SS&H Financial Advisors Inc. Sells 2,000 Shares of American Water Works Company, Inc. $AWK

SS&H Financial Advisors Inc. reduced its position in American Water Works Company, Inc. (NYSE:AWK) by 16.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,112 shares of the utilities provider’s stock after selling 2,000 shares during the quarter. SS&H Financial Advisors Inc.’s holdings in American Water Works were worth $1,407,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of AWK. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of American Water Works during the 2nd quarter valued at approximately $28,000. WPG Advisers LLC bought a new stake in shares of American Water Works during the 1st quarter valued at approximately $29,000. Flaharty Asset Management LLC bought a new stake in shares of American Water Works during the 1st quarter valued at approximately $30,000. Cloud Capital Management LLC bought a new stake in shares of American Water Works during the 1st quarter valued at approximately $29,000. Finally, Concord Wealth Partners bought a new stake in shares of American Water Works during the 2nd quarter valued at approximately $28,000. 86.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AWK shares. Argus lifted their price target on shares of American Water Works from $155.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Barclays lifted their price target on shares of American Water Works from $128.00 to $134.00 and gave the company an “underweight” rating in a report on Tuesday, October 21st. Cowen started coverage on shares of American Water Works in a report on Wednesday, October 15th. They set a “hold” rating on the stock. Wells Fargo & Company started coverage on shares of American Water Works in a report on Monday, October 27th. They set an “equal weight” rating and a $142.00 price target on the stock. Finally, TD Cowen started coverage on shares of American Water Works in a report on Thursday, October 16th. They set a “hold” rating and a $155.00 price target on the stock. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Water Works currently has an average rating of “Hold” and an average price target of $145.38.

American Water Works Stock Up 1.4%

NYSE:AWK opened at $128.48 on Friday. The firm’s 50 day simple moving average is $139.33 and its 200 day simple moving average is $141.56. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.35 and a quick ratio of 0.32. American Water Works Company, Inc. has a one year low of $118.74 and a one year high of $155.50. The company has a market cap of $25.07 billion, a PE ratio of 22.58, a P/E/G ratio of 2.84 and a beta of 0.70.

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

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Thursday, November 13th will be given a $0.8275 dividend. The ex-dividend date is Thursday, November 13th. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.6%. American Water Works’s payout ratio is 58.17%.

American Water Works Company Profile

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.