29,781 Shares in American Water Works Company, Inc. $AWK Purchased by United Capital Financial Advisors LLC

Key Points

• United Capital Financial Advisors purchased 29,781 shares of American Water Works in the second quarter, valued at approximately $3.9 million. Institutional investors collectively own 86.58% of the company.
• American Water Works exceeded quarterly expectations, reporting $1.61 in EPS on $1.35 billion in revenue, with revenue up 6.2% year over year. Analysts maintain a consensus “Hold” rating with an average price target of $138.78.
• The company declared a quarterly dividend of $0.895 per share, representing an annualized payout of $3.58 and a 2.6% yield.

United Capital Financial Advisors LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 29,781 shares of the utilities provider's stock, valued at approximately $3,919,000.

Several other institutional investors also recently made changes to their positions in the stock. Empowered Funds LLC lifted its holdings in shares of American Water Works by 11.5% in the 1st quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider's stock worth $872,000 after purchasing an additional 609 shares during the last quarter. Woodline Partners LP grew its stake in American Water Works by 40.7% during the 1st quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider's stock worth $2,429,000 after buying an additional 4,762 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in American Water Works in the second quarter worth $302,000. Cresset Asset Management LLC increased its position in American Water Works by 1.5% in the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider's stock worth $816,000 after buying an additional 85 shares during the period. Finally, Gamco Investors INC. ET AL lifted its stake in American Water Works by 184.4% in the second quarter. Gamco Investors INC. ET AL now owns 5,492 shares of the utilities provider's stock valued at $764,000 after buying an additional 3,561 shares during the last quarter. 86.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of American Water Works from $138.00 to $147.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 8th. Barclays lifted their price objective on shares of American Water Works from $124.00 to $130.00 and gave the company an "underweight" rating in a research report on Wednesday, July 15th. Truist Financial set a $139.00 target price on shares of American Water Works in a research note on Tuesday, August 4th. Weiss Ratings restated a "hold (c)" rating on shares of American Water Works in a research report on Wednesday, June 24th. Finally, UBS Group raised their price target on shares of American Water Works from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $138.78.

American Water Works Trading Up 1.1%

Shares of NYSE:AWK opened at $138.19 on Friday. The company has a 50 day moving average of $134.13 and a 200-day moving average of $131.94. 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 cap of $27.46 billion, a P/E ratio of 23.95, a P/E/G ratio of 2.79 and a beta of 0.60. American Water Works Company, Inc. has a twelve month low of $120.57 and a twelve month high of $145.64.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.08. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the business earned $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, analysts anticipate that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Announces Dividend

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

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.

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