Park Avenue Securities LLC Decreases Stock Position in American Water Works Company, Inc. $AWK

Park Avenue Securities LLC decreased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 52.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,190 shares of the utilities provider’s stock after selling 4,673 shares during the period. Park Avenue Securities LLC’s holdings in American Water Works were worth $547,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. American National Bank & Trust acquired a new stake in shares of American Water Works during the third quarter valued at about $26,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of American Water Works during the third quarter worth about $27,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of American Water Works in the third quarter worth about $28,000. Elevation Point Wealth Partners LLC purchased a new position in American Water Works in the second quarter valued at about $29,000. Finally, Cloud Capital Management LLC purchased a new position in American Water Works in the third quarter valued at about $29,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Trading Down 0.4%

Shares of NYSE AWK opened at $136.95 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 1.18. The stock’s 50 day moving average price is $132.47 and its two-hundred day moving average price is $133.22. American Water Works Company, Inc. has a 52-week low of $121.28 and a 52-week high of $155.50. The stock has a market capitalization of $26.74 billion, a P/E ratio of 24.07, a PEG ratio of 3.19 and a beta of 0.77.

American Water Works (NYSE:AWK) last issued 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). The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. American Water Works had a return on equity of 10.38% and a net margin of 21.61%.American Water Works’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.15 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AWK. UBS Group set a $149.00 price objective on American Water Works in a report on Wednesday, December 17th. Barclays decreased their price target 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. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $117.00 to $139.00 in a research note on Monday, January 12th. Finally, Wells Fargo & Company decreased their price objective on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a report on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $140.89.

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.