Korea Investment CORP Invests $1.40 Million in American Water Works Company, Inc. $AWK

Key Points

• Korea Investment Corp. acquired a new $1.40 million stake in American Water Works during the second quarter, purchasing 10,601 shares. Institutional investors collectively own 86.58% of the utility’s stock.
• American Water Works exceeded quarterly expectations, reporting $1.61 in 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 a 2.6% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $138.78.

Korea Investment CORP bought a new stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,601 shares of the utilities provider's stock, valued at approximately $1,395,000.

A number of other institutional investors also recently bought and sold shares of the business. Cbre Investment Management Listed Real Assets LLC lifted its position in shares of American Water Works by 82.7% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 21,430 shares of the utilities provider's stock worth $2,797,000 after buying an additional 9,698 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in American Water Works during the 1st quarter worth $1,347,000. Generali Asset Management SPA SGR raised its stake in American Water Works by 73.8% during the 4th quarter. Generali Asset Management SPA SGR now owns 25,338 shares of the utilities provider's stock worth $3,307,000 after acquiring an additional 10,760 shares in the last quarter. Capital Innovations LLC purchased a new stake in American Water Works in the fourth quarter valued at $4,700,000. Finally, Erste Asset Management GmbH boosted its stake in American Water Works by 25.9% in the fourth quarter. Erste Asset Management GmbH now owns 69,893 shares of the utilities provider's stock valued at $9,142,000 after acquiring an additional 14,363 shares in the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Trading Down 1.7%

NYSE AWK opened at $137.58 on Wednesday. The firm's fifty day moving average is $133.40 and its two-hundred day moving average is $131.73. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $145.64. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. The firm has a market cap of $27.34 billion, a PE ratio of 23.84, a P/E/G ratio of 2.85 and a beta of 0.60.

American Water Works (NYSE:AWK - Get Free Report) last announced its earnings results 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. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the firm earned $1.48 earnings per share. The business's quarterly revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a $0.895 dividend. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works's dividend payout ratio (DPR) is 62.05%.

Analyst Ratings Changes

A number of research firms have recently commented on AWK. Bank of America reiterated a "neutral" rating on shares of American Water Works in a research report on Thursday, July 16th. JPMorgan Chase & Co. raised their price target on American Water Works from $138.00 to $147.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 8th. Mizuho lifted their price target on American Water Works from $130.00 to $140.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. UBS Group boosted their price objective on American Water Works from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 2nd. Finally, Wall Street Zen raised American Water Works from a "strong sell" rating to a "sell" rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, American Water Works currently has an average rating of "Hold" and a consensus 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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