Eurizon Capital SGR S.p.A. Takes $69.86 Million Position in American Water Works Company, Inc. $AWK

Eurizon Capital SGR S.p.A. acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 535,278 shares of the utilities provider’s stock, valued at approximately $69,855,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of American Water Works by 2.3% during the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock worth $3,650,543,000 after purchasing an additional 597,916 shares during the last quarter. State Street Corp lifted its position in shares of American Water Works by 1.1% during the third quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock worth $1,607,886,000 after purchasing an additional 120,870 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of American Water Works by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider’s stock worth $655,025,000 after purchasing an additional 33,359 shares during the last quarter. Bank of America Corp DE lifted its position in shares of American Water Works by 3.7% during the third quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider’s stock worth $386,882,000 after purchasing an additional 98,042 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its position in shares of American Water Works by 0.9% during the fourth quarter. Pictet Asset Management Holding SA now owns 2,639,521 shares of the utilities provider’s stock worth $344,462,000 after purchasing an additional 22,827 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

AWK has been the subject of several research analyst reports. Wells Fargo & Company set a $131.00 target price on American Water Works in a research report on Tuesday, April 21st. Barclays lifted their target price on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research report on Monday, April 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $137.00 to $140.00 in a research report on Friday. Finally, Bank of America lowered their target price on American Water Works from $147.00 to $134.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $138.11.

American Water Works Trading Up 0.8%

Shares of NYSE AWK opened at $123.29 on Friday. 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 stock has a market capitalization of $24.08 billion, a P/E ratio of 21.86, a price-to-earnings-growth ratio of 2.65 and a beta of 0.64. American Water Works Company, Inc. has a 1-year low of $121.28 and a 1-year high of $147.87. The business has a fifty day moving average price of $130.96 and a 200 day moving average price of $131.08.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The company 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 company’s revenue for the quarter was up 5.7% compared to the same quarter last year. 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. Equities research analysts expect that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal 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 given a dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $3.58 annualized dividend and a yield of 2.9%. This is an increase from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio is currently 63.48%.

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.