Cwm LLC Has $2.44 Million Stake in American Water Works Company, Inc. $AWK

Key Points

• Cwm LLC increased its stake in American Water Works by 25.7%, now holding 17,569 shares valued at $2.44 million.
• American Water Works reported $1.48 earnings per share (EPS) for the last quarter, missing estimates, while its revenue increased by 11.1% year-over-year.
• The company has set its FY 2025 EPS guidance at 5.700-5.750, with a current dividend yield of 2.3% based on its latest quarterly payout.

Cwm LLC raised its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 25.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,569 shares of the utilities provider's stock after acquiring an additional 3,589 shares during the period. Cwm LLC's holdings in American Water Works were worth $2,444,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AWK. Oliver Lagore Vanvalin Investment Group acquired a new position in American Water Works in the second quarter valued at about $28,000. Cloud Capital Management LLC bought a new stake in shares of American Water Works in the first quarter valued at about $29,000. WPG Advisers LLC bought a new stake in shares of American Water Works in the first quarter valued at about $29,000. Flaharty Asset Management LLC bought a new stake in shares of American Water Works in the first quarter valued at about $30,000. Finally, REAP Financial Group LLC lifted its holdings in shares of American Water Works by 157.3% in the second quarter. REAP Financial Group LLC now owns 283 shares of the utilities provider's stock valued at $39,000 after purchasing an additional 173 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Stock Performance

AWK opened at $144.02 on Friday. American Water Works Company, Inc. has a 52-week low of $118.74 and a 52-week high of $155.50. The firm has a market capitalization of $28.10 billion, a PE ratio of 25.95, a PEG ratio of 3.45 and a beta of 0.70. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.35. The business's 50-day simple moving average is $140.68 and its 200 day simple moving average is $142.03.

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 the consensus estimate 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 company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the company posted $1.42 EPS. The business's revenue was up 11.1% on a year-over-year basis. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. As a group, sell-side analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 12th were paid a $0.8275 dividend. The ex-dividend date was Tuesday, August 12th. This represents a $3.31 annualized dividend and a yield of 2.3%. American Water Works's dividend payout ratio is currently 59.64%.

Analysts Set New Price Targets

A number of analysts have recently commented on AWK shares. Barclays cut their price target 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. TD Cowen started coverage on American Water Works in a report on Thursday. They issued a "hold" rating and a $155.00 price target on the stock. UBS Group cut their price target 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. Weiss Ratings restated a "hold (c+)" rating on shares of American Water Works in a report on Wednesday, October 8th. Finally, Argus boosted their price target on American Water Works from $155.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, August 14th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $145.00.

About American Water Works

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.

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