American Water Works Company, Inc. $AWK Stock Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in American Water Works Company, Inc. (NYSE:AWK) by 291.4% during the third quarter, Holdings Channel.com reports. The fund owned 100,806 shares of the utilities provider’s stock after acquiring an additional 75,054 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in American Water Works were worth $14,116,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Diversify Advisory Services LLC increased its holdings in American Water Works by 91.1% during the 3rd quarter. Diversify Advisory Services LLC now owns 6,035 shares of the utilities provider’s stock valued at $781,000 after purchasing an additional 2,877 shares during the period. South Shore Capital Advisors raised its position in American Water Works by 76.6% during the 3rd quarter. South Shore Capital Advisors now owns 3,584 shares of the utilities provider’s stock valued at $464,000 after purchasing an additional 1,555 shares during the last quarter. Net Worth Advisory Group purchased a new stake in American Water Works in the 3rd quarter worth approximately $159,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in American Water Works by 13.0% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 164,335 shares of the utilities provider’s stock worth $22,005,000 after buying an additional 18,932 shares during the period. Finally, Midway Capital Research & Management lifted its holdings in American Water Works by 1,131.1% in the 3rd quarter. Midway Capital Research & Management now owns 13,850 shares of the utilities provider’s stock worth $1,793,000 after buying an additional 12,725 shares during the period. 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 $142.83 on Friday. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $144.14. The stock has a market capitalization of $28.38 billion, a P/E ratio of 24.75, a P/E/G ratio of 2.92 and a beta of 0.58. The company’s 50-day moving average is $135.13 and its 200 day moving average is $131.97. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. American Water Works’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the business posted $1.48 earnings per share. 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 6.08 earnings per share for the current year.

American Water Works Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a $0.8950 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.5%. American Water Works’s dividend payout ratio is currently 62.05%.

Wall Street Analyst Weigh In

AWK has been the topic of a number of recent analyst reports. Truist Financial set a $139.00 price objective on American Water Works in a research report on Tuesday, August 4th. JPMorgan Chase & Co. raised their price target on American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Finally, Weiss Ratings upgraded shares of American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $136.75.

About American Water Works

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.