OneDigital Investment Advisors LLC Acquires New Stake in American Water Works Company, Inc. $AWK

OneDigital Investment Advisors LLC bought a new position in American Water Works Company, Inc. (NYSE:AWK) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,658 shares of the utilities provider’s stock, valued at approximately $481,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Cbre Investment Management Listed Real Assets LLC raised its position in American Water Works by 82.7% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 21,430 shares of the utilities provider’s stock valued at $2,797,000 after buying an additional 9,698 shares during the last quarter. Louisiana State Employees Retirement System acquired a new position in American Water Works during the 1st quarter worth approximately $1,347,000. Generali Asset Management SPA SGR boosted its position in American Water Works by 73.8% during the 4th quarter. Generali Asset Management SPA SGR now owns 25,338 shares of the utilities provider’s stock worth $3,307,000 after acquiring an additional 10,760 shares during the last quarter. Capital Innovations LLC bought a new position in shares of American Water Works during the 4th quarter worth approximately $4,700,000. Finally, Erste Asset Management GmbH grew its stake in shares of American Water Works by 25.9% during the 4th quarter. Erste Asset Management GmbH now owns 69,893 shares of the utilities provider’s stock worth $9,142,000 after acquiring an additional 14,363 shares in the last quarter. Institutional investors own 86.58% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. UBS Group raised their target price on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Barclays raised their target price on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research report on Wednesday, July 15th. Mizuho boosted their price target on shares of American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $138.78.

American Water Works Stock Up 1.6%

NYSE:AWK opened at $138.49 on Thursday. The firm has a market capitalization of $27.52 billion, a price-to-earnings ratio of 24.00, a price-to-earnings-growth ratio of 2.75 and a beta of 0.60. American Water Works Company, Inc. has a twelve month low of $120.57 and a twelve month high of $147.87. The stock’s 50 day moving average price is $132.51 and its two-hundred day moving average price is $131.41. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities research analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

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

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.