American Water Works Company, Inc. $AWK Shares Purchased by Odyssean LLC

Odyssean LLC increased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 111.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,536 shares of the utilities provider’s stock after buying an additional 12,415 shares during the quarter. Odyssean LLC’s holdings in American Water Works were worth $3,097,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Man Group plc purchased a new stake in American Water Works in the second quarter valued at approximately $756,000. Jupiter Topco LLC acquired a new stake in shares of American Water Works in the second quarter valued at approximately $33,941,000. Hsbc Holdings PLC purchased a new position in shares of American Water Works during the second quarter worth approximately $73,527,000. EFG International AG purchased a new position in shares of American Water Works during the second quarter worth approximately $3,608,000. Finally, Ancora Advisors LLC acquired a new position in shares of American Water Works in the 2nd quarter valued at $178,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Trading Down 0.3%

NYSE:AWK opened at $140.49 on Friday. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $145.64. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. The stock’s 50 day simple moving average is $135.18 and its 200-day simple moving average is $132.38. The firm has a market cap of $27.92 billion, a P/E ratio of 24.35, a PEG ratio of 2.87 and a beta of 0.59.

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 during the quarter, compared to the consensus estimate of $1.33 billion. During the same period last year, the company earned $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 analysts anticipate that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were paid a $0.895 dividend. This represents a $3.58 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is 62.05%.

Analyst Upgrades and Downgrades

Several research firms recently commented on AWK. Mizuho upped their price target on shares of American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. UBS Group raised 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 report on Thursday, July 2nd. Bank of America restated a “neutral” rating on shares of American Water Works in a research note on Thursday, July 16th. Barclays upped their target price on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. increased their target price on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $138.78.

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.