American Water Works Company, Inc. $AWK Shares Bought by Tredje AP fonden

Tredje AP fonden raised its position in American Water Works Company, Inc. (NYSE:AWKFree Report) by 36.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,927 shares of the utilities provider’s stock after buying an additional 5,297 shares during the quarter. Tredje AP fonden’s holdings in American Water Works were worth $2,774,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Raiffeisen Bank International AG boosted its stake in American Water Works by 14.9% during the 3rd quarter. Raiffeisen Bank International AG now owns 53,482 shares of the utilities provider’s stock worth $7,330,000 after purchasing an additional 6,925 shares during the period. Bridgewater Advisors Inc. increased its stake in American Water Works by 5.2% in the third quarter. Bridgewater Advisors Inc. now owns 3,836 shares of the utilities provider’s stock valued at $534,000 after purchasing an additional 189 shares during the period. Synovus Financial Corp purchased a new stake in shares of American Water Works in the third quarter valued at about $339,000. Alberta Investment Management Corp acquired a new stake in shares of American Water Works during the third quarter worth about $933,000. Finally, CenterBook Partners LP grew its holdings in shares of American Water Works by 70.6% during the third quarter. CenterBook Partners LP now owns 7,118 shares of the utilities provider’s stock worth $991,000 after buying an additional 2,945 shares during the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

American Water Works Trading Down 1.5%

Shares of AWK opened at $129.44 on Friday. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month high of $155.50. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $25.27 billion, a P/E ratio of 22.75, a PEG ratio of 3.02 and a beta of 0.77. The firm’s 50-day moving average is $129.92 and its two-hundred day moving average is $134.51.

American Water Works (NYSE:AWKGet Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.04). The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.29 billion. American Water Works had a return on equity of 10.38% and a net margin of 21.61%.American Water Works’s revenue was up 5.8% compared to the same quarter last year. During the same period last year, the firm earned $1.15 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, 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 announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 10th will be issued a $0.8275 dividend. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $3.31 annualized dividend and a yield of 2.6%. American Water Works’s dividend payout ratio is 58.17%.

American Water Works News Summary

Here are the key news stories impacting American Water Works this week:

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AWK. Barclays decreased their price objective on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research report on Wednesday, December 17th. Jefferies Financial Group raised American Water Works from an “underperform” rating to a “hold” rating and increased their price target for the stock from $114.00 to $124.00 in a report on Wednesday, November 5th. Wells Fargo & Company reduced their target price on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Mizuho set a $145.00 price target on shares of American Water Works in a research note on Tuesday, October 28th. Finally, Bank of America raised American Water Works from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $117.00 to $139.00 in a report on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, American Water Works presently has an average rating of “Hold” and an average price target of $140.89.

Get Our Latest Report on American Water Works

American Water Works Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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