AWR at a glance
AMERICAN STATES WATER CO (AWR, SEC CIK 1056903) filed its latest 10-K annual report on February 18, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 5, 2026 and Form 4 insider filings as recently as September 9, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), AMERICAN STATES WATER CO (AWR) reported revenue of $658.1 million (up 10.5% from FY2024) and net income of $130.4 million. Diluted EPS was $3.37.
- As of June 30, 2026, 32 institutional investment managers tracked by SignalX reported holding AMERICAN STATES WATER CO (AWR) shares worth $1.7 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by BONTA DIANA M on September 4, 2026 of 546 shares at $88.80 per share.
- In the last 90 days, AWR insiders reported 0 open-market purchases ($0) and 2 open-market sales ($128K) on Form 4, a net sale of $128K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $658.1M
- +10.5% vs prior year
- Insiders · 90 days
- 0 buys · 2 sells
- Net −$128K
- 13F holders
- 32 funds
- $1.7B · +1 vs prior quarter
- Latest 8-K
- Aug 5, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Regulated water, electric, and contracted utility services via subsidiaries GSWC, BVES, and ASUS
- New emphasis on contracted services segment through multiple new subsidiaries including FBWS, ODUS, TUS, PSUS, ONUS, ECUS, FRUS, BSUS, PRUS
- Strategic shift highlighting growth in contracted services alongside traditional regulated water and electric utilities
- Operating footprint expanded to 11 California counties for water and multiple mountain communities for electric distribution
- Combined filing by AWR and GSWC, with GSWC disclaiming responsibility for AWR information
Risk Factors
- Regulatory risk: CPUC rejection of full WRAM and MCBA for GSWC replaced by M-WRAM and ICBA effective 2025, increasing earnings volatility from water consumption fluctuations
- Macroeconomic threat: U.S. tariffs increasing costs of construction materials and goods, with uncertain timing, scope, and exemptions impacting results
- Operational vulnerability: ASUS dependent on U.S. government contracts, exposed to risks from government shutdowns affecting contract funding timing and construction permits
- Competitive risk: BVES electric rates and cost of capital pressured by CPUC decisions; upcoming 2027–2030 GRC requests higher capital budget $133M and ROE 11.3% for competitive positioning
- Financial risk: AWR ATM equity offering dilutes EPS by approx. $0.10 per share in 2025 due to issuance of 2,048,988 shares with $40.7M still available for sale
Management Discussion & Analysis
- No segmented financial performance data with actual numbers included
- No cash flow, capital allocation, buybacks, dividends, or capex details mentioned
- No forward-looking guidance, management outlook, or risks discussed
- Text focuses on describing reporting methodology and non-GAAP measures only
AI summary of the AWR 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 diluted earnings $43.3M, $1.09/share vs $33.7M, $0.87/share YoY, up 25.3%
- Water strongest segment: $0.91/share vs $0.73, up 24.7%; electric weakest growth: $0.04 vs $0.03
- Water revenue up $11.4M; consumption increased 4% and lower purchased-water reliance supported earnings
- ATM program completed June 12, raising $200M gross from 2,575,947 shares; no additional equity planned through 2029
- Outlook: contracted services guidance $0.63–$0.67/share for 2026; water earnings exposed to consumption and supply-mix volatility
Risk Factors
- No material risk-factor changes from the December 31, 2025 Form 10-K
- Regulatory and legal risks remain as previously disclosed, with no new quarter-specific developments
- Operational and competitive risks remain unchanged from the 10-K
- Financial risks remain unchanged from the 10-K, including previously disclosed liquidity, debt, and concentration exposures
AI summary of the AWR 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 FY2026 earnings released August 5, 2026, covering quarter ended June 30, 2026
- Press release in Exhibit 99.1 contains financial results and management commentary
Item EX-99.1: Item EX-99.1
- Q2 diluted EPS $1.09, up 25.3% from $0.87, driven primarily by CPUC-approved water rate increases
- Water segment EPS $0.91, up $0.18, supported by $32.0M higher adopted revenue less supply costs
Item 2.02: Results of Operations and Financial Condition
- Q1 2026 earnings released May 6, 2026, covering quarter ended March 31, 2026
- Detailed financial results and management commentary available in Exhibit 99.1 press release
AI summaries of AWR 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for AWR
Don't miss the next AWR filing
- Alerts as it files. A push when AWR files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut AWR, by share count.
- Ask anything. An AI agent that reads every AWR filing and answers with sources.
