American Water Works Company, Inc. $AWK Stake Increased by Quadrant Capital Group LLC

Quadrant Capital Group LLC boosted its stake in American Water Works Company, Inc. (NYSE:AWK) by 475.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,039 shares of the utilities provider’s stock after acquiring an additional 8,295 shares during the period. Quadrant Capital Group LLC’s holdings in American Water Works were worth $1,300,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AWK. Versant Capital Management Inc lifted its position in shares of American Water Works by 6.6% in the 2nd quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider’s stock worth $158,000 after purchasing an additional 74 shares during the period. CoreCap Advisors LLC boosted its stake in shares of American Water Works by 21.1% in the 3rd quarter. CoreCap Advisors LLC now owns 453 shares of the utilities provider’s stock valued at $62,000 after purchasing an additional 79 shares during the last quarter. Eastern Bank increased its position in shares of American Water Works by 2.9% during the third quarter. Eastern Bank now owns 2,945 shares of the utilities provider’s stock worth $381,000 after buying an additional 82 shares during the period. Parkside Financial Bank & Trust boosted its position in American Water Works by 13.7% during the second quarter. Parkside Financial Bank & Trust now owns 806 shares of the utilities provider’s stock valued at $106,000 after acquiring an additional 97 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its position in American Water Works by 1.0% during the first quarter. CENTRAL TRUST Co now owns 10,672 shares of the utilities provider’s stock valued at $1,452,000 after acquiring an additional 108 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

AWK has been the subject of a number of recent analyst reports. Truist Financial set a $139.00 price target on American Water Works in a report on Tuesday, August 4th. JPMorgan Chase & Co. boosted their price objective on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Weiss Ratings upgraded American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 2nd. UBS Group decreased their target price on American Water Works from $162.00 to $153.00 and set a “buy” rating for the company in a research note on Friday, October 16th. Finally, Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $136.75.

American Water Works Stock Down 0.3%

Shares of NYSE AWK opened at $142.83 on Friday. The firm has a market cap of $28.38 billion, a PE ratio of 24.75, a P/E/G ratio of 2.92 and a beta of 0.58. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $144.14. The company’s fifty day simple moving average is $135.13 and its 200 day simple moving average is $131.97. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the previous year, the firm posted $1.48 earnings per share. The business’s revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts forecast that American Water Works Company, Inc. will post 6.08 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were paid a $0.8950 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is currently 62.05%.

About American Water Works

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.