106,883 Shares in American Water Works Company, Inc. $AWK Purchased by Dearborn Partners LLC

Key Points

• Dearborn Partners LLC acquired 106,883 shares of American Water Works in the second quarter, valued at approximately $14.1 million. Institutional investors collectively own 86.58% of the company.
• American Water Works exceeded quarterly expectations, reporting $1.61 in EPS and $1.35 billion in revenue, with revenue up 6.2% year over year. The company guided to fiscal 2026 EPS of $6.02–$6.12.
• The company declared a quarterly dividend of $0.895 per share, representing a 2.6% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $138.78.

Dearborn Partners LLC acquired a new position in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 106,883 shares of the utilities provider's stock, valued at approximately $14,064,000. Dearborn Partners LLC owned approximately 0.05% of American Water Works as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AWK. Reflection Asset Management bought a new position in shares of American Water Works during the fourth quarter worth approximately $25,000. Transamerica Financial Advisors LLC raised its position in shares of American Water Works by 82.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider's stock valued at $26,000 after buying an additional 90 shares in the last quarter. Nemes Rush Group LLC bought a new stake in shares of American Water Works in the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new stake in American Water Works during the first quarter worth approximately $27,000. Finally, MV Capital Management Inc. acquired a new stake in American Water Works during the fourth quarter worth approximately $29,000. Institutional investors own 86.58% of the company's stock.

American Water Works Stock Down 0.7%

NYSE AWK opened at $136.59 on Friday. The business has a fifty day moving average price of $133.87 and a two-hundred day moving average price of $131.90. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $145.64. The stock has a market capitalization of $27.15 billion, a PE ratio of 23.67, a PEG ratio of 2.80 and a beta of 0.60.

American Water Works (NYSE:AWK - Get Free Report) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the business posted $1.48 EPS. The company's revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.895 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $3.58 annualized dividend and a yield of 2.6%. American Water Works's dividend payout ratio (DPR) is 62.05%.

Analysts Set New Price Targets

Several equities analysts have weighed in on AWK shares. JPMorgan Chase & Co. lifted their price objective on American Water Works from $138.00 to $147.00 and gave the company a "neutral" rating in a report on Wednesday, July 8th. Wall Street Zen raised American Water Works from a "strong sell" rating to a "sell" rating in a 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. 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. Finally, Barclays upped their price objective on shares of American Water Works from $124.00 to $130.00 and gave the stock an "underweight" rating in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $138.78.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source