Genus Capital Management Inc. Increases Stake in American Water Works Company, Inc. $AWK

Genus Capital Management Inc. increased its position in American Water Works Company, Inc. (NYSE:AWK) by 59.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 23,400 shares of the utilities provider’s stock after acquiring an additional 8,760 shares during the quarter. Genus Capital Management Inc.’s holdings in American Water Works were worth $3,255,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AWK. Oliver Lagore Vanvalin Investment Group purchased a new stake in American Water Works in the 2nd quarter worth about $28,000. Concord Wealth Partners purchased a new stake in American Water Works in the 2nd quarter worth about $28,000. WPG Advisers LLC purchased a new stake in American Water Works in the 1st quarter worth about $29,000. Flaharty Asset Management LLC bought a new position in American Water Works in the 1st quarter worth about $30,000. Finally, GoalVest Advisory LLC grew its holdings in American Water Works by 8,566.7% during the 2nd quarter. GoalVest Advisory LLC now owns 260 shares of the utilities provider’s stock valued at $36,000 after buying an additional 257 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AWK. Argus lifted their target price on American Water Works from $155.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 14th. UBS Group reduced their target price on American Water Works from $156.00 to $151.00 and set a “neutral” rating for the company in a report on Tuesday, August 12th. Wells Fargo & Company began coverage on American Water Works in a report on Monday, October 27th. They set an “equal weight” rating and a $142.00 target price for the company. TD Cowen began coverage on American Water Works in a report on Thursday, October 16th. They set a “hold” rating and a $155.00 target price for the company. Finally, Mizuho set a $145.00 target price on American Water Works in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $145.38.

American Water Works Stock Performance

Shares of AWK opened at $128.00 on Wednesday. The company has a market cap of $24.98 billion, a PE ratio of 22.50, a price-to-earnings-growth ratio of 2.84 and a beta of 0.70. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. The stock has a 50-day moving average price of $138.64 and a 200-day moving average price of $141.22. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.36 billion. American Water Works had a return on equity of 10.57% and a net margin of 21.93%.The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the company 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, equities analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Thursday, November 13th will be given a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, November 13th. American Water Works’s dividend payout ratio (DPR) is 58.17%.

American Water Works Profile

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.