BSW Wealth Partners Buys Shares of 5,000 American Water Works Company, Inc. $AWK

BSW Wealth Partners purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK) during the third quarter, HoldingsChannel.com reports. The fund purchased 5,000 shares of the utilities provider’s stock, valued at approximately $696,000.

Several other institutional investors have also modified their holdings of AWK. Oliver Lagore Vanvalin Investment Group bought a new stake in American Water Works during the 2nd quarter worth approximately $28,000. Concord Wealth Partners acquired a new position in shares of American Water Works in the second quarter valued at approximately $28,000. WPG Advisers LLC acquired a new position in shares of American Water Works in the first quarter valued at approximately $29,000. Elevation Point Wealth Partners LLC bought a new stake in shares of American Water Works during the second quarter worth $29,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of American Water Works during the first quarter worth $30,000. Institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AWK shares. Cowen assumed coverage on shares of American Water Works in a research note on Wednesday, October 15th. They issued a “hold” rating for the company. Jefferies Financial Group upgraded American Water Works from an “underperform” rating to a “hold” rating and boosted their price target for the company from $114.00 to $124.00 in a report on Wednesday, November 5th. Wells Fargo & Company began coverage on American Water Works in a report on Monday, October 27th. They set an “equal weight” rating and a $142.00 price objective for the company. TD Cowen initiated coverage on American Water Works in a research report on Thursday, October 16th. They issued a “hold” rating and a $155.00 target price on the stock. Finally, Mizuho set a $145.00 price target on American Water Works in a research report on Tuesday, October 28th. One analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $141.44.

American Water Works Stock Performance

AWK opened at $130.66 on Friday. American Water Works Company, Inc. has a 52-week low of $118.74 and a 52-week high of $155.50. The firm has a market capitalization of $25.50 billion, a PE ratio of 22.96, a PEG ratio of 3.38 and a beta of 0.76. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.39 and a current ratio of 0.42. The business’s 50-day simple moving average is $132.10 and its 200 day simple moving average is $137.93.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.36 billion. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.The business’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the company earned $1.80 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 10th will be paid a $0.8275 dividend. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $3.31 annualized dividend and a dividend yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is currently 58.17%.

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.