Hsbc Holdings PLC Buys Shares of 557,154 American Water Works Company, Inc. $AWK

Hsbc Holdings PLC purchased a new position in American Water Works Company, Inc. (NYSE:AWK) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 557,154 shares of the utilities provider’s stock, valued at approximately $73,527,000.

Other large investors also recently made changes to their positions in the company. Reflection Asset Management bought a new position in shares of American Water Works in the 4th quarter valued at approximately $25,000. Transamerica Financial Advisors LLC boosted its position in American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 90 shares during the period. Nemes Rush Group LLC acquired a new position in American Water Works during the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new position in American Water Works during the first quarter valued at approximately $27,000. Finally, MV Capital Management Inc. bought a new position in shares of American Water Works in the fourth quarter valued at approximately $29,000. Institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

Shares of NYSE:AWK opened at $137.54 on Thursday. The firm has a market capitalization of $27.33 billion, a PE ratio of 23.84, a PEG ratio of 2.80 and a beta of 0.60. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $145.64. The business’s 50 day moving average is $133.64 and its 200-day moving average is $131.81.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company posted $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. Truist Financial set a $139.00 target price on shares of American Water Works in a report on Tuesday, August 4th. JPMorgan Chase & Co. boosted their target price on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Mizuho upped their price target on shares of American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. One equities research 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.