American Water Works Company, Inc. $AWK Stock: Yousif Capital Management LLC Increases Holdings

Key Points

• Yousif Capital Management increased its American Water Works stake by 93.7% in the third quarter, bringing its holdings to 39,285 shares valued at approximately $5.6 million. Institutional investors and hedge funds collectively own 86.58% of AWK.
• Analysts maintain a generally cautious outlook, with one Buy, seven Hold, and one Sell rating. The stock has an average target price of $136.75 versus its recent price of $142.83.
• American Water Works exceeded quarterly earnings and revenue expectations, reporting $1.61 in EPS and $1.35 billion in revenue. The company also pays a quarterly dividend of $0.895, equal to a 2.5% annualized yield.

Yousif Capital Management LLC increased its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 93.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 39,285 shares of the utilities provider's stock after buying an additional 19,002 shares during the quarter. Yousif Capital Management LLC's holdings in American Water Works were worth $5,619,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in AWK. MBL Wealth LLC purchased a new position in shares of American Water Works during the 3rd quarter worth $227,000. Demars Financial Group LLC raised its holdings in American Water Works by 4.4% in the 3rd quarter. Demars Financial Group LLC now owns 9,057 shares of the utilities provider's stock valued at $1,173,000 after buying an additional 380 shares during the period. Benin Management CORP purchased a new stake in American Water Works in the 3rd quarter valued at about $349,000. Howland Capital Management LLC lifted its position in American Water Works by 0.5% in the third quarter. Howland Capital Management LLC now owns 191,444 shares of the utilities provider's stock valued at $24,786,000 after buying an additional 887 shares during the last quarter. Finally, Brookstone Capital Management acquired a new position in American Water Works in the third quarter valued at about $495,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AWK has been the subject of several research analyst reports. Truist Financial set a $139.00 target price on shares of American Water Works in a research note on Tuesday, August 4th. UBS Group decreased their price objective on shares of American Water Works from $162.00 to $153.00 and set a "buy" rating on the stock in a report on Friday, October 16th. JPMorgan Chase & Co. increased their price objective on shares of American Water Works from $138.00 to $147.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of American Water Works from a "strong sell" rating to a "sell" rating in a report on Monday, August 3rd. Finally, Bank of America reissued a "neutral" rating on shares of American Water Works in a research report on Thursday, July 16th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $136.75.

American Water Works Price Performance

AWK opened at $142.83 on Monday. The stock's 50-day moving average price is $135.13 and its 200 day moving average price is $131.92. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $144.14. The firm has a market cap of $28.38 billion, a price-to-earnings ratio of 24.75, a PEG ratio of 2.91 and a beta of 0.58. 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 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 company had revenue of $1.35 billion during the quarter, compared to the consensus estimate 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 revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts expect that American Water Works Company, Inc. will post 6.08 earnings per share for the current year.

American Water Works Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were paid a $0.8950 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.5%. American Water Works's dividend payout ratio (DPR) is presently 62.05%.

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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