American Water Works Company, Inc. $AWK Shares Sold by S Bank Fund Management Ltd

S Bank Fund Management Ltd trimmed its holdings in American Water Works Company, Inc. (NYSE:AWK) by 18.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 19,699 shares of the utilities provider’s stock after selling 4,323 shares during the period. S Bank Fund Management Ltd’s holdings in American Water Works were worth $2,571,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AWK. Salomon & Ludwin LLC lifted its stake in shares of American Water Works by 71.7% in the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 81 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of American Water Works during the 3rd quarter worth $27,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of American Water Works during the 3rd quarter worth about $28,000. Cloud Capital Management LLC purchased a new stake in American Water Works in the 3rd quarter valued at about $29,000. Finally, Westfuller Advisors LLC purchased a new stake in American Water Works in the 3rd quarter valued at about $33,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of American Water Works stock opened at $126.08 on Wednesday. The stock has a market capitalization of $24.62 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 2.80 and a beta of 0.64. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. The business has a 50-day moving average of $134.99 and a 200 day moving average of $132.43. American Water Works Company, Inc. has a 12 month low of $121.28 and a 12 month high of $150.51.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the company earned $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Tuesday, May 12th will be paid a dividend of $0.895 per share. This represents a $3.58 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, May 12th. This is an increase from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s payout ratio is currently 58.69%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 26th. Barclays boosted their price target on shares of American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a research note on Monday, April 20th. Truist Financial started coverage on shares of American Water Works in a research report on Tuesday, April 21st. They set a “hold” rating and a $137.00 price objective for the company. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $117.00 to $139.00 in a report on Monday, January 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. 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. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $140.44.

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.