American Water Works Company, Inc. $AWK Shares Purchased by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA raised its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 56.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,509 shares of the utilities provider’s stock after buying an additional 12,114 shares during the period. Middleton & Co. Inc. MA’s holdings in American Water Works were worth $4,664,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. American National Bank & Trust acquired a new position in shares of American Water Works during the 3rd quarter valued at $26,000. Concord Wealth Partners purchased a new position in American Water Works in the second quarter valued at about $28,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in American Water Works in the third quarter valued at about $28,000. Elevation Point Wealth Partners LLC acquired a new position in shares of American Water Works during the second quarter worth about $29,000. Finally, GoalVest Advisory LLC boosted its position in shares of American Water Works by 8,566.7% in the second quarter. GoalVest Advisory LLC now owns 260 shares of the utilities provider’s stock worth $36,000 after buying an additional 257 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Down 1.4%

AWK stock opened at $131.44 on Wednesday. The company has a current ratio of 0.42, a quick ratio of 0.39 and a debt-to-equity ratio of 1.19. The firm has a 50 day simple moving average of $130.63 and a 200-day simple moving average of $136.62. The company has a market capitalization of $25.65 billion, a P/E ratio of 23.10, a PEG ratio of 3.10 and a beta of 0.76. American Water Works Company, Inc. has a twelve month low of $120.63 and a twelve month high of $155.50.

American Water Works (NYSE:AWK) last posted its quarterly earnings data 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 firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.36 billion. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. The firm’s revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm 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. On average, equities research analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on AWK shares. Mizuho set a $145.00 price target on American Water Works in a research report on Tuesday, October 28th. TD Cowen started coverage on shares of American Water Works in a research note on Thursday, October 16th. They set a “hold” rating and a $155.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. Jefferies Financial Group raised shares of American Water Works from an “underperform” rating to a “hold” rating and raised their price target for the company from $114.00 to $124.00 in a report on Wednesday, November 5th. Finally, UBS Group set a $149.00 price objective on shares of American Water Works in a report on Wednesday, December 17th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $139.60.

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.