American Water Works Company, Inc. $AWK Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its position in American Water Works Company, Inc. (NYSE:AWK) by 11.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 126,396 shares of the utilities provider’s stock after purchasing an additional 12,982 shares during the period. Nomura Asset Management Co. Ltd. owned 0.06% of American Water Works worth $17,583,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD increased its holdings in American Water Works by 881.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,704,995 shares of the utilities provider’s stock valued at $546,562,000 after buying an additional 3,327,352 shares during the last quarter. Groupama Asset Managment boosted its position in shares of American Water Works by 114.3% during the 1st quarter. Groupama Asset Managment now owns 1,505,106 shares of the utilities provider’s stock worth $2,296,000 after acquiring an additional 802,639 shares in the last quarter. Nuveen LLC purchased a new position in shares of American Water Works in the 1st quarter valued at about $103,053,000. BROOKFIELD Corp ON raised its position 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 acquiring an additional 549,002 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in American Water Works by 928.1% during the second quarter. Robeco Institutional Asset Management B.V. now owns 531,260 shares of the utilities provider’s stock worth $73,904,000 after purchasing an additional 479,586 shares during the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Price Performance

Shares of NYSE:AWK opened at $129.83 on Wednesday. American Water Works Company, Inc. has a one year low of $118.74 and a one year high of $155.50. The stock has a market capitalization of $25.33 billion, a price-to-earnings ratio of 22.82, a PEG ratio of 2.84 and a beta of 0.72. The company has a 50-day simple moving average of $136.31 and a 200-day simple moving average of $140.10. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.35.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.04. The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.36 billion. American Water Works had a return on equity of 10.57% and a net margin of 21.93%.The business’s revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the company posted $1.80 earnings per share. 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, 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 declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Thursday, November 13th will be issued a dividend of $0.8275 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $3.31 annualized dividend and a dividend yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is currently 58.17%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Argus increased their price target on shares of American Water Works from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. TD Cowen initiated coverage on shares of American Water Works in a research note on Thursday, October 16th. They set a “hold” rating and a $155.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Thursday, November 13th. Cowen began coverage on American Water Works in a report on Wednesday, October 15th. They set a “hold” rating on the stock. Finally, Barclays boosted their target price on American Water Works from $128.00 to $134.00 and gave the company an “underweight” rating in a report on Tuesday, October 21st. One analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, American Water Works has a consensus rating of “Hold” and an average price target of $143.00.

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.