ABN AMRO Bank N.V. Takes Position in American Water Works Company, Inc. $AWK

Key Points

• ABN AMRO Bank N.V. acquired 46,495 shares of American Water Works in the second quarter, valued at approximately $6.1 million. Institutional investors and hedge funds collectively own 86.58% of AWK.
• American Water Works exceeded quarterly expectations, reporting $1.61 EPS and $1.35 billion in revenue, with revenue up 6.2% year over year. The company provided fiscal 2026 EPS guidance of $6.02–$6.12.
• The company declared a quarterly dividend of $0.895 per share, equivalent to a $3.58 annualized dividend and a 2.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $138.78.

ABN AMRO Bank N.V. acquired a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 46,495 shares of the utilities provider's stock, valued at approximately $6,118,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP boosted its stake in shares of American Water Works by 3,274.6% in the 4th quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider's stock valued at $925,605,000 after purchasing an additional 6,882,575 shares during the last quarter. Norges Bank bought a new position in American Water Works during the fourth quarter worth $337,004,000. GQG Partners LLC raised its stake in American Water Works by 64.2% during the fourth quarter. GQG Partners LLC now owns 6,493,161 shares of the utilities provider's stock worth $847,361,000 after buying an additional 2,539,683 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in American Water Works by 383.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider's stock valued at $361,355,000 after buying an additional 2,058,656 shares during the period. Finally, Impax Asset Management Group plc lifted its holdings in American Water Works by 38.0% in the fourth quarter. Impax Asset Management Group plc now owns 2,386,873 shares of the utilities provider's stock valued at $311,487,000 after buying an additional 657,849 shares during the period. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Trading Down 0.2%

AWK opened at $136.25 on Friday. The company has a fifty day moving average price of $131.81 and a two-hundred day moving average price of $131.25. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $147.87. The company has a market cap of $27.08 billion, a P/E ratio of 23.61, a price-to-earnings-growth ratio of 2.75 and a beta of 0.60. 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 (NYSE:AWK - Get Free Report) last released its quarterly earnings data 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 company had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The business's revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.48 EPS. 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 EPS for the current fiscal year.

American Water Works Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.895 per share. The ex-dividend date is Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. American Water Works's payout ratio is currently 62.05%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. UBS Group increased their price target on American Water Works from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 2nd. Weiss Ratings reissued a "hold (c)" rating on shares of American Water Works in a research note on Wednesday, June 24th. JPMorgan Chase & Co. upped their target price on American Water Works from $138.00 to $147.00 and gave the company a "neutral" rating in a research report on Wednesday, July 8th. Mizuho raised their target price on American Water Works from $130.00 to $140.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. Finally, Bank of America reiterated a "neutral" rating on shares of American Water Works in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, American Water Works has a consensus rating of "Hold" and a consensus target price of $138.78.

American Water Works Company 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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