Danske Bank A S Acquires Shares of 221,660 American Water Works Company, Inc. $AWK

Danske Bank A S bought a new stake in American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 221,660 shares of the utilities provider’s stock, valued at approximately $29,166,000. Danske Bank A S owned approximately 0.11% of American Water Works as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in AWK. Salomon & Ludwin LLC boosted its position in American Water Works by 71.7% in the 4th 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 last quarter. Reflection Asset Management acquired a new position in shares of American Water Works in the 4th quarter valued at approximately $25,000. Transamerica Financial Advisors LLC increased its position in shares of American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 90 shares in the last quarter. Nemes Rush Group LLC acquired a new stake in shares of American Water Works in the 4th quarter valued at about $27,000. Finally, Ascentis Independent Advisors acquired a new stake in American Water Works in the 1st quarter valued at approximately $27,000. Institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AWK shares. Truist Financial set a $139.00 price target on shares of American Water Works in a research note on Tuesday, August 4th. Barclays increased their price target on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research note on Wednesday, July 15th. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research report on Wednesday, June 24th. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. Finally, Mizuho boosted their price target on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $138.78.

American Water Works Trading Up 1.6%

AWK opened at $138.49 on Thursday. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $147.87. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. The company has a market cap of $27.52 billion, a P/E ratio of 24.00, a PEG ratio of 2.75 and a beta of 0.60. The company’s 50 day moving average is $132.51 and its 200-day moving average is $131.41.

American Water Works (NYSE:AWK) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the previous year, the firm posted $1.48 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. 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 fiscal year.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is presently 62.05%.

American Water Works Company 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.