American Water Works Company, Inc. $AWK Stock Position Raised by Sigma Planning Corp

Sigma Planning Corp lifted its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 34.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 10,956 shares of the utilities provider’s stock after purchasing an additional 2,815 shares during the quarter. Sigma Planning Corp’s holdings in American Water Works were worth $1,524,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of AWK. World Investment Advisors grew its position in shares of American Water Works by 20.5% during the 1st quarter. World Investment Advisors now owns 5,530 shares of the utilities provider’s stock valued at $816,000 after buying an additional 939 shares during the last quarter. Penserra Capital Management LLC grew its position in shares of American Water Works by 97.0% during the 1st quarter. Penserra Capital Management LLC now owns 2,768 shares of the utilities provider’s stock valued at $407,000 after buying an additional 1,363 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of American Water Works by 3.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 693,078 shares of the utilities provider’s stock valued at $102,243,000 after buying an additional 20,621 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its position in shares of American Water Works by 174.3% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 15,005 shares of the utilities provider’s stock valued at $2,214,000 after buying an additional 9,535 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in shares of American Water Works by 2.2% during the 1st quarter. Brown Advisory Inc. now owns 10,547 shares of the utilities provider’s stock valued at $1,556,000 after buying an additional 229 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

AWK has been the subject of a number of recent research reports. UBS Group lowered their price objective on shares of American Water Works from $156.00 to $151.00 and set a “neutral” rating for the company in a research report on Tuesday, August 12th. Cowen began coverage on shares of American Water Works in a research report on Wednesday, October 15th. They issued a “hold” rating for the company. Weiss Ratings restated a “hold (c+)” rating on shares of American Water Works in a research report on Wednesday, October 8th. Wells Fargo & Company began coverage on shares of American Water Works in a research report on Monday, October 27th. They issued an “equal weight” rating and a $142.00 target price for the company. Finally, Jefferies Financial Group upgraded shares of American Water Works from an “underperform” rating to a “hold” rating and upped their target price for the stock from $114.00 to $124.00 in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $143.00.

American Water Works Trading Up 2.4%

Shares of NYSE:AWK opened at $131.16 on Thursday. The company has a 50 day moving average of $138.36 and a 200-day moving average of $141.15. The firm has a market cap of $25.59 billion, a P/E ratio of 23.05, a P/E/G ratio of 2.84 and a beta of 0.70. American Water Works Company, Inc. has a twelve month low of $118.74 and a twelve month high of $155.50. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.04. The company had revenue of $1.45 billion during 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 10.57%. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.80 EPS. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. FY 2026 guidance at 6.020-6.120 EPS. As a group, analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Thursday, November 13th will be paid a $0.8275 dividend. This represents a $3.31 annualized dividend and a yield of 2.5%. The ex-dividend date is Thursday, November 13th. American Water Works’s dividend payout ratio is currently 58.17%.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.