Czech National Bank Acquires 2,914 Shares of American Water Works Company, Inc. $AWK

Key Points

• The Czech National Bank has increased its holdings in American Water Works Company, Inc. by 6.5%, now owning 47,667 shares valued at approximately $6.63 million.
• Institutional investors collectively own 86.58% of American Water Works, with major stakes increased by firms such as Vanguard Group and Pictet Asset Management.
• The company reported an EPS of $1.48 for the last quarter, missing expectations, while setting guidance for FY 2025 at 5.700-5.750 EPS and recently declared a quarterly dividend of $0.8275.

Czech National Bank boosted its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 6.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,667 shares of the utilities provider's stock after buying an additional 2,914 shares during the period. Czech National Bank's holdings in American Water Works were worth $6,631,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Tidal Investments LLC raised its position in shares of American Water Works by 16.8% in the 4th quarter. Tidal Investments LLC now owns 28,396 shares of the utilities provider's stock valued at $3,535,000 after acquiring an additional 4,091 shares during the period. Woodline Partners LP acquired a new stake in American Water Works in the 4th quarter valued at approximately $1,457,000. Worldquant Millennium Advisors LLC raised its position in American Water Works by 16.5% in the 4th quarter. Worldquant Millennium Advisors LLC now owns 50,838 shares of the utilities provider's stock valued at $6,329,000 after buying an additional 7,193 shares during the last quarter. Voloridge Investment Management LLC acquired a new stake in shares of American Water Works in the fourth quarter valued at approximately $4,648,000. Finally, PharVision Advisers LLC acquired a new stake in shares of American Water Works in the fourth quarter valued at approximately $821,000. Institutional investors and hedge funds own 86.58% of the company's stock.

American Water Works Stock Down 0.3%

AWK traded down $0.37 during midday trading on Friday, hitting $135.02. The company had a trading volume of 2,660,203 shares, compared to its average volume of 999,788. American Water Works Company, Inc. has a 52 week low of $118.74 and a 52 week high of $155.50. The company has a market capitalization of $26.34 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 3.21 and a beta of 0.69. The stock's 50 day moving average price is $141.96 and its 200 day moving average price is $142.60. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 1.15.

American Water Works (NYSE:AWK - Get Free Report) last issued its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 EPS for the quarter, missing analysts' consensus estimates of $1.53 by ($0.05). The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.22 billion. American Water Works had a net margin of 21.91% and a return on equity of 10.34%. The business's quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.42 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. On average, research analysts anticipate 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 declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 12th were paid a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Tuesday, August 12th. American Water Works's payout ratio is 59.64%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AWK. Wells Fargo & Company lowered their price target on shares of American Water Works from $147.00 to $141.00 and set an "equal weight" rating on the stock in a research note on Friday, August 1st. Mizuho lifted their target price on American Water Works from $148.00 to $149.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. UBS Group reduced their target price on shares of American Water Works from $156.00 to $151.00 and set a "neutral" rating for the company in a report on Tuesday, August 12th. Argus boosted their price objective on American Water Works from $155.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, August 14th. Finally, Barclays reduced their price objective on American Water Works from $138.00 to $128.00 and set an "underweight" rating for the company in a report on Thursday, July 10th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, American Water Works currently has an average rating of "Reduce" and an average price target of $141.13.

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.