Flputnam Investment Management Co. Makes New Investment in American Water Works Company, Inc. $AWK

Key Points

• Flputnam Investment Management acquired 23,497 shares of American Water Works in the second quarter, valued at approximately $3.1 million. Institutional investors collectively own 86.58% of the company.
• American Water Works exceeded quarterly expectations, reporting $1.61 EPS and $1.35 billion in revenue, with revenue up 6.2% year over year. The company reaffirmed fiscal 2026 EPS guidance of $6.02–$6.12.
• The company declared a quarterly dividend of $0.895 per share, equivalent to $3.58 annually and a 2.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $138.78.

Flputnam Investment Management Co. acquired a new stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,497 shares of the utilities provider's stock, valued at approximately $3,092,000.

A number of other institutional investors also recently modified their holdings of the company. State Street Corp grew its holdings in American Water Works by 4.2% during the 4th quarter. State Street Corp now owns 12,037,823 shares of the utilities provider's stock worth $1,570,936,000 after acquiring an additional 486,090 shares during the period. Wellington Management Group LLP raised its position in shares of American Water Works by 3,274.6% in the 4th quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider's stock worth $925,605,000 after acquiring an additional 6,882,575 shares in the last quarter. GQG Partners LLC lifted its stake in shares of American Water Works by 64.2% in the 4th quarter. GQG Partners LLC now owns 6,493,161 shares of the utilities provider's stock valued at $847,361,000 after purchasing an additional 2,539,683 shares during the period. Geode Capital Management LLC lifted its stake in shares of American Water Works by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider's stock valued at $655,025,000 after purchasing an additional 33,359 shares during the period. Finally, Amundi boosted its position in shares of American Water Works by 4.3% during the 1st quarter. Amundi now owns 4,351,056 shares of the utilities provider's stock valued at $592,081,000 after purchasing an additional 179,127 shares in the last quarter. 86.58% of the stock is owned by institutional investors.

American Water Works Price Performance

American Water Works stock opened at $136.25 on Monday. The company's 50 day moving average price is $131.81 and its two-hundred day moving average price is $131.25. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a 52 week low of $120.57 and a 52 week high of $147.87. The stock has a market cap of $27.08 billion, a P/E ratio of 23.61, a P/E/G ratio of 2.75 and a beta of 0.60.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.53 by $0.08. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, equities analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 11th. American Water Works's dividend payout ratio is currently 62.05%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Truist Financial set a $139.00 target price on shares of American Water Works in a research report on Tuesday, August 4th. Wall Street Zen upgraded shares of American Water Works from a "strong sell" rating to a "sell" rating in a report on Monday, August 3rd. UBS Group lifted their price target on shares of American Water Works from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 2nd. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a report on Tuesday, April 21st. Finally, Mizuho increased their price objective on shares of American Water Works from $130.00 to $140.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $138.78.

American Water Works Profile

American Water Works Company, Inc NYSE: AWK is a publicly traded utility company that provides water and wastewater services in the United States. Its core business is the operation, management and maintenance of regulated water and wastewater systems that deliver potable water, collect and treat wastewater, and provide related customer services to residential, commercial and industrial customers as well as municipalities. The company's operations include water treatment and distribution, wastewater collection and treatment, meter reading and billing, emergency repairs, and long-term infrastructure planning and capital project execution.

In addition to its regulated utility operations, American Water offers complementary nonregulated services and solutions that support system reliability and customer needs.

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