1,615,702 Shares in American Water Works Company, Inc. $AWK Purchased by Deutsche Bank AG

Deutsche Bank AG acquired a new stake in American Water Works Company, Inc. (NYSE:AWKFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,615,702 shares of the utilities provider’s stock, valued at approximately $212,594,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Empowered Funds LLC raised its stake in shares of American Water Works by 11.5% during the 1st quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock worth $872,000 after buying an additional 609 shares in the last quarter. Woodline Partners LP boosted its stake in shares of American Water Works by 40.7% in the first quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock valued at $2,429,000 after buying an additional 4,762 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in American Water Works during the second quarter worth $302,000. Cresset Asset Management LLC grew its holdings in American Water Works by 1.5% during the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock worth $816,000 after acquiring an additional 85 shares during the period. Finally, Gamco Investors INC. ET AL raised its position in American Water Works by 184.4% in the second quarter. Gamco Investors INC. ET AL now owns 5,492 shares of the utilities provider’s stock worth $764,000 after acquiring an additional 3,561 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works News Roundup

Here are the key news stories impacting American Water Works this week:

Analyst Ratings Changes

A number of research firms have commented on AWK. Truist Financial set a $139.00 target price on American Water Works in a report on Tuesday, August 4th. JPMorgan Chase & Co. increased their price target on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. UBS Group raised 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 price objective on shares of American Water Works in a report on Tuesday, April 21st. Finally, Mizuho upped their target price on shares of American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $138.78.

Read Our Latest Analysis on American Water Works

American Water Works Stock Up 1.5%

American Water Works stock opened at $136.36 on Wednesday. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $147.87. The firm has a market capitalization of $27.10 billion, a price-to-earnings ratio of 23.63, a price-to-earnings-growth ratio of 2.75 and a beta of 0.60. The stock’s fifty day moving average is $132.27 and its two-hundred day moving average is $131.35. 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 (NYSE:AWKGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the company posted $1.48 EPS. The business’s revenue was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.895 per share. The ex-dividend date is Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a yield of 2.6%. American Water Works’s payout ratio is presently 62.05%.

About American Water Works

(Free Report)

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.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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