IFP Advisors Inc Has $1.53 Million Stake in American Water Works Company, Inc. $AWK

IFP Advisors Inc lifted its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 698.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,717 shares of the utilities provider’s stock after acquiring an additional 10,249 shares during the quarter. IFP Advisors Inc’s holdings in American Water Works were worth $1,529,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AWK. Salomon & Ludwin LLC boosted its holdings in shares of American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 81 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of American Water Works during the 3rd quarter valued at $27,000. Cloud Capital Management LLC acquired a new stake in shares of American Water Works during the 3rd quarter valued at $29,000. Westfuller Advisors LLC acquired a new stake in shares of American Water Works during the 3rd quarter valued at $33,000. Finally, Midwest Capital Advisors LLC acquired a new stake in shares of American Water Works during the 4th quarter valued at $39,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Up 1.2%

Shares of AWK opened at $125.31 on Friday. The company has a market capitalization of $24.47 billion, a PE ratio of 22.22, a PEG ratio of 2.69 and a beta of 0.64. American Water Works Company, Inc. has a 12 month low of $121.28 and a 12 month high of $147.87. The stock’s 50-day moving average price is $132.44 and its two-hundred day moving average price is $131.27. The company has a current ratio of 0.37, a quick ratio of 0.34 and a debt-to-equity ratio of 1.16.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, April 29th. The utilities provider reported $1.01 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.09). The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, analysts anticipate that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th will be issued a dividend of $0.895 per share. This represents a $3.58 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, May 12th. This is a boost from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio (DPR) is presently 63.48%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AWK shares. UBS Group cut their price objective on American Water Works from $149.00 to $137.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a report on Sunday, April 26th. Bank of America cut their target price on American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Barclays lifted their target price on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a report on Monday, April 20th. One 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, the company presently has an average rating of “Hold” and a consensus target price of $138.56.

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.