Davis R M Inc. Has $43.06 Million Stock Holdings in American Water Works Company, Inc. $AWK

Davis R M Inc. decreased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 2.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 309,331 shares of the utilities provider’s stock after selling 7,777 shares during the quarter. Davis R M Inc.’s holdings in American Water Works were worth $43,056,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of American Water Works by 2.3% during the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock worth $3,650,543,000 after purchasing an additional 597,916 shares in the last quarter. State Street Corp raised its stake in American Water Works by 2.6% during the 2nd quarter. State Street Corp now owns 11,430,863 shares of the utilities provider’s stock worth $1,590,147,000 after buying an additional 286,053 shares during the period. Geode Capital Management LLC raised its stake in American Water Works by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 4,949,996 shares of the utilities provider’s stock worth $685,662,000 after buying an additional 103,595 shares during the period. Amundi lifted its holdings in American Water Works by 4.8% during the second quarter. Amundi now owns 3,926,541 shares of the utilities provider’s stock worth $559,951,000 after acquiring an additional 179,127 shares in the last quarter. Finally, Invesco Ltd. grew its stake in American Water Works by 16.8% in the second quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock valued at $478,817,000 after acquiring an additional 494,868 shares during the period. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Barclays dropped their price target on American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research report on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. UBS Group set a $149.00 price objective on shares of American Water Works in a research report on Wednesday, December 17th. Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $117.00 to $139.00 in a research report on Monday, January 12th. Finally, Wells Fargo & Company reduced their target price on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $140.89.

American Water Works Stock Performance

Shares of AWK opened at $135.84 on Monday. The stock has a market capitalization of $26.52 billion, a price-to-earnings ratio of 23.87, a PEG ratio of 3.17 and a beta of 0.77. American Water Works Company, Inc. has a 12 month low of $121.28 and a 12 month high of $155.50. The firm has a fifty day simple moving average of $130.06 and a 200 day simple moving average of $134.10. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.04). American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm posted $1.15 earnings per share. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 10th will be paid a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, February 10th. American Water Works’s dividend payout ratio (DPR) is currently 58.17%.

About American Water Works

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.