Sandro Wealth Management LLC Makes New Investment in American Water Works Company, Inc. $AWK

Sandro Wealth Management LLC bought a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 9,476 shares of the utilities provider’s stock, valued at approximately $1,247,000.

A number of other institutional investors have also recently made changes to their positions in the business. Reflection Asset Management bought a new stake in American Water Works in the fourth quarter worth about $25,000. Salomon & Ludwin LLC raised its holdings in shares of American Water Works by 71.7% in the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after buying an additional 81 shares during the period. Transamerica Financial Advisors LLC raised its holdings in shares of American Water Works by 82.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after buying an additional 90 shares during the period. Ascentis Independent Advisors bought a new stake in shares of American Water Works during the 1st quarter worth approximately $27,000. Finally, Nemes Rush Group LLC bought a new stake in shares of American Water Works during the 4th quarter worth approximately $27,000. Institutional investors own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AWK shares. Wells Fargo & Company set a $131.00 price objective on American Water Works in a research report on Tuesday, April 21st. Mizuho lifted their target price on American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Bank of America reiterated a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Truist Financial set a $139.00 target price on shares of American Water Works in a research note on Tuesday, August 4th. Finally, Wall Street Zen upgraded shares of American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $138.78.

American Water Works Stock Performance

American Water Works stock opened at $136.25 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. The company has a market capitalization of $27.08 billion, a PE ratio of 23.61, a P/E/G ratio of 2.75 and a beta of 0.60. The company has a 50 day moving average price of $131.81 and a 200-day moving average price of $131.25. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $147.87.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.08. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.American Water Works’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a $0.895 dividend. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works’s dividend payout ratio is currently 62.05%.

American Water Works Profile

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.