American Water Works Company, Inc. $AWK Position Increased by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 15.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,165 shares of the utilities provider’s stock after purchasing an additional 4,168 shares during the quarter. SG Americas Securities LLC’s holdings in American Water Works were worth $4,338,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AWK. HB Wealth Management LLC grew its position in shares of American Water Works by 21.3% during the third quarter. HB Wealth Management LLC now owns 4,826 shares of the utilities provider’s stock worth $672,000 after acquiring an additional 848 shares during the last quarter. Caldwell Trust Co boosted its stake in American Water Works by 70.7% during the 3rd quarter. Caldwell Trust Co now owns 884 shares of the utilities provider’s stock valued at $123,000 after purchasing an additional 366 shares during the period. CX Institutional grew its position in American Water Works by 215.1% in the 3rd quarter. CX Institutional now owns 4,730 shares of the utilities provider’s stock worth $658,000 after purchasing an additional 3,229 shares during the last quarter. Asset Advisors Investment Management LLC increased its stake in shares of American Water Works by 0.8% in the third quarter. Asset Advisors Investment Management LLC now owns 96,446 shares of the utilities provider’s stock valued at $13,424,000 after purchasing an additional 721 shares during the period. Finally, Cerity Partners LLC raised its holdings in shares of American Water Works by 2.0% during the third quarter. Cerity Partners LLC now owns 249,551 shares of the utilities provider’s stock valued at $34,735,000 after buying an additional 4,815 shares during the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Cowen assumed coverage on American Water Works in a report on Wednesday, October 15th. They issued a “hold” rating for the company. Wells Fargo & Company initiated coverage on American Water Works in a research note on Monday, October 27th. They issued an “equal weight” rating and a $142.00 price target for the company. Barclays cut their price objective on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research note on Wednesday, December 17th. UBS Group set a $149.00 target price on shares of American Water Works in a research report on Wednesday, December 17th. Finally, Mizuho set a $145.00 target price on shares of American Water Works in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $141.44.

American Water Works Price Performance

NYSE:AWK opened at $127.94 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.42 and a debt-to-equity ratio of 1.19. The business’s 50-day moving average price is $130.20 and its 200 day moving average price is $136.99. American Water Works Company, Inc. has a 52-week low of $118.74 and a 52-week high of $155.50. The firm has a market cap of $24.97 billion, a P/E ratio of 22.49, a PEG ratio of 3.10 and a beta of 0.76.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.04. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.36 billion. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.80 EPS. 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. As a group, sell-side analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 10th will be given a $0.8275 dividend. The ex-dividend date is Tuesday, February 10th. This represents a $3.31 annualized dividend and a yield of 2.6%. American Water Works’s payout ratio is 58.17%.

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.