American Water Works Company, Inc. $AWK Shares Sold by Dudley & Shanley Inc.

Key Points

• Dudley & Shanley reduced its American Water Works stake by 5.2% in the third quarter, selling 8,794 shares and retaining 160,550 shares valued at approximately $20.8 million. Institutional investors and hedge funds collectively own 86.58% of AWK.
• Analysts maintain a generally neutral outlook, with an average rating of “Hold” and a consensus price target of $140.11. Price targets range from $130 at Barclays to $162 at UBS.
• American Water Works reported quarterly EPS of $1.61, surpassing the $1.53 estimate, while revenue rose 6.2% year over year to $1.35 billion. The company pays a quarterly dividend of $0.895, equivalent to a 2.8% annualized yield.

Dudley & Shanley Inc. reduced its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 5.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 160,550 shares of the utilities provider's stock after selling 8,794 shares during the quarter. American Water Works accounts for approximately 3.3% of Dudley & Shanley Inc.'s holdings, making the stock its 13th largest holding. Dudley & Shanley Inc. owned about 0.08% of American Water Works worth $20,786,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc increased its holdings 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 valued at $158,000 after buying an additional 74 shares during the last quarter. Eastern Bank boosted its position in American Water Works by 2.9% during the 3rd quarter. Eastern Bank now owns 2,945 shares of the utilities provider's stock valued at $381,000 after purchasing an additional 82 shares during the period. Focused Wealth Management Inc grew its stake in American Water Works by 4.1% during the 1st quarter. Focused Wealth Management Inc now owns 2,376 shares of the utilities provider's stock worth $323,000 after buying an additional 93 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in American Water Works by 13.7% during 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 during the last quarter. Finally, CENTRAL TRUST Co increased its position in American Water Works by 1.0% in the first 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 during the period. 86.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of American Water Works from a "strong sell" rating to a "sell" rating in a report on Monday, August 3rd. Weiss Ratings reissued a "hold (c)" rating on shares of American Water Works in a research note on Monday, September 21st. UBS Group upped their target price on shares of American Water Works from $156.00 to $162.00 and gave the stock a "buy" rating in a research report on Thursday, September 10th. JPMorgan Chase & Co. raised their price target on shares of American Water Works from $138.00 to $147.00 and gave the company a "neutral" rating in a research note on Wednesday, July 8th. Finally, Barclays lifted their price target on American Water Works from $124.00 to $130.00 and gave the company an "underweight" rating in a report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, American Water Works has an average rating of "Hold" and a consensus target price of $140.11.

American Water Works Price Performance

NYSE:AWK traded down $0.04 during midday trading on Tuesday, hitting $127.80. 378,920 shares of the stock were exchanged, compared to its average volume of 1,997,691. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $145.64. The company has a market capitalization of $25.40 billion, a price-to-earnings ratio of 22.14, a P/E/G ratio of 2.65 and a beta of 0.58. The business has a 50-day moving average price of $135.80 and a two-hundred day moving average price of $132.29. 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 issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period last year, the company posted $1.48 EPS. The firm's quarterly 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. Sell-side analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were given a $0.8950 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $3.58 annualized dividend and a yield of 2.8%. American Water Works's payout ratio is 62.05%.

American Water Works Company Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial, and governmental customers in the United States. Through its regulated operations, the company collects, treats, distributes, and manages drinking water, as well as collects and treats wastewater.

The company also provides services through businesses that support utilities, municipalities, military installations, and other public-sector customers.

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