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13,997 Shares in American Water Works Company, Inc. $AWK Acquired by iSAM Funds UK Ltd

American Water Works logo with Utilities background
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Key Points

  • iSAM Funds UK Ltd opened a new position in American Water Works (NYSE:AWK) in Q3, buying 13,997 shares valued at approximately $1.95 million.
  • Institutional ownership is high at 86.58%, with major moves including Vanguard holding 26.23 million shares (~$3.65B) and Norges Bank adding a new stake worth about $344.6 million, while Invesco, Raymond James and Vestor Capital also significantly increased positions.
  • Analyst sentiment is mixed with a consensus "Hold" and an average target of $140.89; several brokers cut price targets (Wells Fargo to $126, Barclays to $122) while Bank of America upgraded to neutral with a $139 target.
  • MarketBeat previews top five stocks to own in May.

iSAM Funds UK Ltd purchased a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,997 shares of the utilities provider's stock, valued at approximately $1,948,000.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new stake in American Water Works during the second quarter worth $344,645,000. Vanguard Group Inc. increased its holdings in shares of American Water Works by 2.3% during the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider's stock worth $3,650,543,000 after buying an additional 597,916 shares in the last quarter. Invesco Ltd. increased its holdings in American Water Works by 16.8% during the 2nd quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider's stock valued at $478,817,000 after purchasing an additional 494,868 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of American Water Works by 81.8% in the second quarter. Raymond James Financial Inc. now owns 1,043,899 shares of the utilities provider's stock valued at $145,217,000 after buying an additional 469,641 shares in the last quarter. Finally, Vestor Capital LLC increased its position in American Water Works by 31,955.0% in the 2nd quarter. Vestor Capital LLC now owns 320,550 shares of the utilities provider's stock valued at $44,592,000 after acquiring an additional 319,550 shares in the last quarter. 86.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AWK. Wells Fargo & Company dropped their price objective on American Water Works from $142.00 to $126.00 and set an "equal weight" rating for the company in a report on Tuesday, January 20th. UBS Group set a $149.00 target price on American Water Works in a report on Wednesday, December 17th. Weiss Ratings restated a "hold (c)" rating on shares of American Water Works in a report on Monday, December 29th. Barclays cut their price objective on shares of American Water Works from $134.00 to $122.00 and set an "underweight" rating on the stock in a research report on Wednesday, December 17th. Finally, Bank of America upgraded American Water Works from an "underperform" rating to a "neutral" rating and boosted their target price for the company from $117.00 to $139.00 in a research note on Monday, January 12th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $140.89.

Get Our Latest Analysis on American Water Works

American Water Works Stock Performance

Shares of NYSE AWK opened at $139.67 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46. The stock has a 50 day moving average price of $131.17 and a 200 day moving average price of $133.68. The stock has a market capitalization of $27.26 billion, a PE ratio of 24.55, a price-to-earnings-growth ratio of 3.22 and a beta of 0.77. American Water Works Company, Inc. has a 52 week low of $121.28 and a 52 week high of $155.50.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.04). The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.29 billion. American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The firm's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the firm earned $1.15 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

About American Water Works

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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.

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