American Water Works Company, Inc. $AWK Shares Purchased by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA raised its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 56.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,509 shares of the utilities provider’s stock after purchasing an additional 12,114 shares during the period. Middleton & Co. Inc. MA’s holdings in American Water Works were worth $4,664,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. American National Bank & Trust acquired a new position in shares of American Water Works in the 3rd quarter valued at about $26,000. Concord Wealth Partners bought a new position in American Water Works in the second quarter worth about $28,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in American Water Works in the third quarter valued at approximately $28,000. Elevation Point Wealth Partners LLC acquired a new position in American Water Works in the second quarter valued at approximately $29,000. Finally, GoalVest Advisory LLC raised its position in shares of American Water Works by 8,566.7% during the 2nd quarter. GoalVest Advisory LLC now owns 260 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 257 shares during the period. 86.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AWK shares. Mizuho set a $145.00 price objective on American Water Works in a research report on Tuesday, October 28th. UBS Group set a $149.00 target price on American Water Works in a research note on Wednesday, December 17th. Cowen started coverage on shares of American Water Works in a research report on Wednesday, October 15th. They set a “hold” rating for the company. Barclays dropped their price objective 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $139.60.

American Water Works Price Performance

Shares of NYSE AWK opened at $131.44 on Wednesday. The stock has a market cap of $25.65 billion, a P/E ratio of 23.10, a P/E/G ratio of 3.10 and a beta of 0.76. The firm’s 50-day simple moving average is $130.63 and its 200 day simple moving average is $136.62. American Water Works Company, Inc. has a fifty-two week low of $120.63 and a fifty-two week high of $155.50. The company has a quick ratio of 0.39, a current ratio of 0.42 and a debt-to-equity ratio of 1.19.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the prior year, the firm posted $1.80 EPS. American Water Works’s revenue was up 9.7% compared to the same quarter last year. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. Equities analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 10th will be issued a dividend of $0.8275 per share. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $3.31 annualized dividend and a yield of 2.5%. American Water Works’s payout ratio is presently 58.17%.

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.