9,362 Shares in American Water Works Company, Inc. $AWK Purchased by BDF Gestion

Key Points

• BDF Gestion purchased 9,362 shares of American Water Works during the third quarter, valued at approximately $1.21 million. Institutional investors collectively own 86.58% of the company.
• Analysts maintain a generally cautious view, with one Buy, seven Hold and one Sell rating. The stock has an average price target of $136.75, close to its reported share price of $133.63.
• American Water Works exceeded quarterly earnings and revenue estimates, reporting $1.61 EPS and $1.35 billion in revenue, while revenue rose 6.2% year over year. The company also declared a quarterly dividend of $0.895 per share, representing a 2.7% yield.

BDF Gestion purchased a new stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 9,362 shares of the utilities provider's stock, valued at approximately $1,212,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of American Water Works in the second quarter worth approximately $2,712,173,000. Wellington Management Group LLP lifted its holdings in American Water Works by 35.2% in the 2nd quarter. Wellington Management Group LLP now owns 14,911,963 shares of the utilities provider's stock valued at $1,962,116,000 after purchasing an additional 3,883,057 shares in the last quarter. GQG Partners LLC acquired a new stake in American Water Works during the 2nd quarter worth $1,171,477,000. Amundi boosted its stake in American Water Works by 4.3% during the 1st quarter. Amundi now owns 4,351,056 shares of the utilities provider's stock worth $592,081,000 after purchasing an additional 179,127 shares during the last quarter. Finally, Legal & General Group Plc acquired a new stake in American Water Works during the 2nd quarter worth $443,787,000. Hedge funds and other institutional investors own 86.58% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Wall Street Zen raised shares of American Water Works from a "strong sell" rating to a "sell" rating in a research note on Monday, August 3rd. Barclays decreased their target price on shares of American Water Works from $130.00 to $127.00 and set an "underweight" rating on the stock in a research note on Monday. Truist Financial set a $139.00 target price on shares of American Water Works in a research note on Tuesday, August 4th. Mizuho boosted their target price on American Water Works from $130.00 to $140.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. Finally, UBS Group dropped their price target on American Water Works from $162.00 to $153.00 and set a "buy" rating for the company in a research report on Friday. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, American Water Works currently has an average rating of "Hold" and an average target price of $136.75.

American Water Works Price Performance

Shares of AWK stock opened at $133.63 on Tuesday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49. The firm's 50-day moving average is $134.86 and its two-hundred day moving average is $131.88. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $145.64. The company has a market capitalization of $26.56 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 2.75 and a beta of 0.58.

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 net margin of 21.35% and a return on equity of 10.20%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the business posted $1.48 EPS. American Water Works's 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. Analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current 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 given a dividend of $0.8950 per share. This represents a $3.58 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, August 11th. American Water Works's payout ratio is presently 62.05%.

About American Water Works

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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