Analysts Set American Water Works Company, Inc. (NYSE:AWK) Price Target at $140.11

Shares of American Water Works Company, Inc. (NYSE:AWK – Get Free Report) have been assigned a consensus recommendation of “Hold” from the ten research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $140.1111.

AWK has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a research note on Thursday, July 16th. Truist Financial set a $139.00 target price on American Water Works in a report on Tuesday, August 4th. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. Finally, Mizuho upped their price target on shares of American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st.

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Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in American Water Works in the second quarter worth about $2,712,173,000. Wellington Management Group LLP lifted its position in shares of American Water Works by 35.2% in the second quarter. Wellington Management Group LLP now owns 14,911,963 shares of the utilities provider’s stock worth $1,962,116,000 after purchasing an additional 3,883,057 shares in the last quarter. GQG Partners LLC bought a new stake in shares of American Water Works in the 2nd quarter valued at approximately $1,171,477,000. Geode Capital Management LLC boosted its position in American Water Works by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider’s stock worth $655,025,000 after purchasing an additional 33,359 shares during the period. Finally, Amundi grew its holdings in American Water Works by 4.3% in the 1st quarter. Amundi now owns 4,351,056 shares of the utilities provider’s stock valued at $592,081,000 after buying an additional 179,127 shares during the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Trading Down 1.5%

Shares of AWK stock opened at $136.12 on Monday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49. American Water Works has a 1-year low of $120.57 and a 1-year high of $145.64. The stock has a market capitalization of $27.05 billion, a PE ratio of 23.59, a P/E/G ratio of 2.82 and a beta of 0.59. The business has a 50-day moving average of $136.34 and a 200 day moving average of $132.79.

American Water Works (NYSE:AWK – Get Free Report) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter last year, the company posted $1.48 earnings per share. The firm’s quarterly revenue was up 6.2% 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 anticipate that American Water Works will post 6.09 earnings per share for the current year.

American Water Works Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a $0.895 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $3.58 annualized dividend and a yield of 2.6%. American Water Works’s dividend payout ratio is currently 62.05%.

American Water Works Company Profile

(Get Free Report)

American Water Works Company, Inc is a water and wastewater utility company that provides essential services to residential, commercial, industrial and public-sector customers. Through its regulated operations, the company treats and distributes drinking water, collects and treats wastewater, and manages related infrastructure such as pipelines, treatment plants, storage facilities and pumping stations.

The company also provides water and wastewater services to military installations and operates businesses serving municipalities and other public-sector customers.

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