Ghisallo Capital Management LLC Acquires Shares of 100,000 American Water Works Company, Inc. $AWK

Ghisallo Capital Management LLC acquired a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) in the third quarter, HoldingsChannel reports. The firm acquired 100,000 shares of the utilities provider’s stock, valued at approximately $13,919,000.

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

American Water Works Trading Up 1.0%

Shares of AWK opened at $139.67 on Friday. The company’s fifty day simple moving average is $131.17 and its 200-day simple moving average is $133.68. The company has a market cap of $27.26 billion, a P/E ratio of 24.55, a P/E/G ratio of 3.22 and a beta of 0.77. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18. 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:AWK) last released its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing analysts’ consensus estimates 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 for 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% 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 expect that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Barclays cut their target price 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. Wells Fargo & Company lowered their price target 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. Bank of America upgraded 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 research report on Monday, January 12th. UBS Group set a $149.00 price objective on American Water Works in a research note on Wednesday, December 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, American Water Works has an average rating of “Hold” and an average price target of $140.89.

American Water Works 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.