American Water Works Company, Inc. $AWK Stock Position Boosted by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC grew its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 149.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,572 shares of the utilities provider’s stock after buying an additional 26,129 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in American Water Works were worth $5,733,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Empowered Funds LLC raised its stake in shares of American Water Works by 11.5% in the 1st quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock worth $872,000 after buying an additional 609 shares in the last quarter. Woodline Partners LP lifted its holdings in American Water Works by 40.7% in the 1st quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock valued at $2,429,000 after acquiring an additional 4,762 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of American Water Works in the 2nd quarter worth approximately $302,000. Cresset Asset Management LLC raised its holdings in shares of American Water Works by 1.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock worth $816,000 after purchasing an additional 85 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in American Water Works by 184.4% during the second quarter. Gamco Investors INC. ET AL now owns 5,492 shares of the utilities provider’s stock valued at $764,000 after purchasing an additional 3,561 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on AWK shares. Truist Financial set a $139.00 price target on American Water Works in a report on Tuesday, August 4th. JPMorgan Chase & Co. boosted their target price on American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Barclays upped their target price on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. Finally, UBS Group boosted their price target on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $138.78.

American Water Works Stock Performance

Shares of AWK opened at $140.53 on Thursday. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $145.64. The company’s fifty day moving average is $135.69 and its 200-day moving average is $132.55. The firm has a market cap of $27.93 billion, a price-to-earnings ratio of 24.35, a price-to-earnings-growth ratio of 2.86 and a beta of 0.59.

American Water Works (NYSE:AWK) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. 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 business’s quarterly revenue 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 expect that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Dividend Announcement

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

American Water Works Company Profile

American Water Works Company, Inc is a water and wastewater utility company that provides essential services to residential, commercial, industrial and public-sector customers. Through its regulated operations, the company treats and distributes drinking water, collects and treats wastewater, and manages related infrastructure such as pipelines, treatment plants, storage facilities and pumping stations.

The company also provides water and wastewater services to military installations and operates businesses serving municipalities and other public-sector customers.