EFG International AG Takes Position in American Water Works Company, Inc. $AWK

EFG International AG acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 27,417 shares of the utilities provider’s stock, valued at approximately $3,608,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Reflection Asset Management bought a new stake in American Water Works during the fourth quarter worth approximately $25,000. Transamerica Financial Advisors LLC raised its position in shares of American Water Works by 82.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 90 shares during the period. Nemes Rush Group LLC bought a new position in shares of American Water Works in the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new stake in shares of American Water Works in the first quarter worth $27,000. Finally, MV Capital Management Inc. acquired a new stake in shares of American Water Works in the fourth quarter worth $29,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

American Water Works Stock Down 0.0%

Shares of AWK stock opened at $137.54 on Thursday. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $145.64. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. The firm has a market cap of $27.33 billion, a PE ratio of 23.84, a price-to-earnings-growth ratio of 2.80 and a beta of 0.60. The stock has a 50 day moving average of $133.64 and a 200-day moving average of $131.81.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the company posted $1.48 earnings per share. American Water Works’s quarterly revenue was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, equities analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.895 per share. The ex-dividend date is Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. American Water Works’s payout ratio is presently 62.05%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AWK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. UBS Group boosted their target price on shares of American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Mizuho upped their price target on shares of American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Bank of America restated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. raised their price target on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $138.78.

American Water Works Company 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.