89,931 Shares in American Water Works Company, Inc. $AWK Acquired by Yaupon Capital Management LP

Key Points

• Yaupon Capital Management LP invested approximately $13.27 million in American Water Works Company, acquiring 89,931 shares during the first quarter of the year.
• American Water Works announced a quarterly dividend of $0.8275 per share, reflecting an annualized payout of $3.31 and a dividend yield of 2.4%.
• Wall Street analysts have varied views on American Water Works, with recent price targets ranging from $128.00 to $160.00 and a consensus rating of "Reduce".

Yaupon Capital Management LP purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 89,931 shares of the utilities provider's stock, valued at approximately $13,267,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. WPG Advisers LLC bought a new position in shares of American Water Works during the 1st quarter worth $29,000. Cloud Capital Management LLC purchased a new stake in shares of American Water Works during the 1st quarter worth $29,000. Capital A Wealth Management LLC purchased a new stake in shares of American Water Works during the 4th quarter worth $33,000. Wayfinding Financial LLC purchased a new stake in shares of American Water Works during the 1st quarter worth $48,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of American Water Works during the 1st quarter worth $55,000. Institutional investors own 86.58% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company decreased their price objective on American Water Works from $147.00 to $141.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Barclays decreased their price objective on American Water Works from $138.00 to $128.00 and set an "underweight" rating for the company in a research note on Thursday, July 10th. Mizuho increased their price target on American Water Works from $148.00 to $149.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. UBS Group decreased their price target on American Water Works from $156.00 to $151.00 and set a "neutral" rating for the company in a research note on Tuesday, August 12th. Finally, Argus increased their price target on American Water Works from $155.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, August 14th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, American Water Works currently has an average rating of "Reduce" and an average price target of $143.30.

American Water Works Stock Performance

American Water Works stock traded down $0.46 during midday trading on Friday, hitting $139.17. 994,551 shares of the company were exchanged, compared to its average volume of 999,133. The firm has a market capitalization of $27.15 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 3.31 and a beta of 0.69. American Water Works Company, Inc. has a fifty-two week low of $118.74 and a fifty-two week high of $155.50. The business has a fifty day simple moving average of $142.51 and a two-hundred day simple moving average of $142.63. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.35.

American Water Works (NYSE:AWK - Get Free Report) last posted its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.05). The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. American Water Works had a return on equity of 10.34% and a net margin of 21.91%.The firm's revenue was up 11.1% on a year-over-year basis. During the same period last year, the business earned $1.42 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. On average, sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 12th were issued a $0.8275 dividend. This represents a $3.31 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, August 12th. American Water Works's dividend payout ratio (DPR) is presently 59.64%.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.