American Water Works Company, Inc. $AWK Shares Acquired by Ameriprise Financial Inc.

Ameriprise Financial Inc. grew its stake in American Water Works Company, Inc. (NYSE:AWK) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,871,808 shares of the utilities provider’s stock after buying an additional 40,696 shares during the period. Ameriprise Financial Inc. owned 0.96% of American Water Works worth $259,831,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in AWK. American National Bank & Trust purchased a new stake in American Water Works in the third quarter valued at approximately $26,000. Grey Fox Wealth Advisors LLC acquired a new stake in American Water Works during the 3rd quarter valued at approximately $27,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in American Water Works during the 3rd quarter valued at approximately $28,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of American Water Works in the 2nd quarter valued at $29,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of American Water Works in the 3rd quarter valued at $29,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

American Water Works Stock Performance

Shares of NYSE AWK opened at $139.20 on Tuesday. The company has a market capitalization of $27.17 billion, a PE ratio of 24.46, a price-to-earnings-growth ratio of 3.26 and a beta of 0.77. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46. The company’s fifty day moving average price is $131.41 and its 200 day moving average price is $133.50. American Water Works Company, Inc. has a 1 year low of $121.28 and a 1 year high of $155.50.

American Water Works (NYSE:AWK) last released its quarterly earnings data 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 analysts’ expectations of $1.29 billion. During the same period in the previous year, the firm posted $1.15 EPS. 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. On average, research analysts predict 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.