American Water Works Company, Inc. $AWK Shares Acquired by Legal & General Group Plc

Legal & General Group Plc boosted its stake in American Water Works Company, Inc. (NYSE:AWK) by 0.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,361,051 shares of the utilities provider’s stock after acquiring an additional 4,415 shares during the period. Legal & General Group Plc’s holdings in American Water Works were worth $467,825,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AWK. Vanguard Group Inc. boosted its position in shares of American Water Works by 2.3% during the third 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 period. State Street Corp raised its holdings in shares of American Water Works by 2.6% during the second quarter. State Street Corp now owns 11,430,863 shares of the utilities provider’s stock valued at $1,590,147,000 after acquiring an additional 286,053 shares during the period. Geode Capital Management LLC lifted its stake in American Water Works by 2.1% in the 2nd quarter. Geode Capital Management LLC now owns 4,949,996 shares of the utilities provider’s stock worth $685,662,000 after acquiring an additional 103,595 shares in the last quarter. Amundi boosted its stake in shares of American Water Works by 4.8% during the 2nd quarter. Amundi now owns 3,926,541 shares of the utilities provider’s stock valued at $559,951,000 after buying an additional 179,127 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of American Water Works by 16.8% during the 2nd quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock valued at $478,817,000 after buying an additional 494,868 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

American Water Works Stock Performance

NYSE:AWK opened at $132.71 on Wednesday. The company has a market capitalization of $25.91 billion, a P/E ratio of 23.32, a P/E/G ratio of 3.21 and a beta of 0.77. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.46 and a quick ratio of 0.44. The business has a fifty day simple moving average of $130.75 and a two-hundred day simple moving average of $133.67. 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:AWK) last announced its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.04). The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.29 billion. American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.15 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

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.