414,586 Shares in American Water Works Company, Inc. $AWK Acquired by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board acquired 414,586 shares of American Water Works in the second quarter, worth approximately $54.6 million and representing a 0.21% stake. Institutional investors collectively own 86.58% of the company.
• American Water Works exceeded quarterly earnings expectations, reporting $1.61 EPS versus the $1.53 consensus and $1.35 billion in revenue, up 6.2% year over year. The company reaffirmed fiscal 2026 EPS guidance of $6.02–$6.12.
• The company declared a quarterly dividend of $0.895 per share, equivalent to an annualized $3.58 payout and a 2.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $138.78.

Canada Pension Plan Investment Board acquired a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 414,586 shares of the utilities provider's stock, valued at approximately $54,551,000. Canada Pension Plan Investment Board owned 0.21% of American Water Works as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Versant Capital Management Inc boosted its position in shares of American Water Works by 6.6% during the second quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider's stock worth $158,000 after purchasing an additional 74 shares in the last quarter. Faithward Advisors LLC increased its position in shares of American Water Works by 5.4% in the 3rd quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider's stock valued at $223,000 after buying an additional 82 shares in the last quarter. Cresset Asset Management LLC raised its stake in American Water Works by 1.5% during the 2nd 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. Transamerica Financial Advisors LLC raised its stake in American Water Works by 82.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider's stock worth $26,000 after buying an additional 90 shares during the period. Finally, Focused Wealth Management Inc lifted its holdings in American Water Works by 4.1% during the first quarter. Focused Wealth Management Inc now owns 2,376 shares of the utilities provider's stock worth $323,000 after acquiring an additional 93 shares in the last quarter. Institutional investors own 86.58% of the company's stock.

American Water Works Price Performance

AWK stock opened at $136.59 on Friday. The stock has a 50-day moving average price of $133.87 and a two-hundred day moving average price of $131.90. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $145.64. The stock has a market cap of $27.15 billion, a PE ratio of 23.67, a price-to-earnings-growth ratio of 2.80 and a beta of 0.60. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20.

American Water Works (NYSE:AWK - Get Free Report) last issued its quarterly earnings results 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 company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The company's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities analysts forecast that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Announces Dividend

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

Analyst Ratings Changes

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

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