SG Americas Securities LLC Has $3.76 Million Stake in American Water Works Company, Inc. $AWK

SG Americas Securities LLC reduced its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 67.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,997 shares of the utilities provider’s stock after selling 55,738 shares during the period. SG Americas Securities LLC’s holdings in American Water Works were worth $3,756,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group bought a new position in American Water Works during the 2nd quarter worth $28,000. Concord Wealth Partners bought a new stake in shares of American Water Works in the second quarter valued at about $28,000. WPG Advisers LLC acquired a new position in shares of American Water Works in the first quarter valued at about $29,000. Flaharty Asset Management LLC bought a new position in American Water Works during the first quarter worth about $30,000. Finally, GoalVest Advisory LLC increased its position in American Water Works by 8,566.7% during the second quarter. GoalVest Advisory LLC now owns 260 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 257 shares during the period. 86.58% of the stock is currently owned by institutional investors.

American Water Works Stock Down 2.1%

Shares of AWK opened at $129.83 on Wednesday. The firm has a 50 day simple moving average of $136.31 and a two-hundred day simple moving average of $140.10. 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 $25.33 billion, a P/E ratio of 22.82, a P/E/G ratio of 2.84 and a beta of 0.72.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.04. American Water Works had a return on equity of 10.57% and a net margin of 21.93%.The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the company posted $1.80 EPS. The company’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. FY 2026 guidance at 6.020-6.120 EPS. Research analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Thursday, November 13th will be paid 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 yield of 2.5%. American Water Works’s payout ratio is presently 58.17%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on AWK shares. TD Cowen started coverage on shares of American Water Works in a report on Thursday, October 16th. They issued a “hold” rating and a $155.00 price objective for the company. Wells Fargo & Company assumed coverage on American Water Works in a research note on Monday, October 27th. They issued an “equal weight” rating and a $142.00 price target for the company. Argus increased their price target on American Water Works from $155.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Jefferies Financial Group raised American Water Works from an “underperform” rating to a “hold” rating and lifted their price objective for the company from $114.00 to $124.00 in a report on Wednesday, November 5th. Finally, Cowen began coverage on American Water Works in a report on Wednesday, October 15th. They set a “hold” rating on the stock. One analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $143.00.

American Water Works 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.