Aberdeen Group plc Purchases 47,352 Shares of American Water Works Company, Inc. $AWK

Aberdeen Group plc increased its position in American Water Works Company, Inc. (NYSE:AWK) by 10.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 489,371 shares of the utilities provider’s stock after purchasing an additional 47,352 shares during the period. Aberdeen Group plc owned 0.25% of American Water Works worth $63,863,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. New York State Common Retirement Fund raised its position in American Water Works by 14.5% in the third quarter. New York State Common Retirement Fund now owns 350,471 shares of the utilities provider’s stock worth $48,782,000 after acquiring an additional 44,336 shares during the period. Wesbanco Bank Inc. grew its position in shares of American Water Works by 5.6% during the 3rd quarter. Wesbanco Bank Inc. now owns 85,976 shares of the utilities provider’s stock valued at $11,967,000 after acquiring an additional 4,553 shares during the period. Nordea Investment Management AB grew its position in shares of American Water Works by 2.2% during the 4th quarter. Nordea Investment Management AB now owns 2,219,816 shares of the utilities provider’s stock valued at $290,729,000 after acquiring an additional 47,977 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of American Water Works by 31.7% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 136,504 shares of the utilities provider’s stock worth $19,000,000 after purchasing an additional 32,834 shares in the last quarter. Finally, Swedbank AB increased its position in American Water Works by 88.5% in the third quarter. Swedbank AB now owns 257,413 shares of the utilities provider’s stock worth $35,829,000 after buying an additional 120,890 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $117.00 to $139.00 in a report on Monday, January 12th. UBS Group set a $149.00 price target on American Water Works in a research note on Wednesday, December 17th. Wells Fargo & Company cut their target price on American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Barclays decreased their target price on 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $140.89.

American Water Works Trading Down 0.2%

AWK opened at $137.93 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 1.18. The stock’s fifty day moving average is $133.08 and its two-hundred day moving average is $133.21. The company has a market capitalization of $26.93 billion, a P/E ratio of 24.24, a PEG ratio of 3.22 and a beta of 0.74. American Water Works Company, Inc. has a 52 week low of $121.28 and a 52 week high of $155.50.

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

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.