NEOS Investment Management LLC Has $4.14 Million Stock Position in American Water Works Company, Inc. $AWK

NEOS Investment Management LLC lifted its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 14.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,474 shares of the utilities provider’s stock after acquiring an additional 4,015 shares during the period. NEOS Investment Management LLC’s holdings in American Water Works were worth $4,141,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AWK. Reflection Asset Management acquired a new position in American Water Works during the 4th quarter valued at about $25,000. Ascentis Independent Advisors bought a new position in shares of American Water Works in the first quarter valued at approximately $27,000. Transamerica Financial Advisors LLC lifted its holdings in shares of American Water Works by 82.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 90 shares in the last quarter. Nemes Rush Group LLC purchased a new position in shares of American Water Works during the fourth quarter valued at approximately $27,000. Finally, Harborfront Financial Group LLC purchased a new position in shares of American Water Works during the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Bank of America reissued a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Barclays upped their target price on shares of American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. Mizuho increased 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. Finally, 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. One equities research analyst has 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 data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $138.78.

American Water Works Stock Down 0.1%

AWK stock opened at $140.49 on Monday. The stock’s fifty day simple moving average is $135.18 and its two-hundred day simple moving average is $132.37. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $145.64. The stock has a market cap of $27.92 billion, a P/E ratio of 24.35, a P/E/G ratio of 2.87 and a beta of 0.59.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the company earned $1.48 EPS. The business’s revenue for the quarter 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. Analysts expect that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a dividend of $0.895 per share. The ex-dividend date was Tuesday, August 11th. This represents a $3.58 annualized dividend and a yield of 2.5%. American Water Works’s dividend payout ratio is presently 62.05%.

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.