29,781 Shares in American Water Works Company, Inc. $AWK Acquired by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC purchased a new position in American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 29,781 shares of the utilities provider’s stock, valued at approximately $3,919,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of American Water Works during the 2nd quarter worth $2,712,173,000. State Street Corp grew its holdings in shares of American Water Works by 4.2% in the 4th quarter. State Street Corp now owns 12,037,823 shares of the utilities provider’s stock worth $1,570,936,000 after acquiring an additional 486,090 shares during the last quarter. GQG Partners LLC acquired a new stake in shares of American Water Works during the second quarter worth $1,171,477,000. Wellington Management Group LLP raised its position in shares of American Water Works by 3,274.6% during the fourth quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider’s stock worth $925,605,000 after purchasing an additional 6,882,575 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of American Water Works by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider’s stock valued at $655,025,000 after purchasing an additional 33,359 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of American Water Works stock opened at $138.19 on Friday. The stock has a market cap of $27.46 billion, a PE ratio of 23.95, a price-to-earnings-growth ratio of 2.79 and a beta of 0.60. The business has a fifty day simple moving average of $134.13 and a 200-day simple moving average of $131.94. 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 Company, Inc. has a 12 month low of $120.57 and a 12 month high of $145.64.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.08. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.American Water Works’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, sell-side analysts anticipate that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid 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 payout ratio is 62.05%.

Analysts Set New Price Targets

A number of research firms recently weighed in on AWK. JPMorgan Chase & Co. increased their price target on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. UBS Group upped their price objective on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. 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. Finally, Barclays boosted their price target on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $138.78.

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.