9,843 Shares of American Water Works Company, Inc. $AWK Bought by NBT Bank N.A.

NBT Bank N.A. acquired a new position in American Water Works Company, Inc. (NYSE:AWK) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,843 shares of the utilities provider’s stock, valued at approximately $1,274,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Ascentis Independent Advisors acquired a new position in shares of American Water Works in the first quarter worth $27,000. Harborfront Financial Group LLC purchased a new stake in shares of American Water Works during the second quarter worth $29,000. Global Assets Advisory LLC purchased a new stake in shares of American Water Works during the first quarter worth $33,000. Lodestone Wealth Management LLC raised its stake in shares of American Water Works by 361.0% in the third quarter. Lodestone Wealth Management LLC now owns 272 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 213 shares in the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in shares of American Water Works in the second quarter valued at $43,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on AWK. Weiss Ratings raised American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 2nd. Mizuho lifted their price target on shares of American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. JPMorgan Chase & Co. increased their price objective on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Finally, Truist Financial set a $139.00 price objective on shares of American Water Works in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, American Water Works currently has a consensus rating of “Hold” and an average target price of $136.75.

American Water Works Stock Performance

Shares of AWK opened at $142.83 on Friday. The company’s 50 day simple moving average is $135.13 and its 200-day simple moving average is $131.97. The firm has a market cap of $28.38 billion, a PE ratio of 24.75, a price-to-earnings-growth ratio of 2.92 and a beta of 0.58. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $144.14. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the previous year, the company posted $1.48 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts predict that American Water Works Company, Inc. will post 6.08 EPS for the current year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were given a $0.8950 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $3.58 annualized dividend and a yield of 2.5%. American Water Works’s dividend payout ratio is presently 62.05%.

American Water Works Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.