Mirova US LLC Has $226.41 Million Stock Holdings in American Water Works Company, Inc. $AWK

Mirova US LLC trimmed its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 3.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,626,653 shares of the utilities provider’s stock after selling 53,521 shares during the quarter. American Water Works accounts for about 2.3% of Mirova US LLC’s portfolio, making the stock its 18th largest position. Mirova US LLC’s holdings in American Water Works were worth $226,414,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of AWK. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of American Water Works in the second quarter worth $28,000. Concord Wealth Partners acquired a new position in American Water Works during the 2nd quarter worth about $28,000. WPG Advisers LLC bought a new stake in shares of American Water Works in the 1st quarter valued at about $29,000. Elevation Point Wealth Partners LLC bought a new stake in shares of American Water Works in the 2nd quarter valued at about $29,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of American Water Works in the first quarter valued at about $30,000. Institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AWK. Barclays cut their price objective on American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research note on Wednesday, December 17th. UBS Group set a $149.00 price target on shares of American Water Works in a research report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 22nd. Mizuho set a $145.00 target price on shares of American Water Works in a report on Tuesday, October 28th. Finally, TD Cowen initiated coverage on shares of American Water Works in a research report on Thursday, October 16th. They set a “hold” rating and a $155.00 price target on the stock. One research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, American Water Works has an average rating of “Hold” and an average target price of $141.44.

American Water Works Price Performance

Shares of NYSE AWK opened at $130.83 on Tuesday. The firm has a market capitalization of $25.54 billion, a P/E ratio of 22.99, a P/E/G ratio of 3.36 and a beta of 0.76. The firm’s 50-day moving average price is $131.54 and its 200-day moving average price is $137.75. The company has a current ratio of 0.42, a quick ratio of 0.39 and a debt-to-equity ratio of 1.19. American Water Works Company, Inc. has a 1-year low of $118.74 and a 1-year high of $155.50.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, October 29th. The utilities provider reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.36 billion. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.The firm’s revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.80 EPS. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 10th will be paid a dividend of $0.8275 per share. The ex-dividend date is Tuesday, February 10th. This represents a $3.31 dividend on an annualized basis and a yield of 2.5%. American Water Works’s payout ratio is 58.17%.

American Water Works 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.