Goodman Financial Corp Acquires Shares of 107,915 American Water Works Company, Inc. $AWK

Goodman Financial Corp bought a new position in American Water Works Company, Inc. (NYSE:AWK) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 107,915 shares of the utilities provider’s stock, valued at approximately $14,686,000. American Water Works makes up about 2.5% of Goodman Financial Corp’s portfolio, making the stock its 16th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Salomon & Ludwin LLC boosted its holdings in shares of American Water Works by 71.7% in the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 81 shares during the period. Reflection Asset Management bought a new stake in American Water Works during the 4th quarter valued at $25,000. Transamerica Financial Advisors LLC lifted its holdings in shares of American Water Works by 82.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after buying an additional 90 shares during the period. Nemes Rush Group LLC bought a new position in shares of American Water Works during the 4th quarter worth $27,000. Finally, Ascentis Independent Advisors purchased a new position in shares of American Water Works during the first quarter valued at $27,000. Institutional investors own 86.58% of the company’s stock.

Key Stories Impacting American Water Works

Here are the key news stories impacting American Water Works this week:

• Positive Sentiment: Pennsylvania American Water received PUC approval for a rate adjustment, a favorable regulatory outcome that can support future revenue growth. PUC Approves Rate Adjustment for Pennsylvania American Water
• Positive Sentiment: Pennsylvania American Water was awarded more than $64 million in PENNVEST grants and low-interest loans for infrastructure upgrades, which should aid capital investment while helping keep customer costs down. Pennsylvania American Water Awarded PENNVEST Funding
• Positive Sentiment: American Water highlighted workforce development, environmental grants, and infrastructure/wildfire mitigation projects, reinforcing its long-term utility investment story and operational execution. American Water Builds Workforce of Tomorrow West Virginia American Water Recognizes Grantees California American Water Highlights Vegetation Reduction Efforts
• Neutral Sentiment: American Water also said it will participate in NACWA’s Utility Leadership Conference, a routine industry engagement with limited immediate stock impact. American Water Provides Expertise at NACWA’s 2026 Utility Leadership Conference
• Negative Sentiment: Barclays reiterated a “Sell” rating on AWK, and multiple commentary pieces questioned whether the stock looks expensive or overvalued, which may cap gains. Barclays Remains a Sell on American Water (AWK) American Water (AWK) Stock Gets Fair Value Bump American Water Works (AWK) Stock Looks Overvalued On Dividends Yet Fair On Earnings

American Water Works Trading Up 3.9%

AWK opened at $134.20 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.34 and a debt-to-equity ratio of 1.16. The firm has a market cap of $26.21 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 2.81 and a beta of 0.61. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $147.87. The stock has a fifty day moving average price of $127.36 and a 200-day moving average price of $130.61.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share 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 company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the previous year, the business earned $1.05 EPS. American Water Works’s revenue for the quarter 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 research analysts anticipate that American Water Works Company, Inc. will post 6.08 earnings per share for the current fiscal year.

American Water Works Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 12th were issued a $0.895 dividend. 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%. This is an increase from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio (DPR) is 63.48%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on AWK shares. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Sunday, April 26th. JPMorgan Chase & Co. raised their target price on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Truist Financial reduced their price target on shares of American Water Works from $137.00 to $130.00 and set a “hold” rating for the company in a report on Friday, May 29th. Wells Fargo & Company set a $131.00 price target on shares of American Water Works in a research report on Tuesday, April 21st. Finally, UBS Group increased their price objective 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. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $140.60.

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.