94,830 Shares in American Water Works Company, Inc. $AWK Purchased by Nykredit A S

Key Points

• Nykredit A S purchased 94,830 shares of American Water Works in the second quarter, valued at approximately $12.5 million. Institutional investors collectively own 86.58% of the company.
• Analyst sentiment remains broadly neutral: AWK has an average rating of “Hold” and an average price target of $140.11, with recent target increases from JPMorgan, UBS, Barclays, and Mizuho.
• American Water Works exceeded quarterly expectations with EPS of $1.61 versus the $1.53 consensus and revenue of $1.35 billion. The company also pays a quarterly dividend of $0.895, equivalent to a 2.6% annualized yield.

Nykredit A S purchased a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 94,830 shares of the utilities provider's stock, valued at approximately $12,478,000.

Other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc increased its position in American Water Works by 6.6% in 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 during the last quarter. Focused Wealth Management Inc lifted its position 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 valued at $323,000 after purchasing an additional 93 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in shares of American Water Works by 13.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 806 shares of the utilities provider's stock worth $106,000 after buying an additional 97 shares in the last quarter. CENTRAL TRUST Co grew its stake in shares of American Water Works by 1.0% in the 1st quarter. CENTRAL TRUST Co now owns 10,672 shares of the utilities provider's stock worth $1,452,000 after buying an additional 108 shares in the last quarter. Finally, First Citizens Bank & Trust Co. increased its holdings in shares of American Water Works by 6.0% in the 1st quarter. First Citizens Bank & Trust Co. now owns 2,004 shares of the utilities provider's stock worth $273,000 after buying an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company's stock.

Analyst Upgrades and Downgrades

AWK has been the topic of several recent research reports. JPMorgan Chase & Co. upped their target price on shares of American Water Works from $138.00 to $147.00 and gave the company a "neutral" rating in a research report on Wednesday, July 8th. UBS Group boosted their price objective on American Water Works from $156.00 to $162.00 and gave the stock a "buy" rating in a research note on Thursday, September 10th. Barclays upped their price objective on American Water Works from $124.00 to $130.00 and gave the company an "underweight" rating in a research report on Wednesday, July 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of American Water Works in a research note on Wednesday, June 24th. Finally, Mizuho boosted their target price on American Water Works from $130.00 to $140.00 and gave the company a "neutral" rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $140.11.

American Water Works Stock Up 0.2%

Shares of NYSE AWK opened at $136.12 on Monday. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $145.64. The firm has a 50-day simple moving average of $136.34 and a two-hundred day simple moving average of $132.77. The company has a market cap of $27.05 billion, a P/E ratio of 23.59, a PEG ratio of 2.77 and a beta of 0.59. 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 issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.53 by $0.08. The firm had revenue of $1.35 billion during 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%.American Water Works's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the company earned $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts anticipate that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a $0.895 dividend. This represents a $3.58 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, August 11th. American Water Works's dividend payout ratio (DPR) is currently 62.05%.

About American Water Works

American Water Works Company, Inc is a water and wastewater utility company that provides essential services to residential, commercial, industrial and public-sector customers. Through its regulated operations, the company treats and distributes drinking water, collects and treats wastewater, and manages related infrastructure such as pipelines, treatment plants, storage facilities and pumping stations.

The company also provides water and wastewater services to military installations and operates businesses serving municipalities and other public-sector customers.

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