Nordea Investment Management AB Acquires 47,977 Shares of American Water Works Company, Inc. $AWK

Nordea Investment Management AB lifted its holdings in American Water Works Company, Inc. (NYSE:AWK) by 2.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,219,816 shares of the utilities provider’s stock after acquiring an additional 47,977 shares during the quarter. Nordea Investment Management AB’s holdings in American Water Works were worth $290,729,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. American National Bank & Trust purchased a new stake in American Water Works in the third quarter worth about $26,000. Grey Fox Wealth Advisors LLC bought a new position in shares of American Water Works during the third quarter valued at approximately $27,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of American Water Works during the third quarter valued at approximately $28,000. Elevation Point Wealth Partners LLC purchased a new position in shares of American Water Works during the second quarter valued at approximately $29,000. Finally, Cloud Capital Management LLC bought a new stake in shares of American Water Works in the 3rd quarter worth approximately $29,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Price Performance

Shares of AWK opened at $136.20 on Friday. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month high of $155.50. The company has a market capitalization of $26.60 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 3.17 and a beta of 0.77. The firm has a 50 day moving average of $132.11 and a 200 day moving average of $133.41. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 1.18.

American Water Works (NYSE:AWK) last released its quarterly earnings data 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 net margin of 21.61% and a return on equity of 10.38%. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the company posted $1.15 earnings per share. The business’s revenue 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. As a group, equities research analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

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.