American Water Works Company, Inc. $AWK Shares Acquired by Osterweis Capital Management Inc.

Osterweis Capital Management Inc. raised its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 44.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 293,206 shares of the utilities provider’s stock after purchasing an additional 90,140 shares during the quarter. American Water Works comprises 0.0% of Osterweis Capital Management Inc.’s holdings, making the stock its 20th biggest position. Osterweis Capital Management Inc. owned approximately 0.15% of American Water Works worth $43,254,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Foresight Group Ltd Liability Partnership purchased a new stake in shares of American Water Works in the 1st quarter valued at $18,664,000. Jacobi Capital Management LLC boosted its holdings in shares of American Water Works by 2.3% in the 1st quarter. Jacobi Capital Management LLC now owns 18,711 shares of the utilities provider’s stock valued at $2,760,000 after acquiring an additional 415 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of American Water Works by 0.5% in the 1st quarter. Focus Partners Wealth now owns 27,681 shares of the utilities provider’s stock valued at $4,084,000 after acquiring an additional 134 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in shares of American Water Works in the 1st quarter valued at $30,000. Finally, Bayforest Capital Ltd boosted its holdings in shares of American Water Works by 1,720.7% in the 1st quarter. Bayforest Capital Ltd now owns 1,056 shares of the utilities provider’s stock valued at $156,000 after acquiring an additional 998 shares during the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Performance

Shares of NYSE AWK opened at $139.72 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.35. The company’s fifty day moving average price is $142.53 and its 200 day moving average price is $142.61. The company has a market capitalization of $27.26 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 3.28 and a beta of 0.69. American Water Works Company, Inc. has a 1 year low of $118.74 and a 1 year high of $155.50.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, July 30th. The utilities provider reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.05). The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. American Water Works had a return on equity of 10.34% and a net margin of 21.91%.The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.42 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. On average, research analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 12th were given a dividend of $0.8275 per share. The ex-dividend date was Tuesday, August 12th. This represents a $3.31 dividend on an annualized basis and a yield of 2.4%. American Water Works’s dividend payout ratio is currently 59.64%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AWK. UBS Group dropped their price objective on shares of American Water Works from $156.00 to $151.00 and set a “neutral” rating on the stock in a report on Tuesday, August 12th. Argus upped their price objective on shares of American Water Works from $155.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Barclays lowered their price target on shares of American Water Works from $138.00 to $128.00 and set an “underweight” rating on the stock in a report on Thursday, July 10th. Wells Fargo & Company lowered their price target on shares of American Water Works from $147.00 to $141.00 and set an “equal weight” rating on the stock in a report on Friday, August 1st. Finally, Mizuho increased their price target on shares of American Water Works from $148.00 to $149.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $143.30.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.