Dearborn Partners LLC Makes New $17.18 Million Investment in American Water Works Company, Inc. $AWK

Dearborn Partners LLC acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) during the second quarter, HoldingsChannel reports. The firm acquired 126,235 shares of the utilities provider’s stock, valued at approximately $17,179,000.

A number of other institutional investors and hedge funds have also made changes to their positions in AWK. Reflection Asset Management acquired a new stake in shares of American Water Works during the fourth quarter worth about $25,000. Ascentis Independent Advisors purchased a new stake in American Water Works during the 1st quarter valued at approximately $27,000. Transamerica Financial Advisors LLC lifted 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 worth $26,000 after acquiring an additional 90 shares during the period. Nemes Rush Group LLC acquired a new stake in American Water Works during the 4th quarter worth approximately $27,000. Finally, Harborfront Financial Group LLC purchased a new position in shares of American Water Works in the 2nd quarter valued at approximately $29,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AWK has been the topic of a number of recent research reports. Mizuho boosted their target price on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. UBS Group lifted their price objective on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Barclays boosted their price objective on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research note on Wednesday, July 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $138.78.

American Water Works Stock Performance

NYSE AWK opened at $139.90 on Tuesday. 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 business’s 50 day moving average is $133.22 and its two-hundred day moving average is $131.64. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $146.29. The stock has a market capitalization of $27.80 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 2.76 and a beta of 0.60.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts expect that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Announces Dividend

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

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.