SG Americas Securities LLC Decreases Holdings in American Water Works Company, Inc. $AWK

SG Americas Securities LLC decreased its stake in American Water Works Company, Inc. (NYSE:AWK) by 9.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,258 shares of the utilities provider’s stock after selling 13,782 shares during the quarter. SG Americas Securities LLC’s holdings in American Water Works were worth $17,455,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. SeaCrest Wealth Management LLC lifted its stake in American Water Works by 3.5% in the 4th quarter. SeaCrest Wealth Management LLC now owns 2,269 shares of the utilities provider’s stock valued at $289,000 after buying an additional 77 shares in the last quarter. Peddock Capital Advisors LLC boosted its holdings in American Water Works by 2.9% in the 4th quarter. Peddock Capital Advisors LLC now owns 2,824 shares of the utilities provider’s stock worth $369,000 after buying an additional 79 shares during the last quarter. Salomon & Ludwin LLC increased its stake in American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after buying an additional 81 shares in the last quarter. Faithward Advisors LLC increased its stake in American Water Works by 5.4% during the 3rd quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock worth $223,000 after buying an additional 82 shares in the last quarter. Finally, PFG Investments LLC raised its holdings in shares of American Water Works by 0.6% during the fourth quarter. PFG Investments LLC now owns 13,108 shares of the utilities provider’s stock valued at $1,711,000 after acquiring an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on AWK. Bank of America decreased their target price on American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. Truist Financial reduced their price objective on American Water Works from $137.00 to $130.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Barclays raised their price objective on American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a report on Monday, April 20th. Finally, Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, American Water Works currently has a consensus rating of “Hold” and a consensus price target of $138.11.

American Water Works Stock Up 0.2%

AWK stock opened at $129.91 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.34 and a debt-to-equity ratio of 1.16. The firm has a 50-day moving average of $126.76 and a two-hundred day moving average of $130.44. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $147.87. The company has a market cap of $25.37 billion, a price-to-earnings ratio of 23.03, a PEG ratio of 2.81 and a beta of 0.62.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.09). The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, analysts forecast that American Water Works Company, Inc. will post 6.08 earnings per share for the current fiscal year.

American Water Works Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a yield of 2.8%. This is an increase from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend was Tuesday, May 12th. American Water Works’s dividend payout ratio is presently 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.