UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 51,346 Shares of American Water Works Company, Inc. $AWK

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,590,025 shares of the utilities provider’s stock after selling 51,346 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.30% of American Water Works worth $340,795,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of AWK. Cbre Investment Management Listed Real Assets LLC increased 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 worth $2,797,000 after purchasing an additional 9,698 shares during the period. Louisiana State Employees Retirement System bought a new stake in shares of American Water Works in the first quarter valued at approximately $1,347,000. Generali Asset Management SPA SGR boosted its stake in shares of American Water Works by 73.8% in the fourth quarter. Generali Asset Management SPA SGR now owns 25,338 shares of the utilities provider’s stock valued at $3,307,000 after buying an additional 10,760 shares during the period. Capital Innovations LLC acquired a new stake in American Water Works during the fourth quarter worth approximately $4,700,000. Finally, Erste Asset Management GmbH grew its position in American Water Works by 25.9% during the fourth quarter. Erste Asset Management GmbH now owns 69,893 shares of the utilities provider’s stock worth $9,142,000 after buying an additional 14,363 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Trading Up 0.1%

Shares of AWK stock opened at $138.50 on Tuesday. The stock’s fifty day moving average price is $134.40 and its two-hundred day moving average price is $132.10. The company has a market cap of $27.52 billion, a PE ratio of 24.00, a P/E/G ratio of 2.82 and a beta of 0.60. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $145.64. 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 (NYSE:AWK) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the previous year, the firm earned $1.48 EPS. American Water Works’s revenue was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $3.58 annualized dividend and a yield of 2.6%. American Water Works’s payout ratio is presently 62.05%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AWK shares. Truist Financial set a $139.00 price objective on American Water Works in a research note on Tuesday, August 4th. Barclays increased their target price on American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. boosted their price target on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. Finally, Mizuho raised their target price on shares of American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $138.78.

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.