Nvwm LLC Purchases 423 Shares of American Water Works Company, Inc. $AWK

Nvwm LLC grew its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,935 shares of the utilities provider’s stock after buying an additional 423 shares during the quarter. Nvwm LLC’s holdings in American Water Works were worth $2,217,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Oliver Lagore Vanvalin Investment Group bought a new stake in American Water Works during the second quarter worth $28,000. WPG Advisers LLC purchased a new stake in shares of American Water Works during the 1st quarter valued at $29,000. Flaharty Asset Management LLC bought a new stake in shares of American Water Works during the 1st quarter worth $30,000. Concord Wealth Partners bought a new stake in shares of American Water Works during the 2nd quarter worth $28,000. Finally, GoalVest Advisory LLC boosted its holdings in shares of American Water Works by 8,566.7% in the 2nd quarter. GoalVest Advisory LLC now owns 260 shares of the utilities provider’s stock worth $36,000 after buying an additional 257 shares during the last quarter. 86.58% of the stock is owned by institutional investors.

American Water Works Trading Down 1.1%

Shares of American Water Works stock opened at $129.48 on Friday. The company’s 50-day moving average price is $138.09 and its 200-day moving average price is $141.07. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50. The company has a market cap of $25.26 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 2.84 and a beta of 0.72.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 EPS for the quarter, beating the consensus estimate 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 net margin of 21.93% and a return on equity of 10.57%. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $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. On average, equities analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Barclays boosted their target price on shares of American Water Works from $128.00 to $134.00 and gave the company an “underweight” rating in a research note on Tuesday, October 21st. Wells Fargo & Company initiated coverage on American Water Works in a research report on Monday, October 27th. They issued an “equal weight” rating and a $142.00 target price for the company. TD Cowen initiated coverage on American Water Works in a research note on Thursday, October 16th. They set a “hold” rating and a $155.00 price target for the company. Mizuho set a $145.00 price objective on American Water Works in a report on Tuesday, October 28th. Finally, Cowen began coverage on shares of American Water Works in a report on Wednesday, October 15th. They set a “hold” rating on the stock. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $143.00.

About American Water Works

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.