4,268 Shares in American Water Works Company, Inc. $AWK Acquired by Cullen Capital Management LLC

Cullen Capital Management LLC purchased a new stake in American Water Works Company, Inc. (NYSE:AWK) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,268 shares of the utilities provider’s stock, valued at approximately $562,000.

Several other hedge funds have also added to or reduced their stakes in AWK. Reflection Asset Management acquired a new position in shares of American Water Works in the fourth quarter valued at $25,000. Transamerica Financial Advisors LLC lifted its stake in shares of American Water Works by 82.6% during the 4th 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 last quarter. Ascentis Independent Advisors bought a new stake in shares of American Water Works during the 1st quarter worth about $27,000. Nemes Rush Group LLC acquired a new position in American Water Works in the 4th quarter valued at about $27,000. Finally, Harborfront Financial Group LLC bought a new position in American Water Works in the 2nd quarter valued at about $29,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Price Performance

Shares of NYSE AWK opened at $137.58 on Wednesday. The business has a fifty day moving average price of $133.40 and a two-hundred day moving average price of $131.73. The stock has a market capitalization of $27.34 billion, a PE ratio of 23.84, a P/E/G ratio of 2.85 and a beta of 0.60. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $145.64.

American Water Works (NYSE:AWK) last released its earnings results 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. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the prior year, the firm posted $1.48 EPS. American Water Works’s quarterly revenue was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AWK. Bank of America restated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Mizuho increased their target price on American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. boosted their price target on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Finally, Barclays upped their price objective on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, American Water Works has an average rating of “Hold” and an average target price of $138.78.

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.