Nisa Investment Advisors LLC Buys 9,173 Shares of American Water Works Company, Inc. $AWK

Nisa Investment Advisors LLC lifted its stake in American Water Works Company, Inc. (NYSE:AWK) by 46.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,792 shares of the utilities provider’s stock after purchasing an additional 9,173 shares during the period. Nisa Investment Advisors LLC’s holdings in American Water Works were worth $4,116,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of American Water Works during the second quarter valued at about $2,712,173,000. Wellington Management Group LLP raised its stake in American Water Works by 35.2% in the second quarter. Wellington Management Group LLP now owns 14,911,963 shares of the utilities provider’s stock worth $1,962,116,000 after buying an additional 3,883,057 shares in the last quarter. GQG Partners LLC bought a new position in American Water Works in the second quarter worth about $1,171,477,000. Amundi raised its stake in American Water Works by 4.3% in the first quarter. Amundi now owns 4,351,056 shares of the utilities provider’s stock worth $592,081,000 after buying an additional 179,127 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in American Water Works in the second quarter worth about $443,787,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Trading Down 0.3%

Shares of NYSE AWK opened at $142.83 on Friday. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $144.14. The stock has a market cap of $28.38 billion, a P/E ratio of 24.75, a price-to-earnings-growth ratio of 2.92 and a beta of 0.58. The firm has a 50-day moving average of $135.13 and a 200 day moving average of $131.97. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the previous year, the firm posted $1.48 earnings per share. American Water Works’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. As a group, sell-side analysts expect that American Water Works Company, Inc. will post 6.08 EPS for the current fiscal year.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were issued a dividend of $0.8950 per share. This represents a $3.58 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is presently 62.05%.

Analyst Upgrades and Downgrades

AWK has been the subject of several research analyst reports. Weiss Ratings upgraded shares of American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 2nd. UBS Group reduced their target price on American Water Works from $162.00 to $153.00 and set a “buy” rating on the stock in a report on Friday, October 16th. Bank of America reissued a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Barclays lowered their target price on American Water Works from $130.00 to $127.00 and set an “underweight” rating for the company in a research note on Monday. Finally, Mizuho lifted their price target on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $136.75.

American Water Works Company Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.