OMERS ADMINISTRATION Corp Purchases Shares of 10,175 American Water Works Company, Inc. $AWK

OMERS ADMINISTRATION Corp acquired a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,175 shares of the utilities provider's stock, valued at approximately $1,339,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of American Water Works by 82.7% in 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 acquiring an additional 9,698 shares during the last quarter. Louisiana State Employees Retirement System acquired a new position in American Water Works during the 1st quarter valued at about $1,347,000. Generali Asset Management SPA SGR increased its holdings 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 purchasing an additional 10,760 shares in the last quarter. Capital Innovations LLC bought a new stake in American Water Works during the 4th quarter worth approximately $4,700,000. Finally, Erste Asset Management GmbH increased its holdings in American Water Works by 25.9% during the 4th quarter. Erste Asset Management GmbH now owns 69,893 shares of the utilities provider's stock worth $9,142,000 after purchasing an additional 14,363 shares in the last quarter. 86.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Wall Street Zen upgraded American Water Works from a "strong sell" rating to a "sell" rating in a report on Monday, August 3rd. Mizuho upped their price target on American Water Works from $130.00 to $140.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. Barclays increased their price target on American Water Works from $124.00 to $130.00 and gave the company an "underweight" rating in a research report on Wednesday, July 15th. Bank of America restated a "neutral" rating on shares of American Water Works in a research note on Thursday, July 16th. Finally, Truist Financial set a $139.00 price objective on shares of American Water Works in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $138.78.

American Water Works Price Performance

American Water Works stock opened at $137.54 on Thursday. American Water Works Company, Inc. has a 52 week low of $120.57 and a 52 week high of $145.64. The company's 50 day moving average price is $133.64 and its two-hundred day moving average price is $131.81. The stock has a market cap of $27.33 billion, a P/E ratio of 23.84, a P/E/G ratio of 2.80 and a beta of 0.60. 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 (NYSE:AWK - Get Free Report) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating 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%.American Water Works's quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.48 earnings per share. 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 firm also recently disclosed 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 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works's dividend payout ratio is 62.05%.

American Water Works Company 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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