American Water Works (NYSE:AWK) Stock Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of American Water Works Company, Inc. NYSE: AWK. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in American Water Works stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

American Water Works Trading Down 0.2%

NYSE AWK traded down $0.22 on Friday, hitting $140.29. The company's stock had a trading volume of 893,933 shares, compared to its average volume of 1,099,207. The company's 50-day moving average is $141.45 and its 200 day moving average is $138.46. The firm has a market cap of $27.36 billion, a PE ratio of 25.55, a PEG ratio of 3.33 and a beta of 0.69. American Water Works Company, Inc. has a 1-year low of $118.74 and a 1-year high of $155.50. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.26.

American Water Works (NYSE:AWK - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.01). The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.09 billion. American Water Works had a return on equity of 10.35% and a net margin of 22.24%. The business's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.95 EPS. As a group, analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 13th were issued a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a yield of 2.36%. This is a positive change from American Water Works's previous quarterly dividend of $0.77. The ex-dividend date of this dividend was Tuesday, May 13th. American Water Works's payout ratio is presently 60.29%.

Insider Buying and Selling

In related news, CAO Melissa K. Wikle sold 2,825 shares of the company's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $143.28, for a total transaction of $404,766.00. Following the transaction, the chief accounting officer directly owned 7,572 shares of the company's stock, valued at approximately $1,084,916.16. This represents a 27.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.11% of the stock is owned by insiders.

Hedge Funds Weigh In On American Water Works

Institutional investors and hedge funds have recently modified their holdings of the business. Allworth Financial LP boosted its stake in American Water Works by 5.5% during the fourth quarter. Allworth Financial LP now owns 3,185 shares of the utilities provider's stock worth $388,000 after acquiring an additional 165 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of American Water Works by 10.0% during the fourth quarter. D.A. Davidson & CO. now owns 20,145 shares of the utilities provider's stock valued at $2,508,000 after purchasing an additional 1,836 shares during the period. Atria Wealth Solutions Inc. boosted its position in shares of American Water Works by 12.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 15,983 shares of the utilities provider's stock worth $1,990,000 after purchasing an additional 1,766 shares in the last quarter. Handelsbanken Fonder AB boosted its position in shares of American Water Works by 5.7% during the 4th quarter. Handelsbanken Fonder AB now owns 112,058 shares of the utilities provider's stock worth $13,950,000 after purchasing an additional 6,007 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its stake in shares of American Water Works by 2.4% in the 4th quarter. Concurrent Investment Advisors LLC now owns 13,507 shares of the utilities provider's stock valued at $1,681,000 after buying an additional 315 shares during the period. 86.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AWK shares. Evercore ISI increased their price target on American Water Works from $139.00 to $148.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. UBS Group reiterated a "neutral" rating and issued a $156.00 target price (up from $154.00) on shares of American Water Works in a report on Friday, July 11th. Wall Street Zen lowered shares of American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, May 14th. Wells Fargo & Company boosted their price target on shares of American Water Works from $142.00 to $147.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. Finally, Barclays reduced their price objective on shares of American Water Works from $138.00 to $128.00 and set an "underweight" rating on the stock in a research note on Thursday, July 10th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $141.67.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

American Water Works Company Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.