AWR alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| BONTA DIANA M | Sell | Sep 4, 2026 | 546 | $88.80 |
| HOLLOWAY ANNE M | Sell | Aug 19, 2026 | 900 | $88.86 |
| HOLLOWAY ANNE M | A | May 19, 2026 | 526.87 | $75.92 |
| HOLLOWAY ANNE M | A | May 18, 2026 | 134.809 | $75.92 |
| Rowley Paul J | Sell | May 15, 2026 | 1,304 | $76.05 |
| TANG EVA G | F | Mar 13, 2026 | 400.813 | $74.44 |
| TANG EVA G | F | Mar 13, 2026 | 107.337 | $74.44 |
| TANG EVA G | F | Mar 13, 2026 | 113.29 | $74.44 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $595.5M | $658.1M |
| Operating Income | - | $184.5M | $203.3M |
| Net Income | $124.9M | $119.3M | $130.4M |
| Op. Margin | - | 31.0% | 30.9% |
| Net Margin | - | 20.0% | 19.8% |
| Balance Sheet | |||
| Total Assets | $2.2B | $2.5B | $2.7B |
| Equity | - | $920.1M | $1.0B |
| ROE | - | 13.0% | 12.5% |
| Per Share | |||
| EPS | $3.36 | $3.17 | $3.37 |
| Cash Flow | |||
| Operating CF | - | $198.7M | $229.7M |
| CapEx | $188.5M | $232.0M | $236.8M |
Source: XBRL data in AMERICAN STATES WATER CO (AWR)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate AWR share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 32 | $1.72B |
| Q1 2026 | 31 | $1.48B |
| Q4 2025 | 29 | $1.42B |
| Q3 2025 | 30 | $1.43B |
| Q2 2025 | 30 | $1.43B |
| Q1 2025 | 26 | $924.9M |
| Q4 2024 | 22 | $834.8M |
| Q3 2024 | 20 | $460.0M |
- AQR Capital Management+446.1K (+94%)
- BlackRock+432.7K (+6%)
- Vanguard Portfolio Management LLC+417.8K (+13%)
- Two Sigma Investments+195.1K (+212%)
- State Street Corp+178.8K (+9%)
- Morgan Stanley−397.8K (-31%)
- Renaissance Technologies LLC−90.9K (-86%)
- Millennium Management−80.4K (-39%)
- Ameriprise Financial−21.2K (-20%)
- Invesco Ltd−19.6K (-3%)
- M&T Bank+2.8K
Source: 13F-HR filings on SEC EDGAR (aggregated from 220 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
AWR filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 9, 2026 | - | - | - |
| 4 | Aug 20, 2026 | - | - | - |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 10-Q | Aug 5, 2026 | Jun 30, 2026 | Analysis | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 10-Q | May 6, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 6, 2026 | - | Analysis | |
| SC 13G | Apr 29, 2026 | - | - | |
| SC 13G | Apr 28, 2026 | - | - | |
| 8-K | Mar 27, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 4 | Mar 16, 2026 | - | - | - |
| 8-K | Mar 13, 2026 | - | Analysis | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
Related Utilities companies
- AWK · American Water WorksWater Supply
- CDZI · CADIZ INCWater Supply
- CWT · CALIFORNIA WATER SERVICE GROUPWater Supply
- CWCO · Consolidated Water Co. Ltd.Water Supply
- WTRG · Essential Utilities IncWater Supply
- GWRS · Global Water Resources, Inc.Water Supply
- HTO · H2O AMERICAWater Supply
- MSEX · MIDDLESEX WATER COWater Supply
AWR SEC filings: frequently asked questions
Are AWR insiders buying or selling?
In the last 90 days, AMERICAN STATES WATER CO (AWR) officers, directors and 10% owners reported no open-market purchases and 2 open-market sales worth $128,456 by 2 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold AWR stock?
As of June 30, 2026, the largest AMERICAN STATES WATER CO (AWR) holders among the 13F filers tracked by SignalX were BlackRock ($602.7 million), Vanguard Portfolio Management LLC ($291.2 million), State Street Corp ($185.4 million), Vanguard Capital Management LLC ($147.9 million), AQR Capital Management ($76.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was AWR's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), AMERICAN STATES WATER CO (AWR) reported revenue of $658.1 million (up 10.5% from FY2024) and net income of $130.4 million. Diluted EPS was $3.37. The figures come from the XBRL data in the 10-K.
What are the main risks in AWR's latest 10-K?
In the 10-K filed February 18, 2026, AMERICAN STATES WATER CO (AWR) flagged: Regulatory risk: CPUC rejection of full WRAM and MCBA for GSWC replaced by M-WRAM and ICBA effective 2025, increasing earnings volatility from water consumption fluctuations. Macroeconomic threat: U.S. tariffs increasing costs of construction materials and goods, with uncertain timing, scope, and exemptions impacting results. (AI summary of the Risk Factors section.)
What did AWR report in its latest 8-K?
AMERICAN STATES WATER CO (AWR) filed an 8-K on August 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 FY2026 earnings released August 5, 2026, covering quarter ended June 30, 2026.
What are the latest AWR SEC filings?
AMERICAN STATES WATER CO (AWR) filed its latest 10-K annual report on February 18, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 5, 2026 and a Form 4 insider filing on September 9, 2026.
What is AWR's SEC CIK number?
AMERICAN STATES WATER CO (AWR)'s SEC Central Index Key (CIK) is 1056903. EDGAR lists every AWR filing under that number.
Ask anything about AWR
The research agent reads AWR's filings, financials, insider trades and 13F holders, then answers with sources.