Rep. Jefferson Shreve Buys American Water Works Company, Inc. (NYSE:AWK) Stock

Representative Jefferson Shreve (R-Indiana) recently bought shares of American Water Works Company, Inc. NYSE: AWK. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in American Water Works stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

American Water Works Stock Performance

AWK traded up $1.41 during trading on Friday, hitting $146.81. The stock had a trading volume of 724,564 shares, compared to its average volume of 1,197,582. American Water Works Company, Inc. has a twelve month low of $118.74 and a twelve month high of $155.50. The firm has a market capitalization of $28.63 billion, a P/E ratio of 27.24, a PEG ratio of 2.80 and a beta of 0.73. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39. The company's 50-day moving average price is $144.76 and its 200 day moving average price is $135.03.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $1.05 earnings per share for the quarter, missing analysts' consensus estimates of $1.06 by ($0.01). The business had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.09 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. American Water Works's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.95 EPS. On average, equities research analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Tuesday, May 13th will be given a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a yield of 2.25%. This is a positive change from American Water Works's previous quarterly dividend of $0.77. The ex-dividend date of this dividend is Tuesday, May 13th. American Water Works's dividend payout ratio (DPR) is 60.29%.

Institutional Trading of American Water Works

A number of large investors have recently made changes to their positions in AWK. Crews Bank & Trust purchased a new position in shares of American Water Works during the fourth quarter valued at approximately $26,000. Providence First Trust Co acquired a new position in American Water Works in the 4th quarter valued at $27,000. Whipplewood Advisors LLC purchased a new position in shares of American Water Works during the 4th quarter worth $28,000. Cloud Capital Management LLC acquired a new stake in shares of American Water Works during the first quarter worth $29,000. Finally, Capital A Wealth Management LLC acquired a new stake in American Water Works in the 4th quarter worth about $33,000. Institutional investors and hedge funds own 86.58% of the company's stock.

Wall Street Analyst Weigh In

AWK has been the topic of a number of recent analyst reports. Wells Fargo & Company upped their price target on shares of American Water Works from $142.00 to $147.00 and gave the stock an "equal weight" rating in a research note on Friday, May 2nd. Evercore ISI upped their target price on shares of American Water Works from $139.00 to $148.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. UBS Group cut American Water Works from a "strong-buy" rating to a "hold" rating in a report on Friday, April 25th. JPMorgan Chase & Co. reduced their price objective on American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Finally, StockNews.com downgraded American Water Works from a "hold" rating to a "sell" rating in a research report on Monday, May 5th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $143.22.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.

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