Lombard Odier Asset Management Europe Ltd Makes New Investment in American Water Works Company, Inc. $AWK

Key Points

• Lombard Odier Asset Management Europe acquired 36,205 shares of American Water Works worth approximately $4.76 million during the second quarter. Other institutional investors also initiated positions, with institutions collectively owning 86.58% of the stock.
• American Water Works exceeded quarterly expectations, reporting $1.61 in EPS versus the $1.53 consensus and $1.35 billion in revenue, up 6.2% year over year. The company guided for fiscal 2026 EPS of $6.02–$6.12.
• The company declared a quarterly dividend of $0.895 per share, equivalent to a 2.6% annual yield. Analysts maintain a consensus “Hold” rating with an average price target of $138.78.

Lombard Odier Asset Management Europe Ltd acquired a new position in American Water Works Company, Inc. (NYSE:AWK - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 36,205 shares of the utilities provider's stock, valued at approximately $4,764,000.

A number of other large investors have also recently made changes to their positions in the stock. Kingsview Wealth Management LLC purchased a new position in shares of American Water Works during the 2nd quarter valued at about $661,000. Beacon Pointe Advisors LLC purchased a new stake in American Water Works in the 2nd quarter worth approximately $1,524,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in American Water Works in the 2nd quarter worth approximately $372,000. Strait & Sound Wealth Management LLC bought a new stake in American Water Works during the 2nd quarter worth approximately $211,000. Finally, Orion Capital Management LLC bought a new stake in American Water Works during the 2nd quarter worth approximately $92,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Up 1.1%

NYSE AWK opened at $138.19 on Friday. The stock's 50 day moving average is $134.13 and its 200 day moving average is $131.94. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $145.64. The stock has a market cap of $27.46 billion, a PE ratio of 23.95, a P/E/G ratio of 2.79 and a beta of 0.60.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly 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 return on equity of 10.20% and a net margin of 21.35%.The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the prior year, the company posted $1.48 EPS. The firm's revenue for the quarter 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. Research analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AWK. Wall Street Zen upgraded shares of American Water Works from a "strong sell" rating to a "sell" rating in a research report on Monday, August 3rd. Bank of America restated a "neutral" rating on shares of American Water Works in a research report on Thursday, July 16th. Mizuho lifted their target price on shares of American Water Works from $130.00 to $140.00 and gave the company a "neutral" rating in a research note on Friday, July 31st. Truist Financial set a $139.00 target price on shares of American Water Works in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. upped their target price on shares of American Water Works from $138.00 to $147.00 and gave the stock a "neutral" rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus 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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