American Water Works Company, Inc. $AWK Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. trimmed its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 7.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,272 shares of the utilities provider’s stock after selling 3,907 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in American Water Works were worth $6,301,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of AWK. American National Bank & Trust bought a new position in shares of American Water Works during the third quarter worth about $26,000. Grey Fox Wealth Advisors LLC acquired a new stake in American Water Works during the third quarter valued at approximately $27,000. Concord Wealth Partners bought a new position in American Water Works during the 2nd quarter worth approximately $28,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of American Water Works in the 3rd quarter worth approximately $28,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of American Water Works in the 2nd quarter valued at approximately $29,000. Institutional investors own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AWK shares. Barclays dropped their price target on American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research report on Wednesday, December 17th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a report on Monday, December 29th. Jefferies Financial Group upgraded shares of American Water Works from an “underperform” rating to a “hold” rating and raised their price target for the stock from $114.00 to $124.00 in a research report on Wednesday, November 5th. UBS Group set a $149.00 price objective on shares of American Water Works in a research report on Wednesday, December 17th. Finally, Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $117.00 to $139.00 in a research note on Monday, January 12th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $139.60.

American Water Works Trading Down 1.4%

Shares of NYSE:AWK opened at $131.44 on Wednesday. The company has a quick ratio of 0.39, a current ratio of 0.42 and a debt-to-equity ratio of 1.19. The company’s 50-day moving average price is $130.63 and its 200 day moving average price is $136.62. The company has a market cap of $25.65 billion, a PE ratio of 23.10, a P/E/G ratio of 3.10 and a beta of 0.76. American Water Works Company, Inc. has a fifty-two week low of $120.63 and a fifty-two week high of $155.50.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 EPS for the quarter, beating the consensus estimate of $1.90 by $0.04. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.36 billion. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. American Water Works’s revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.80 earnings per share. 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. Sell-side analysts anticipate 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 declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 10th will be given a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, February 10th. American Water Works’s payout ratio is 58.17%.

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.