iSAM Funds UK Ltd Takes Position in American Water Works Company, Inc. $AWK

iSAM Funds UK Ltd purchased a new stake in American Water Works Company, Inc. (NYSE:AWK) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,100 shares of the utilities provider’s stock, valued at approximately $539,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in shares of American Water Works by 6.6% in the second quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider’s stock worth $158,000 after buying an additional 74 shares during the period. Faithward Advisors LLC increased its position in shares of American Water Works by 5.4% in the third quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock worth $223,000 after acquiring an additional 82 shares in the last quarter. Cresset Asset Management LLC raised its holdings in shares of American Water Works by 1.5% during the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock valued at $816,000 after acquiring an additional 85 shares during the period. Transamerica Financial Advisors LLC raised its holdings in shares of American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 90 shares during the period. Finally, Focused Wealth Management Inc lifted its position in shares of American Water Works by 4.1% in the 1st quarter. Focused Wealth Management Inc now owns 2,376 shares of the utilities provider’s stock valued at $323,000 after acquiring an additional 93 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of AWK opened at $139.44 on Thursday. The company’s 50 day moving average price is $134.80 and its 200 day moving average price is $132.27. American Water Works Company, Inc. has a 52 week low of $120.57 and a 52 week high of $145.64. The company has a market capitalization of $27.71 billion, a PE ratio of 24.17, a PEG ratio of 2.80 and a beta of 0.59. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The company’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts expect that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts recently commented on AWK shares. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. Mizuho increased their target price on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Truist Financial set a $139.00 target price on American Water Works in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Finally, UBS Group upped their price target on American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average 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.