Trillium Asset Management LLC Acquires Shares of 214,327 American Water Works Company, Inc. $AWK

Trillium Asset Management LLC acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 214,327 shares of the utilities provider’s stock, valued at approximately $28,201,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Reflection Asset Management purchased a new position in shares of American Water Works in the fourth quarter worth $25,000. Salomon & Ludwin LLC raised its holdings in 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 buying an additional 81 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in American Water Works during the 1st quarter valued at $27,000. Transamerica Financial Advisors LLC boosted its position in American Water Works by 82.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after buying an additional 90 shares during the period. Finally, Nemes Rush Group LLC bought a new stake in American Water Works in the 4th quarter worth $27,000. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Down 1.1%

Shares of American Water Works stock opened at $137.20 on Friday. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. The company’s fifty day simple moving average is $132.77 and its two-hundred day simple moving average is $131.47. The company has a market cap of $27.27 billion, a P/E ratio of 23.78, a PEG ratio of 2.80 and a beta of 0.60. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $147.84.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the prior year, the business earned $1.48 EPS. The company’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. Research analysts anticipate that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.895 dividend. This represents a $3.58 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 11th. American Water Works’s dividend payout ratio is presently 62.05%.

Analysts Set New Price Targets

AWK has been the topic of a number of analyst reports. Bank of America restated a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. Mizuho boosted their price target on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. JPMorgan Chase & Co. upped their price target on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $138.78.

About American Water Works

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.