Natixis Advisors LLC decreased its position in shares of American Water Works Company, Inc. (NYSE:AWK – Free Report) by 5.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,724 shares of the utilities provider’s stock after selling 4,714 shares during the period. Natixis Advisors LLC’s holdings in American Water Works were worth $11,654,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Empowered Funds LLC lifted its stake in American Water Works by 11.5% in the first quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock worth $872,000 after purchasing an additional 609 shares during the last quarter. Woodline Partners LP grew its stake in shares of American Water Works by 40.7% during the first quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock valued at $2,429,000 after buying an additional 4,762 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of American Water Works during the second quarter valued at approximately $302,000. Savant Capital LLC raised its holdings in shares of American Water Works by 17.1% in the second quarter. Savant Capital LLC now owns 2,927 shares of the utilities provider’s stock worth $407,000 after buying an additional 427 shares during the period. Finally, ProShare Advisors LLC raised its holdings in shares of American Water Works by 14.4% in the second quarter. ProShare Advisors LLC now owns 49,956 shares of the utilities provider’s stock worth $6,949,000 after buying an additional 6,282 shares during the period. Hedge funds and other institutional investors own 86.58% of the company’s stock.
Analyst Upgrades and Downgrades
AWK has been the subject of a number of recent analyst reports. UBS Group set a $149.00 price objective on American Water Works in a report on Wednesday, December 17th. Bank of America upgraded American Water Works from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $117.00 to $139.00 in a research note on Monday, January 12th. Wells Fargo & Company decreased their target price on American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. Finally, Barclays cut their price target on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, American Water Works has an average rating of “Hold” and an average price target of $140.89.
American Water Works Stock Up 3.0%
Shares of NYSE:AWK opened at $138.37 on Friday. The business’s 50 day moving average is $130.98 and its 200 day moving average is $133.71. The stock has a market cap of $27.01 billion, a P/E ratio of 24.32, a price-to-earnings-growth ratio of 3.13 and a beta of 0.77. American Water Works Company, Inc. has a 52-week low of $121.28 and a 52-week high of $155.50. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 1.18.
American Water Works (NYSE:AWK – Get Free Report) last issued its earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the firm earned $1.15 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.
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.
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