American Water Works Company, Inc. $AWK Shares Sold by Clarius Group LLC

Clarius Group LLC cut its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 4.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,199 shares of the utilities provider’s stock after selling 97 shares during the period. Clarius Group LLC’s holdings in American Water Works were worth $306,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AWK. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of American Water Works during the 2nd quarter worth about $28,000. Cloud Capital Management LLC acquired a new position in American Water Works in the 1st quarter worth about $29,000. WPG Advisers LLC purchased a new position in American Water Works during the first quarter worth approximately $29,000. Flaharty Asset Management LLC purchased a new position in American Water Works during the first quarter worth approximately $30,000. Finally, Wayfinding Financial LLC acquired a new stake in American Water Works in the first quarter valued at approximately $48,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

NYSE:AWK opened at $138.91 on Tuesday. The company has a market cap of $27.10 billion, a P/E ratio of 25.03, a P/E/G ratio of 3.26 and a beta of 0.70. American Water Works Company, Inc. has a twelve month low of $118.74 and a twelve month high of $155.50. The company’s 50-day moving average price is $140.86 and its 200-day moving average price is $142.13. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15.

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

American Water Works Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on AWK shares. Mizuho increased their target price on American Water Works from $148.00 to $149.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Water Works in a report on Saturday, September 27th. Barclays dropped their target price on shares of American Water Works from $138.00 to $128.00 and set an “underweight” rating on the stock in a research report on Thursday, July 10th. UBS Group reduced their price target on shares of American Water Works from $156.00 to $151.00 and set a “neutral” rating for the company in a research report on Tuesday, August 12th. Finally, Argus lifted their price objective on American Water Works from $155.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, American Water Works presently has a consensus rating of “Hold” and an average price target of $143.57.

American Water Works Profile

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.