Oak Thistle LLC Makes New $2.18 Million Investment in American Water Works Company, Inc. $AWK

Oak Thistle LLC bought a new position in American Water Works Company, Inc. (NYSE:AWK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 16,695 shares of the utilities provider’s stock, valued at approximately $2,179,000.

A number of other hedge funds have also added to or reduced their stakes in AWK. American National Bank & Trust bought a new stake in American Water Works in the third quarter worth approximately $26,000. Grey Fox Wealth Advisors LLC bought a new stake in American Water Works in the third quarter worth approximately $27,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in American Water Works in the third quarter worth approximately $28,000. Cloud Capital Management LLC bought a new stake in American Water Works in the third quarter worth approximately $29,000. Finally, Westfuller Advisors LLC bought a new stake in American Water Works in the third quarter worth approximately $33,000. 86.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on AWK shares. UBS Group set a $149.00 target price on American Water Works in a report on Wednesday, December 17th. Wells Fargo & Company reduced their price objective on American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Friday, March 27th. Bank of America raised American Water Works from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $117.00 to $139.00 in a research note on Monday, January 12th. Finally, Barclays reduced their price objective on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $140.89.

American Water Works Trading Down 1.9%

Shares of American Water Works stock opened at $135.35 on Wednesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46. American Water Works Company, Inc. has a 52 week low of $121.28 and a 52 week high of $150.51. The stock has a 50 day moving average price of $133.32 and a two-hundred day moving average price of $133.19. The stock has a market capitalization of $26.43 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 3.22 and a beta of 0.74.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.04). American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the business posted $1.15 EPS. The company’s revenue was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

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.