Wealth Enhancement Advisory Services LLC Has $16.73 Million Stock Holdings in American Water Works Company, Inc. $AWK

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 23.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 129,680 shares of the utilities provider’s stock after selling 40,237 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in American Water Works were worth $16,725,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in AWK. Nordea Investment Management AB boosted its position in shares of American Water Works by 2.2% in the 4th quarter. Nordea Investment Management AB now owns 2,219,816 shares of the utilities provider’s stock worth $290,729,000 after purchasing an additional 47,977 shares during the last quarter. Cahaba Wealth Management Inc. increased its holdings in American Water Works by 0.6% in the fourth quarter. Cahaba Wealth Management Inc. now owns 21,385 shares of the utilities provider’s stock valued at $2,791,000 after purchasing an additional 134 shares during the last quarter. Green Alpha Advisors LLC lifted its stake in American Water Works by 19.4% in the fourth quarter. Green Alpha Advisors LLC now owns 1,869 shares of the utilities provider’s stock valued at $244,000 after buying an additional 304 shares during the period. New England Research & Management Inc. lifted its stake in American Water Works by 49.4% in the fourth quarter. New England Research & Management Inc. now owns 20,500 shares of the utilities provider’s stock valued at $2,675,000 after buying an additional 6,775 shares during the period. Finally, Board of the Pension Protection Fund bought a new position in American Water Works during the fourth quarter worth about $91,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Up 0.7%

Shares of American Water Works stock opened at $134.52 on Thursday. The company has a market capitalization of $26.27 billion, a P/E ratio of 23.64, a price-to-earnings-growth ratio of 3.11 and a beta of 0.77. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.46 and a quick ratio of 0.44. The business has a 50-day moving average of $132.31 and a two-hundred day moving average of $133.26. American Water Works Company, Inc. has a 1 year low of $121.28 and a 1 year high of $155.50.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share 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 the consensus estimate of $1.29 billion. During the same quarter last year, the firm earned $1.15 EPS. The company’s revenue for the quarter 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. As a group, equities analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Analyst Upgrades and Downgrades

AWK has been the subject of several analyst reports. Barclays decreased their target price on 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 reduced their price objective on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 20th. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Monday, December 29th. UBS Group set a $149.00 target price on shares of American Water Works in a research note on Wednesday, December 17th. Finally, Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $117.00 to $139.00 in a report on Monday, January 12th. One investment analyst has 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $140.89.

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.