4,146 Shares in American Water Works Company, Inc. $AWK Acquired by Gibbs Wealth Management

Gibbs Wealth Management bought a new stake in American Water Works Company, Inc. (NYSE:AWK) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,146 shares of the utilities provider’s stock, valued at approximately $564,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of AWK. Salomon & Ludwin LLC boosted its holdings in shares of American Water Works by 71.7% in the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 81 shares during the last quarter. Reflection Asset Management acquired a new stake in shares of American Water Works during the 4th quarter worth $25,000. Transamerica Financial Advisors LLC raised its position in shares of American Water Works by 82.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after buying an additional 90 shares during the period. Nemes Rush Group LLC purchased a new position in shares of American Water Works in the 4th quarter worth $27,000. Finally, Ascentis Independent Advisors acquired a new position in American Water Works in the first quarter valued at $27,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on AWK. Barclays upped their price target on American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. Wall Street Zen lowered shares of American Water Works from a “sell” rating to a “strong sell” rating in a report on Sunday. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. JPMorgan Chase & Co. lifted their price target 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, UBS Group boosted their price objective on shares of American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, American Water Works has a consensus rating of “Hold” and a consensus price target of $140.60.

American Water Works Trading Up 0.3%

Shares of AWK opened at $134.80 on Friday. The stock’s 50-day moving average is $128.31 and its two-hundred day moving average is $130.75. The stock has a market cap of $26.32 billion, a PE ratio of 23.90, a P/E/G ratio of 2.72 and a beta of 0.61. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $147.87. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34.

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

American Water Works Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were given a $0.895 dividend. This represents a $3.58 annualized dividend and a yield of 2.7%. 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. American Water Works’s dividend payout ratio is 63.48%.

American Water Works 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.