American Water Works Company, Inc. $AWK Shares Bought by Swedbank AB

Swedbank AB lifted its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 9.9% in the fourth quarter, Holdings Channel reports. The firm owned 282,861 shares of the utilities provider’s stock after purchasing an additional 25,448 shares during the period. Swedbank AB’s holdings in American Water Works were worth $36,913,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Grey Fox Wealth Advisors LLC purchased a new stake in shares of American Water Works during the 3rd quarter worth about $27,000. Salomon & Ludwin LLC grew its holdings in shares of American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 81 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of American Water Works during the 3rd quarter worth about $28,000. Cloud Capital Management LLC purchased a new stake in shares of American Water Works during the 3rd quarter worth about $29,000. Finally, Westfuller Advisors LLC purchased a new stake in shares of American Water Works during the 3rd quarter worth about $33,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AWK shares. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Sunday, April 26th. UBS Group decreased their target price on American Water Works from $149.00 to $137.00 and set a “neutral” rating for the company in a report on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. Barclays upped their price target on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a report on Monday, April 20th. Finally, Wells Fargo & Company set a $131.00 price target on American Water Works in a report on Tuesday, April 21st. One 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. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $139.11.

American Water Works Stock Up 0.4%

NYSE AWK opened at $126.16 on Friday. The stock has a market cap of $24.64 billion, a PE ratio of 22.37, a P/E/G ratio of 2.77 and a beta of 0.64. American Water Works Company, Inc. has a fifty-two week low of $121.28 and a fifty-two week high of $148.33. The business has a 50 day moving average price of $134.69 and a two-hundred day moving average price of $132.18. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.05 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th will be given a $0.895 dividend. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, May 12th. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio is currently 58.69%.

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.