Dearborn Partners LLC Sells 36,797 Shares of American Water Works Company, Inc. $AWK

Dearborn Partners LLC trimmed its holdings in American Water Works Company, Inc. (NYSE:AWK) by 20.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 142,142 shares of the utilities provider’s stock after selling 36,797 shares during the period. Dearborn Partners LLC owned about 0.07% of American Water Works worth $18,550,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of American Water Works by 2.3% in the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock valued at $3,650,543,000 after purchasing an additional 597,916 shares during the last quarter. State Street Corp raised its holdings in shares of American Water Works by 1.1% in the third quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock valued at $1,607,886,000 after purchasing an additional 120,870 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of American Water Works by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider’s stock valued at $655,025,000 after purchasing an additional 33,359 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of American Water Works by 3.7% in the third quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider’s stock valued at $386,882,000 after purchasing an additional 98,042 shares during the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in shares of American Water Works by 0.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,639,521 shares of the utilities provider’s stock valued at $344,462,000 after purchasing an additional 22,827 shares during the last quarter. 86.58% of the stock is owned by institutional investors.

American Water Works Stock Performance

NYSE AWK opened at $124.63 on Friday. American Water Works Company, Inc. has a 52-week low of $120.57 and a 52-week high of $147.87. The company has a 50-day simple moving average of $129.73 and a 200 day simple moving average of $130.83. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37. The company has a market capitalization of $24.34 billion, a PE ratio of 22.10, a price-to-earnings-growth ratio of 2.70 and a beta of 0.62.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.09). American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter last year, the business posted $1.05 EPS. The business’s quarterly revenue was up 5.7% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 12th were issued a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a yield of 2.9%. This is a boost from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date was Tuesday, May 12th. American Water Works’s dividend payout ratio is 63.48%.

Analyst Ratings Changes

AWK has been the subject of several analyst reports. Wall Street Zen upgraded shares of American Water Works from a “strong sell” rating to a “sell” rating in a report on Sunday, April 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. UBS Group upgraded shares of American Water Works from a “neutral” rating to a “buy” rating and increased their target price for the company from $137.00 to $140.00 in a report on Friday, May 29th. Barclays increased their target price on shares of American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a report on Monday, April 20th. Finally, Bank of America lowered their target price on shares of American Water Works from $147.00 to $134.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, American Water Works presently has a consensus rating of “Hold” and a consensus target price of $138.11.

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.