American Water Works Company, Inc. $AWK Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC lessened its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 8.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 86,641 shares of the utilities provider’s stock after selling 7,744 shares during the quarter. Wealthfront Advisers LLC’s holdings in American Water Works were worth $11,791,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Nordea Investment Management AB raised its stake in American Water Works by 2.2% in the 4th quarter. Nordea Investment Management AB now owns 2,219,816 shares of the utilities provider’s stock valued at $290,729,000 after purchasing an additional 47,977 shares during the last quarter. Aberdeen Group plc lifted its holdings in American Water Works by 10.7% in the 4th quarter. Aberdeen Group plc now owns 489,371 shares of the utilities provider’s stock valued at $63,863,000 after purchasing an additional 47,352 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of American Water Works during the 1st quarter worth about $1,347,000. TSP Capital Management Group LLC acquired a new stake in shares of American Water Works during the 4th quarter worth about $1,559,000. Finally, Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of American Water Works by 82.7% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 21,430 shares of the utilities provider’s stock worth $2,797,000 after buying an additional 9,698 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AWK. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Wednesday, June 24th. Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a research note on Tuesday, April 21st. Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research note on Saturday. Finally, Barclays increased their price target on American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, American Water Works presently has an average rating of “Hold” and a consensus target price of $140.60.

American Water Works Trading Up 0.6%

NYSE AWK opened at $135.08 on Friday. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $147.87. The company has a 50-day moving average of $127.56 and a 200-day moving average of $130.64. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. The company has a market cap of $26.38 billion, a P/E ratio of 23.95, a P/E/G ratio of 2.92 and a beta of 0.61.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.09). American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the business posted $1.05 earnings per share. American Water Works’s revenue was up 5.7% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts predict that American Water Works Company, Inc. will post 6.08 earnings per share for the current year.

American Water Works Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.895 per share. This is an increase from American Water Works’s previous quarterly dividend of $0.83. This represents a $3.58 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, May 12th. American Water Works’s payout ratio is 63.48%.

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.