American Water Works Company, Inc. $AWK Stock Acquired by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lifted its stake in American Water Works Company, Inc. (NYSE:AWK) by 66.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 94,758 shares of the utilities provider’s stock after buying an additional 37,858 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in American Water Works were worth $12,268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Louisiana State Employees Retirement System purchased a new position in American Water Works in the first quarter valued at $1,347,000. Jericho Financial LLP purchased a new stake in shares of American Water Works during the 2nd quarter worth about $3,506,000. Wealthfront Advisers LLC purchased a new stake in shares of American Water Works during the 2nd quarter worth about $11,899,000. Bank of Nova Scotia acquired a new stake in shares of American Water Works during the 2nd quarter valued at about $3,092,000. Finally, Janney Montgomery Scott LLC increased its stake in shares of American Water Works by 22.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 104,743 shares of the utilities provider’s stock valued at $14,255,000 after purchasing an additional 19,043 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Trading Up 0.5%

Shares of American Water Works stock opened at $128.81 on Friday. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a twelve month low of $120.57 and a twelve month high of $145.64. The firm has a market capitalization of $25.60 billion, a PE ratio of 22.32, a P/E/G ratio of 2.61 and a beta of 0.58. The firm’s 50-day moving average price is $135.10 and its 200 day moving average price is $132.08.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the business earned $1.48 EPS. American Water Works’s quarterly 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. On average, sell-side analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a dividend of $0.8950 per share. This represents a $3.58 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, August 11th. American Water Works’s payout ratio is presently 62.05%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AWK shares. Weiss Ratings raised American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 2nd. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. Bank of America restated a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Truist Financial set a $139.00 target price on American Water Works in a research note on Tuesday, August 4th. Finally, Mizuho lifted their price target on shares of 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 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $140.11.

About American Water Works

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial, and governmental customers in the United States. Through its regulated operations, the company collects, treats, distributes, and manages drinking water, as well as collects and treats wastewater.

The company also provides services through businesses that support utilities, municipalities, military installations, and other public-sector customers.