American Water Works Company, Inc. $AWK Shares Bought by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada increased its American Water Works stake by 1,120.8% in the third quarter, purchasing 67,215 additional shares for a total of 73,212 shares valued at approximately $9.48 million.
• American Water Works reported quarterly earnings of $1.61 per share, exceeding estimates of $1.53, while revenue rose 6.2% year over year to $1.35 billion. The company reaffirmed fiscal 2026 EPS guidance of $6.02–$6.12.
• The utility pays a quarterly dividend of $0.895 per share, equivalent to a $3.58 annualized payout and a 2.7% yield. Analysts’ consensus rating is “Hold”, with an average price target of $137.12.

TD Waterhouse Canada Inc. grew its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 1,120.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,212 shares of the utilities provider's stock after purchasing an additional 67,215 shares during the period. TD Waterhouse Canada Inc.'s holdings in American Water Works were worth $9,479,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Reflection Asset Management acquired a new stake in American Water Works during the 4th quarter worth about $25,000. Ascentis Independent Advisors purchased a new stake in American Water Works during the first quarter valued at about $27,000. Harborfront Financial Group LLC purchased a new stake in American Water Works during the second quarter valued at about $29,000. MV Capital Management Inc. purchased a new stake in American Water Works during the fourth quarter valued at about $29,000. Finally, Global Assets Advisory LLC acquired a new position in shares of American Water Works in the first quarter worth about $33,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Performance

Shares of AWK stock opened at $135.04 on Monday. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $145.64. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $26.84 billion, a price-to-earnings ratio of 23.40, a P/E/G ratio of 2.75 and a beta of 0.58. The stock's fifty day simple moving average is $134.90 and its 200-day simple moving average is $131.90.

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 for the quarter, beating the consensus estimate of $1.53 by $0.08. The firm had revenue of $1.35 billion for 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% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, sell-side analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were paid a dividend of $0.8950 per share. This represents a $3.58 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, August 11th. American Water Works's payout ratio is 62.05%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AWK shares. Barclays lifted their target price on shares of American Water Works from $124.00 to $130.00 and gave the stock an "underweight" rating in a research report on Wednesday, July 15th. Mizuho boosted their price target on shares of American Water Works from $130.00 to $140.00 and gave the company a "neutral" rating in a report on Friday, July 31st. Wall Street Zen upgraded shares of American Water Works from a "strong sell" rating to a "sell" rating in a research report on Monday, August 3rd. UBS Group decreased their price objective on shares of American Water Works from $162.00 to $153.00 and set a "buy" rating for the company in a research note on Friday. Finally, Weiss Ratings raised shares of American Water Works from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, American Water Works presently has an average rating of "Hold" and a consensus price target of $137.12.

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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