American Water Works Company, Inc. $AWK Position Increased by Intech Investment Management LLC

Intech Investment Management LLC lifted its position in American Water Works Company, Inc. (NYSE:AWK) by 328.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,796 shares of the utilities provider’s stock after acquiring an additional 18,246 shares during the period. Intech Investment Management LLC’s holdings in American Water Works were worth $3,312,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AWK. New York State Common Retirement Fund raised its position in American Water Works by 14.5% during the third quarter. New York State Common Retirement Fund now owns 350,471 shares of the utilities provider’s stock valued at $48,782,000 after buying an additional 44,336 shares during the period. Wesbanco Bank Inc. boosted its position in American Water Works by 5.6% during the 3rd quarter. Wesbanco Bank Inc. now owns 85,976 shares of the utilities provider’s stock worth $11,967,000 after acquiring an additional 4,553 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in American Water Works by 31.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 136,504 shares of the utilities provider’s stock valued at $19,000,000 after acquiring an additional 32,834 shares in the last quarter. Asset Management One Co. Ltd. grew its stake in American Water Works by 7.2% during the 3rd quarter. Asset Management One Co. Ltd. now owns 116,690 shares of the utilities provider’s stock valued at $16,242,000 after acquiring an additional 7,831 shares in the last quarter. Finally, Swedbank AB increased its holdings in shares of American Water Works by 88.5% in the 3rd quarter. Swedbank AB now owns 257,413 shares of the utilities provider’s stock valued at $35,829,000 after purchasing an additional 120,890 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on AWK. Jefferies Financial Group upgraded shares of American Water Works from an “underperform” rating to a “hold” rating and raised their price target for the stock from $114.00 to $124.00 in a report on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. Barclays lowered their price target on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a report on Wednesday, December 17th. UBS Group set a $149.00 price objective on American Water Works in a report on Wednesday, December 17th. Finally, Wells Fargo & Company lowered their target price on American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 20th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $140.89.

American Water Works Stock Down 0.5%

American Water Works stock opened at $135.40 on Tuesday. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18. American Water Works Company, Inc. has a 1-year low of $121.28 and a 1-year high of $155.50. The firm’s fifty day simple moving average is $130.13 and its 200-day simple moving average is $134.05. The company has a market capitalization of $26.43 billion, a P/E ratio of 23.80, a P/E/G ratio of 3.17 and a beta of 0.77.

American Water Works (NYSE:AWK) last posted its 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). American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the company earned $1.15 earnings per share. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 10th will be paid a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, February 10th. American Water Works’s dividend payout ratio (DPR) is presently 58.17%.

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.