Boston Common Asset Management LLC Increases Position in American Water Works Company, Inc. $AWK

Boston Common Asset Management LLC increased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 4.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 127,660 shares of the utilities provider’s stock after acquiring an additional 5,185 shares during the quarter. American Water Works makes up approximately 1.1% of Boston Common Asset Management LLC’s holdings, making the stock its 24th biggest holding. Boston Common Asset Management LLC owned approximately 0.07% of American Water Works worth $17,373,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AWK. Salomon & Ludwin LLC lifted its stake in shares of American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 81 shares during the period. Reflection Asset Management acquired a new position in American Water Works in the fourth quarter valued at $25,000. Transamerica Financial Advisors LLC lifted its position in American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after buying an additional 90 shares during the period. Nemes Rush Group LLC acquired a new stake in American Water Works in the 4th quarter worth about $27,000. Finally, Ascentis Independent Advisors acquired a new stake in American Water Works in the 1st quarter worth about $27,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Performance

Shares of NYSE:AWK opened at $135.08 on Monday. The business has a 50-day moving average of $127.56 and a two-hundred day moving average of $130.64. The firm has a market capitalization of $26.38 billion, a PE ratio of 23.95, a P/E/G ratio of 2.73 and a beta of 0.61. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $147.87.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.09). American Water Works had a net margin of 21.17% and a return on equity of 10.20%. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the firm earned $1.05 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, research analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were given a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a yield of 2.7%. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend was Tuesday, May 12th. American Water Works’s dividend payout ratio is presently 63.48%.

Analyst Upgrades and Downgrades

AWK has been the subject of a number of research analyst reports. UBS Group upped their price objective on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a research report on Tuesday, April 21st. Barclays boosted their target price on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday. JPMorgan Chase & Co. upped their price target on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Finally, Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a research note on Thursday. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $140.60.

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.