Eurizon Capital SGR S.p.A. boosted its position in shares of American Water Works Company, Inc. (NYSE:AWK – Free Report) by 9.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 580,630 shares of the utilities provider’s stock after buying an additional 50,571 shares during the period. Eurizon Capital SGR S.p.A. owned approximately 0.29% of American Water Works worth $76,394,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co raised its holdings in shares of American Water Works by 2.7% during the 3rd quarter. CENTRAL TRUST Co now owns 10,368 shares of the utilities provider’s stock worth $1,349,000 after acquiring an additional 276 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of American Water Works by 57.6% during the 3rd quarter. Fifth Third Bancorp now owns 88,091 shares of the utilities provider’s stock valued at $12,415,000 after acquiring an additional 32,203 shares during the last quarter. King Luther Capital Management Corp grew its holdings in shares of American Water Works by 5,433.9% in the third quarter. King Luther Capital Management Corp now owns 91,199 shares of the utilities provider’s stock valued at $11,808,000 after purchasing an additional 89,551 shares in the last quarter. New Mexico Educational Retirement Board grew its holdings in shares of American Water Works by 71.1% in the third quarter. New Mexico Educational Retirement Board now owns 16,600 shares of the utilities provider’s stock valued at $2,149,000 after purchasing an additional 6,900 shares in the last quarter. Finally, Ritholtz Wealth Management grew its holdings in shares of American Water Works by 598.7% in the third quarter. Ritholtz Wealth Management now owns 11,591 shares of the utilities provider’s stock valued at $1,501,000 after purchasing an additional 9,932 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.
American Water Works Trading Down 1.4%
Shares of AWK stock opened at $147.62 on Friday. The company has a market cap of $29.39 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 3.05 and a beta of 0.56. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $153.69. The stock’s 50 day simple moving average is $137.61 and its two-hundred day simple moving average is $133.23. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.39 and a quick ratio of 0.36.
American Water Works (NYSE:AWK – Get Free Report) last announced its earnings results on Wednesday, October 28th. The utilities provider reported $2.00 EPS for the quarter, missing analysts’ consensus estimates of $2.04 by ($0.04). The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.58 billion. American Water Works had a return on equity of 10.14% and a net margin of 21.26%. American Water Works’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.94 EPS. 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 declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Thursday, November 12th will be issued a dividend of $0.8950 per share. This represents a $3.58 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, November 12th. American Water Works’s dividend payout ratio is presently 62.05%.
Top American Water Works Stories
Investors following AWK have been watching these stories:
- Neutral Sentiment: Infrastructure investment: West Virginia American Water announced $580,000 in water-system upgrades in Oak Hill. The project supports system improvements, though its scale is modest relative to AWK. Oak Hill infrastructure upgrades
- Neutral Sentiment: Other operating news: New Jersey American Water opened its 2027 volunteer fire and EMS grant program, with awards of up to $5,000. Indiana American Water also called for more water and wastewater infrastructure investment. These announcements provide local context but did not disclose a material financial impact. New Jersey grant program
- Neutral Sentiment: PFAS settlement credits: Tennessee American Water said customers received additional credits from manufacturer settlement proceeds, bringing total credits to more than $84 per customer. The release does not indicate a new company charge. Tennessee PFAS settlement credits
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on AWK. Wall Street Zen upgraded shares of American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a research note on Thursday, July 16th. Weiss Ratings upgraded shares of American Water Works from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, November 2nd. Barclays dropped their price objective on shares of American Water Works from $130.00 to $127.00 and set an “underweight” rating for the company in a research note on Monday, October 19th. Finally, Argus boosted their target price on shares of American Water Works from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, American Water Works presently has a consensus rating of “Hold” and a consensus price target of $144.12.
View Our Latest Research Report on American Water Works
American Water Works Company Profile
American Water Works Company, Inc. is a U.S. water and wastewater utility that provides services to residential, commercial, industrial, and public-sector customers. Its operations include treating and distributing drinking water, collecting and treating wastewater, and maintaining the infrastructure needed to deliver those services. The company operates regulated water and wastewater utilities across multiple states, serving communities in regions including the Northeast, Midwest, and South. Through contracted operations, it also provides water and wastewater services to certain military installations and municipal customers.
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