ASR Vermogensbeheer N.V. Acquires 16,194 Shares of American Water Works Company, Inc. $AWK

ASR Vermogensbeheer N.V. boosted its stake in American Water Works Company, Inc. (NYSE:AWK) by 3.4% in the third quarter, HoldingsChannel reports. The firm owned 489,588 shares of the utilities provider’s stock after buying an additional 16,194 shares during the period. American Water Works makes up about 0.8% of ASR Vermogensbeheer N.V.’s portfolio, making the stock its 17th largest position. ASR Vermogensbeheer N.V.’s holdings in American Water Works were worth $68,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Empowered Funds LLC boosted its holdings in American Water Works by 11.5% in the first quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock worth $872,000 after acquiring an additional 609 shares in the last quarter. Woodline Partners LP increased its holdings in shares of American Water Works by 40.7% during the first quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock valued at $2,429,000 after acquiring an additional 4,762 shares in the last quarter. Parallel Advisors LLC raised its position in shares of American Water Works by 19.4% during the second quarter. Parallel Advisors LLC now owns 5,610 shares of the utilities provider’s stock worth $780,000 after purchasing an additional 911 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of American Water Works by 8.9% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,167 shares of the utilities provider’s stock worth $162,000 after purchasing an additional 95 shares in the last quarter. Finally, Aaron Wealth Advisors LLC grew its position in American Water Works by 23.3% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 2,820 shares of the utilities provider’s stock valued at $392,000 after purchasing an additional 532 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on AWK shares. Wells Fargo & Company began coverage on shares of American Water Works in a report on Monday, October 27th. They set an “equal weight” rating and a $142.00 price objective on the stock. Cowen began coverage on shares of American Water Works in a report on Wednesday, October 15th. They issued a “hold” rating on the stock. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Monday, December 29th. Jefferies Financial Group raised American Water Works from an “underperform” rating to a “hold” rating and lifted their target price for the company from $114.00 to $124.00 in a research report on Wednesday, November 5th. Finally, Bank of America upgraded American Water Works from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $117.00 to $139.00 in a research note on Monday, January 12th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, American Water Works has a consensus rating of “Hold” and a consensus target price of $141.20.

American Water Works Trading Up 0.1%

Shares of AWK stock opened at $133.47 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.42 and a debt-to-equity ratio of 1.19. The firm has a market cap of $26.05 billion, a P/E ratio of 23.46, a PEG ratio of 3.10 and a beta of 0.76. The company has a 50 day moving average of $130.50 and a 200-day moving average of $136.79. American Water Works Company, Inc. has a 12-month low of $120.63 and a 12-month high of $155.50.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share 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 analyst estimates of $1.36 billion. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.80 EPS. 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. Sell-side analysts anticipate 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 declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 10th will be paid a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, February 10th. American Water Works’s dividend payout ratio is presently 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.