6,789 Shares in American Water Works Company, Inc. $AWK Purchased by Figure 8 Investment Strategies LLC

Figure 8 Investment Strategies LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWKFree Report) during the second quarter, HoldingsChannel.com reports. The fund bought 6,789 shares of the utilities provider’s stock, valued at approximately $893,000.

Several other institutional investors have also recently bought and sold shares of AWK. BlackRock Inc. bought a new position in shares of American Water Works during the 2nd quarter worth approximately $2,712,173,000. Wellington Management Group LLP raised its holdings in shares of American Water Works by 3,274.6% in the fourth quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider’s stock valued at $925,605,000 after purchasing an additional 6,882,575 shares during the last quarter. Norges Bank bought a new stake in shares of American Water Works in the fourth quarter worth $337,004,000. GQG Partners LLC lifted its position in shares of American Water Works by 64.2% in the fourth quarter. GQG Partners LLC now owns 6,493,161 shares of the utilities provider’s stock worth $847,361,000 after purchasing an additional 2,539,683 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in American Water Works by 383.0% during the third 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. Institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

NYSE:AWK opened at $136.36 on Wednesday. The stock has a market capitalization of $27.10 billion, a PE ratio of 23.63, a P/E/G ratio of 2.75 and a beta of 0.60. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $147.87. The firm has a fifty day simple moving average of $132.27 and a 200 day simple moving average of $131.35. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20.

American Water Works (NYSE:AWKGet Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter last year, the company posted $1.48 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.895 dividend. This represents a $3.58 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is 62.05%.

American Water Works News Summary

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AWK. UBS Group raised 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 report on Thursday, July 2nd. Wells Fargo & Company set a $131.00 price target on shares of American Water Works in a research report on Tuesday, April 21st. Wall Street Zen upgraded shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. Bank of America restated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Finally, Mizuho lifted their target price on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $138.78.

Check Out Our Latest Research Report on AWK

American Water Works Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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