West Family Investments Inc. Acquires New Holdings in American Water Works Company, Inc. $AWK

West Family Investments Inc. acquired a new position in shares of American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,494 shares of the utilities provider’s stock, valued at approximately $486,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AWK. Oliver Lagore Vanvalin Investment Group bought a new stake in American Water Works in the 2nd quarter valued at $28,000. Concord Wealth Partners bought a new stake in American Water Works during the second quarter worth $28,000. WPG Advisers LLC acquired a new position in American Water Works during the first quarter worth approximately $29,000. Elevation Point Wealth Partners LLC acquired a new position in shares of American Water Works during the 2nd quarter worth approximately $29,000. Finally, Flaharty Asset Management LLC bought a new position in shares of American Water Works in the first quarter valued at about $30,000. 86.58% of the stock is currently owned by institutional investors.

American Water Works Stock Up 0.3%

Shares of NYSE AWK opened at $130.18 on Friday. The company has a market cap of $25.40 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 2.84 and a beta of 0.72. The company has a current ratio of 0.35, a quick ratio of 0.32 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 stock has a 50-day moving average price of $135.15 and a two-hundred day moving average price of $139.33.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.04. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.36 billion. American Water Works had a net margin of 21.93% and a return on equity of 10.57%. The firm’s revenue 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. As a group, 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Thursday, November 13th will be issued 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 dividend yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is 58.17%.

Analyst Ratings Changes

AWK has been the subject of several recent research reports. Barclays boosted their price target on American Water Works from $128.00 to $134.00 and gave the company an “underweight” rating in a research note on Tuesday, October 21st. Argus raised their price target on American Water Works from $155.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. TD Cowen assumed coverage on shares of American Water Works in a research report on Thursday, October 16th. They set a “hold” rating and a $155.00 price objective for the company. Cowen initiated coverage on shares of American Water Works in a report on Wednesday, October 15th. They issued a “hold” rating on the stock. Finally, Mizuho set a $145.00 target price on shares of American Water Works in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $143.00.

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.