Empower Advisory Group LLC Acquires 436 Shares of American Water Works Company, Inc. $AWK

Empower Advisory Group LLC boosted its holdings in American Water Works Company, Inc. (NYSE:AWK) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 68,950 shares of the utilities provider’s stock after acquiring an additional 436 shares during the period. Empower Advisory Group LLC’s holdings in American Water Works were worth $9,592,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of American Water Works during the 2nd quarter worth about $28,000. Concord Wealth Partners bought a new stake in shares of American Water Works during the second quarter worth approximately $28,000. WPG Advisers LLC acquired a new position in shares of American Water Works in the first quarter valued at approximately $29,000. Flaharty Asset Management LLC bought a new position in shares of American Water Works during the first quarter worth approximately $30,000. Finally, GoalVest Advisory LLC lifted its holdings in American Water Works by 8,566.7% during the 2nd quarter. GoalVest Advisory LLC now owns 260 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 257 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Mizuho set a $145.00 price objective on American Water Works in a research report on Tuesday, October 28th. Jefferies Financial Group upgraded shares of American Water Works from an “underperform” rating to a “hold” rating and upped their price target for the company from $114.00 to $124.00 in a research note on Wednesday, November 5th. TD Cowen began coverage on shares of American Water Works in a research note on Thursday, October 16th. They issued a “hold” rating and a $155.00 price objective for the company. Cowen initiated coverage on shares of American Water Works in a research report on Wednesday, October 15th. They set a “hold” rating on the stock. Finally, Argus raised their target price on shares of 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, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $143.00.

American Water Works Stock Performance

American Water Works stock opened at $131.72 on Friday. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 1.15. The stock has a market cap of $25.70 billion, a PE ratio of 23.15, a P/E/G ratio of 2.84 and a beta of 0.72. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50. The business’s 50-day moving average price is $136.66 and its two-hundred day moving average price is $140.37.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.36 billion. American Water Works had a net margin of 21.93% and a return on equity of 10.57%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the company posted $1.80 EPS. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. FY 2026 guidance at 6.020-6.120 EPS. As a group, analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Thursday, November 13th will be issued a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, November 13th. American Water Works’s payout ratio is presently 58.17%.

About American Water Works

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.