Pictet Asset Management Holding SA Boosts Stock Position in American Water Works Company, Inc. $AWK

Key Points

• Pictet Asset Management increased its stake in American Water Works (NYSE:AWK) by 0.9% in Q4 to 2,639,521 shares, valued at $344,462,000, representing about a 1.35% ownership position.
• Institutional ownership is high at 86.58%, led by large holders such as Vanguard (26.23M shares, ~$3.65B) and State Street (11.55M), while UBS boosted its position by 383% and Impax added 38% in recent quarters.
• Analysts carry a consensus Hold rating with a $141.20 target; AWK trades near $132.59 (52‑week range $121.28–$150.51), and the company set FY2026 EPS guidance of 6.02–6.12 after a slight quarterly EPS miss.

Pictet Asset Management Holding SA raised its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,639,521 shares of the utilities provider's stock after buying an additional 22,827 shares during the quarter. Pictet Asset Management Holding SA owned about 1.35% of American Water Works worth $344,462,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AWK. Vanguard Group Inc. lifted its position in American Water Works by 2.3% during the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider's stock valued at $3,650,543,000 after acquiring an additional 597,916 shares during the last quarter. State Street Corp grew its holdings in American Water Works by 1.1% in the third quarter. State Street Corp now owns 11,551,733 shares of the utilities provider's stock worth $1,607,886,000 after purchasing an additional 120,870 shares during the last quarter. Bank of America Corp DE grew its holdings in American Water Works by 3.7% in the third quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider's stock worth $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 increased its position in shares of American Water Works by 383.0% during the third 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 worth $361,355,000 after purchasing an additional 2,058,656 shares in the last quarter. Finally, Impax Asset Management Group plc increased its position in shares of American Water Works by 38.0% during the fourth quarter. Impax Asset Management Group plc now owns 2,386,873 shares of the utilities provider's stock worth $311,487,000 after purchasing an additional 657,849 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AWK. Wells Fargo & Company set a $131.00 target price on American Water Works in a research note on Tuesday, April 21st. Truist Financial started coverage on American Water Works in a research report on Tuesday, April 21st. They set a "hold" rating and a $137.00 target price on the stock. Bank of America upgraded American Water Works from an "underperform" rating to a "neutral" rating and increased their price target for the company from $117.00 to $139.00 in a research note on Monday, January 12th. Weiss Ratings restated a "hold (c)" rating on shares of American Water Works in a report on Friday, March 27th. Finally, Barclays lifted their target price on shares of American Water Works from $122.00 to $124.00 and gave the stock an "underweight" rating in a research note on Monday, April 20th. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, American Water Works presently has a consensus rating of "Hold" and a consensus target price of $141.20.

American Water Works Price Performance

Shares of NYSE:AWK opened at $132.59 on Monday. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month high of $150.51. The company's 50 day moving average is $135.14 and its 200 day moving average is $132.83. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18. The company has a market cap of $25.89 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 2.92 and a beta of 0.74.

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

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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