AMF Tjanstepension AB Purchases 48,092 Shares of American Water Works Company, Inc. $AWK

AMF Tjanstepension AB increased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 46.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,624 shares of the utilities provider’s stock after purchasing an additional 48,092 shares during the period. AMF Tjanstepension AB’s holdings in American Water Works were worth $19,656,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of American Water Works by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock valued at $3,650,543,000 after purchasing an additional 597,916 shares during the period. State Street Corp grew its stake in American Water Works by 1.1% during the third quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock valued at $1,607,886,000 after acquiring an additional 120,870 shares in the last quarter. Bank of America Corp DE grew its stake in American Water Works by 3.7% during the third quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider’s stock valued at $386,882,000 after acquiring an additional 98,042 shares in the last quarter. Pictet Asset Management Holding SA grew its stake in American Water Works by 0.9% during the fourth quarter. Pictet Asset Management Holding SA now owns 2,639,521 shares of the utilities provider’s stock valued at $344,462,000 after acquiring an additional 22,827 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in American Water Works by 383.0% during 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 acquiring an additional 2,058,656 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

American Water Works Stock Performance

Shares of NYSE:AWK opened at $124.81 on Tuesday. American Water Works Company, Inc. has a 52 week low of $121.28 and a 52 week high of $147.87. The stock has a market capitalization of $24.37 billion, a P/E ratio of 22.13, a PEG ratio of 2.74 and a beta of 0.64. The firm has a fifty day simple moving average of $133.36 and a two-hundred day simple moving average of $131.41. 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 (NYSE:AWK) last issued its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the business earned $1.05 earnings per share. The business’s quarterly revenue was up 5.7% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Increases Dividend

The company 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 dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $3.58 dividend on an annualized basis and a dividend 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 presently 63.48%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AWK shares. Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a research note on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Friday, March 27th. Truist Financial assumed coverage on shares of American Water Works in a research note on Tuesday, April 21st. They issued a “hold” rating and a $137.00 price objective for the company. UBS Group dropped their price objective on shares of American Water Works from $149.00 to $137.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Finally, Barclays lifted their price objective on shares of American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research note on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $139.11.

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.