55,266 Shares in American Water Works Company, Inc. $AWK Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new stake in American Water Works Company, Inc. (NYSE:AWK) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 55,266 shares of the utilities provider’s stock, valued at approximately $7,692,000.

Other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in American Water Works in the 2nd quarter worth approximately $344,645,000. Invesco Ltd. raised its stake in shares of American Water Works by 16.8% during the second quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock worth $478,817,000 after acquiring an additional 494,868 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings 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. lifted its holdings 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. boosted its stake in shares of American Water Works by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 25,629,133 shares of the utilities provider’s stock valued at $3,565,269,000 after purchasing an additional 380,870 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

American Water Works Trading Down 0.3%

NYSE:AWK opened at $130.98 on Thursday. The company has a market cap of $25.56 billion, a PE ratio of 23.02, a price-to-earnings-growth 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. The company has a 50 day simple moving average of $130.65 and a two-hundred day simple moving average of $136.58. American Water Works Company, Inc. has a 12 month low of $120.63 and a 12 month high of $155.50.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.04. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.36 billion. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the business 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. Research analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 10th will be paid a $0.8275 dividend. This represents a $3.31 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, February 10th. American Water Works’s dividend payout ratio is 58.17%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AWK. Mizuho set a $145.00 price target on shares of American Water Works in a research note on Tuesday, October 28th. UBS Group set a $149.00 price objective on shares of American Water Works in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $117.00 to $139.00 in a report on Monday, January 12th. Finally, Barclays decreased their price objective on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock 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.