Isthmus Partners LLC Makes New Investment in American Water Works Company, Inc. $AWK

Key Points

• Isthmus Partners LLC acquired 42,642 shares of American Water Works in the third quarter, valued at approximately $5.52 million. Institutional investors collectively own 86.58% of AWK.
• American Water Works reported quarterly EPS of $1.61, exceeding estimates of $1.53, while revenue rose 6.2% year over year to $1.35 billion. Management’s fiscal 2026 EPS guidance is $6.02–$6.12.
• The company pays a quarterly dividend of $0.895 per share, representing a 2.5% annualized yield. Analysts maintain an overall “Hold” rating, with an average price target of $136.75.

Isthmus Partners LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 42,642 shares of the utilities provider's stock, valued at approximately $5,521,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of AWK. Versant Capital Management Inc boosted its position in American Water Works by 6.6% during the second quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider's stock worth $158,000 after acquiring an additional 74 shares during the last quarter. CoreCap Advisors LLC lifted its stake in American Water Works by 21.1% in the 3rd quarter. CoreCap Advisors LLC now owns 453 shares of the utilities provider's stock worth $62,000 after purchasing an additional 79 shares in the last quarter. Eastern Bank boosted its holdings in shares of American Water Works by 2.9% during the 3rd quarter. Eastern Bank now owns 2,945 shares of the utilities provider's stock worth $381,000 after purchasing an additional 82 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of American Water Works by 13.7% during the 2nd quarter. Parkside Financial Bank & Trust now owns 806 shares of the utilities provider's stock worth $106,000 after purchasing an additional 97 shares during the last quarter. Finally, CENTRAL TRUST Co grew its position in shares of American Water Works by 1.0% in the first quarter. CENTRAL TRUST Co now owns 10,672 shares of the utilities provider's stock valued at $1,452,000 after purchasing an additional 108 shares in the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Performance

American Water Works stock opened at $143.21 on Friday. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $144.88. The stock has a market cap of $28.46 billion, a price-to-earnings ratio of 23.23, a price-to-earnings-growth ratio of 2.75 and a beta of 0.58. The firm has a 50 day simple moving average of $135.00 and a 200-day simple moving average of $131.89. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49.

American Water Works (NYSE:AWK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.08. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%. The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.48 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, analysts expect that American Water Works Company, Inc. will post 6.08 EPS for the current year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a dividend of $0.8950 per share. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, August 11th. American Water Works's dividend payout ratio (DPR) is presently 62.05%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Bank of America reaffirmed a "neutral" rating on shares of American Water Works in a report on Thursday, July 16th. Weiss Ratings raised American Water Works from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, October 2nd. Wall Street Zen upgraded American Water Works from a "strong sell" rating to a "sell" rating in a report on Monday, August 3rd. UBS Group cut their target price on American Water Works from $162.00 to $153.00 and set a "buy" rating for the company in a research note on Friday, October 16th. Finally, Mizuho raised their target price on American Water Works from $130.00 to $140.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $136.75.

American Water Works Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.