Castlefield Investment Partners LLP Takes $3.99 Million Position in American Water Works Company, Inc. $AWK

Castlefield Investment Partners LLP acquired a new position in shares of American Water Works Company, Inc. (NYSE:AWK) during the second quarter, Holdings Channel reports. The fund acquired 30,317 shares of the utilities provider’s stock, valued at approximately $3,989,000. American Water Works accounts for approximately 2.7% of Castlefield Investment Partners LLP’s portfolio, making the stock its 16th largest holding.

Several other large investors also recently made changes to their positions in the company. Reflection Asset Management acquired a new position in American Water Works during the 4th quarter worth approximately $25,000. Transamerica Financial Advisors LLC boosted its holdings in American Water Works by 82.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 90 shares in the last quarter. Nemes Rush Group LLC acquired a new stake in American Water Works in the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new stake in American Water Works in the first quarter valued at approximately $27,000. Finally, MV Capital Management Inc. bought a new stake in shares of American Water Works during the fourth quarter valued at approximately $29,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. UBS Group upped their target price on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Barclays boosted their price target 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. Truist Financial set a $139.00 price objective on shares of American Water Works in a report on Tuesday, August 4th. Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. upped their target price on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. One research 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $138.78.

American Water Works Trading Up 0.2%

NYSE:AWK opened at $135.66 on Monday. American Water Works Company, Inc. has a 52 week low of $120.57 and a 52 week high of $147.84. The firm has a 50-day moving average price of $132.95 and a two-hundred day moving average price of $131.54. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. The firm has a market cap of $26.96 billion, a price-to-earnings ratio of 23.51, a price-to-earnings-growth ratio of 2.76 and a beta of 0.60.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The company’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, equities analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be given a $0.895 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $3.58 annualized dividend and a yield of 2.6%. American Water Works’s payout ratio is currently 62.05%.

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.