5,780 Shares in American Water Works Company, Inc. $AWK Acquired by Quantitative Investment Management LLC

Quantitative Investment Management LLC acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,780 shares of the utilities provider’s stock, valued at approximately $760,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AWK. Reflection Asset Management purchased a new stake in American Water Works in the fourth quarter valued at approximately $25,000. Ascentis Independent Advisors purchased a new stake in shares of American Water Works during the first quarter worth approximately $27,000. Transamerica Financial Advisors LLC raised its holdings in American Water Works by 82.6% in the 4th 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 last quarter. Nemes Rush Group LLC acquired a new position in American Water Works during the fourth quarter worth $27,000. Finally, Harborfront Financial Group LLC acquired a new position in shares of American Water Works during the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Trading Down 0.7%

Shares of AWK stock opened at $137.25 on Wednesday. American Water Works Company, Inc. has a twelve month low of $120.57 and a twelve month high of $145.64. The firm has a 50-day moving average price of $134.61 and a 200 day moving average price of $132.19. The company has a market capitalization of $27.28 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 2.82 and a beta of 0.59. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.08. The business had revenue of $1.35 billion for 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 revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a dividend of $0.895 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. American Water Works’s dividend payout ratio (DPR) is presently 62.05%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. Barclays upped their price objective on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research note on Wednesday, July 15th. Finally, UBS Group lifted their target price on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $138.78.

About American Water Works

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.