Nvwm LLC Increases Holdings in American Water Works Company, Inc. $AWK

Nvwm LLC lifted its holdings in American Water Works Company, Inc. (NYSE:AWK) by 2.7% in the second quarter, HoldingsChannel reports. The fund owned 15,935 shares of the utilities provider’s stock after buying an additional 423 shares during the period. Nvwm LLC’s holdings in American Water Works were worth $2,217,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. PFG Advisors grew its holdings in American Water Works by 33.4% in the 1st quarter. PFG Advisors now owns 9,699 shares of the utilities provider’s stock worth $1,431,000 after acquiring an additional 2,429 shares during the last quarter. Brown Advisory Inc. increased its holdings in American Water Works by 2.2% during the 1st quarter. Brown Advisory Inc. now owns 10,547 shares of the utilities provider’s stock valued at $1,556,000 after purchasing an additional 229 shares during the period. Mirador Capital Partners LP lifted its holdings in American Water Works by 28.4% in the 2nd quarter. Mirador Capital Partners LP now owns 11,577 shares of the utilities provider’s stock worth $1,610,000 after buying an additional 2,562 shares during the period. St. Johns Investment Management Company LLC lifted its holdings in American Water Works by 11.2% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,652 shares of the utilities provider’s stock worth $508,000 after buying an additional 368 shares during the period. Finally, LGT Fund Management Co Ltd. grew its position in shares of American Water Works by 144.4% in the 2nd quarter. LGT Fund Management Co Ltd. now owns 14,729 shares of the utilities provider’s stock worth $2,049,000 after buying an additional 8,703 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on AWK. Jefferies Financial Group upgraded shares of American Water Works from an “underperform” rating to a “hold” rating and upped their price objective for the stock from $114.00 to $124.00 in a report on Wednesday. Mizuho set a $145.00 price objective on American Water Works in a research report on Tuesday, October 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of American Water Works in a research report on Wednesday, October 8th. UBS Group lowered their target price on American Water Works from $156.00 to $151.00 and set a “neutral” rating for the company in a research note on Tuesday, August 12th. Finally, Barclays upped their price target on American Water Works from $128.00 to $134.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 21st. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $143.00.

American Water Works Price Performance

NYSE AWK opened at $129.48 on Friday. 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 $25.26 billion, a P/E ratio of 22.75, a PEG ratio of 2.84 and a beta of 0.72. American Water Works Company, Inc. has a 52 week low of $118.74 and a 52 week high of $155.50. The company has a 50-day moving average price of $138.09 and a 200-day moving average price of $141.07.

American Water Works (NYSE:AWK) last posted its earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. American Water Works had a net margin of 21.93% and a return on equity of 10.57%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the firm posted $1.80 earnings per share. American Water Works’s revenue for the quarter was up 9.7% compared to the same quarter last year. 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 anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Thursday, November 13th will be given a dividend of $0.8275 per share. The ex-dividend date is Thursday, November 13th. This represents a $3.31 dividend on an annualized basis and a yield of 2.6%. American Water Works’s dividend payout ratio is 58.17%.

American Water Works Profile

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.