Edmond DE Rothschild Holding S.A. Has $10.90 Million Position in American Water Works Company, Inc. $AWK

Key Points

• Edmond DE Rothschild Holding S.A. increased its position in American Water Works by 6.0%, owning 73,902 shares valued at approximately $10.90 million as of its latest SEC filing.
• A significant number of institutional investors, including Price T Rowe Associates and Pictet Asset Management, have made substantial increases in their holdings of American Water Works during the first quarter.
• American Water Works reported a missed earnings estimate in its latest quarterly results, posting $1.48 EPS against the expected $1.53, but revenue increased by 11.1% year-over-year.

Edmond DE Rothschild Holding S.A. grew its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 6.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 73,902 shares of the utilities provider's stock after acquiring an additional 4,181 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in American Water Works were worth $10,902,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. PFG Advisors lifted its position in American Water Works by 33.4% in the first quarter. PFG Advisors now owns 9,699 shares of the utilities provider's stock worth $1,431,000 after purchasing an additional 2,429 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of American Water Works by 2.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 124,352 shares of the utilities provider's stock valued at $18,344,000 after buying an additional 2,570 shares in the last quarter. Brown Advisory Inc. lifted its holdings in shares of American Water Works by 2.2% during the 1st quarter. Brown Advisory Inc. now owns 10,547 shares of the utilities provider's stock worth $1,556,000 after acquiring an additional 229 shares during the period. Farther Finance Advisors LLC boosted its position in shares of American Water Works by 45.2% during the 1st quarter. Farther Finance Advisors LLC now owns 2,326 shares of the utilities provider's stock valued at $342,000 after acquiring an additional 724 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in American Water Works by 21.5% in the first quarter. Oppenheimer & Co. Inc. now owns 7,692 shares of the utilities provider's stock valued at $1,135,000 after acquiring an additional 1,359 shares during the period. Institutional investors own 86.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Mizuho raised their price target on shares of American Water Works from $148.00 to $149.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Wells Fargo & Company cut their target price on 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. UBS Group lowered their price target on American Water Works from $156.00 to $151.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 12th. Wall Street Zen cut American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, May 14th. Finally, Argus boosted their target price on shares of American Water Works from $155.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, August 14th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and an average target price of $143.30.

American Water Works Price Performance

Shares of NYSE AWK traded up $0.05 during trading on Tuesday, reaching $140.07. The company had a trading volume of 724,714 shares, compared to its average volume of 1,402,717. American Water Works Company, Inc. has a 52 week low of $118.74 and a 52 week high of $155.50. The business's 50 day moving average price is $142.62 and its 200-day moving average price is $142.62. The stock has a market cap of $27.33 billion, a PE ratio of 25.24, a PEG ratio of 3.40 and a beta of 0.69. 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 (NYSE:AWK - Get Free Report) last issued 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 period in the prior year, the business earned $1.42 EPS. The business's revenue for the quarter 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. Analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Tuesday, August 12th were issued a $0.8275 dividend. The ex-dividend date was Tuesday, August 12th. This represents a $3.31 annualized dividend and a yield of 2.4%. American Water Works's dividend payout ratio (DPR) is currently 59.64%.

American Water Works 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.