Trivium Point Advisory LLC Sells 13,217 Shares of American Water Works Company, Inc. $AWK

Trivium Point Advisory LLC reduced its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 60.4% in the third quarter, Holdings Channel reports. The firm owned 8,676 shares of the utilities provider’s stock after selling 13,217 shares during the period. Trivium Point Advisory LLC’s holdings in American Water Works were worth $1,208,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AWK. American National Bank & Trust bought a new stake in American Water Works during the third quarter valued at $26,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of American Water Works during the 3rd quarter valued at about $27,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of American Water Works during the third quarter worth about $28,000. Elevation Point Wealth Partners LLC purchased a new position in shares of American Water Works during the second quarter worth about $29,000. Finally, Cloud Capital Management LLC bought a new position in shares of American Water Works in the third quarter worth approximately $29,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

AWK stock opened at $135.84 on Friday. The firm has a market cap of $26.52 billion, a P/E ratio of 23.87, a P/E/G ratio of 3.17 and a beta of 0.77. The firm’s fifty day moving average is $130.06 and its 200 day moving average is $134.17. American Water Works Company, Inc. has a 52 week low of $121.28 and a 52 week high of $155.50. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.04). American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the company earned $1.15 earnings per share. The business’s quarterly revenue was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. 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 business also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 10th will be given a dividend of $0.8275 per share. This represents a $3.31 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, February 10th. American Water Works’s dividend payout ratio (DPR) is presently 58.17%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AWK. Barclays dropped their target price on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research report 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. Jefferies Financial Group raised American Water Works from an “underperform” rating to a “hold” rating and increased their target price for the company from $114.00 to $124.00 in a research note on Wednesday, November 5th. UBS Group set a $149.00 price target on American Water Works in a research report on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, American Water Works currently has a consensus rating of “Hold” and a consensus target price of $140.89.

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.