TSP Capital Management Group LLC Takes $1.56 Million Position in American Water Works Company, Inc. $AWK

TSP Capital Management Group LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWK) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,950 shares of the utilities provider’s stock, valued at approximately $1,559,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Werlinich Asset Management LLC raised its holdings in shares of American Water Works by 1.9% in the third quarter. Werlinich Asset Management LLC now owns 4,044 shares of the utilities provider’s stock valued at $563,000 after buying an additional 75 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in American Water Works by 2.0% during the third quarter. Oppenheimer Asset Management Inc. now owns 3,856 shares of the utilities provider’s stock worth $537,000 after purchasing an additional 77 shares in the last quarter. SeaCrest Wealth Management LLC raised its holdings in American Water Works by 3.5% during the fourth quarter. SeaCrest Wealth Management LLC now owns 2,269 shares of the utilities provider’s stock worth $289,000 after purchasing an additional 77 shares in the last quarter. Peddock Capital Advisors LLC raised its holdings in American Water Works by 2.9% during the fourth quarter. Peddock Capital Advisors LLC now owns 2,824 shares of the utilities provider’s stock worth $369,000 after purchasing an additional 79 shares in the last quarter. Finally, Cahaba Wealth Management Inc. raised its holdings in American Water Works by 0.4% during the third quarter. Cahaba Wealth Management Inc. now owns 21,251 shares of the utilities provider’s stock worth $2,958,000 after purchasing an additional 80 shares in the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AWK has been the subject of several analyst reports. UBS Group set a $149.00 price target on shares of American Water Works in a report on Wednesday, December 17th. Barclays cut their price target on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a report on Wednesday, December 17th. Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $117.00 to $139.00 in a report on Monday, January 12th. Wells Fargo & Company cut their price target 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $140.89.

American Water Works Trading Down 1.9%

Shares of American Water Works stock opened at $135.35 on Wednesday. American Water Works Company, Inc. has a 12-month low of $121.28 and a 12-month high of $150.51. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18. The stock has a market cap of $26.43 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 3.22 and a beta of 0.74. The company has a 50-day moving average of $133.32 and a two-hundred day moving average of $133.19.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.04). The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.15 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

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.