American Water Works Company, Inc. $AWK Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 291.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,806 shares of the utilities provider's stock after purchasing an additional 75,054 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.05% of American Water Works worth $14,116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Ascentis Independent Advisors purchased a new stake in shares of American Water Works in the first quarter worth $27,000. Harborfront Financial Group LLC purchased a new position in American Water Works during the second quarter worth about $29,000. Global Assets Advisory LLC purchased a new position in American Water Works during the first quarter worth about $33,000. Lodestone Wealth Management LLC increased its stake in American Water Works by 361.0% in the 3rd quarter. Lodestone Wealth Management LLC now owns 272 shares of the utilities provider's stock worth $35,000 after acquiring an additional 213 shares during the last quarter. Finally, Johnson Financial Group Inc. bought a new position in American Water Works in the 2nd quarter worth about $43,000. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

American Water Works Stock Down 0.3%

Shares of NYSE AWK opened at $142.83 on Friday. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $144.14. 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 simple moving average is $135.13 and its two-hundred day simple moving average is $131.97. The stock has a market capitalization of $28.38 billion, a P/E ratio of 24.75, a PEG ratio of 2.92 and a beta of 0.58.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.08. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The company's revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, analysts expect that American Water Works Company, Inc. will post 6.08 EPS for the current fiscal 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 given a dividend of $0.8950 per share. This represents a $3.58 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, August 11th. American Water Works's dividend payout ratio (DPR) is presently 62.05%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Mizuho lifted their price target 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. Weiss Ratings upgraded American Water Works from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, October 2nd. Bank of America reaffirmed a "neutral" rating on shares of American Water Works in a research note on Thursday, July 16th. Barclays cut their price objective on American Water Works from $130.00 to $127.00 and set an "underweight" rating for the company in a report on Monday. Finally, Truist Financial set a $139.00 price objective on American Water Works in a report on Tuesday, August 4th. One research 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. According to MarketBeat, American Water Works presently has a consensus rating of "Hold" and an average target price of $136.75.

American Water Works 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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