NEOS Investment Management LLC Has $2.11 Million Stock Holdings in American Water Works Company, Inc. $AWK

NEOS Investment Management LLC boosted its stake in American Water Works Company, Inc. (NYSE:AWKFree Report) by 66.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 15,175 shares of the utilities provider’s stock after acquiring an additional 6,055 shares during the quarter. NEOS Investment Management LLC’s holdings in American Water Works were worth $2,112,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AWK. American National Bank & Trust acquired a new position in shares of American Water Works during the third quarter worth $26,000. Grey Fox Wealth Advisors LLC bought a new stake in American Water Works during the 3rd quarter worth $27,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in American Water Works in the 3rd quarter worth about $28,000. Elevation Point Wealth Partners LLC bought a new position in American Water Works in the second quarter valued at about $29,000. Finally, Cloud Capital Management LLC bought a new stake in shares of American Water Works during the third quarter worth about $29,000. Institutional investors own 86.58% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AWK shares. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $117.00 to $139.00 in a report on Monday, January 12th. Wells Fargo & Company decreased their price target on American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Mizuho set a $145.00 price objective on American Water Works in a research report on Tuesday, October 28th. UBS Group set a $149.00 price objective on American Water Works in a research note on Wednesday, December 17th. Finally, Jefferies Financial Group upgraded American Water Works from an “underperform” rating to a “hold” rating and lifted their target price for the stock from $114.00 to $124.00 in a report on Wednesday, November 5th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, American Water Works currently has an average rating of “Hold” and a consensus price target of $140.89.

Check Out Our Latest Analysis on American Water Works

Key American Water Works News

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

American Water Works Price Performance

Shares of NYSE:AWK opened at $129.44 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 1.18. The stock has a market cap of $25.27 billion, a PE ratio of 22.75, a price-to-earnings-growth ratio of 3.06 and a beta of 0.77. The stock’s fifty day simple moving average is $129.92 and its two-hundred day simple moving average is $134.56. American Water Works Company, Inc. has a 1-year low of $121.28 and a 1-year high of $155.50.

American Water Works (NYSE:AWKGet Free Report) last announced its earnings results on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.04). American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the prior year, the company earned $1.15 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 10th will be given a dividend of $0.8275 per share. The ex-dividend date is Tuesday, February 10th. This represents a $3.31 annualized dividend and a yield of 2.6%. American Water Works’s dividend payout ratio is presently 58.17%.

About American Water Works

(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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