Cambient Family Office LLC Purchases Shares of 14,574 American Water Works Company, Inc. $AWK

Cambient Family Office LLC purchased a new position in American Water Works Company, Inc. (NYSE:AWKFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,574 shares of the utilities provider’s stock, valued at approximately $1,902,000.

A number of other large investors have also modified their holdings of AWK. Salomon & Ludwin LLC increased its holdings in shares of American Water Works by 71.7% during the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 81 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in shares of American Water Works by 82.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 90 shares during the last quarter. Nemes Rush Group LLC acquired a new stake in American Water Works in the 4th quarter worth approximately $27,000. DV Equities LLC acquired a new stake in American Water Works in the 4th quarter worth approximately $35,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA grew its position in American Water Works by 81.2% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 290 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

Shares of NYSE AWK opened at $125.25 on Friday. The business’s 50 day moving average price is $127.64 and its 200 day moving average price is $130.54. The firm has a market cap of $24.46 billion, a P/E ratio of 22.21, a P/E/G ratio of 2.72 and a beta of 0.62. American Water Works Company, Inc. has a 52 week low of $120.57 and a 52 week high of $147.87. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16.

American Water Works (NYSE:AWKGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.09). American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the company posted $1.05 EPS. American Water Works’s quarterly revenue was up 5.7% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, sell-side analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 12th were issued a $0.895 dividend. This is an increase from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $3.58 annualized dividend and a dividend yield of 2.9%. American Water Works’s payout ratio is currently 63.48%.

Analysts Set New Price Targets

A number of research analysts have issued reports on AWK shares. Barclays upped their price target on shares of American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a research note on Monday, April 20th. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a research note on Tuesday, April 21st. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a report on Sunday, April 26th. Bank of America cut their target price on American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Finally, UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and raised their target price for the stock from $137.00 to $140.00 in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $138.11.

View Our Latest Analysis on American Water Works

About American Water Works

(Free Report)

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.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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