SG Americas Securities LLC Has $4.34 Million Stock Holdings in American Water Works Company, Inc. $AWK

SG Americas Securities LLC lifted its stake in American Water Works Company, Inc. (NYSE:AWK) by 15.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,165 shares of the utilities provider’s stock after purchasing an additional 4,168 shares during the quarter. SG Americas Securities LLC’s holdings in American Water Works were worth $4,338,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. American National Bank & Trust purchased a new stake in American Water Works during the third quarter valued at about $26,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of American Water Works during the second quarter valued at approximately $28,000. Concord Wealth Partners purchased a new stake in shares of American Water Works in the 2nd quarter valued at approximately $28,000. Elevation Point Wealth Partners LLC acquired a new position in American Water Works in the 2nd quarter worth approximately $29,000. Finally, GoalVest Advisory LLC grew its position in American Water Works by 8,566.7% during the 2nd quarter. GoalVest Advisory LLC now owns 260 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 257 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Trading Down 1.0%

Shares of NYSE AWK opened at $127.94 on Monday. American Water Works Company, Inc. has a 1-year low of $118.74 and a 1-year high of $155.50. The company has a 50-day moving average of $130.20 and a two-hundred day moving average of $136.99. The company has a market cap of $24.97 billion, a PE ratio of 22.49, a P/E/G ratio of 3.10 and a beta of 0.76. The company has a current ratio of 0.42, a quick ratio of 0.39 and a debt-to-equity ratio of 1.19.

American Water Works (NYSE:AWK) last issued 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. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the business posted $1.80 earnings per share. American Water Works’s revenue for the quarter was up 9.7% compared to the same quarter last year. 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, equities 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. Stockholders of record on Tuesday, February 10th will be given a dividend of $0.8275 per share. The ex-dividend date is Tuesday, February 10th. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.6%. American Water Works’s payout ratio is presently 58.17%.

Analysts Set New Price Targets

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

American Water Works Company 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.