KLP Kapitalforvaltning AS Has $15.96 Million Holdings in American Water Works Company, Inc. $AWK

Key Points

• KLP Kapitalforvaltning AS raised its stake in American Water Works by 6.6% to 122,286 shares, worth about $15.96 million at the end of the quarter.
• The Kentucky Public Service Commission approved the proposed merger with Essential Utilities, the first regulatory sign‑off that reduces execution risk and increases the likelihood the deal will close.
• American Water reported Q EPS of $1.24, missing estimates by $0.04, and set FY2026 guidance of $6.020–$6.120 per share (consensus ~6.09), indicating modest growth expectations.

KLP Kapitalforvaltning AS boosted its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 122,286 shares of the utilities provider's stock after purchasing an additional 7,600 shares during the quarter. KLP Kapitalforvaltning AS owned 0.06% of American Water Works worth $15,958,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in American Water Works by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider's stock valued at $3,650,543,000 after purchasing an additional 597,916 shares during the last quarter. State Street Corp raised its stake in American Water Works by 1.1% during the 3rd quarter. State Street Corp now owns 11,551,733 shares of the utilities provider's stock valued at $1,607,886,000 after purchasing an additional 120,870 shares during the last quarter. Bank of America Corp DE raised its stake in American Water Works by 3.7% during the 3rd quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider's stock valued at $386,882,000 after purchasing an additional 98,042 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in American Water Works by 383.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider's stock valued at $361,355,000 after purchasing an additional 2,058,656 shares during the last quarter. Finally, Nordea Investment Management AB raised its stake in American Water Works by 2.2% during the 4th quarter. Nordea Investment Management AB now owns 2,219,816 shares of the utilities provider's stock valued at $290,729,000 after purchasing an additional 47,977 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Key American Water Works News

Here are the key news stories impacting American Water Works this week:

• Positive Sentiment: Kentucky Public Service Commission approved the proposed merger between American Water and Essential Utilities — the first regulatory approval in the merger path, following shareholder approval, which reduces regulatory execution risk and increases the likelihood the deal will close. Read More.
• Positive Sentiment: Additional coverage of the Kentucky approval highlights the same regulatory milestone for the merger, reinforcing the market’s positive reaction to tangible progress on the transaction. Read More.
• Positive Sentiment: Dividend preview stories note American Water’s long track record of dividend growth (17-year growth streak) and an upcoming April boost, which supports income-focused demand for AWK shares. Read More.
• Neutral Sentiment: American Water Charitable Foundation awarded over $1.5M across 86 organizations (and separately $243K to 12 Pennsylvania nonprofits); positive for community relations and ESG narrative but immaterial to near-term financials. Read More.
• Neutral Sentiment: Company Earth Day and Pennsylvania-specific environmental outreach/education releases reinforce stewardship messaging; supportive for reputation but unlikely to move fundamentals. Read More.
• Negative Sentiment: Truist Securities initiated coverage on AWK with a Hold rating — the report may temper upside expectations for some investors and serves as a reminder that analysts see limited near-term outperformance. Read More.

American Water Works Trading Up 3.0%

Shares of AWK stock opened at $135.08 on Friday. American Water Works Company, Inc. has a 52-week low of $121.28 and a 52-week high of $150.51. The stock has a market cap of $26.38 billion, a price-to-earnings ratio of 23.74, a P/E/G ratio of 2.89 and a beta of 0.74. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46. The firm has a fifty day moving average of $135.16 and a 200-day moving average of $132.99.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.28 by ($0.04). American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the company posted $1.15 EPS. The company's quarterly revenue was up 5.8% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, equities research analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on AWK shares. Truist Financial started coverage on shares of American Water Works in a research note on Tuesday. They set a "hold" rating and a $137.00 target price for the company. Barclays increased their price objective on shares of American Water Works from $122.00 to $124.00 and gave the company an "underweight" rating in a research note on Monday. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a research note on Tuesday. Weiss Ratings restated a "hold (c)" rating on shares of American Water Works in a research note on Friday, March 27th. Finally, Bank of America upgraded shares of American Water Works from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $117.00 to $139.00 in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $141.20.

About American Water Works

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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