33,775 Shares in American Water Works Company, Inc. $AWK Bought by SFE Investment Counsel

SFE Investment Counsel acquired a new position in shares of American Water Works Company, Inc. (NYSE:AWK) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 33,775 shares of the utilities provider’s stock, valued at approximately $4,444,000.

A number of other hedge funds have also bought and sold shares of AWK. Wellington Management Group LLP lifted its holdings in shares of American Water Works by 3,274.6% in the 4th quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider’s stock worth $925,605,000 after acquiring an additional 6,882,575 shares during the last quarter. Norges Bank bought a new position in American Water Works during the 4th quarter valued at about $337,004,000. GQG Partners LLC raised its position in American Water Works by 64.2% in the 4th quarter. GQG Partners LLC now owns 6,493,161 shares of the utilities provider’s stock worth $847,361,000 after purchasing an additional 2,539,683 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in American Water Works by 383.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider’s stock worth $361,355,000 after purchasing an additional 2,058,656 shares during the period. Finally, Impax Asset Management Group plc lifted its stake in American Water Works by 38.0% in the fourth quarter. Impax Asset Management Group plc now owns 2,386,873 shares of the utilities provider’s stock worth $311,487,000 after purchasing an additional 657,849 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AWK. Bank of America restated a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. Wells Fargo & Company set a $131.00 price objective on American Water Works in a report on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research report on Wednesday, June 24th. Finally, Mizuho increased their target price on American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $138.78.

American Water Works Price Performance

Shares of AWK stock opened at $136.25 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49. The company has a market capitalization of $27.08 billion, a P/E ratio of 23.61, a P/E/G ratio of 2.75 and a beta of 0.60. The company’s 50-day simple moving average is $131.81 and its two-hundred day simple moving average is $131.25. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $147.87.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period last year, the company posted $1.48 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts anticipate that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a dividend of $0.895 per share. This represents a $3.58 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is presently 62.05%.

American Water Works Company 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.