American Water Works (NYSE:AWK) Price Target Cut to $138.00 by Analysts at Truist Financial

American Water Works (NYSE:AWK) had its price target cut by Truist Financial from $139.00 to $138.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a “hold” rating on the utilities provider’s stock. Truist Financial’s price target would indicate a potential upside of 4.23% from the stock’s current price.

A number of other equities research analysts also recently weighed in on the stock. Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a research note on Tuesday, April 21st. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday. JPMorgan Chase & Co. lifted their price target on American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. UBS Group raised their price objective on American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Finally, Mizuho upped their target price on American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $140.90.

American Water Works Price Performance

NYSE AWK traded up $1.09 on Tuesday, hitting $132.40. The stock had a trading volume of 1,437,918 shares, compared to its average volume of 1,996,904. The firm has a 50-day moving average of $129.65 and a 200-day moving average of $131.04. The company has a market capitalization of $26.31 billion, a price-to-earnings ratio of 22.93, a price-to-earnings-growth ratio of 2.71 and a beta of 0.60. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. American Water Works has a 52-week low of $120.57 and a 52-week high of $147.87.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities analysts expect that American Water Works will post 6.09 EPS for the current year.

Institutional Trading of American Water Works

A number of institutional investors have recently made changes to their positions in AWK. Cbre Investment Management Listed Real Assets LLC lifted its holdings in shares of American Water Works by 82.7% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 21,430 shares of the utilities provider’s stock valued at $2,797,000 after purchasing an additional 9,698 shares in the last quarter. TSP Capital Management Group LLC purchased a new stake in shares of American Water Works during the 4th quarter valued at about $1,559,000. Louisiana State Employees Retirement System purchased a new stake in shares of American Water Works during the 1st quarter valued at about $1,347,000. Country Trust Bank grew its stake in shares of American Water Works by 6.8% in the fourth quarter. Country Trust Bank now owns 178,599 shares of the utilities provider’s stock worth $23,307,000 after acquiring an additional 11,401 shares during the period. Finally, KBC Group NV grew its stake in shares of American Water Works by 84.0% in the fourth quarter. KBC Group NV now owns 553,066 shares of the utilities provider’s stock worth $72,175,000 after acquiring an additional 252,459 shares during the period. Hedge funds and other 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.