8,257 American Water Works Company, Inc. $AWK Shares Sold by Robeco Schweiz AG

Key Points

• Robeco Schweiz AG reduced its American Water Works stake by 4.3%, selling 8,257 shares and ending the quarter with 185,693 shares valued at approximately $24.0 million. Other institutions increased positions or initiated new stakes, while institutional investors collectively owned 86.58% of the stock.
• Analyst sentiment remains generally cautious, with one Buy, seven Hold and one Sell rating. The consensus rating is Hold, with an average price target of $136.75.
• 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 pays an annualized dividend of $3.58 per share, yielding about 2.5%.

Robeco Schweiz AG decreased its position in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 4.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 185,693 shares of the utilities provider's stock after selling 8,257 shares during the period. Robeco Schweiz AG owned about 0.09% of American Water Works worth $24,042,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Norris Perne & French LLP MI acquired a new position in American Water Works during the 3rd quarter worth approximately $27,170,000. Signaturefd LLC raised its stake in shares of American Water Works by 52.7% during the 3rd quarter. Signaturefd LLC now owns 9,456 shares of the utilities provider's stock worth $1,328,000 after buying an additional 3,264 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in shares of American Water Works by 55.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 8,686 shares of the utilities provider's stock worth $1,125,000 after buying an additional 3,090 shares in the last quarter. Middleton & Co. Inc. MA raised its stake in shares of American Water Works by 86.9% during the 3rd quarter. Middleton & Co. Inc. MA now owns 93,443 shares of the utilities provider's stock worth $12,098,000 after buying an additional 43,453 shares in the last quarter. Finally, Simplicity Wealth LLC acquired a new stake in shares of American Water Works in the 3rd quarter valued at approximately $225,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Bank of America restated a "neutral" rating on shares of American Water Works in a research note on Thursday, July 16th. UBS Group dropped their price objective on American Water Works from $162.00 to $153.00 and set a "buy" rating on the stock in a report on Friday, October 16th. Mizuho increased their price objective on American Water Works from $130.00 to $140.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Weiss Ratings raised American Water Works from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, October 2nd. Finally, Truist Financial set a $139.00 target price on American Water Works in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $136.75.

American Water Works Stock Performance

NYSE AWK 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 market capitalization of $28.38 billion, a P/E ratio of 24.75, a PEG ratio of 2.91 and a beta of 0.58. The business has a 50 day moving average price of $135.13 and a 200 day moving average price of $131.97. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49.

American Water Works (NYSE:AWK - Get Free Report) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping analysts' consensus estimates of $1.53 by $0.08. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%. American Water Works's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts expect that American Water Works Company, Inc. will post 6.08 EPS for the current fiscal year.

American Water Works Dividend Announcement

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

American Water Works Company 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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