SFE Investment Counsel Sells 7,397 Shares of American Water Works Company, Inc. $AWK

SFE Investment Counsel cut its position in American Water Works Company, Inc. (NYSE:AWK) by 16.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,643 shares of the utilities provider’s stock after selling 7,397 shares during the quarter. SFE Investment Counsel’s holdings in American Water Works were worth $4,912,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in AWK. Grey Fox Wealth Advisors LLC purchased a new position in shares of American Water Works in the 3rd quarter worth about $27,000. Salomon & Ludwin LLC boosted its holdings in shares of American Water Works by 71.7% in the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 81 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of American Water Works in the 3rd quarter worth about $28,000. Cloud Capital Management LLC purchased a new position in shares of American Water Works in the 3rd quarter worth about $29,000. Finally, Westfuller Advisors LLC purchased a new position in shares of American Water Works in the 3rd quarter worth about $33,000. 86.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AWK has been the subject of a number of research reports. Wells Fargo & Company set a $131.00 price objective on American Water Works in a report on Tuesday, April 21st. Truist Financial initiated coverage on American Water Works in a report on Tuesday, April 21st. They issued a “hold” rating and a $137.00 price objective for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Sunday, April 26th. Finally, Barclays upped their price objective on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a report on Monday, April 20th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $139.11.

American Water Works Trading Down 0.3%

AWK opened at $127.33 on Thursday. The business has a 50 day simple moving average of $134.01 and a two-hundred day simple moving average of $131.69. The firm has a market capitalization of $24.86 billion, a price-to-earnings ratio of 22.58, a PEG ratio of 2.82 and a beta of 0.64. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. American Water Works Company, Inc. has a one year low of $121.28 and a one year high of $147.87.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.17 billion. American Water Works had a net margin of 21.17% and a return on equity of 10.20%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.05 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th will be given a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, May 12th. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio is currently 63.48%.

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.