15,824 Shares in American Water Works Company, Inc. $AWK Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI bought a new stake in American Water Works Company, Inc. (NYSE:AWK) during the second quarter, Holdings Channel reports. The fund bought 15,824 shares of the utilities provider’s stock, valued at approximately $2,082,000.

A number of other institutional investors have also recently added to or reduced their stakes in AWK. Trust Co. of Vermont purchased a new position in shares of American Water Works in the 2nd quarter worth about $183,000. Focused Wealth Management Inc purchased a new stake in shares of American Water Works during the 2nd quarter worth about $315,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of American Water Works during the 2nd quarter worth about $63,625,000. OneDigital Investment Advisors LLC acquired a new stake in American Water Works during the 2nd quarter worth approximately $481,000. Finally, Plato Investment Management Ltd acquired a new stake in American Water Works during the 2nd quarter worth approximately $3,941,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

AWK has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a research note on Tuesday, April 21st. JPMorgan Chase & Co. increased their price objective 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. Barclays lifted 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, July 15th. Finally, Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $138.78.

American Water Works Stock Performance

Shares of NYSE:AWK opened at $134.57 on Tuesday. The company has a market cap of $26.74 billion, a P/E ratio of 23.32, a PEG ratio of 2.75 and a beta of 0.60. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $147.87. The business’s 50-day simple moving average is $132.05 and its 200 day simple moving average is $131.28.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the prior year, the business earned $1.48 EPS. American Water Works’s quarterly revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, sell-side analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, August 11th. American Water Works’s payout ratio is presently 62.05%.

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.