Avanza Fonder AB Acquires 53,525 Shares of American Water Works Company, Inc. $AWK

Avanza Fonder AB increased its holdings in American Water Works Company, Inc. (NYSE:AWK) by 273.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,104 shares of the utilities provider’s stock after purchasing an additional 53,525 shares during the period. Avanza Fonder AB’s holdings in American Water Works were worth $9,540,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of American Water Works by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock worth $3,650,543,000 after buying an additional 597,916 shares in the last quarter. State Street Corp raised its stake in American Water Works by 1.1% during the third quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock worth $1,607,886,000 after acquiring an additional 120,870 shares in the last quarter. Amundi raised its stake in American Water Works by 4.8% during the second quarter. Amundi now owns 3,926,541 shares of the utilities provider’s stock worth $559,951,000 after acquiring an additional 179,127 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of American Water Works by 16.8% during the second quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock valued at $478,817,000 after acquiring an additional 494,868 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of American Water Works by 3.7% during the third quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider’s stock valued at $386,882,000 after acquiring an additional 98,042 shares during the period. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

American Water Works stock opened at $135.62 on Tuesday. The stock has a 50-day simple moving average of $132.21 and a 200 day simple moving average of $133.32. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 1.18. American Water Works Company, Inc. has a 12-month low of $121.28 and a 12-month high of $155.50. The stock has a market capitalization of $26.48 billion, a price-to-earnings ratio of 23.83, a P/E/G ratio of 3.17 and a beta of 0.77.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AWK. Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $117.00 to $139.00 in a report on Monday, January 12th. Barclays cut their price target on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a report on Wednesday, December 17th. UBS Group set a $149.00 price objective on shares of American Water Works in a research note 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 for the company in a report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. One 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. Based on data from MarketBeat, American Water Works currently has a consensus rating of “Hold” and an average price target of $140.89.

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.