American Water Works Company, Inc. $AWK Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in American Water Works Company, Inc. (NYSE:AWK) by 20.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,917 shares of the utilities provider’s stock after acquiring an additional 28,338 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in American Water Works were worth $24,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new position in American Water Works in the 2nd quarter worth approximately $344,645,000. Invesco Ltd. grew its holdings in American Water Works by 16.8% in the 2nd quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock valued at $478,817,000 after buying an additional 494,868 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of American Water Works by 928.1% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 531,260 shares of the utilities provider’s stock worth $73,904,000 after acquiring an additional 479,586 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of American Water Works by 81.8% in the 2nd quarter. Raymond James Financial Inc. now owns 1,043,899 shares of the utilities provider’s stock worth $145,217,000 after acquiring an additional 469,641 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of American Water Works by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 25,629,133 shares of the utilities provider’s stock worth $3,565,269,000 after acquiring an additional 380,870 shares during the period. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Down 0.3%

American Water Works stock opened at $130.98 on Thursday. The firm has a market capitalization of $25.56 billion, a P/E ratio of 23.02, a P/E/G ratio of 3.05 and a beta of 0.76. The company has a current ratio of 0.42, a quick ratio of 0.39 and a debt-to-equity ratio of 1.19. American Water Works Company, Inc. has a twelve month low of $120.63 and a twelve month high of $155.50. The stock’s fifty day simple moving average is $130.65 and its 200-day simple moving average is $136.58.

American Water Works (NYSE:AWK) last released its 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 during the quarter, compared to analysts’ expectations of $1.36 billion. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.American Water Works’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 and its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts expect 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, March 3rd. Stockholders of record on Tuesday, February 10th will be issued a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, February 10th. American Water Works’s dividend payout ratio (DPR) is presently 58.17%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Mizuho set a $145.00 price objective on shares of American Water Works in a research report on Tuesday, October 28th. TD Cowen began 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 for the company. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $117.00 to $139.00 in a report on Monday, January 12th. Barclays reduced their target price on American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research report on Wednesday, December 17th. Finally, Wells Fargo & Company lowered their target price on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Water Works presently has a consensus rating of “Hold” and a consensus target price of $139.60.

American Water Works Company Profile

American Water Works Company, Inc (NYSE: AWK) is a publicly traded utility company that provides water and wastewater services in the United States. Its core business is the operation, management and maintenance of regulated water and wastewater systems that deliver potable water, collect and treat wastewater, and provide related customer services to residential, commercial and industrial customers as well as municipalities. The company’s operations include water treatment and distribution, wastewater collection and treatment, meter reading and billing, emergency repairs, and long-term infrastructure planning and capital project execution.

In addition to its regulated utility operations, American Water offers complementary nonregulated services and solutions that support system reliability and customer needs.