Partners Group Holding AG Lowers Holdings in American Water Works Company, Inc. $AWK

Partners Group Holding AG trimmed its holdings in American Water Works Company, Inc. (NYSE:AWK) by 14.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 307,389 shares of the utilities provider’s stock after selling 53,298 shares during the quarter. American Water Works accounts for approximately 2.7% of Partners Group Holding AG’s investment portfolio, making the stock its 13th biggest holding. Partners Group Holding AG’s holdings in American Water Works were worth $40,114,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC boosted its holdings in American Water Works by 71.7% in the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 81 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in American Water Works in the third quarter valued at $27,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in American Water Works in the third quarter valued at $28,000. Cloud Capital Management LLC purchased a new stake in American Water Works in the third quarter valued at $29,000. Finally, Westfuller Advisors LLC purchased a new stake in American Water Works in the third quarter valued at $33,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Truist Financial assumed coverage on shares of American Water Works in a report on Tuesday, April 21st. They issued a “hold” rating and a $137.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Friday, March 27th. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 26th. UBS Group lowered their target price on shares of American Water Works from $149.00 to $137.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Finally, Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $139.11.

American Water Works Trading Down 0.5%

AWK stock opened at $124.26 on Wednesday. The company’s 50-day simple moving average is $133.10 and its 200-day simple moving average is $131.37. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16. American Water Works Company, Inc. has a 52-week low of $121.28 and a 52-week high of $147.87. The firm has a market cap of $24.27 billion, a P/E ratio of 22.03, a PEG ratio of 2.75 and a beta of 0.64.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.17 billion. American Water Works had a net margin of 21.17% and a return on equity of 10.20%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts forecast that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Tuesday, May 12th will be paid a $0.895 dividend. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $3.58 dividend on an annualized basis and a yield of 2.9%. This is a boost from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio is 63.48%.

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.