Fideuram Intesa Sanpaolo Private Banking S.P.A. Buys Shares of 35,738 American Water Works Company, Inc. $AWK

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) during the fourth quarter, Holdings Channel reports. The fund purchased 35,738 shares of the utilities provider’s stock, valued at approximately $4,664,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Salomon & Ludwin LLC increased its stake in shares of American Water Works by 71.7% in the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after buying an additional 81 shares during the period. Grey Fox Wealth Advisors LLC bought a new stake in American Water Works during the 3rd quarter worth approximately $27,000. Cloud Capital Management LLC acquired a new position in American Water Works in the 3rd quarter valued at approximately $29,000. Westfuller Advisors LLC bought a new position in shares of American Water Works during the third quarter valued at $33,000. Finally, Midwest Capital Advisors LLC bought a new position in shares of American Water Works during the fourth quarter valued at $39,000. 86.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AWK has been the topic of several analyst reports. Barclays boosted their price objective on shares of American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research note on Monday, April 20th. Truist Financial began coverage on American Water Works in a report on Tuesday, April 21st. They set a “hold” rating and a $137.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 26th. Finally, Wells Fargo & Company set a $131.00 target price on American Water Works in a report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $139.11.

American Water Works Stock Down 1.4%

Shares of NYSE:AWK opened at $122.40 on Thursday. American Water Works Company, Inc. has a 1 year low of $121.28 and a 1 year high of $147.87. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.37 and a quick ratio of 0.34. The business’s 50-day moving average is $132.79 and its 200-day moving average is $131.34. The company has a market capitalization of $23.90 billion, a price-to-earnings ratio of 21.70, a P/E/G ratio of 2.74 and a beta of 0.64.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.09). The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.17 billion. American Water Works had a net margin of 21.17% and a return on equity of 10.20%. American Water Works’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th will be issued a $0.895 dividend. The ex-dividend date is Tuesday, May 12th. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. This represents a $3.58 dividend on an annualized basis and a yield of 2.9%. American Water Works’s dividend payout ratio is 63.48%.

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.