American Water Works (NYSE:AWK) Announces Quarterly Earnings Results, Beats Expectations By $0.08 EPS

American Water Works (NYSE:AWKGet Free Report) issued its quarterly earnings data on Wednesday. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08, FiscalAI reports. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.38%. The business’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the company earned $1.48 earnings per share. American Water Works updated its FY 2026 guidance to 6.020-6.120 EPS.

American Water Works Price Performance

Shares of AWK traded down $1.11 during midday trading on Friday, hitting $135.70. 451,079 shares of the company traded hands, compared to its average volume of 1,978,422. The stock has a 50-day moving average of $129.35 and a 200-day moving average of $131.01. The firm has a market cap of $26.50 billion, a P/E ratio of 23.46, a PEG ratio of 2.79 and a beta of 0.61. American Water Works has a one year low of $120.57 and a one year high of $147.87. 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 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis 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%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AWK shares. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a report on Tuesday, April 21st. UBS Group boosted their target price 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. Truist Financial decreased their price target on American Water Works from $137.00 to $130.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Barclays upped 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, JPMorgan Chase & Co. increased their price target on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $140.60.

Check Out Our Latest Analysis on AWK

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Transamerica Financial Advisors LLC grew its position in American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after buying an additional 90 shares in the last quarter. DV Equities LLC purchased a new stake in shares of American Water Works during the 4th quarter valued at $35,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in American Water Works by 81.2% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 290 shares of the utilities provider’s stock worth $38,000 after buying an additional 130 shares during the last quarter. Darwin Wealth Management LLC bought a new position in American Water Works during the second quarter valued at approximately $47,000. Finally, Johnson Financial Group Inc. raised its position in American Water Works by 141.7% in the 4th quarter. Johnson Financial Group Inc. now owns 394 shares of the utilities provider’s stock worth $51,000 after purchasing an additional 231 shares during the period. Institutional investors own 86.58% of the company’s stock.

American Water Works Company Profile

(Get 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.

See Also

Earnings History for American Water Works (NYSE:AWK)

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.