Stance Capital LLC Acquires New Holdings in American Water Works Company, Inc. $AWK

Stance Capital LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWK) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 10,747 shares of the utilities provider’s stock, valued at approximately $1,402,000.

A number of other institutional investors have also made changes to their positions in the stock. Salomon & Ludwin LLC raised its stake in shares of American Water Works by 71.7% in the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 81 shares during the period. Reflection Asset Management purchased a new position in shares of American Water Works during the 4th quarter worth approximately $25,000. Transamerica Financial Advisors LLC boosted its position 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 purchasing an additional 90 shares during the period. Nemes Rush Group LLC acquired a new stake in American Water Works in the 4th quarter valued at approximately $27,000. Finally, MV Capital Management Inc. acquired a new stake in American Water Works in the 4th quarter valued at approximately $29,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

American Water Works Price Performance

American Water Works stock opened at $125.25 on Friday. The firm has a market cap of $24.46 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 2.71 and a beta of 0.62. American Water Works Company, Inc. has a 52-week low of $120.57 and a 52-week high of $147.87. 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 company’s 50 day moving average is $127.42 and its two-hundred day moving average is $130.51.

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 analyst estimates of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The business’s revenue was up 5.7% on a year-over-year basis. 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 EPS for the current fiscal year.

American Water Works Increases Dividend

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

Analyst Ratings Changes

A number of analysts have issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 26th. Truist Financial dropped their price objective 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. Wells Fargo & Company set a $131.00 price objective on American Water Works in a report on Tuesday, April 21st. Finally, Barclays increased their target price on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research note on Monday, April 20th. Two equities research 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, the company currently has an average rating of “Hold” and an average price target of $138.11.

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.