MASTERINVEST Kapitalanlage GmbH bought a new stake in American Water Works Company, Inc. (NYSE:AWK – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,916 shares of the utilities provider’s stock, valued at approximately $910,000.
Other institutional investors also recently made changes to their positions in the company. Empowered Funds LLC grew its stake 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 worth $872,000 after purchasing an additional 609 shares during the period. Woodline Partners LP lifted its stake in shares of American Water Works by 40.7% in the first quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock valued at $2,429,000 after purchasing an additional 4,762 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of American Water Works in the second quarter valued at about $302,000. Cresset Asset Management LLC boosted its holdings 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 buying an additional 85 shares in the last quarter. 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 worth $764,000 after buying an additional 3,561 shares in the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
AWK has been the subject of a number of research analyst reports. Truist Financial set a $139.00 target price on shares of American Water Works in a report on Tuesday, August 4th. UBS Group boosted their price target on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Bank of America restated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Barclays raised their price objective on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research note on Wednesday, July 15th. Finally, Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $138.78.
American Water Works Trading Up 1.1%
American Water Works stock opened at $138.19 on Friday. The stock has a 50-day moving average price of $134.13 and a 200 day moving average price of $131.94. American Water Works Company, Inc. has a 52 week low of $120.57 and a 52 week high of $145.64. The stock has a market cap of $27.46 billion, a PE ratio of 23.95, a P/E/G ratio of 2.79 and a beta of 0.60. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20.
American Water Works (NYSE:AWK – Get Free Report) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.
American Water Works Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a $0.895 dividend. This represents a $3.58 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 11th. American Water Works’s payout ratio is presently 62.05%.
American Water Works Company Profile
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.
Featured Stories
- Five stocks we like better than American Water Works
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for American Water Works Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Water Works and related companies with MarketBeat.com's FREE daily email newsletter.
