PFG Advisors Has $1.74 Million Holdings in American Water Works Company, Inc. $AWK

PFG Advisors boosted its stake in American Water Works Company, Inc. (NYSE:AWK) by 28.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,502 shares of the utilities provider’s stock after purchasing an additional 2,803 shares during the quarter. PFG Advisors’ holdings in American Water Works were worth $1,739,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AWK. Brown Advisory Inc. raised its position in shares of American Water Works by 2.2% in the 1st quarter. Brown Advisory Inc. now owns 10,547 shares of the utilities provider’s stock valued at $1,556,000 after acquiring an additional 229 shares during the period. Nisa Investment Advisors LLC grew its holdings in American Water Works by 15.2% during the first quarter. Nisa Investment Advisors LLC now owns 15,889 shares of the utilities provider’s stock valued at $2,344,000 after purchasing an additional 2,100 shares during the period. Allworth Financial LP increased its stake in American Water Works by 16.9% in the first quarter. Allworth Financial LP now owns 3,724 shares of the utilities provider’s stock valued at $544,000 after purchasing an additional 539 shares in the last quarter. Fidelis Capital Partners LLC acquired a new stake in American Water Works in the first quarter worth $205,000. Finally, Xponance Inc. boosted its position in shares of American Water Works by 2.1% during the first quarter. Xponance Inc. now owns 27,452 shares of the utilities provider’s stock worth $4,050,000 after purchasing an additional 556 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on AWK. Mizuho set a $145.00 price objective on American Water Works in a research note on Tuesday, October 28th. UBS Group dropped their price target on American Water Works from $156.00 to $151.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 12th. Barclays boosted their price objective on American Water Works from $128.00 to $134.00 and gave the company an “underweight” rating in a research report on Tuesday, October 21st. Jefferies Financial Group upgraded shares of American Water Works from an “underperform” rating to a “hold” rating and raised their target price for the stock from $114.00 to $124.00 in a report on Wednesday. Finally, TD Cowen initiated coverage on shares of American Water Works in a research note on Thursday, October 16th. They issued a “hold” rating and a $155.00 price target on the stock. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $143.00.

American Water Works Stock Performance

Shares of AWK stock opened at $130.55 on Monday. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 1.15. American Water Works Company, Inc. has a 12 month low of $118.74 and a 12 month high of $155.50. The company’s fifty day simple moving average is $137.84 and its 200-day simple moving average is $140.85. The firm has a market cap of $25.47 billion, a PE ratio of 22.94, a P/E/G ratio of 2.84 and a beta of 0.72.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 EPS for the quarter, topping the consensus estimate of $1.90 by $0.04. The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.36 billion. American Water Works had a net margin of 21.93% and a return on equity of 10.57%. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.80 EPS. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Thursday, November 13th will be given a dividend of $0.8275 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $3.31 annualized dividend and a yield of 2.5%. American Water Works’s dividend payout ratio is 58.17%.

American Water Works Company 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.