American Water Works Company, Inc. $AWK Shares Sold by S Bank Fund Management Ltd

S Bank Fund Management Ltd cut its stake in American Water Works Company, Inc. (NYSE:AWK) by 18.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,699 shares of the utilities provider’s stock after selling 4,323 shares during the quarter. S Bank Fund Management Ltd’s holdings in American Water Works were worth $2,571,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of American Water Works by 2.3% in the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock worth $3,650,543,000 after acquiring an additional 597,916 shares during the last quarter. State Street Corp lifted its holdings in American Water Works by 1.1% in the 3rd quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock valued at $1,607,886,000 after purchasing an additional 120,870 shares in the last quarter. Bank of America Corp DE lifted its holdings in American Water Works by 3.7% in the 3rd quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider’s stock valued at $386,882,000 after purchasing an additional 98,042 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in American Water Works by 0.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,639,521 shares of the utilities provider’s stock worth $344,462,000 after purchasing an additional 22,827 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in American Water Works by 383.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider’s stock worth $361,355,000 after purchasing an additional 2,058,656 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AWK has been the subject of a number of recent research reports. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and increased their target price for the company from $117.00 to $139.00 in a research report on Monday, January 12th. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. Barclays upped their price objective on shares of American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a research note on Monday, April 20th. Truist Financial began coverage on shares of American Water Works in a report on Tuesday, April 21st. They issued a “hold” rating and a $137.00 price objective for the company. Finally, 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. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $140.44.

American Water Works Stock Down 0.6%

Shares of AWK opened at $126.08 on Wednesday. American Water Works Company, Inc. has a 52-week low of $121.28 and a 52-week high of $150.51. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16. The stock has a fifty day simple moving average of $134.99 and a two-hundred day simple moving average of $132.43. The company has a market capitalization of $24.62 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 2.80 and a beta of 0.64.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.09). American Water Works had a net margin of 21.17% and a return on equity of 10.20%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the previous year, the firm posted $1.05 EPS. The company’s revenue was up 5.7% compared to the same quarter last year. 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 EPS for the current year.

American Water Works Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th will be issued a $0.895 dividend. This represents a $3.58 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, May 12th. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio (DPR) is presently 58.69%.

American Water Works Company 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.