American Water Works Company, Inc. $AWK Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 33.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 190,730 shares of the utilities provider’s stock after buying an additional 47,913 shares during the period. Quantinno Capital Management LP’s holdings in American Water Works were worth $25,957,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Salomon & Ludwin LLC boosted its stake in shares of American Water Works by 71.7% in the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after buying an additional 81 shares in the last quarter. Reflection Asset Management purchased a new position in American Water Works in the fourth quarter worth $25,000. Transamerica Financial Advisors LLC lifted its holdings in American Water Works by 82.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 90 shares during the period. Nemes Rush Group LLC acquired a new stake in American Water Works in the fourth quarter valued at $27,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of American Water Works during the 1st quarter worth $27,000. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Stock Down 1.7%

American Water Works stock opened at $134.47 on Friday. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $147.87. The firm has a market capitalization of $26.72 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 2.77 and a beta of 0.61. The stock’s fifty day moving average is $129.54 and its two-hundred day moving average is $131.04. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.34 and a current ratio of 0.52.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.08. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The business’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a $0.895 dividend. This represents a $3.58 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, August 11th. American Water Works’s dividend payout ratio is 62.05%.

Wall Street Analysts Forecast Growth

AWK has been the topic of a number of recent analyst reports. Barclays upped their price target on shares of American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. JPMorgan Chase & Co. raised their price objective on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Bank of America restated a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Finally, Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $140.10.

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.