6,507 Shares in American Water Works Company, Inc. $AWK Purchased by Guardian Partners Inc.

Guardian Partners Inc. bought a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,507 shares of the utilities provider’s stock, valued at approximately $842,000.

Several other institutional investors and hedge funds have also modified their holdings of AWK. Quadrant Capital Group LLC boosted its position in American Water Works by 475.6% during the third quarter. Quadrant Capital Group LLC now owns 10,039 shares of the utilities provider’s stock valued at $1,300,000 after purchasing an additional 8,295 shares during the last quarter. Pinnacle Associates Ltd. grew its stake in American Water Works by 8.5% in the third quarter. Pinnacle Associates Ltd. now owns 4,011 shares of the utilities provider’s stock valued at $519,000 after purchasing an additional 315 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in American Water Works by 46.8% in the third quarter. Nisa Investment Advisors LLC now owns 28,792 shares of the utilities provider’s stock valued at $4,116,000 after purchasing an additional 9,173 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in American Water Works by 291.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 100,806 shares of the utilities provider’s stock valued at $14,116,000 after purchasing an additional 75,054 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its position in American Water Works by 91.1% in the 3rd quarter. Diversify Advisory Services LLC now owns 6,035 shares of the utilities provider’s stock worth $781,000 after purchasing an additional 2,877 shares during the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

American Water Works Stock Performance

AWK opened at $134.78 on Thursday. The company has a market cap of $26.78 billion, a PE ratio of 23.41, a price-to-earnings-growth ratio of 2.77 and a beta of 0.58. The stock has a 50-day moving average of $134.87 and a 200-day moving average of $131.85. American Water Works Company, Inc. has a 52-week low of $120.57 and a 52-week high of $145.42. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the prior year, the firm posted $1.48 EPS. The firm’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. As a group, equities research analysts forecast that American Water Works Company, Inc. will post 6.08 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were given a dividend of $0.8950 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a yield of 2.7%. American Water Works’s dividend payout ratio is presently 62.05%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AWK shares. Truist Financial set a $139.00 price target on American Water Works in a research note on Tuesday, August 4th. JPMorgan Chase & Co. lifted their price target on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Weiss Ratings raised American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 2nd. Mizuho boosted their price target on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Finally, Bank of America restated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $136.75.

American Water Works Company Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.