American Water Works Company, Inc. $AWK Holdings Decreased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lowered its stake in American Water Works Company, Inc. (NYSE:AWK) by 86.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 828 shares of the utilities provider’s stock after selling 5,302 shares during the quarter. Geneos Wealth Management Inc.’s holdings in American Water Works were worth $115,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. American National Bank & Trust bought a new stake in shares of American Water Works during the 3rd quarter worth about $26,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of American Water Works during the second quarter valued at approximately $28,000. Concord Wealth Partners bought a new stake in American Water Works during the second quarter worth approximately $28,000. Elevation Point Wealth Partners LLC acquired a new stake in American Water Works in the second quarter worth approximately $29,000. Finally, GoalVest Advisory LLC boosted its stake 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 valued at $36,000 after purchasing an additional 257 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Ratings Changes

AWK has been the topic of several research analyst reports. Cowen began coverage on American Water Works in a research report on Wednesday, October 15th. They set a “hold” rating on the stock. Wells Fargo & Company started coverage on shares of American Water Works in a research report on Monday, October 27th. They issued an “equal weight” rating and a $142.00 price target on the stock. TD Cowen began coverage on shares of American Water Works in a research report on Thursday, October 16th. They set a “hold” rating and a $155.00 price objective for the company. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $117.00 to $139.00 in a report on Monday. Finally, Jefferies Financial Group raised shares of American Water Works from an “underperform” rating to a “hold” rating and increased their target price for the company from $114.00 to $124.00 in a research note on Wednesday, November 5th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, American Water Works currently has a consensus rating of “Hold” and an average price target of $141.20.

American Water Works Trading Up 1.8%

Shares of AWK opened at $130.22 on Tuesday. The business’s 50-day moving average price is $130.29 and its 200 day moving average price is $136.93. The company has a current ratio of 0.42, a quick ratio of 0.39 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $25.42 billion, a P/E ratio of 22.89, a P/E/G ratio of 3.10 and a beta of 0.76. American Water Works Company, Inc. has a 1-year low of $118.74 and a 1-year high of $155.50.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, October 29th. The utilities provider reported $1.94 EPS for the quarter, topping the consensus estimate of $1.90 by $0.04. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.36 billion. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the company posted $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. Analysts expect that American Water Works Company, Inc. will post 5.71 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, March 3rd. Shareholders of record on Tuesday, February 10th will be paid a dividend of $0.8275 per share. This represents a $3.31 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, February 10th. American Water Works’s payout ratio is 58.17%.

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.