18,933 Shares in American Water Works Company, Inc. $AWK Acquired by XTX Topco Ltd

XTX Topco Ltd bought a new position in American Water Works Company, Inc. (NYSE:AWK) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 18,933 shares of the utilities provider’s stock, valued at approximately $2,634,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Avantax Advisory Services Inc. grew its stake in shares of American Water Works by 1.4% in the first quarter. Avantax Advisory Services Inc. now owns 13,699 shares of the utilities provider’s stock worth $2,021,000 after acquiring an additional 190 shares during the period. Cetera Investment Advisers grew its position in American Water Works by 37.8% in the 1st quarter. Cetera Investment Advisers now owns 62,772 shares of the utilities provider’s stock worth $9,260,000 after purchasing an additional 17,222 shares during the period. HB Wealth Management LLC grew its position in American Water Works by 52.8% in the 1st quarter. HB Wealth Management LLC now owns 5,108 shares of the utilities provider’s stock worth $754,000 after purchasing an additional 1,764 shares during the period. LPL Financial LLC lifted its holdings in shares of American Water Works by 37.3% during the 1st quarter. LPL Financial LLC now owns 349,963 shares of the utilities provider’s stock valued at $51,627,000 after buying an additional 94,987 shares during the period. Finally, Mackenzie Financial Corp boosted its stake in shares of American Water Works by 16.1% in the 1st quarter. Mackenzie Financial Corp now owns 15,655 shares of the utilities provider’s stock worth $2,309,000 after buying an additional 2,173 shares during the last quarter. 86.58% of the stock is owned by institutional investors.

American Water Works Trading Down 0.3%

American Water Works stock opened at $129.97 on Thursday. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50. The firm has a market capitalization of $25.36 billion, a price-to-earnings ratio of 22.84, a P/E/G ratio of 2.84 and a beta of 0.72. The firm has a 50 day moving average of $135.36 and a 200 day moving average of $139.42. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.04. American Water Works had a net margin of 21.93% and a return on equity of 10.57%. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the prior year, the company posted $1.80 earnings per share. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. FY 2026 guidance at 6.020-6.120 EPS. As a group, research analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Thursday, November 13th will be given a dividend of $0.8275 per share. The ex-dividend date is Thursday, November 13th. This represents a $3.31 annualized dividend and a dividend yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is currently 58.17%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AWK. Cowen started coverage on American Water Works in a research report on Wednesday, October 15th. They set a “hold” rating for the company. Jefferies Financial Group upgraded American Water Works from an “underperform” rating to a “hold” rating and boosted their price target for the company from $114.00 to $124.00 in a research note on Wednesday, November 5th. UBS Group lowered their price objective on shares of American Water Works from $156.00 to $151.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 12th. TD Cowen started coverage on shares of American Water Works in a report on Thursday, October 16th. They issued a “hold” rating and a $155.00 price objective on the stock. Finally, Barclays boosted their target price on shares of American Water Works from $128.00 to $134.00 and gave the company an “underweight” rating in a research report on Tuesday, October 21st. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $143.00.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.