Cbre Investment Management Listed Real Assets LLC Has $1.63 Million Holdings in American Water Works Company, Inc. $AWK

Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 89.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,732 shares of the utilities provider’s stock after acquiring an additional 5,525 shares during the period. Cbre Investment Management Listed Real Assets LLC’s holdings in American Water Works were worth $1,633,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AWK. Werlinich Asset Management LLC lifted its holdings in American Water Works by 1.9% in the 3rd quarter. Werlinich Asset Management LLC now owns 4,044 shares of the utilities provider’s stock worth $563,000 after purchasing an additional 75 shares during the last quarter. Oppenheimer Asset Management Inc. grew its holdings in American Water Works by 2.0% during the third quarter. Oppenheimer Asset Management Inc. now owns 3,856 shares of the utilities provider’s stock valued at $537,000 after purchasing an additional 77 shares during the last quarter. Cahaba Wealth Management Inc. grew its holdings in American Water Works by 0.4% during the third quarter. Cahaba Wealth Management Inc. now owns 21,251 shares of the utilities provider’s stock valued at $2,958,000 after purchasing an additional 80 shares during the last quarter. Safe Harbor Fiduciary LLC raised its position in shares of American Water Works by 2.7% in the second quarter. Safe Harbor Fiduciary LLC now owns 3,075 shares of the utilities provider’s stock valued at $428,000 after purchasing an additional 81 shares during the period. Finally, Cresset Asset Management LLC raised its position in shares of American Water Works by 1.5% in the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock valued at $816,000 after purchasing an additional 85 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Trading Up 1.2%

Shares of American Water Works stock opened at $134.38 on Thursday. The company’s fifty day simple moving average is $130.83 and its 200-day simple moving average is $133.68. The company has a market cap of $26.23 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 3.10 and a beta of 0.77. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18. American Water Works Company, Inc. has a 1 year low of $121.28 and a 1 year high of $155.50.

American Water Works (NYSE:AWK) last released its 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 net margin of 21.61% and a return on equity of 10.38%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the company earned $1.15 earnings per share. American Water Works’s revenue for the quarter was up 5.8% 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 expect that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a report on Monday, December 29th. UBS Group set a $149.00 target price on shares of American Water Works in a report on Wednesday, December 17th. Barclays cut 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 research report on Wednesday, December 17th. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and upped their price target for the company from $117.00 to $139.00 in a report on Monday, January 12th. Finally, Wells Fargo & Company dropped their price objective 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 analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $140.89.

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.