American Water Works Company, Inc. $AWK Shares Bought by Swedbank AB

Swedbank AB grew its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 9.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 282,861 shares of the utilities provider’s stock after acquiring an additional 25,448 shares during the quarter. Swedbank AB’s holdings in American Water Works were worth $36,913,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of American Water Works by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock valued at $3,650,543,000 after acquiring an additional 597,916 shares during the last quarter. State Street Corp increased its stake in shares of American Water Works by 1.1% during the 3rd quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock valued at $1,607,886,000 after acquiring an additional 120,870 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of American Water Works by 3.7% during the 3rd quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider’s stock worth $386,882,000 after purchasing an additional 98,042 shares during the period. Pictet Asset Management Holding SA grew its holdings in shares of American Water Works by 0.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,639,521 shares of the utilities provider’s stock worth $344,462,000 after purchasing an additional 22,827 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of American Water Works by 383.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider’s stock worth $361,355,000 after purchasing an additional 2,058,656 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on AWK shares. Wells Fargo & Company set a $131.00 target price on American Water Works in a report on Tuesday, April 21st. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Sunday, April 26th. Bank of America decreased their target price on American Water Works from $147.00 to $134.00 and set a “neutral” rating for the company in a report on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. Finally, Barclays boosted their target price on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a report on Monday, April 20th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $138.56.

American Water Works Stock Up 0.1%

Shares of NYSE:AWK opened at $125.31 on Monday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37. American Water Works Company, Inc. has a 1 year low of $121.28 and a 1 year high of $147.87. The stock has a market capitalization of $24.47 billion, a P/E ratio of 22.22, a PEG ratio of 2.72 and a beta of 0.64. The stock has a 50-day simple moving average of $132.44 and a 200-day simple moving average of $131.30.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.05 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th will be issued a $0.895 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $3.58 dividend on an annualized basis and a yield of 2.9%. This is a boost from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio (DPR) is currently 63.48%.

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.