Barrow Hanley Mewhinney & Strauss LLC Acquires Shares of 1,228,389 American Water Works Company, Inc. $AWK

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 1,228,389 shares of American Water Works, valued at approximately $161.6 million, giving it a 0.62% stake. Institutional investors collectively own 86.58% of AWK.
• Analysts maintain a predominantly neutral view, with a consensus rating of Hold and an average price target of $138.78. Recent targets range from $139 to $147.
• American Water Works exceeded quarterly earnings and revenue expectations, reporting $1.61 EPS and $1.35 billion in revenue, while announcing a quarterly dividend of $0.895 per share, representing a 2.6% yield.

Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,228,389 shares of the utilities provider's stock, valued at approximately $161,631,000. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.62% of American Water Works as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of American Water Works during the second quarter valued at approximately $2,712,173,000. State Street Corp grew its stake in shares of American Water Works by 4.2% in the 4th quarter. State Street Corp now owns 12,037,823 shares of the utilities provider's stock valued at $1,570,936,000 after buying an additional 486,090 shares during the period. GQG Partners LLC acquired a new stake in American Water Works during the second quarter worth $1,171,477,000. Wellington Management Group LLP raised its holdings in American Water Works by 3,274.6% in the 4th quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider's stock valued at $925,605,000 after buying an additional 6,882,575 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of American Water Works by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider's stock worth $655,025,000 after acquiring an additional 33,359 shares during the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on AWK. Bank of America reissued a "neutral" rating on shares of American Water Works in a research note on Thursday, July 16th. Truist Financial set a $139.00 price objective on shares of American Water Works in a report on Tuesday, August 4th. Mizuho upped their target price on American Water Works from $130.00 to $140.00 and gave the company a "neutral" rating in a research report on Friday, July 31st. JPMorgan Chase & Co. lifted their price objective 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, 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. One equities 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 stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $138.78.

American Water Works Stock Up 0.2%

AWK stock opened at $135.66 on Monday. The stock has a market capitalization of $26.96 billion, a P/E ratio of 23.51, a PEG ratio of 2.76 and a beta of 0.60. The company has a 50 day moving average price of $132.95 and a two-hundred day moving average price of $131.54. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $147.84. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter last year, the business earned $1.48 EPS. American Water Works's revenue for the quarter 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. As a group, sell-side analysts expect that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be given a $0.895 dividend. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 11th. American Water Works's dividend payout ratio is presently 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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