Sterling Capital Management LLC Has $895,000 Position in American Water Works Company, Inc. $AWK

Posted by Geri Gentry on Jul 1st, 2026

Sterling Capital Management LLC lessened its holdings in American Water Works Company, Inc. (NYSE:AWK – Free Report) by 43.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 6,580 shares of the utilities provider’s stock after selling 4,987 shares during the period. Sterling Capital Management LLC’s holdings in American Water Works were worth $895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in AWK. Empowered Funds LLC boosted its position in shares of American Water Works by 11.5% during the 1st quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock valued at $872,000 after acquiring an additional 609 shares in the last quarter. Woodline Partners LP raised its position in American Water Works by 40.7% in the first quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock worth $2,429,000 after purchasing an additional 4,762 shares in the last quarter. Sivia Capital Partners LLC bought a new position in American Water Works during the second quarter worth about $302,000. Cresset Asset Management LLC lifted its stake in American Water Works by 1.5% during the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock worth $816,000 after purchasing an additional 85 shares during the period. Finally, Gamco Investors INC. ET AL boosted its holdings in American Water Works by 184.4% during the second quarter. Gamco Investors INC. ET AL now owns 5,492 shares of the utilities provider’s stock valued at $764,000 after purchasing an additional 3,561 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 26th. Barclays increased their price objective on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research note on Monday, April 20th. Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a research note on Tuesday, April 21st. Finally, Bank of America lowered their target price on shares of American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $138.11.

Get Our Latest Report on AWK

American Water Works Stock Down 0.5%

Shares of AWK opened at $131.82 on Wednesday. The company has a market capitalization of $25.74 billion, a P/E ratio of 23.37, a PEG ratio of 2.88 and a beta of 0.62. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $147.87. The business’s 50 day simple moving average is $126.86 and its 200-day simple moving average is $130.52.

American Water Works (NYSE:AWK – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). American Water Works had a net margin of 21.17% and a return on equity of 10.20%. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the business earned $1.05 earnings per share. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts predict that American Water Works Company, Inc. will post 6.08 EPS for the current fiscal year.

American Water Works Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 12th were paid a $0.895 dividend. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date was Tuesday, May 12th. American Water Works’s dividend payout ratio is 63.48%.

About American Water Works

(Free Report)

American Water Works Company, Inc (NYSE: AWK) is a publicly traded utility company that provides water and wastewater services in the United States. Its core business is the operation, management and maintenance of regulated water and wastewater systems that deliver potable water, collect and treat wastewater, and provide related customer services to residential, commercial and industrial customers as well as municipalities. The company’s operations include water treatment and distribution, wastewater collection and treatment, meter reading and billing, emergency repairs, and long-term infrastructure planning and capital project execution.

In addition to its regulated utility operations, American Water offers complementary nonregulated services and solutions that support system reliability and customer needs.