Trivium Point Advisory LLC Invests $639,000 in American Water Works Company, Inc. $AWK

Trivium Point Advisory LLC acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,857 shares of the utilities provider’s stock, valued at approximately $639,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Reflection Asset Management purchased a new stake in American Water Works in the 4th quarter worth approximately $25,000. Salomon & Ludwin LLC lifted its stake in shares of American Water Works by 71.7% during 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 period. Ascentis Independent Advisors purchased a new position in shares of American Water Works during the 1st quarter worth $27,000. Transamerica Financial Advisors LLC boosted its holdings in shares of American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 90 shares during the last quarter. Finally, Nemes Rush Group LLC acquired a new stake in shares of American Water Works during the fourth quarter worth $27,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Stock Up 0.0%

Shares of NYSE AWK opened at $136.25 on Monday. The stock has a market capitalization of $27.08 billion, a PE ratio of 23.61, a P/E/G ratio of 2.75 and a beta of 0.60. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. The firm has a fifty day moving average of $131.81 and a 200-day moving average of $131.25. American Water Works Company, Inc. has a 52-week low of $120.57 and a 52-week high of $147.87.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period last year, the company posted $1.48 EPS. The business’s quarterly revenue was up 6.2% on a year-over-year basis. 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 6.09 EPS for the current year.

American Water Works Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a $0.895 dividend. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is 62.05%.

Analysts Set New Price Targets

AWK has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research report on Wednesday, June 24th. UBS Group raised their price target on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Mizuho lifted their price target on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a research note on Tuesday, April 21st. Finally, Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. One equities 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. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $138.78.

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.