Mountain Pacific Investment Advisers LLC Has $821,000 Holdings in American Water Works Company, Inc. $AWK

Mountain Pacific Investment Advisers LLC decreased its stake in American Water Works Company, Inc. (NYSE:AWK) by 3.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,900 shares of the utilities provider’s stock after selling 200 shares during the quarter. Mountain Pacific Investment Advisers LLC’s holdings in American Water Works were worth $821,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of American Water Works in the 2nd quarter worth about $28,000. WPG Advisers LLC bought a new stake in American Water Works during the first quarter worth about $29,000. Flaharty Asset Management LLC acquired a new stake in shares of American Water Works during the first quarter worth approximately $30,000. Cloud Capital Management LLC bought a new position in shares of American Water Works in the first quarter valued at approximately $29,000. Finally, Wayfinding Financial LLC acquired a new position in shares of American Water Works in the 1st quarter worth approximately $48,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AWK has been the subject of a number of recent analyst reports. Barclays dropped their price target on American Water Works from $138.00 to $128.00 and set an “underweight” rating for the company in a report on Thursday, July 10th. Argus lifted their price target on American Water Works from $155.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Wells Fargo & Company reduced their price target on shares of American Water Works from $147.00 to $141.00 and set an “equal weight” rating on the stock in a research report on Friday, August 1st. UBS Group lowered their price objective on shares of American Water Works from $156.00 to $151.00 and set a “neutral” rating for the company in a research report on Tuesday, August 12th. Finally, Mizuho upped their target price on shares of American Water Works from $148.00 to $149.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, American Water Works currently has a consensus rating of “Reduce” and a consensus target price of $141.13.

American Water Works Stock Performance

American Water Works stock opened at $136.11 on Thursday. The company has a market cap of $26.55 billion, a PE ratio of 24.52, a PEG ratio of 3.30 and a beta of 0.70. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. American Water Works Company, Inc. has a 1 year low of $118.74 and a 1 year high of $155.50. The company’s 50-day moving average is $141.00 and its two-hundred day moving average is $142.26.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, July 30th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.05). American Water Works had a return on equity of 10.34% and a net margin of 21.91%.The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the firm earned $1.42 EPS. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. Equities analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Tuesday, August 12th were given a $0.8275 dividend. This represents a $3.31 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Tuesday, August 12th. American Water Works’s dividend payout ratio (DPR) is currently 59.64%.

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.