American Water Works Company, Inc. $AWK Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its holdings in American Water Works Company, Inc. (NYSE:AWK) by 21.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 73,215 shares of the utilities provider’s stock after selling 19,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in American Water Works were worth $9,555,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vise Technologies Inc. lifted its holdings in American Water Works by 39.2% in the fourth quarter. Vise Technologies Inc. now owns 5,233 shares of the utilities provider’s stock valued at $683,000 after acquiring an additional 1,475 shares during the period. Magellan Asset Management Ltd raised its stake in shares of American Water Works by 5.5% during the 4th quarter. Magellan Asset Management Ltd now owns 177,479 shares of the utilities provider’s stock worth $23,161,000 after buying an additional 9,297 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of American Water Works by 31.2% during the 4th quarter. Daiwa Securities Group Inc. now owns 87,876 shares of the utilities provider’s stock worth $11,468,000 after buying an additional 20,900 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of American Water Works during the 4th quarter worth $278,000. Finally, CIBC Asset Management Inc raised its stake in shares of American Water Works by 66.8% during the 4th quarter. CIBC Asset Management Inc now owns 47,115 shares of the utilities provider’s stock worth $6,149,000 after buying an additional 18,866 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

AWK has been the subject of several research reports. Bank of America cut their price target on American Water Works from $147.00 to $134.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Friday, March 27th. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 26th. UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $137.00 to $140.00 in a research note on Friday, May 29th. Finally, Truist Financial cut their price target on American Water Works from $137.00 to $130.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, American Water Works presently has a consensus rating of “Hold” and a consensus target price of $138.11.

American Water Works Stock Up 0.1%

AWK opened at $124.63 on Monday. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. The stock has a market capitalization of $24.34 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 2.70 and a beta of 0.62. The business has a 50-day moving average of $129.73 and a two-hundred day moving average of $130.82. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $147.87.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.09). The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.17 billion. American Water Works had a net margin of 21.17% and a return on equity of 10.20%. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were issued a $0.895 dividend. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date was Tuesday, May 12th. This represents a $3.58 annualized dividend and a yield of 2.9%. American Water Works’s dividend payout ratio (DPR) is presently 63.48%.

About American Water Works

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.