Lombard Odier Asset Management Europe Ltd Trims Position in American Water Works Company, Inc. $AWK

Lombard Odier Asset Management Europe Ltd trimmed its position in American Water Works Company, Inc. (NYSE:AWK) by 51.4% during the 4th quarter, HoldingsChannel reports. The firm owned 25,704 shares of the utilities provider’s stock after selling 27,132 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in American Water Works were worth $3,354,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in American Water Works in the 4th quarter worth $337,004,000. GQG Partners LLC boosted its holdings in shares of American Water Works by 64.2% during the 4th quarter. GQG Partners LLC now owns 6,493,161 shares of the utilities provider’s stock valued at $847,361,000 after purchasing an additional 2,539,683 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of American Water Works by 383.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider’s stock valued at $361,355,000 after purchasing an additional 2,058,656 shares during the last quarter. Impax Asset Management Group plc raised its position in shares of American Water Works by 38.0% during the 4th quarter. Impax Asset Management Group plc now owns 2,386,873 shares of the utilities provider’s stock valued at $311,487,000 after buying an additional 657,849 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of American Water Works by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock valued at $3,650,543,000 after buying an additional 597,916 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

American Water Works Price Performance

NYSE AWK opened at $128.51 on Wednesday. American Water Works Company, Inc. has a 52-week low of $120.57 and a 52-week high of $147.87. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37. The firm’s 50 day moving average price is $128.09 and its 200-day moving average price is $130.61. The company has a market cap of $25.10 billion, a PE ratio of 22.79, a P/E/G ratio of 2.75 and a beta of 0.62.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The business’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts forecast that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 12th were paid a $0.895 dividend. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.8%. American Water Works’s payout ratio is presently 63.48%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on AWK shares. Truist Financial decreased their target price on shares of American Water Works from $137.00 to $130.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Bank of America reduced their price objective on shares of American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $137.00 to $140.00 in a research report on Friday, May 29th. Finally, Barclays increased their price objective on shares of American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research report on Monday, April 20th. Two equities research 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. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $138.11.

About American Water Works

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.