249,175 Shares in American Water Works Company, Inc. $AWK Bought by Osterweis Capital Management Inc.

Osterweis Capital Management Inc. acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 249,175 shares of the utilities provider’s stock, valued at approximately $32,786,000. American Water Works accounts for approximately 1.5% of Osterweis Capital Management Inc.’s investment portfolio, making the stock its 22nd biggest position.

Several other large investors have also recently made changes to their positions in the business. Reflection Asset Management bought a new stake in shares of American Water Works during the 4th quarter worth $25,000. Transamerica Financial Advisors LLC grew its position in American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after buying an additional 90 shares during the period. Nemes Rush Group LLC purchased a new stake in American Water Works during the fourth quarter worth about $27,000. Ascentis Independent Advisors purchased a new stake in American Water Works during the first quarter worth about $27,000. Finally, MV Capital Management Inc. bought a new stake in American Water Works in the fourth quarter worth about $29,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AWK has been the topic of a number of research analyst reports. Truist Financial set a $139.00 target price on shares of American Water Works in a research note on Tuesday, August 4th. UBS Group lifted their price target on shares of American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. Finally, Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $138.78.

American Water Works Trading Up 3.3%

Shares of American Water Works stock opened at $139.90 on Tuesday. American Water Works Company, Inc. has a 52-week low of $120.57 and a 52-week high of $146.29. The stock’s 50-day simple moving average is $133.22 and its 200 day simple moving average is $131.64. The stock has a market capitalization of $27.80 billion, a P/E ratio of 24.25, a P/E/G ratio of 2.76 and a beta of 0.60. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52.

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

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works’s dividend payout ratio is presently 62.05%.

American Water Works 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.