BSW Wealth Partners Purchases New Shares in American Water Works Company, Inc. $AWK

BSW Wealth Partners acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 5,000 shares of the utilities provider’s stock, valued at approximately $696,000.

Several other large investors also recently made changes to their positions in AWK. Werlinich Asset Management LLC raised its holdings in shares of American Water Works by 1.9% in the third quarter. Werlinich Asset Management LLC now owns 4,044 shares of the utilities provider’s stock valued at $563,000 after buying an additional 75 shares during the last quarter. Obermeyer Wealth Partners increased its position in American Water Works by 3.4% in the 2nd quarter. Obermeyer Wealth Partners now owns 2,280 shares of the utilities provider’s stock valued at $317,000 after acquiring an additional 76 shares in the last quarter. Birchcreek Wealth Management LLC raised its stake in shares of American Water Works by 5.4% in the second quarter. Birchcreek Wealth Management LLC now owns 1,558 shares of the utilities provider’s stock worth $217,000 after acquiring an additional 80 shares during the last quarter. Safe Harbor Fiduciary LLC lifted its position in shares of American Water Works by 2.7% during the second quarter. Safe Harbor Fiduciary LLC now owns 3,075 shares of the utilities provider’s stock worth $428,000 after purchasing an additional 81 shares in the last quarter. Finally, Cresset Asset Management LLC grew its stake in shares of American Water Works by 1.5% during the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock valued at $816,000 after purchasing an additional 85 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AWK. TD Cowen began coverage on shares of American Water Works in a research report on Thursday, October 16th. They issued a “hold” rating and a $155.00 price objective for the company. Barclays dropped their target price on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research report on Wednesday, December 17th. Jefferies Financial Group upgraded American Water Works from an “underperform” rating to a “hold” rating and raised their price target for the company from $114.00 to $124.00 in a report on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Monday. Finally, Wells Fargo & Company assumed coverage on shares of American Water Works in a research report on Monday, October 27th. They set an “equal weight” rating and a $142.00 target price on the stock. One research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $141.44.

American Water Works Price Performance

Shares of AWK opened at $130.66 on Friday. The stock has a market cap of $25.50 billion, a P/E ratio of 22.96, a price-to-earnings-growth ratio of 3.38 and a beta of 0.76. American Water Works Company, Inc. has a 1 year low of $118.74 and a 1 year high of $155.50. The stock’s 50-day moving average price is $132.10 and its two-hundred day moving average price is $137.93. The company has a current ratio of 0.42, a quick ratio of 0.39 and a debt-to-equity ratio of 1.19.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period last year, the company posted $1.80 EPS. American Water Works’s revenue for the quarter was up 9.7% on a year-over-year basis. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. On average, equities analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 10th will be given a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, February 10th. American Water Works’s dividend payout ratio (DPR) is currently 58.17%.

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.