10,175 Shares in American Water Works Company, Inc. $AWK Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new position in American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,175 shares of the utilities provider’s stock, valued at approximately $1,339,000.

Several other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of American Water Works during the 2nd quarter valued at approximately $2,712,173,000. GQG Partners LLC bought a new stake in shares of American Water Works in the 2nd quarter worth approximately $1,171,477,000. Wellington Management Group LLP raised its holdings in shares of American Water Works by 3,274.6% in the 4th quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider’s stock worth $925,605,000 after purchasing an additional 6,882,575 shares during the period. Norges Bank purchased a new position in American Water Works in the fourth quarter valued at approximately $337,004,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in American Water Works by 383.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider’s stock valued at $361,355,000 after purchasing an additional 2,058,656 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Down 0.0%

American Water Works stock opened at $137.54 on Thursday. The firm has a 50 day simple moving average of $133.64 and a 200 day simple moving average of $131.81. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $145.64. The firm has a market capitalization of $27.33 billion, a price-to-earnings ratio of 23.84, a P/E/G ratio of 2.80 and a beta of 0.60.

American Water Works (NYSE:AWK) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the business posted $1.48 earnings per share. The business’s quarterly revenue 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. On average, analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AWK. UBS Group raised their target price on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Barclays increased their price target on American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. Mizuho lifted their price objective on American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Truist Financial set a $139.00 price objective on American Water Works in a research note on Tuesday, August 4th. Finally, Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus 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.