Van ECK Associates Corp Has $11.72 Million Holdings in American Water Works Company, Inc. $AWK

Key Points

• Van ECK Associates increased its American Water Works stake by 9.8% in the second quarter, bringing its holdings to 89,112 shares valued at approximately $11.72 million. Institutional investors collectively own 86.58% of AWK.
• American Water Works exceeded quarterly earnings expectations, reporting $1.61 in EPS and $1.35 billion in revenue, with revenue up 6.2% year over year. The company provided fiscal 2026 EPS guidance of $6.02–$6.12.
• The utility announced a quarterly dividend of $0.895 per share, equivalent to a $3.58 annualized payout and a 2.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $138.78, close to the stock’s reported $138.50 price.

Van ECK Associates Corp raised its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 9.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,112 shares of the utilities provider's stock after purchasing an additional 7,990 shares during the period. Van ECK Associates Corp's holdings in American Water Works were worth $11,725,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in AWK. Reflection Asset Management acquired a new position in American Water Works in the fourth quarter worth approximately $25,000. Ascentis Independent Advisors bought a new position in American Water Works during the first quarter valued at approximately $27,000. Transamerica Financial Advisors LLC lifted its stake in American Water Works by 82.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 90 shares during the last quarter. Nemes Rush Group LLC acquired a new stake in American Water Works in the fourth quarter valued at approximately $27,000. Finally, Harborfront Financial Group LLC bought a new stake in American Water Works in the second quarter worth approximately $29,000. Institutional investors own 86.58% of the company's stock.

American Water Works Stock Up 0.1%

Shares of American Water Works stock opened at $138.50 on Tuesday. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $145.64. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. The stock has a 50 day moving average price of $134.40 and a two-hundred day moving average price of $132.10. The stock has a market capitalization of $27.52 billion, a P/E ratio of 24.00, a PEG ratio of 2.82 and a beta of 0.60.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter last year, the firm posted $1.48 earnings per share. The company'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. Equities analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Dividend Announcement

The company also recently announced 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. This represents a $3.58 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works's dividend payout ratio (DPR) is 62.05%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AWK. UBS Group increased their price target on shares of American Water Works from $140.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday, July 2nd. Wall Street Zen raised shares of American Water Works from a "strong sell" rating to a "sell" rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. upped their price objective 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. Bank of America reissued a "neutral" rating on shares of American Water Works in a research report on Thursday, July 16th. Finally, Truist Financial set a $139.00 target price on American Water Works in a report on Tuesday, August 4th. One equities research 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's stock. According to data from MarketBeat.com, the company presently 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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