Mizuho Issues Positive Forecast for American Water Works (NYSE:AWK) Stock Price

American Water Works (NYSE:AWK) had its price objective lifted by research analysts at Mizuho from $130.00 to $140.00 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the utilities provider’s stock. Mizuho’s price target indicates a potential upside of 2.97% from the stock’s previous close.

A number of other analysts have also weighed in on the company. Truist Financial lowered their target price on American Water Works from $137.00 to $130.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Wells Fargo & Company set a $131.00 price target on shares of American Water Works in a research report on Tuesday, April 21st. JPMorgan Chase & Co. increased their price objective on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Wall Street Zen cut shares of American Water Works from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 26th. Finally, Barclays raised their price target on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $140.10.

American Water Works Price Performance

Shares of AWK traded down $0.84 on Friday, hitting $135.97. The company’s stock had a trading volume of 861,855 shares, compared to its average volume of 1,981,687. The company has a market capitalization of $26.55 billion, a PE ratio of 23.57, a PEG ratio of 2.79 and a beta of 0.61. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. American Water Works has a fifty-two week low of $120.57 and a fifty-two week high of $147.87. The company has a 50 day moving average price of $129.35 and a 200 day moving average price of $131.01.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a return on equity of 10.38% and a net margin of 21.35%.The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the prior year, the company earned $1.48 EPS. American Water Works’s revenue for the quarter was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts anticipate that American Water Works will post 6.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AWK. Salomon & Ludwin LLC grew its position 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 worth $25,000 after buying an additional 81 shares during the period. Reflection Asset Management acquired a new position in American Water Works in the fourth quarter valued at approximately $25,000. Transamerica Financial Advisors LLC boosted its stake in American Water Works by 82.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 90 shares during the last quarter. Nemes Rush Group LLC bought a new position in American Water Works in the fourth quarter valued at approximately $27,000. Finally, Ascentis Independent Advisors acquired a new stake in American Water Works during the 1st quarter worth $27,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

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.