Nisa Investment Advisors LLC Has $2.30 Million Stake in American Water Works Company, Inc. $AWK

Nisa Investment Advisors LLC boosted its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 4.0% in the second quarter, HoldingsChannel reports. The firm owned 16,531 shares of the utilities provider’s stock after acquiring an additional 642 shares during the period. Nisa Investment Advisors LLC’s holdings in American Water Works were worth $2,300,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AWK. Price T Rowe Associates Inc. MD increased its holdings in American Water Works by 881.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,704,995 shares of the utilities provider’s stock valued at $546,562,000 after purchasing an additional 3,327,352 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in American Water Works by 24.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 4,532,131 shares of the utilities provider’s stock valued at $668,566,000 after purchasing an additional 878,951 shares in the last quarter. Groupama Asset Managment boosted its position in American Water Works by 114.3% in the 1st quarter. Groupama Asset Managment now owns 1,505,106 shares of the utilities provider’s stock valued at $2,296,000 after buying an additional 802,639 shares during the last quarter. Nuveen LLC bought a new position in American Water Works in the 1st quarter valued at $103,053,000. Finally, BROOKFIELD Corp ON boosted its position in American Water Works by 2,486.6% in the 1st quarter. BROOKFIELD Corp ON now owns 571,080 shares of the utilities provider’s stock valued at $84,246,000 after buying an additional 549,002 shares during the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Stock Down 2.5%

NYSE:AWK opened at $126.75 on Friday. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $24.73 billion, a P/E ratio of 22.28, a P/E/G ratio of 2.84 and a beta of 0.70. The stock’s fifty day simple moving average is $139.67 and its 200-day simple moving average is $141.74.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.04. American Water Works had a return on equity of 10.57% and a net margin of 21.93%.The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the company earned $1.80 EPS. The firm’s revenue was up 9.7% on a year-over-year basis. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Thursday, November 13th will be issued a dividend of $0.8275 per share. The ex-dividend date is Thursday, November 13th. This represents a $3.31 annualized dividend and a yield of 2.6%. American Water Works’s payout ratio is currently 59.64%.

Analysts Set New Price Targets

A number of brokerages have commented on AWK. UBS Group decreased their price objective on American Water Works from $156.00 to $151.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 12th. Cowen began coverage on American Water Works in a research report on Wednesday, October 15th. They issued a “hold” rating on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Water Works in a research report on Wednesday, October 8th. Barclays increased their price objective on American Water Works from $128.00 to $134.00 and gave the company an “underweight” rating in a research report on Tuesday, October 21st. Finally, Mizuho set a $145.00 price objective on American Water Works in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $145.38.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.