Barclays PLC Sells 229,917 Shares of American Water Works Company, Inc. $AWK

Barclays PLC cut its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 37.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 379,300 shares of the utilities provider’s stock after selling 229,917 shares during the quarter. Barclays PLC owned approximately 0.19% of American Water Works worth $52,795,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AWK. American National Bank & Trust purchased a new position in American Water Works during the 3rd quarter worth $26,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of American Water Works in the 3rd quarter worth $27,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of American Water Works during the 3rd quarter worth $28,000. Elevation Point Wealth Partners LLC bought a new position in shares of American Water Works during the 2nd quarter worth $29,000. Finally, Cloud Capital Management LLC purchased a new position in shares of American Water Works during the third quarter valued at $29,000. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of American Water Works stock opened at $137.48 on Tuesday. The company has a market capitalization of $26.84 billion, a PE ratio of 24.16, a P/E/G ratio of 3.21 and a beta of 0.77. The company has a 50-day simple moving average of $130.72 and a two-hundred day simple moving average of $133.77. American Water Works Company, Inc. has a one year low of $121.28 and a one year high of $155.50. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.04). American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the business posted $1.15 earnings per share. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AWK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. UBS Group set a $149.00 price target on shares of American Water Works in a research report on Wednesday, December 17th. Wells Fargo & Company dropped their price objective on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 20th. Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $117.00 to $139.00 in a report on Monday, January 12th. Finally, Barclays reduced their price objective on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $140.89.

American Water Works 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.