American Water Works Company, Inc. (NYSE:AWK) is among the 8 Most Profitable Utility Stocks to Buy Right Now. American Water Works Company, Inc. (AWK) To Acquire Water System In Hopewell Borough For $6.4 Million. TheFly reported on December 18, 2025, that New Jersey American Water, a subsidiary of American Water, has agreed to purchase the Hopewell Borough water system for$6.4 million. The sale was approved by 58% of Hopewell voters in a referendum held in November 2025. Over 880 customer connections ar ...