SG Americas Securities LLC boosted its position in shares of American Water Works Company, Inc. (NYSE:AWK – Free Report) by 355.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 142,040 shares of the utilities provider’s stock after purchasing an additional 110,875 shares during the period. SG Americas Securities LLC’s holdings in American Water Works were worth $18,536,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. American National Bank & Trust purchased a new stake in American Water Works in the third quarter valued at $26,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of American Water Works during the 3rd quarter worth $27,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of American Water Works during the 3rd quarter worth $28,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of American Water Works during the 2nd quarter worth about $29,000. Finally, Cloud Capital Management LLC purchased a new stake in American Water Works in the 3rd quarter valued at about $29,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have weighed in on AWK. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $117.00 to $139.00 in a research report on Monday, January 12th. UBS Group set a $149.00 price objective on shares of American Water Works in a research report on Wednesday, December 17th. Barclays dropped their target price on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a report on Wednesday, December 17th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. Finally, Wells Fargo & Company decreased their price target on American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $140.89.
American Water Works Price Performance
American Water Works stock opened at $136.95 on Friday. The firm has a market cap of $26.74 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 3.21 and a beta of 0.77. American Water Works Company, Inc. has a 52-week low of $121.28 and a 52-week high of $155.50. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 1.18. The company’s 50 day moving average is $132.47 and its two-hundred day moving average is $133.26.
American Water Works (NYSE:AWK – Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.04). American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm earned $1.15 EPS. The business’s revenue was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.
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.
Further Reading
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