Trillium Asset Management LLC Sells 42,724 Shares of American Water Works Company, Inc. $AWK

Trillium Asset Management LLC lowered its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 15.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 232,962 shares of the utilities provider’s stock after selling 42,724 shares during the period. American Water Works accounts for about 0.9% of Trillium Asset Management LLC’s investment portfolio, making the stock its 27th largest position. Trillium Asset Management LLC owned about 0.12% of American Water Works worth $30,677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of AWK. Salomon & Ludwin LLC increased its position in American Water Works by 71.7% during the fourth 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. Nemes Rush Group LLC purchased a new stake in American Water Works in the fourth quarter worth about $27,000. Midwest Capital Advisors LLC purchased a new stake in American Water Works in the fourth quarter worth about $39,000. Elevation Wealth Partners LLC purchased a new stake in American Water Works in the fourth quarter worth about $40,000. Finally, Clayton Financial Group LLC purchased a new stake in American Water Works in the fourth quarter worth about $40,000. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of American Water Works stock opened at $126.25 on Friday. The company has a market capitalization of $24.65 billion, a PE ratio of 22.38, a P/E/G ratio of 2.70 and a beta of 0.62. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37. The company has a 50-day simple moving average of $128.50 and a two-hundred day simple moving average of $130.65. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $147.87.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, April 29th. The utilities provider reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). The firm had revenue of $1.21 billion during 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 business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts expect that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were issued a $0.895 dividend. This is a boost 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 2.8%. The ex-dividend date was Tuesday, May 12th. American Water Works’s dividend payout ratio is presently 63.48%.

Analyst Ratings Changes

A number of analysts recently weighed in on AWK shares. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 26th. Bank of America lowered their price objective on shares of American Water Works from $147.00 to $134.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Friday, March 27th. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a research note on Tuesday, April 21st. Finally, Truist Financial reduced their target price on shares of American Water Works from $137.00 to $130.00 and set a “hold” rating for the company in a report on Friday, May 29th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, American Water Works presently has an average rating of “Hold” and an average price target of $138.11.

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.