IFM Investors Pty Ltd Has $8.62 Million Stock Holdings in American Water Works Company, Inc. $AWK

IFM Investors Pty Ltd decreased its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 9.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,312 shares of the utilities provider’s stock after selling 6,548 shares during the quarter. IFM Investors Pty Ltd’s holdings in American Water Works were worth $8,616,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AWK. Patton Fund Management Inc. increased its position in American Water Works by 10.0% during the first quarter. Patton Fund Management Inc. now owns 1,867 shares of the utilities provider’s stock worth $254,000 after buying an additional 169 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of American Water Works by 22.2% in the first quarter. Janney Montgomery Scott LLC now owns 104,743 shares of the utilities provider’s stock worth $14,255,000 after buying an additional 19,043 shares during the last quarter. apricus wealth LLC bought a new stake in shares of American Water Works during the 1st quarter worth about $208,000. Louisiana State Employees Retirement System bought a new stake in shares of American Water Works during the 1st quarter worth about $1,347,000. Finally, Kestra Private Wealth Services LLC increased its holdings in shares of American Water Works by 21.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 16,209 shares of the utilities provider’s stock valued at $2,206,000 after acquiring an additional 2,892 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Trading Up 3.6%

Shares of AWK opened at $136.56 on Friday. The firm has a market capitalization of $26.67 billion, a price-to-earnings ratio of 24.21, a P/E/G ratio of 2.86 and a beta of 0.61. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $147.87. The stock’s 50-day moving average price is $126.91 and its 200 day moving average price is $130.57. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.09). American Water Works had a net margin of 21.17% and a return on equity of 10.20%. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the firm earned $1.05 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, research analysts predict that American Water Works Company, Inc. will post 6.08 earnings per share for the current year.

American Water Works Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 12th were given a dividend of $0.895 per share. This is an increase from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date was Tuesday, May 12th. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. American Water Works’s dividend payout ratio is 63.48%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wells Fargo & Company set a $131.00 price objective on American Water Works in a research note on Tuesday, April 21st. UBS Group increased their price target on American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Wednesday, June 24th. Barclays boosted their price objective on shares of American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research note on Monday, April 20th. Finally, Bank of America lowered their target price on shares of American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $139.22.

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.