Raiffeisen Bank International AG Boosts Stake in American Water Works Company, Inc. $AWK

Raiffeisen Bank International AG lifted its position in American Water Works Company, Inc. (NYSE:AWKFree Report) by 14.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 53,482 shares of the utilities provider’s stock after acquiring an additional 6,925 shares during the period. Raiffeisen Bank International AG’s holdings in American Water Works were worth $7,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of the company. New York State Common Retirement Fund boosted its position in American Water Works by 14.5% during the third quarter. New York State Common Retirement Fund now owns 350,471 shares of the utilities provider’s stock worth $48,782,000 after purchasing an additional 44,336 shares in the last quarter. Wesbanco Bank Inc. raised its stake in shares of American Water Works by 5.6% during the 3rd quarter. Wesbanco Bank Inc. now owns 85,976 shares of the utilities provider’s stock worth $11,967,000 after buying an additional 4,553 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of American Water Works by 31.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 136,504 shares of the utilities provider’s stock valued at $19,000,000 after buying an additional 32,834 shares in the last quarter. Swedbank AB grew its stake in American Water Works by 88.5% in the 3rd quarter. Swedbank AB now owns 257,413 shares of the utilities provider’s stock valued at $35,829,000 after acquiring an additional 120,890 shares during the period. Finally, Asset Management One Co. Ltd. increased its holdings in American Water Works by 7.2% in the 3rd quarter. Asset Management One Co. Ltd. now owns 116,690 shares of the utilities provider’s stock worth $16,242,000 after acquiring an additional 7,831 shares in the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on AWK. UBS Group set a $149.00 price target on American Water Works in a research report on Wednesday, December 17th. Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. Wells Fargo & Company dropped their price objective on shares of 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. Barclays cut their price objective on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a report on Wednesday, December 17th. Finally, Mizuho set a $145.00 target price on American Water Works in a report on Tuesday, October 28th. One equities 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 company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $140.89.

Check Out Our Latest Stock Analysis on AWK

American Water Works Stock Performance

NYSE AWK opened at $129.44 on Friday. The stock has a fifty day simple moving average of $129.92 and a 200-day simple moving average of $134.56. 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 P/E/G ratio of 3.06 and a beta of 0.77. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month 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 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.04). American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the company earned $1.15 earnings per share. American Water Works’s quarterly revenue 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. Equities analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

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

American Water Works News Roundup

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

American Water Works Company 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.

Featured Articles

Want to see what other hedge funds are holding AWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Water Works Company, Inc. (NYSE:AWKFree Report).

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

Receive News & Ratings for American Water Works Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Water Works and related companies with MarketBeat.com's FREE daily email newsletter.