American Water Works Company, Inc. $AWK Shares Acquired by Swedbank AB

Swedbank AB increased its position in American Water Works Company, Inc. (NYSE:AWK) by 12.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 318,564 shares of the utilities provider’s stock after purchasing an additional 35,703 shares during the period. Swedbank AB’s holdings in American Water Works were worth $43,353,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Empowered Funds LLC lifted its holdings in American Water Works by 11.5% during the 1st quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock worth $872,000 after buying an additional 609 shares during the last quarter. Woodline Partners LP raised its position in shares of American Water Works by 40.7% during the 1st quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock valued at $2,429,000 after acquiring an additional 4,762 shares in the last quarter. Sivia Capital Partners LLC bought a new position in American Water Works during the second quarter worth $302,000. Cresset Asset Management LLC boosted its holdings in American Water Works by 1.5% in the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock worth $816,000 after purchasing an additional 85 shares during the period. Finally, Gamco Investors INC. ET AL boosted its holdings in American Water Works by 184.4% in the second quarter. Gamco Investors INC. ET AL now owns 5,492 shares of the utilities provider’s stock worth $764,000 after purchasing an additional 3,561 shares during the period. 86.58% of the stock is owned by institutional investors.

American Water Works Trading Down 2.2%

Shares of AWK stock opened at $131.87 on Thursday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $147.87. The stock has a fifty day moving average of $127.03 and a two-hundred day moving average of $130.59. The firm has a market capitalization of $25.75 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 2.93 and a beta of 0.61.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the business posted $1.05 earnings per share. American Water Works’s revenue for the quarter was up 5.7% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, research analysts expect that American Water Works Company, Inc. will post 6.08 EPS for the current year.

American Water Works Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were given a dividend of $0.895 per share. 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 dividend on an annualized basis and a dividend yield of 2.7%. American Water Works’s payout ratio is presently 63.48%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. UBS Group boosted their target price on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 26th. JPMorgan Chase & Co. increased their price objective on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Barclays lifted their target price on American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, American Water Works currently has a consensus rating of “Hold” and an average price target of $140.00.

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.