American Water Works Company, Inc. $AWK Stock Holdings Boosted by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC lifted its position in shares of American Water Works Company, Inc. (NYSE:AWKFree Report) by 82.7% in the 4th quarter, Holdings Channel reports. The fund owned 21,430 shares of the utilities provider’s stock after buying an additional 9,698 shares during the period. Cbre Investment Management Listed Real Assets LLC’s holdings in American Water Works were worth $2,797,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the stock. Oppenheimer Asset Management Inc. lifted its holdings in American Water Works by 2.0% in the third quarter. Oppenheimer Asset Management Inc. now owns 3,856 shares of the utilities provider’s stock worth $537,000 after purchasing an additional 77 shares during the period. SeaCrest Wealth Management LLC lifted its holdings in American Water Works by 3.5% in the fourth quarter. SeaCrest Wealth Management LLC now owns 2,269 shares of the utilities provider’s stock worth $289,000 after purchasing an additional 77 shares during the period. Peddock Capital Advisors LLC lifted its holdings in American Water Works by 2.9% in the 4th quarter. Peddock Capital Advisors LLC now owns 2,824 shares of the utilities provider’s stock valued at $369,000 after acquiring an additional 79 shares during the last quarter. Salomon & Ludwin LLC lifted its holdings in American Water Works by 71.7% in the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 81 shares during the last quarter. Finally, Faithward Advisors LLC lifted its holdings in American Water Works by 5.4% in the 3rd quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock valued at $223,000 after acquiring an additional 82 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Down 1.8%

Shares of American Water Works stock opened at $120.99 on Tuesday. The stock has a market capitalization of $23.63 billion, a P/E ratio of 21.45, a PEG ratio of 2.67 and a beta of 0.62. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16. The stock has a 50 day moving average price of $130.64 and a two-hundred day moving average price of $131.04. American Water Works Company, Inc. has a 12-month low of $120.61 and a 12-month high of $147.87.

American Water Works (NYSE:AWKGet Free Report) last announced its earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.05 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th will be given a dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This is an increase from American Water Works’s previous quarterly dividend of $0.83. This represents a $3.58 dividend on an annualized basis and a yield of 3.0%. American Water Works’s dividend payout ratio (DPR) is currently 63.48%.

Analyst Ratings Changes

A number of research firms have commented on AWK. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a research note on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. Bank of America dropped their target price on American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Truist Financial dropped their target price on American Water Works from $137.00 to $130.00 and set a “hold” rating on the stock in a report on Friday. Finally, Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Sunday, April 26th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $138.11.

View Our Latest Analysis on American Water Works

Key American Water Works News

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American Water Works Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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