B. Metzler seel. Sohn & Co. AG Takes Position in American Water Works Company, Inc. $AWK

Key Points

• B. Metzler seel. Sohn & Co. AG initiated a position in American Water Works during the second quarter, purchasing 64,346 shares valued at approximately $8.5 million. Institutional investors collectively own 86.58% of the company.
• Analysts maintain a generally cautious view, with one Buy, eight Hold, and one Sell rating. The average price target is $138.78, while targets range from $130 to $150.
• American Water Works exceeded quarterly expectations with $1.61 in EPS and $1.35 billion in revenue, up 6.2% year over year. The company also declared a quarterly dividend of $0.895 per share, representing a 2.6% annualized yield.

B. Metzler seel. Sohn & Co. AG bought a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 64,346 shares of the utilities provider's stock, valued at approximately $8,467,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc boosted its position in shares of American Water Works by 6.6% during 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. Salomon & Ludwin LLC lifted its stake in American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 81 shares in the last quarter. Faithward Advisors LLC lifted its stake in American Water Works by 5.4% during the 3rd quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider's stock valued at $223,000 after acquiring an additional 82 shares in the last quarter. Cresset Asset Management LLC boosted its holdings in American Water Works by 1.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider's stock worth $816,000 after acquiring an additional 85 shares during the last quarter. Finally, TD Waterhouse Canada Inc. boosted its holdings in American Water Works by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 5,121 shares of the utilities provider's stock worth $668,000 after acquiring an additional 87 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on AWK shares. UBS Group boosted their price target on shares of American Water Works from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 2nd. Barclays increased their price objective on shares of American Water Works from $124.00 to $130.00 and gave the company an "underweight" rating in a research note on Wednesday, July 15th. Weiss Ratings reissued a "hold (c)" rating on shares of American Water Works in a research report on Wednesday, June 24th. JPMorgan Chase & Co. upped their target price on American Water Works from $138.00 to $147.00 and gave the company a "neutral" rating in a report on Wednesday, July 8th. Finally, Bank of America reaffirmed 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, eight have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, American Water Works currently has an average rating of "Hold" and an average target price of $138.78.

American Water Works Trading Down 1.1%

NYSE:AWK opened at $137.20 on Friday. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $147.84. 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 firm's 50 day moving average is $132.77 and its 200 day moving average is $131.47. The stock has a market capitalization of $27.27 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 2.80 and a beta of 0.60.

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, topping the consensus estimate 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 company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the company earned $1.48 EPS. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be issued a dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a yield of 2.6%. American Water Works's dividend payout ratio is 62.05%.

About American Water Works

American Water Works Company, Inc NYSE: AWK is a publicly traded utility company that provides water and wastewater services in the United States. Its core business is the operation, management and maintenance of regulated water and wastewater systems that deliver potable water, collect and treat wastewater, and provide related customer services to residential, commercial and industrial customers as well as municipalities. The company's operations include water treatment and distribution, wastewater collection and treatment, meter reading and billing, emergency repairs, and long-term infrastructure planning and capital project execution.

In addition to its regulated utility operations, American Water offers complementary nonregulated services and solutions that support system reliability and customer needs.

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