American Water Works Company, Inc. $AWK Shares Sold by Terra Alpha Investments LLC

Terra Alpha Investments LLC lowered its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 1.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,545 shares of the utilities provider’s stock after selling 157 shares during the period. American Water Works accounts for approximately 1.5% of Terra Alpha Investments LLC’s portfolio, making the stock its 28th biggest holding. Terra Alpha Investments LLC’s holdings in American Water Works were worth $1,467,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AWK. Oliver Lagore Vanvalin Investment Group acquired a new stake in American Water Works in the 2nd quarter worth about $28,000. Concord Wealth Partners acquired a new stake in American Water Works in the 2nd quarter worth about $28,000. Cloud Capital Management LLC acquired a new stake in American Water Works in the 1st quarter worth about $29,000. WPG Advisers LLC acquired a new stake in American Water Works in the 1st quarter worth about $29,000. Finally, Flaharty Asset Management LLC acquired a new stake in American Water Works in the 1st quarter worth about $30,000. 86.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on AWK shares. Barclays raised their price target on American Water Works from $128.00 to $134.00 and gave the stock an “underweight” rating in a research note on Tuesday. UBS Group decreased their price target on American Water Works from $156.00 to $151.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 12th. Wells Fargo & Company cut their price objective on American Water Works from $147.00 to $141.00 and set an “equal weight” rating on the stock in a report on Friday, August 1st. TD Cowen assumed coverage on American Water Works in a report on Thursday, October 16th. They issued a “hold” rating and a $155.00 price objective on the stock. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of American Water Works in a report on Wednesday, October 8th. One 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 MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $145.75.

American Water Works Stock Performance

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

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.05). The company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. American Water Works had a net margin of 21.91% and a return on equity of 10.34%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.42 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. On average, sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Tuesday, August 12th were issued a dividend of $0.8275 per share. This represents a $3.31 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Tuesday, August 12th. American Water Works’s dividend payout ratio (DPR) is presently 59.64%.

About American Water Works

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.