Segall Bryant & Hamill LLC Acquires Shares of 21,251 American Water Works Company, Inc. $AWK

Segall Bryant & Hamill LLC purchased a new stake in American Water Works Company, Inc. (NYSE:AWK) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 21,251 shares of the utilities provider’s stock, valued at approximately $2,855,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Salomon & Ludwin LLC boosted its stake in American Water Works by 71.7% in the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after buying an additional 81 shares in the last quarter. Faithward Advisors LLC lifted its holdings in shares of American Water Works by 5.4% in the third quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock worth $223,000 after acquiring an additional 82 shares during the last quarter. PFG Investments LLC boosted its stake in shares of American Water Works by 0.6% in the 4th quarter. PFG Investments LLC now owns 13,108 shares of the utilities provider’s stock valued at $1,711,000 after purchasing an additional 84 shares in the last quarter. Cresset Asset Management LLC boosted its stake in shares of American Water Works by 1.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock valued at $816,000 after purchasing an additional 85 shares in the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in American Water Works by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 5,121 shares of the utilities provider’s stock worth $668,000 after purchasing an additional 87 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AWK. UBS Group raised their target price on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Truist Financial set a $139.00 price target on American Water Works in a report on Tuesday. Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a report on Tuesday, April 21st. Barclays boosted their price objective on shares of American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. Finally, Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $140.90.

American Water Works Price Performance

Shares of NYSE AWK opened at $134.16 on Wednesday. The company has a market capitalization of $26.66 billion, a PE ratio of 23.25, a P/E/G ratio of 2.65 and a beta of 0.60. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a twelve month low of $120.57 and a twelve month high of $147.87. The firm has a fifty day simple moving average of $129.85 and a 200 day simple moving average of $131.05.

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

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.7%. American Water Works’s dividend payout ratio (DPR) is 62.05%.

About American Water Works

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.