90,433 Shares in American Water Works Company, Inc. $AWK Acquired by Wealthfront Advisers LLC

Key Points

• Wealthfront Advisers acquired 90,433 shares of American Water Works in the second quarter, valued at approximately $11.9 million. Institutional investors collectively own 86.58% of AWK.
• American Water Works exceeded quarterly expectations, reporting $1.61 in EPS 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 dividend and a 2.6% yield; analysts maintain an overall “Hold” rating with an average price target of $138.78.

Wealthfront Advisers LLC bought a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 90,433 shares of the utilities provider's stock, valued at approximately $11,899,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AWK. Versant Capital Management Inc increased 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 acquiring an additional 74 shares during the period. Salomon & Ludwin LLC raised its stake in shares of American Water Works by 71.7% in the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 81 shares in the last quarter. Faithward Advisors LLC boosted its holdings in American Water Works by 5.4% in the third quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider's stock valued at $223,000 after purchasing an additional 82 shares during the period. Cresset Asset Management LLC boosted its holdings 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 valued at $816,000 after purchasing an additional 85 shares during the period. Finally, TD Waterhouse Canada Inc. grew its stake in American Water Works by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 5,121 shares of the utilities provider's stock worth $668,000 after purchasing an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company's stock.

American Water Works Stock Up 1.5%

AWK stock opened at $136.36 on Wednesday. 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 Company, Inc. has a twelve month low of $120.57 and a twelve month high of $147.87. The company's 50 day moving average is $132.27 and its two-hundred day moving average is $131.35. The stock has a market cap of $27.10 billion, a P/E ratio of 23.63, a PEG ratio of 2.75 and a beta of 0.60.

American Water Works (NYSE:AWK - Get Free Report) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share 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 business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the previous year, the business earned $1.48 EPS. The business'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. Research analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The business also recently announced 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 of this dividend is Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. American Water Works's payout ratio is presently 62.05%.

American Water Works News Summary

Here are the key news stories impacting American Water Works this week:

• Positive Sentiment: The Hart-Scott-Rodino waiting period for the proposed merger with Essential Utilities has expired, removing a significant U.S. antitrust review milestone. The transaction still requires other approvals and closing conditions, but the development reduces regulatory uncertainty and supports the path toward completion. American Water and Essential Utilities Announce Expiration of Hart-Scott-Rodino Waiting Period for Proposed Merger
• Neutral Sentiment: West Virginia American Water announced a $166,000 infrastructure upgrade in Fayetteville, while California American Water completed $675,000 of system improvements and a separate $1 million water-main upgrade in San Diego. The projects should improve reliability and may support the regulated utility’s long-term asset base, but their financial impact is modest relative to AWK’s overall scale. West Virginia American Water Announces $166,000 Infrastructure Project in Fayetteville California American Water Completes Infrastructure Upgrade in San Diego
• Neutral Sentiment: The American Water Charitable Foundation announced grants totaling $20,000 in California, $75,000 across New Jersey, $30,000-plus in Illinois, and $5,000 in Ventura County. The grants support workforce development, STEM education, United Way programs, and victim-support services, enhancing community relations but having limited direct effect on earnings. American Water Charitable Foundation Workforce Development Grant
• Negative Sentiment: Hawaii American Water reported that approximately 717,000 gallons of partially treated wastewater were temporarily discharged at Sandy Beach after storm-related power loss. The discharge stopped once generator power was restored, limiting the duration, but the event could create environmental, regulatory, or reputational risks. Heavy Rains Cause Temporary Discharge of Partially Treated Wastewater at Sandy Beach

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Mizuho upped their price target on American Water Works from $130.00 to $140.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. Weiss Ratings restated a "hold (c)" rating on shares of American Water Works in a research note on Wednesday, June 24th. Truist Financial set a $139.00 target price on shares of American Water Works in a report on Tuesday, August 4th. Barclays boosted their price target on shares of American Water Works from $124.00 to $130.00 and gave the stock an "underweight" rating in a report on Wednesday, July 15th. Finally, Bank of America restated a "neutral" rating on shares of American Water Works in a report on Thursday, July 16th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price 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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