Pictet Asset Management Holding SA Cuts Stake in American Water Works Company, Inc. $AWK

Posted by Francis Steltz on Jun 29th, 2026

Pictet Asset Management Holding SA lessened its position in American Water Works Company, Inc. (NYSE:AWK – Free Report) by 61.5% in the 1st quarter, Holdings Channel reports. The fund owned 1,017,404 shares of the utilities provider’s stock after selling 1,622,117 shares during the period. Pictet Asset Management Holding SA’s holdings in American Water Works were worth $138,469,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in AWK. Salomon & Ludwin LLC boosted its holdings in American Water Works by 71.7% in the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 81 shares in the last quarter. Reflection Asset Management acquired a new stake in shares of American Water Works in the 4th quarter valued at approximately $25,000. Transamerica Financial Advisors LLC lifted its holdings in shares of American Water Works by 82.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after buying an additional 90 shares during the period. Nemes Rush Group LLC acquired a new stake in shares of American Water Works in the 4th quarter valued at approximately $27,000. Finally, MV Capital Management Inc. purchased a new stake in shares of American Water Works in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $137.00 to $140.00 in a report on Friday, May 29th. Barclays boosted their target price on shares of American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research report on Monday, April 20th. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 26th. Bank of America cut their price target on shares of American Water Works from $147.00 to $134.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Finally, Truist Financial decreased their price objective on shares of American Water Works from $137.00 to $130.00 and set a “hold” rating on the stock in a report on Friday, May 29th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, American Water Works currently has an average rating of “Hold” and an average price target of $138.11.

Read Our Latest Stock Report on American Water Works

American Water Works Stock Down 0.3%

AWK opened at $132.34 on Monday. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $147.87. The company has a market cap of $25.84 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 2.88 and a beta of 0.62. The business’s fifty day moving average is $126.81 and its two-hundred day moving average is $130.47. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37.

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 (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.09). American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the firm earned $1.05 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts anticipate that American Water Works Company, Inc. will post 6.08 EPS for the current fiscal year.

American Water Works Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 12th were paid a $0.895 dividend. This represents a $3.58 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, May 12th. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio is presently 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.