American Water Works (NYSE:AWK – Get Free Report) released its quarterly earnings results on Wednesday. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.08, FiscalAI reports. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. American Water Works updated its FY 2026 guidance to 6.020-6.120 EPS.
American Water Works Stock Down 0.0%
Shares of NYSE:AWK traded down $0.05 during midday trading on Wednesday, hitting $137.99. 3,034,857 shares of the company’s stock were exchanged, compared to its average volume of 1,978,864. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. American Water Works has a 12 month low of $120.57 and a 12 month high of $147.87. The company has a market cap of $26.95 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 2.72 and a beta of 0.61. The stock has a 50 day moving average price of $128.78 and a 200-day moving average price of $130.89.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the company. Bank of America reissued a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Barclays increased their target price on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research report on Wednesday, July 15th. Wall Street Zen lowered American Water Works from a “sell” rating to a “strong sell” rating in a research note on Sunday. Finally, JPMorgan Chase & Co. upped their price objective on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, American Water Works presently has a consensus rating of “Hold” and a consensus price target of $140.60.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of AWK. Faithward Advisors LLC grew its holdings in American Water Works by 5.4% during the third quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock worth $223,000 after buying an additional 82 shares in the last quarter. Cresset Asset Management LLC lifted its holdings in American Water Works by 1.5% during the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock worth $816,000 after acquiring an additional 85 shares during the period. Transamerica Financial Advisors LLC lifted its holdings in American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 90 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in American Water Works by 81.2% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 290 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 130 shares during the last quarter. Finally, Principal Securities Inc. boosted its position in American Water Works by 2.8% in the fourth quarter. Principal Securities Inc. now owns 5,083 shares of the utilities provider’s stock worth $663,000 after purchasing an additional 138 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.
About American Water Works
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.
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