American Water Works Company, Inc. $AWK Shares Bought by Level Four Advisory Services LLC

Level Four Advisory Services LLC lifted its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 3.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,185 shares of the utilities provider’s stock after acquiring an additional 1,259 shares during the quarter. Level Four Advisory Services LLC’s holdings in American Water Works were worth $5,451,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of AWK. Cetera Investment Advisers raised its holdings in shares of American Water Works by 37.8% in the first quarter. Cetera Investment Advisers now owns 62,772 shares of the utilities provider’s stock worth $9,260,000 after acquiring an additional 17,222 shares during the last quarter. LPL Financial LLC increased its position in American Water Works by 37.3% during the 1st quarter. LPL Financial LLC now owns 349,963 shares of the utilities provider’s stock worth $51,627,000 after purchasing an additional 94,987 shares in the last quarter. Mackenzie Financial Corp raised its stake in American Water Works by 16.1% in the 1st quarter. Mackenzie Financial Corp now owns 15,655 shares of the utilities provider’s stock valued at $2,309,000 after purchasing an additional 2,173 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in American Water Works by 5.0% in the 1st quarter. Foundations Investment Advisors LLC now owns 1,726 shares of the utilities provider’s stock valued at $255,000 after purchasing an additional 82 shares in the last quarter. Finally, Vestcor Inc boosted its stake in shares of American Water Works by 3.3% during the 1st quarter. Vestcor Inc now owns 7,399 shares of the utilities provider’s stock worth $1,092,000 after purchasing an additional 237 shares during the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Performance

American Water Works stock opened at $130.18 on Friday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.35 and a quick ratio of 0.32. 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 fifty day moving average price of $135.15 and a two-hundred day moving average price of $139.29. The company has a market cap of $25.40 billion, a PE ratio of 22.88, a P/E/G ratio of 2.84 and a beta of 0.72.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, October 29th. The utilities provider reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. The company 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%.American Water Works’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.80 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. FY 2026 guidance at 6.020-6.120 EPS. Research analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Thursday, November 13th will be issued a $0.8275 dividend. The ex-dividend date is Thursday, November 13th. This represents a $3.31 annualized dividend and a dividend yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is 58.17%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AWK. UBS Group decreased their price target on American Water Works from $156.00 to $151.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 12th. Wells Fargo & Company began coverage on shares of American Water Works in a research report on Monday, October 27th. They issued an “equal weight” rating and a $142.00 target price 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 report on Tuesday, October 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Tuesday. Finally, Jefferies Financial Group raised shares of American Water Works from an “underperform” rating to a “hold” rating and boosted their price objective for the company from $114.00 to $124.00 in a research note on Wednesday, November 5th. One analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $143.00.

American Water Works Company 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.