97,156 Shares in American Water Works Company, Inc. $AWK Acquired by Nykredit A S

Nykredit A S acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 97,156 shares of the utilities provider’s stock, valued at approximately $12,784,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AWK. Versant Capital Management Inc raised its position in shares of American Water Works by 6.6% in the second quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider’s stock valued at $158,000 after buying an additional 74 shares during the last quarter. Faithward Advisors LLC grew its stake in American Water Works by 5.4% during the 3rd quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock valued at $223,000 after acquiring an additional 82 shares in the last quarter. Cresset Asset Management LLC grew its stake in American Water Works by 1.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock valued at $816,000 after acquiring an additional 85 shares in the last quarter. Transamerica Financial Advisors LLC raised its holdings in American Water Works by 82.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 90 shares during the last quarter. Finally, Focused Wealth Management Inc lifted its stake in American Water Works by 4.1% in the 1st quarter. Focused Wealth Management Inc now owns 2,376 shares of the utilities provider’s stock worth $323,000 after purchasing an additional 93 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on AWK. Bank of America restated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. JPMorgan Chase & Co. upped their target price on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Barclays lifted their price target on American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a report on Wednesday, July 15th. Finally, Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $138.78.

American Water Works Trading Down 0.3%

Shares of American Water Works stock opened at $140.49 on Friday. The stock has a 50 day moving average of $135.18 and a 200 day moving average of $132.38. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. The firm has a market capitalization of $27.92 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 2.87 and a beta of 0.59. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $145.64.

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

American Water Works Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were paid a dividend of $0.895 per share. This represents a $3.58 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is 62.05%.

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.