Rockefeller Capital Management L.P. Has $16.55 Million Position in American Water Works Company, Inc. $AWK

Rockefeller Capital Management L.P. lessened its holdings in American Water Works Company, Inc. (NYSE:AWK) by 36.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,965 shares of the utilities provider’s stock after selling 67,477 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.06% of American Water Works worth $16,549,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. PFG Advisors lifted its holdings in American Water Works by 33.4% during the 1st quarter. PFG Advisors now owns 9,699 shares of the utilities provider’s stock worth $1,431,000 after buying an additional 2,429 shares during the period. Mirador Capital Partners LP raised its position in shares of American Water Works by 28.4% during the second quarter. Mirador Capital Partners LP now owns 11,577 shares of the utilities provider’s stock worth $1,610,000 after acquiring an additional 2,562 shares during the last quarter. LGT Fund Management Co Ltd. raised its position in shares of American Water Works by 144.4% during the second quarter. LGT Fund Management Co Ltd. now owns 14,729 shares of the utilities provider’s stock worth $2,049,000 after acquiring an additional 8,703 shares during the last quarter. St. Johns Investment Management Company LLC lifted its stake in shares of American Water Works by 11.2% in the second quarter. St. Johns Investment Management Company LLC now owns 3,652 shares of the utilities provider’s stock worth $508,000 after acquiring an additional 368 shares during the period. Finally, Grant Private Wealth Management Inc acquired a new stake in American Water Works during the 2nd quarter valued at approximately $717,000. 86.58% of the stock is owned by institutional investors.

American Water Works Stock Down 2.1%

Shares of NYSE AWK opened at $129.83 on Wednesday. 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 cap of $25.33 billion, a PE ratio of 22.82, a P/E/G ratio of 2.84 and a beta of 0.72. The company’s fifty day simple moving average is $136.31 and its 200 day simple moving average is $140.10. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50.

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

American Water Works Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Thursday, November 13th will be issued a $0.8275 dividend. The ex-dividend date is Thursday, November 13th. This represents a $3.31 annualized dividend and a yield of 2.5%. American Water Works’s dividend payout ratio is presently 58.17%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on AWK shares. TD Cowen started coverage on shares of American Water Works in a research report on Thursday, October 16th. They issued a “hold” rating and a $155.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Thursday, November 13th. Jefferies Financial Group raised shares of American Water Works from an “underperform” rating to a “hold” rating and upped their price target for the company from $114.00 to $124.00 in a research report on Wednesday, November 5th. Mizuho set a $145.00 price target on American Water Works in a report on Tuesday, October 28th. Finally, Wells Fargo & Company initiated coverage on American Water Works in a research note on Monday, October 27th. They issued an “equal weight” rating and a $142.00 price objective on the stock. 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $143.00.

American Water Works Company 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.