LGT Capital Partners LTD. Invests $2.61 Million in American Water Works Company, Inc. $AWK

LGT Capital Partners LTD. bought a new stake in American Water Works Company, Inc. (NYSE:AWK) in the third quarter, HoldingsChannel reports. The firm bought 18,780 shares of the utilities provider’s stock, valued at approximately $2,614,000.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in shares of American Water Works during the second quarter valued at approximately $344,645,000. Vanguard Group Inc. raised its position in American Water Works by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock worth $3,650,543,000 after buying an additional 597,916 shares during the last quarter. Invesco Ltd. lifted its position in American Water Works by 16.8% during the second quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock valued at $478,817,000 after purchasing an additional 494,868 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of American Water Works by 81.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,043,899 shares of the utilities provider’s stock valued at $145,217,000 after buying an additional 469,641 shares during the period. Finally, Vestor Capital LLC lifted its holdings in American Water Works by 31,955.0% in the second quarter. Vestor Capital LLC now owns 320,550 shares of the utilities provider’s stock valued at $44,592,000 after acquiring an additional 319,550 shares during the period. 86.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AWK has been the topic of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. Bank of America raised American Water Works from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $117.00 to $139.00 in a report on Monday, January 12th. 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 report on Tuesday, January 20th. UBS Group set a $149.00 target price on American Water Works in a research report on Wednesday, December 17th. Finally, Barclays dropped their price target on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research report on Wednesday, December 17th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $140.89.

American Water Works Stock Performance

Shares of American Water Works stock opened at $132.83 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46. The company has a market capitalization of $25.93 billion, a PE ratio of 23.35, a P/E/G ratio of 3.02 and a beta of 0.77. The company has a 50-day simple moving average of $129.89 and a two-hundred day simple moving average of $134.38. American Water Works Company, Inc. has a one year low of $121.28 and a one year high of $155.50.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share (EPS) 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 firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm posted $1.15 earnings per share. American Water Works’s revenue for the quarter was up 5.8% compared to the same quarter last year. 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 5.71 EPS for the current fiscal year.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 10th will be issued a dividend of $0.8275 per share. The ex-dividend date is Tuesday, February 10th. This represents a $3.31 annualized dividend and a dividend yield of 2.5%. American Water Works’s dividend payout ratio is 58.17%.

About American Water Works

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.