American Water Works Company, Inc. $AWK Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 46.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,792 shares of the utilities provider’s stock after acquiring an additional 9,173 shares during the period. Nisa Investment Advisors LLC’s holdings in American Water Works were worth $4,116,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AWK. Versant Capital Management Inc lifted its holdings in shares of American Water Works by 6.6% in the 2nd quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider’s stock worth $158,000 after acquiring an additional 74 shares during the last quarter. CoreCap Advisors LLC raised its position in American Water Works by 21.1% in the 3rd quarter. CoreCap Advisors LLC now owns 453 shares of the utilities provider’s stock worth $62,000 after purchasing an additional 79 shares during the period. Eastern Bank lifted its stake in American Water Works by 2.9% in the third quarter. Eastern Bank now owns 2,945 shares of the utilities provider’s stock worth $381,000 after purchasing an additional 82 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in American Water Works by 13.7% in the second quarter. Parkside Financial Bank & Trust now owns 806 shares of the utilities provider’s stock worth $106,000 after purchasing an additional 97 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in American Water Works by 1.0% in the first quarter. CENTRAL TRUST Co now owns 10,672 shares of the utilities provider’s stock worth $1,452,000 after purchasing an additional 108 shares during the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Performance

Shares of NYSE:AWK opened at $142.83 on Friday. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. The company has a 50-day moving average price of $135.13 and a 200-day moving average price of $131.97. The company has a market cap of $28.38 billion, a price-to-earnings ratio of 24.75, a price-to-earnings-growth ratio of 2.92 and a beta of 0.58. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $144.14.

American Water Works (NYSE:AWK) last posted its 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 company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%. American Water Works’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts anticipate that American Water Works Company, Inc. will post 6.08 EPS for the current year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a $0.8950 dividend. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is currently 62.05%.

Analyst Upgrades and Downgrades

AWK has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on 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 raised American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 2nd. Mizuho increased their target price on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. Finally, Truist Financial set a $139.00 price target on American Water Works in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, American Water Works presently has a consensus rating of “Hold” and a consensus target price of $136.75.

American Water Works Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.