American Water Works Company, Inc. $AWK Shares Acquired by St. Johns Investment Management Company LLC

St. Johns Investment Management Company LLC increased its position in American Water Works Company, Inc. (NYSE:AWK) by 11.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,652 shares of the utilities provider’s stock after acquiring an additional 368 shares during the period. St. Johns Investment Management Company LLC’s holdings in American Water Works were worth $508,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group acquired a new position in American Water Works during the second quarter worth approximately $28,000. WPG Advisers LLC purchased a new position in shares of American Water Works in the first quarter valued at $29,000. Flaharty Asset Management LLC purchased a new position in shares of American Water Works in the first quarter valued at $30,000. Cloud Capital Management LLC acquired a new stake in American Water Works in the first quarter valued at $29,000. Finally, Concord Wealth Partners acquired a new stake in American Water Works in the second quarter valued at $28,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of American Water Works in a report on Wednesday, October 8th. Argus increased their target price on shares of American Water Works from $155.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. TD Cowen assumed coverage on shares of American Water Works in a report on Thursday, October 16th. They issued a “hold” rating and a $155.00 target price for the company. Barclays raised their target price on shares of American Water Works from $128.00 to $134.00 and gave the stock an “underweight” rating in a report on Tuesday. Finally, Mizuho raised their price target on shares of American Water Works from $148.00 to $149.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $145.75.

American Water Works Trading Down 0.9%

NYSE:AWK opened at $144.14 on Wednesday. American Water Works Company, Inc. has a 12 month low of $118.74 and a 12 month high of $155.50. The firm has a market cap of $28.12 billion, a price-to-earnings ratio of 25.97, a P/E/G ratio of 3.49 and a beta of 0.70. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 1.15. The company’s 50 day moving average is $140.72 and its 200-day moving average is $141.97.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, July 30th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.05). American Water Works had a net margin of 21.91% and a return on equity of 10.34%. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the business earned $1.42 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. Equities analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Tuesday, August 12th were given a $0.8275 dividend. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.3%. American Water Works’s dividend payout ratio (DPR) is currently 59.64%.

American Water Works Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.