Robeco Schweiz AG Reduces Position in American Water Works Company, Inc. $AWK

Robeco Schweiz AG trimmed its stake in American Water Works Company, Inc. (NYSE:AWK) by 9.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 270,132 shares of the utilities provider’s stock after selling 28,691 shares during the period. Robeco Schweiz AG’s holdings in American Water Works were worth $37,600,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new stake in American Water Works during the third quarter valued at approximately $125,000. St. Johns Investment Management Company LLC lifted its position in American Water Works by 5.8% during the third quarter. St. Johns Investment Management Company LLC now owns 3,864 shares of the utilities provider’s stock valued at $538,000 after purchasing an additional 212 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of American Water Works by 9.1% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 6,986 shares of the utilities provider’s stock worth $972,000 after buying an additional 582 shares during the last quarter. First Horizon Corp purchased a new position in shares of American Water Works during the 3rd quarter valued at approximately $37,000. Finally, MGO One Seven LLC raised its position in shares of American Water Works by 98.2% in the third quarter. MGO One Seven LLC now owns 3,381 shares of the utilities provider’s stock worth $471,000 after acquiring an additional 1,675 shares during the period. 86.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Mizuho set a $145.00 price target on American Water Works in a research note on Tuesday, October 28th. TD Cowen began coverage on shares of American Water Works in a report on Thursday, October 16th. They issued a “hold” rating and a $155.00 price objective on the stock. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $117.00 to $139.00 in a research note on Monday. Cowen assumed coverage on American Water Works in a research note on Wednesday, October 15th. They set a “hold” rating for the company. Finally, Wells Fargo & Company began coverage on American Water Works in a report on Monday, October 27th. They issued an “equal weight” rating and a $142.00 target price for the company. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, American Water Works presently has an average rating of “Hold” and a consensus price target of $141.20.

American Water Works Stock Performance

Shares of AWK stock opened at $131.20 on Wednesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.42 and a quick ratio of 0.39. The company’s fifty day moving average price is $130.35 and its two-hundred day moving average price is $136.89. The firm has a market capitalization of $25.61 billion, a P/E ratio of 23.06, a P/E/G ratio of 3.15 and a beta of 0.76. American Water Works Company, Inc. has a 12 month low of $120.63 and a 12 month high of $155.50.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.36 billion. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 earnings per share. 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. On average, research analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Announces Dividend

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

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.