services to the United States government on military installations, as well as municipalities. The Company operates its business through the Regulated Businesses segment. The Regulated Businesses segment includes subsidiaries that provide water and wastewater services to customers in approximately 14 states. The Company's utilities operate in states such as Pennsylvania, Georgia, Hawaii, Indiana, Iowa, Kentucky, Maryland, Tennessee, Virginia and West Virginia. The Company also serves commercial customers, fire service customers, industrial customers, public authorities, other utilities and community water and wastewater systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
