American Water Works Company, Inc. $AWK Shares Acquired by Perigon Wealth Management LLC

Perigon Wealth Management LLC grew its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 245.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,216 shares of the utilities provider’s stock after acquiring an additional 5,127 shares during the quarter. Perigon Wealth Management LLC’s holdings in American Water Works were worth $942,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. American National Bank & Trust bought a new stake in shares of American Water Works during the third quarter valued at about $26,000. Grey Fox Wealth Advisors LLC bought a new position in American Water Works in the 3rd quarter valued at about $27,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in American Water Works during the 3rd quarter valued at about $28,000. Cloud Capital Management LLC acquired a new position in American Water Works during the 3rd quarter valued at about $29,000. Finally, Westfuller Advisors LLC bought a new stake in shares of American Water Works during the 3rd quarter worth about $33,000. Institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AWK. UBS Group set a $149.00 price target on shares of American Water Works in a research note on Wednesday, December 17th. Wells Fargo & Company dropped their target price on American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. Barclays cut their target price on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company 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 Friday, March 27th. Finally, Bank of America upgraded American Water Works from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $117.00 to $139.00 in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $140.89.

American Water Works Stock Performance

NYSE:AWK opened at $137.95 on Tuesday. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month high of $150.51. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18. The company has a 50-day moving average of $133.22 and a 200-day moving average of $133.19. The firm has a market cap of $26.94 billion, a price-to-earnings ratio of 24.24, a price-to-earnings-growth ratio of 3.22 and a beta of 0.74.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, February 18th. The utilities provider reported $1.24 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 during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the firm earned $1.15 earnings per share. 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. Analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

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.