209,858 Shares in American Water Works Company, Inc. $AWK Bought by Norris Perne & French LLP MI

Key Points

• Norris Perne & French LLP MI purchased 209,858 shares of American Water Works, valued at approximately $27.2 million, making AWK about 1.2% of its portfolio. Institutional investors collectively own 86.58% of the company.
• American Water Works reported quarterly EPS of $1.61, beating estimates of $1.53, while revenue rose 6.2% year over year to $1.35 billion. The company issued full-year 2026 EPS guidance of $6.02–$6.12.
• The company pays a quarterly dividend of $0.895, equivalent to $3.58 annually and a 2.5% yield. Analysts have a consensus “Hold” rating and an average price target of $136.75.

Norris Perne & French LLP MI bought a new stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 209,858 shares of the utilities provider's stock, valued at approximately $27,170,000. American Water Works makes up approximately 1.2% of Norris Perne & French LLP MI's portfolio, making the stock its 24th largest position. Norris Perne & French LLP MI owned about 0.11% of American Water Works at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ascentis Independent Advisors bought a new stake in American Water Works in the first quarter worth about $27,000. Harborfront Financial Group LLC purchased a new position in American Water Works in the second quarter valued at approximately $29,000. Farmers & Merchants Investments Inc. lifted its stake in American Water Works by 73.1% in the third quarter. Farmers & Merchants Investments Inc. now owns 232 shares of the utilities provider's stock valued at $30,000 after purchasing an additional 98 shares during the last quarter. Global Assets Advisory LLC purchased a new position in American Water Works in the first quarter valued at approximately $33,000. Finally, Lodestone Wealth Management LLC grew its holdings in American Water Works by 361.0% during the third quarter. Lodestone Wealth Management LLC now owns 272 shares of the utilities provider's stock valued at $35,000 after purchasing an additional 213 shares during the period. 86.58% of the stock is currently owned by institutional investors.

American Water Works Stock Performance

American Water Works stock opened at $142.83 on Friday. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $144.14. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $28.38 billion, a PE ratio of 24.75, a price-to-earnings-growth ratio of 2.91 and a beta of 0.58. The firm's 50 day simple moving average is $135.13 and its 200 day simple moving average is $131.97.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating 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 quarter last year, the company earned $1.48 earnings per share. The firm'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. As a group, analysts expect that American Water Works Company, Inc. will post 6.08 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a $0.8950 dividend. This represents a $3.58 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, August 11th. American Water Works's dividend payout ratio is currently 62.05%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Truist Financial set a $139.00 price target on American Water Works in a research note on Tuesday, August 4th. Barclays lowered their price objective on American Water Works from $130.00 to $127.00 and set an "underweight" rating on the stock in a research note on Monday, October 19th. UBS Group dropped their price objective on shares of American Water Works from $162.00 to $153.00 and set a "buy" rating on the stock in a report on Friday, October 16th. Bank of America reiterated a "neutral" rating on shares of American Water Works in a research note on Thursday, July 16th. Finally, Weiss Ratings raised shares of American Water Works from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, American Water Works has a consensus rating of "Hold" and a consensus target price of $136.75.

American Water Works Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.

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