MSH Capital Advisors LLC Invests $2.66 Million in American Water Works Company, Inc. $AWK

MSH Capital Advisors LLC bought a new position in American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 20,238 shares of the utilities provider’s stock, valued at approximately $2,663,000.

A number of other large investors have also recently modified their holdings of AWK. BlackRock Inc. bought a new stake in American Water Works during the second quarter valued at approximately $2,712,173,000. State Street Corp grew its stake in shares of American Water Works by 4.2% during the fourth quarter. State Street Corp now owns 12,037,823 shares of the utilities provider’s stock valued at $1,570,936,000 after buying an additional 486,090 shares during the last quarter. Wellington Management Group LLP grew its position in American Water Works by 3,274.6% during the 4th quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider’s stock worth $925,605,000 after acquiring an additional 6,882,575 shares during the last quarter. GQG Partners LLC grew its holdings in shares of American Water Works by 64.2% in the fourth quarter. GQG Partners LLC now owns 6,493,161 shares of the utilities provider’s stock worth $847,361,000 after purchasing an additional 2,539,683 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of American Water Works by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider’s stock valued at $655,025,000 after acquiring an additional 33,359 shares during the period. Institutional investors own 86.58% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Barclays boosted their target price on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research note on Wednesday, July 15th. JPMorgan Chase & Co. increased their target price on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. UBS Group upped their price objective on American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Mizuho upped their price target on American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $138.78.

American Water Works Price Performance

AWK stock opened at $138.49 on Thursday. The stock has a market cap of $27.52 billion, a PE ratio of 24.00, a P/E/G ratio of 2.75 and a beta of 0.60. The company has a 50-day moving average price of $132.51 and a 200 day moving average price of $131.41. 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 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 issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the prior year, the business posted $1.48 earnings per share. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts anticipate 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 will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. 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.