Partners Group Holding AG Has $68.51 Million Holdings in American Water Works Company, Inc. $AWK

Key Points

• Partners Group Holding AG increased its investment in American Water Works by 3.4%, now holding approximately 464,433 shares valued at around $68.5 million.
• The company recently announced a quarterly dividend of $0.8275 per share, representing an annualized yield of 2.3%.
• American Water Works reported a net margin of 21.91% and a 11.1% increase in revenue year-over-year, despite missing earnings expectations.

Partners Group Holding AG raised its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 3.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 464,433 shares of the utilities provider's stock after purchasing an additional 15,125 shares during the period. American Water Works accounts for about 2.9% of Partners Group Holding AG's investment portfolio, making the stock its 5th largest position. Partners Group Holding AG owned approximately 0.24% of American Water Works worth $68,513,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AWK. Pictet Asset Management Holding SA raised its stake in shares of American Water Works by 24.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 4,532,131 shares of the utilities provider's stock worth $668,566,000 after purchasing an additional 878,951 shares in the last quarter. Bank of America Corp DE raised its stake in shares of American Water Works by 38.4% during the 4th quarter. Bank of America Corp DE now owns 2,695,734 shares of the utilities provider's stock worth $335,592,000 after purchasing an additional 747,316 shares in the last quarter. Nuveen LLC acquired a new position in shares of American Water Works during the 1st quarter valued at about $103,053,000. GAMMA Investing LLC increased its holdings in shares of American Water Works by 20,534.0% during the 1st quarter. GAMMA Investing LLC now owns 615,306 shares of the utilities provider's stock valued at $90,770,000 after acquiring an additional 612,324 shares during the last quarter. Finally, ASR Vermogensbeheer N.V. acquired a new position in shares of American Water Works during the 1st quarter valued at about $64,870,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Performance

Shares of NYSE:AWK traded up $2.5110 during trading on Tuesday, hitting $145.1710. 1,562,505 shares of the stock were exchanged, compared to its average volume of 1,631,055. American Water Works Company, Inc. has a 1-year low of $118.74 and a 1-year high of $155.50. The company has a market capitalization of $28.32 billion, a price-to-earnings ratio of 26.16, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65. The company's fifty day simple moving average is $141.77 and its 200-day simple moving average is $140.77. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.35.

American Water Works (NYSE:AWK - Get Free Report) last posted its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.05). The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. American Water Works had a return on equity of 10.34% and a net margin of 21.91%.American Water Works's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.42 EPS. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. Sell-side analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Investors of record on Tuesday, August 12th will be given a dividend of $0.8275 per share. This represents a $3.31 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, August 12th. American Water Works's dividend payout ratio (DPR) is 59.64%.

Insider Activity at American Water Works

In related news, CAO Melissa K. Wikle sold 2,825 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $143.28, for a total transaction of $404,766.00. Following the completion of the transaction, the chief accounting officer owned 7,572 shares in the company, valued at $1,084,916.16. This trade represents a 27.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.11% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. UBS Group lowered their price objective on American Water Works from $156.00 to $151.00 and set a "neutral" rating on the stock in a report on Tuesday, August 12th. Barclays lowered their price objective on American Water Works from $138.00 to $128.00 and set an "underweight" rating on the stock in a report on Thursday, July 10th. Evercore ISI increased their price objective on American Water Works from $139.00 to $148.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. Mizuho increased their price objective on American Water Works from $148.00 to $149.00 and gave the company a "neutral" rating in a report on Friday, August 1st. Finally, Argus lifted their price target on American Water Works from $155.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, August 14th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and an average target price of $143.30.

American Water Works Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.