Dimensional Fund Advisors LP Has $115.11 Million Holdings in American Water Works Company, Inc. $AWK

Key Points

• Dimensional Fund Advisors LP increased its stake in American Water Works by 3.0%, now owning 780,312 shares valued at approximately $115.11 million.
• The company has set its fiscal year 2025 guidance at $5.700-$5.750 EPS, with analysts predicting an average EPS of $5.71 for the current year.
• American Water Works has declared a quarterly dividend of $0.8275 per share, with a dividend yield of 2.3%, set to be paid on September 3rd.

Dimensional Fund Advisors LP grew its holdings in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 3.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 780,312 shares of the utilities provider's stock after purchasing an additional 22,615 shares during the period. Dimensional Fund Advisors LP owned approximately 0.40% of American Water Works worth $115,106,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Horizon Investments LLC increased its holdings in shares of American Water Works by 5.0% during the first quarter. Horizon Investments LLC now owns 2,799 shares of the utilities provider's stock valued at $410,000 after purchasing an additional 134 shares during the period. Sei Investments Co. increased its holdings in shares of American Water Works by 1.3% during the first quarter. Sei Investments Co. now owns 552,857 shares of the utilities provider's stock valued at $81,557,000 after purchasing an additional 7,093 shares during the period. Kovitz Investment Group Partners LLC increased its holdings in shares of American Water Works by 54.4% during the first quarter. Kovitz Investment Group Partners LLC now owns 4,046 shares of the utilities provider's stock valued at $597,000 after purchasing an additional 1,426 shares during the period. Ground Swell Capital LLC acquired a new position in shares of American Water Works during the first quarter valued at $301,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of American Water Works by 312.4% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 85,015 shares of the utilities provider's stock valued at $12,541,000 after purchasing an additional 64,400 shares during the period. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Trading Down 1.2%

Shares of NYSE:AWK traded down $1.77 during midday trading on Thursday, reaching $142.98. The company had a trading volume of 947,775 shares, compared to its average volume of 1,661,358. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.35. American Water Works Company, Inc. has a 1-year low of $118.74 and a 1-year high of $155.50. The firm has a market cap of $27.89 billion, a price-to-earnings ratio of 25.76, a price-to-earnings-growth ratio of 3.43 and a beta of 0.65. The company has a fifty day simple moving average of $142.40 and a two-hundred day simple moving average of $141.69.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The utilities provider reported $1.48 earnings per share for the quarter, missing analysts' consensus estimates of $1.53 by ($0.05). American Water Works had a net margin of 21.91% and a return on equity of 10.34%. The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the business earned $1.42 EPS. The company's revenue for the quarter 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. Research analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

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

Insider Buying and Selling at American Water Works

In related news, CAO Melissa K. Wikle sold 2,825 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $143.28, for a total value of $404,766.00. Following the completion of the transaction, the chief accounting officer owned 7,572 shares in the company, valued at $1,084,916.16. This trade represents a 27.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.11% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AWK shares. Evercore ISI raised their price target on American Water Works from $139.00 to $148.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. UBS Group lowered their target price 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. Barclays lowered their target price 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. Argus lifted their target price 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, Wall Street Zen lowered American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, May 14th. Two research 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 MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $143.30.

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.