Generali Asset Management SPA SGR Has $3.31 Million Holdings in American Water Works Company, Inc. $AWK

Generali Asset Management SPA SGR grew its stake in American Water Works Company, Inc. (NYSE:AWK) by 73.8% in the fourth quarter, HoldingsChannel reports. The fund owned 25,338 shares of the utilities provider’s stock after acquiring an additional 10,760 shares during the period. Generali Asset Management SPA SGR’s holdings in American Water Works were worth $3,307,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Grey Fox Wealth Advisors LLC acquired a new stake in shares of American Water Works in the third quarter valued at approximately $27,000. Salomon & Ludwin LLC raised its position in American Water Works by 71.7% in the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 81 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in American Water Works during the 3rd quarter worth $28,000. Cloud Capital Management LLC bought a new position in American Water Works in the 3rd quarter valued at $29,000. Finally, Westfuller Advisors LLC bought a new position in American Water Works in the 3rd quarter valued at $33,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AWK shares. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 26th. Barclays raised their price target on American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a report on Monday, April 20th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. Truist Financial assumed coverage on shares of American Water Works in a research report on Tuesday, April 21st. They set a “hold” rating and a $137.00 target price on the stock. Finally, UBS Group reduced their target price on shares of American Water Works from $149.00 to $137.00 and set a “neutral” rating on the stock in a research note on Thursday. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $139.11.

American Water Works Stock Performance

AWK stock opened at $125.03 on Friday. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month high of $147.87. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16. The company has a market cap of $24.42 billion, a P/E ratio of 22.17, a price-to-earnings-growth ratio of 2.76 and a beta of 0.64. The business’s fifty day moving average is $134.69 and its 200-day moving average is $132.18.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts forecast that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 12th will be paid a $0.895 dividend. This is a boost from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.9%. American Water Works’s dividend payout ratio (DPR) is currently 58.69%.

About American Water Works

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.