Dudley & Shanley Inc. Sells 8,794 Shares of American Water Works Company, Inc. $AWK

Dudley & Shanley Inc. decreased its stake in American Water Works Company, Inc. (NYSE:AWK) by 5.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 160,550 shares of the utilities provider’s stock after selling 8,794 shares during the quarter. American Water Works accounts for about 3.3% of Dudley & Shanley Inc.’s investment portfolio, making the stock its 13th largest holding. Dudley & Shanley Inc.’s holdings in American Water Works were worth $20,786,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Reflection Asset Management purchased a new stake in American Water Works during the fourth quarter valued at about $25,000. Ascentis Independent Advisors purchased a new stake in shares of American Water Works in the 1st quarter valued at approximately $27,000. Nemes Rush Group LLC acquired a new position in American Water Works in the 4th quarter worth approximately $27,000. Harborfront Financial Group LLC purchased a new position in American Water Works during the 2nd quarter worth approximately $29,000. Finally, MV Capital Management Inc. acquired a new stake in American Water Works during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on AWK shares. Truist Financial set a $139.00 target price on American Water Works in a research report on Tuesday, August 4th. Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a research note on Thursday, July 16th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Monday, September 21st. JPMorgan Chase & Co. raised their price target on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Finally, Wall Street Zen upgraded shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $140.11.

American Water Works Stock Down 0.0%

NYSE:AWK traded down $0.04 during trading hours on Tuesday, reaching $127.80. The company’s stock had a trading volume of 378,920 shares, compared to its average volume of 1,997,691. The company has a market cap of $25.40 billion, a price-to-earnings ratio of 22.14, a price-to-earnings-growth ratio of 2.65 and a beta of 0.58. The business’s 50-day moving average is $135.80 and its 200-day moving average is $132.29. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $145.64. 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 (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same period last year, the business earned $1.48 EPS. The firm’s revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a dividend of $0.8950 per share. This represents a $3.58 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, August 11th. American Water Works’s dividend payout ratio is currently 62.05%.

About American Water Works

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial, and governmental customers in the United States. Through its regulated operations, the company collects, treats, distributes, and manages drinking water, as well as collects and treats wastewater.

The company also provides services through businesses that support utilities, municipalities, military installations, and other public-sector customers.