Vontobel Holding Ltd. Boosts Position in American Water Works Company, Inc. $AWK

Vontobel Holding Ltd. lifted its position in American Water Works Company, Inc. (NYSE:AWK) by 7.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 467,697 shares of the utilities provider’s stock after purchasing an additional 31,342 shares during the quarter. Vontobel Holding Ltd.’s holdings in American Water Works were worth $65,099,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in American Water Works during the second quarter worth about $344,645,000. BROOKFIELD Corp ON increased its holdings in shares of American Water Works by 2,486.6% during the 1st quarter. BROOKFIELD Corp ON now owns 571,080 shares of the utilities provider’s stock worth $84,246,000 after buying an additional 549,002 shares during the last quarter. Invesco Ltd. raised its position in shares of American Water Works by 16.8% during the 2nd quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock valued at $478,817,000 after buying an additional 494,868 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in American Water Works by 928.1% in the second quarter. Robeco Institutional Asset Management B.V. now owns 531,260 shares of the utilities provider’s stock valued at $73,904,000 after acquiring an additional 479,586 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in American Water Works by 81.8% in the second quarter. Raymond James Financial Inc. now owns 1,043,899 shares of the utilities provider’s stock worth $145,217,000 after acquiring an additional 469,641 shares during the period. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Mizuho set a $145.00 target price on American Water Works in a research report on Tuesday, October 28th. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Monday. Barclays decreased their target price on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research report on Wednesday, December 17th. Cowen started coverage on shares of American Water Works in a research report on Wednesday, October 15th. They set a “hold” rating for the company. Finally, Jefferies Financial Group upgraded shares of American Water Works from an “underperform” rating to a “hold” rating and upped their price objective for the stock from $114.00 to $124.00 in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $141.44.

American Water Works Stock Down 0.7%

Shares of NYSE:AWK opened at $130.73 on Wednesday. The firm has a market capitalization of $25.52 billion, a PE ratio of 22.98, a price-to-earnings-growth ratio of 3.39 and a beta of 0.76. American Water Works Company, Inc. has a 1 year low of $118.74 and a 1 year high of $155.50. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.42 and a quick ratio of 0.39. The firm’s 50-day moving average is $132.58 and its two-hundred day moving average is $138.04.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 EPS for the quarter, beating 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 10.48%. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the firm posted $1.80 earnings per share. The business’s revenue for the quarter 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 and its FY 2026 guidance at 6.020-6.120 EPS. Analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 10th will be given a dividend of $0.8275 per share. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.5%. American Water Works’s dividend payout ratio is currently 58.17%.

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.