Park Avenue Securities LLC Lowers Position in American Water Works Company, Inc. $AWK

Park Avenue Securities LLC cut its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 52.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,190 shares of the utilities provider’s stock after selling 4,673 shares during the period. Park Avenue Securities LLC’s holdings in American Water Works were worth $547,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. American National Bank & Trust acquired a new position in American Water Works in the 3rd quarter valued at about $26,000. Grey Fox Wealth Advisors LLC acquired a new position in American Water Works during the 3rd quarter worth approximately $27,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of American Water Works in the 3rd quarter valued at $28,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of American Water Works during the 2nd quarter worth $29,000. Finally, Cloud Capital Management LLC acquired a new position in shares of American Water Works during the 3rd quarter worth about $29,000. 86.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AWK. Wells Fargo & Company lowered 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 report on Tuesday, January 20th. UBS Group set a $149.00 price objective on 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 lifted their target price for the company from $117.00 to $139.00 in a report on Monday, January 12th. Barclays decreased their price target on American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research note on Wednesday, December 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $140.89.

American Water Works Price Performance

American Water Works stock opened at $136.95 on Friday. The company has a market cap of $26.74 billion, a price-to-earnings ratio of 24.07, a PEG ratio of 3.19 and a beta of 0.77. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46. The firm has a 50 day moving average price of $132.47 and a 200 day moving average price of $133.22. American Water Works Company, Inc. has a 1 year low of $121.28 and a 1 year high of $155.50.

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

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.