American Water Works Company, Inc. $AWK Shares Purchased by CW Advisors LLC

Key Points

• CW Advisors LLC increased its stake in American Water Works by 51.6%, acquiring an additional 3,643 shares to hold a total of 10,707 shares worth approximately $1.57 million.
• Several hedge funds have also made moves regarding American Water Works, with institutional investors now owning 86.58% of the company's stock.
• American Water Works announced a quarterly dividend of $0.8275, representing an annualized yield of 2.3%, payable on September 3rd.

CW Advisors LLC boosted its holdings in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 51.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,707 shares of the utilities provider's stock after acquiring an additional 3,643 shares during the period. CW Advisors LLC's holdings in American Water Works were worth $1,568,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AWK. Marshall Wace LLP purchased a new stake in American Water Works during the 4th quarter valued at about $2,842,000. Dimensional Fund Advisors LP grew its stake in shares of American Water Works by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 757,697 shares of the utilities provider's stock valued at $94,324,000 after buying an additional 14,808 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of American Water Works by 12.2% in the 4th quarter. Integrated Wealth Concepts LLC now owns 3,382 shares of the utilities provider's stock valued at $421,000 after buying an additional 367 shares during the period. Nebula Research & Development LLC purchased a new stake in shares of American Water Works in the 4th quarter valued at approximately $416,000. Finally, Boothbay Fund Management LLC purchased a new stake in shares of American Water Works in the 4th quarter valued at approximately $320,000. Hedge funds and other institutional investors own 86.58% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wall Street Zen cut shares of American Water Works from a "hold" rating to a "sell" rating in a research note on Wednesday, May 14th. UBS Group dropped their price target on shares of American Water Works from $156.00 to $151.00 and set a "neutral" rating for the company in a research note on Tuesday, August 12th. Mizuho increased their price objective on shares of American Water Works from $148.00 to $149.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. Evercore ISI increased their price objective on shares of American Water Works from $139.00 to $148.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. Finally, Wells Fargo & Company lowered their price objective on shares of American Water Works from $147.00 to $141.00 and set an "equal weight" rating for the company in a research report on Friday, August 1st. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $143.30.

American Water Works Stock Up 0.3%

American Water Works stock traded up $0.47 during mid-day trading on Friday, reaching $143.40. 941,293 shares of the company's stock were exchanged, compared to its average volume of 1,604,837. The company has a market cap of $27.98 billion, a P/E ratio of 25.84, a P/E/G ratio of 3.38 and a beta of 0.65. American Water Works Company, Inc. has a twelve month low of $118.74 and a twelve month high of $155.50. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 1.15. The company has a fifty day moving average of $142.44 and a 200-day moving average of $141.82.

American Water Works (NYSE:AWK - Get Free Report) last released its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.53 by ($0.05). American Water Works had a return on equity of 10.34% and a net margin of 21.91%.The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the company earned $1.42 earnings per share. American Water Works's quarterly revenue was up 11.1% compared to the same quarter last year. 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 year.

American Water Works Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Tuesday, August 12th will be issued a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, August 12th. American Water Works's dividend payout ratio (DPR) is presently 59.64%.

American Water Works Company 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.