Callan Family Office LLC Purchases Shares of 5,229 American Water Works Company, Inc. $AWK

Callan Family Office LLC acquired a new position in American Water Works Company, Inc. (NYSE:AWK – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,229 shares of the utilities provider’s stock, valued at approximately $688,000.

Several other institutional investors have also recently made changes to their positions in AWK. Reflection Asset Management bought a new position in American Water Works in the fourth quarter worth approximately $25,000. Transamerica Financial Advisors LLC grew its position in shares of American Water Works by 82.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 90 shares during the period. Ascentis Independent Advisors purchased a new stake in shares of American Water Works in the 1st quarter worth $27,000. Nemes Rush Group LLC purchased a new stake in shares of American Water Works in the 4th quarter worth $27,000. Finally, Harborfront Financial Group LLC bought a new position in American Water Works in the 2nd quarter worth $29,000. Institutional investors own 86.58% of the company’s stock.

Get American Water Works alerts:

American Water Works Stock Down 1.7%

AWK opened at $137.58 on Wednesday. The stock has a market cap of $27.34 billion, a price-to-earnings ratio of 23.84, a price-to-earnings-growth ratio of 2.85 and a beta of 0.60. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. The firm’s fifty day moving average is $133.40 and its 200 day moving average is $131.73. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $145.64.

American Water Works (NYSE:AWK – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.American Water Works’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, sell-side analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a dividend of $0.895 per share. The ex-dividend date is Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. American Water Works’s dividend payout ratio (DPR) is currently 62.05%.

Analyst Ratings Changes

Several research firms recently weighed in on AWK. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Wednesday, June 24th. Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a research note on Thursday, July 16th. UBS Group lifted their price objective on American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. Finally, Truist Financial set a $139.00 target price on shares of American Water Works in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $138.78.

Get Our Latest Analysis on AWK

American Water Works Profile

(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.

Read More

• Five stocks we like better than American Water Works
• Pathward’s Credit Scare Tests Its Comeback Story
• Wiring the AI Boom: Rumble’s $13.7B Pivot
• StoneX: Too Far Too Fast?
• DICK’s Sporting Goods Faces Pain Now for a Bigger Prize

Want to see what other hedge funds are holding AWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Water Works Company, Inc. (NYSE:AWK – Free Report).

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.