California Public Employees Retirement System Has $90.72 Million Stock Holdings in American Water Works Company, Inc. $AWK

California Public Employees Retirement System trimmed its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 17.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 651,769 shares of the utilities provider’s stock after selling 139,822 shares during the quarter. California Public Employees Retirement System owned 0.33% of American Water Works worth $90,720,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of AWK. Norges Bank acquired a new stake in American Water Works in the second quarter valued at $344,645,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in American Water Works by 383.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider’s stock worth $361,355,000 after buying an additional 2,058,656 shares during the period. Vanguard Group Inc. grew its position in shares of American Water Works by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock valued at $3,650,543,000 after buying an additional 597,916 shares during the last quarter. Invesco Ltd. grew its position in shares of American Water Works by 16.8% in the 2nd quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock valued at $478,817,000 after buying an additional 494,868 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of American Water Works by 81.8% in the second quarter. Raymond James Financial Inc. now owns 1,043,899 shares of the utilities provider’s stock valued at $145,217,000 after buying an additional 469,641 shares during the period. Institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

AWK opened at $139.20 on Tuesday. American Water Works Company, Inc. has a 1 year low of $121.28 and a 1 year high of $155.50. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.46 and a quick ratio of 0.44. The company has a market capitalization of $27.17 billion, a price-to-earnings ratio of 24.46, a P/E/G ratio of 3.26 and a beta of 0.77. The firm’s fifty day moving average price is $131.41 and its two-hundred day moving average price is $133.50.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, February 18th. The utilities provider reported $1.24 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 firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the prior year, the company earned $1.15 EPS. The business’s revenue for the quarter 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. As a group, analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.