American Water Works Company, Inc. $AWK Shares Acquired by Quadrant Capital Group LLC

Quadrant Capital Group LLC boosted its holdings in American Water Works Company, Inc. (NYSE:AWK) by 475.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,039 shares of the utilities provider’s stock after purchasing an additional 8,295 shares during the quarter. Quadrant Capital Group LLC’s holdings in American Water Works were worth $1,300,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Ascentis Independent Advisors acquired a new position in shares of American Water Works during the 1st quarter worth approximately $27,000. Harborfront Financial Group LLC acquired a new stake in shares of American Water Works in the second quarter valued at approximately $29,000. Global Assets Advisory LLC bought a new stake in shares of American Water Works in the first quarter valued at approximately $33,000. Lodestone Wealth Management LLC boosted its stake in shares of American Water Works by 361.0% in the third quarter. Lodestone Wealth Management LLC now owns 272 shares of the utilities provider’s stock valued at $35,000 after buying an additional 213 shares during the period. Finally, Johnson Financial Group Inc. bought a new stake in shares of American Water Works in the second quarter valued at approximately $43,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Weiss Ratings upgraded American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 2nd. Bank of America reissued a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. JPMorgan Chase & Co. increased their target price on American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Mizuho raised their price target on American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Barclays dropped their price target on American Water Works from $130.00 to $127.00 and set an “underweight” rating for the company in a research note on Monday. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $136.75.

American Water Works Stock Performance

American Water Works stock opened at $142.83 on Friday. The business has a 50 day moving average of $135.13 and a 200-day moving average of $131.97. The company has a market capitalization of $28.38 billion, a P/E ratio of 24.75, a P/E/G ratio of 2.92 and a beta of 0.58. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $144.14. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49.

American Water Works (NYSE:AWK) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the firm posted $1.48 EPS. 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, equities research analysts predict that American Water Works Company, Inc. will post 6.08 earnings per share for the current year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a $0.8950 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.5%. American Water Works’s payout ratio is currently 62.05%.

American Water Works Company Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.