Sandro Wealth Management LLC Acquires Shares of 9,476 American Water Works Company, Inc. $AWK

Key Points

• Sandro Wealth Management acquired 9,476 shares of American Water Works in the second quarter, valued at approximately $1.25 million. Institutional investors collectively own 86.58% of the company.
• American Water Works exceeded quarterly expectations, reporting $1.61 in EPS and $1.35 billion in revenue, with revenue rising 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 an annualized $3.58 dividend and a 2.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $138.78.

Sandro Wealth Management LLC purchased a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 9,476 shares of the utilities provider's stock, valued at approximately $1,247,000.

Several other hedge funds have also bought and sold shares of AWK. Versant Capital Management Inc grew its holdings in shares of American Water Works by 6.6% during the second quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider's stock valued at $158,000 after buying an additional 74 shares during the last quarter. Salomon & Ludwin LLC boosted its position in shares of American Water Works by 71.7% during the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider's stock valued at $25,000 after buying an additional 81 shares during the last quarter. Faithward Advisors LLC increased its holdings in American Water Works by 5.4% in the 3rd quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider's stock worth $223,000 after buying an additional 82 shares in the last quarter. Cresset Asset Management LLC lifted its stake in American Water Works by 1.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider's stock valued at $816,000 after acquiring an additional 85 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its holdings in shares of American Water Works by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 5,121 shares of the utilities provider's stock valued at $668,000 after acquiring an additional 87 shares during the last quarter. Institutional investors own 86.58% of the company's stock.

American Water Works Price Performance

Shares of NYSE:AWK opened at $136.25 on Friday. The company has a market capitalization of $27.08 billion, a P/E ratio of 23.61, a P/E/G ratio of 2.75 and a beta of 0.60. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $147.87. The firm's 50 day simple moving average is $131.81 and its two-hundred day simple moving average is $131.25. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.53 by $0.08. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The company's revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts expect that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Bank of America restated a "neutral" rating on shares of American Water Works in a report on Thursday, July 16th. UBS Group lifted their price objective on American Water Works from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 2nd. Wall Street Zen raised American Water Works from a "strong sell" rating to a "sell" rating in a report on Monday, August 3rd. Barclays boosted their price target on American Water Works from $124.00 to $130.00 and gave the company an "underweight" rating in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. increased their price objective on shares of American Water Works from $138.00 to $147.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating, eight have issued 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 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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