5,114 Shares in American Water Works Company, Inc. $AWK Bought by United Services Automobile Association

Key Points

• United Services Automobile Association acquired 5,114 shares of American Water Works, valued at approximately $748,000, in the first quarter, reflecting increased interest from institutional investors.
• American Water Works reported a miss in quarterly EPS, posting $1.48 compared to the expected $1.53, though its revenue exceeded analyst estimates at $1.28 billion.
• The company declared a quarterly dividend of $0.8275, translating to an annualized dividend of $3.31 with a yield of 2.4% and a payout ratio of 59.64%.

United Services Automobile Association purchased a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,114 shares of the utilities provider's stock, valued at approximately $748,000.

Other large investors also recently modified their holdings of the company. Cloud Capital Management LLC bought a new stake in American Water Works during the 1st quarter worth approximately $29,000. WPG Advisers LLC purchased a new position in shares of American Water Works during the 1st quarter valued at $29,000. Capital A Wealth Management LLC bought a new position in shares of American Water Works in the fourth quarter worth $33,000. Wayfinding Financial LLC purchased a new stake in shares of American Water Works in the first quarter worth $48,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of American Water Works in the first quarter worth $55,000. 86.58% of the stock is currently owned by institutional investors.

American Water Works Price Performance

Shares of AWK stock traded down $0.46 during trading hours on Friday, hitting $139.17. 994,551 shares of the company's stock were exchanged, compared to its average volume of 999,133. The company has a market capitalization of $27.15 billion, a PE ratio of 25.08, a PEG ratio of 3.31 and a beta of 0.69. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50. The business's 50 day simple moving average is $142.51 and its 200-day simple moving average is $142.63.

American Water Works (NYSE:AWK - Get Free Report) last released its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.05). The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. American Water Works had a net margin of 21.91% and a return on equity of 10.34%. American Water Works's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.42 EPS. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. On average, equities research analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Tuesday, August 12th were paid a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Tuesday, August 12th. American Water Works's payout ratio is 59.64%.

Analyst Upgrades and Downgrades

AWK has been the subject of several recent analyst reports. Mizuho boosted their target price on American Water Works from $148.00 to $149.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. Argus upped their price objective on shares of American Water Works from $155.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, August 14th. Wells Fargo & Company lowered their target price on shares of American Water Works from $147.00 to $141.00 and set an "equal weight" rating on the stock in a research note on Friday, August 1st. Barclays cut their price target on shares of American Water Works from $138.00 to $128.00 and set an "underweight" rating for the company in a research note on Thursday, July 10th. Finally, UBS Group lowered their price objective on shares of American Water Works from $156.00 to $151.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 12th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, American Water Works presently has a consensus rating of "Reduce" and an average target price of $143.30.

American Water Works Company Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.