American Water Works Company, Inc. $AWK Shares Purchased by Boston Common Asset Management LLC

Boston Common Asset Management LLC raised its stake in American Water Works Company, Inc. (NYSE:AWK) by 4.2% during the 1st quarter, HoldingsChannel reports. The firm owned 127,660 shares of the utilities provider’s stock after acquiring an additional 5,185 shares during the quarter. American Water Works accounts for about 1.1% of Boston Common Asset Management LLC’s portfolio, making the stock its 24th largest position. Boston Common Asset Management LLC’s holdings in American Water Works were worth $17,373,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Salomon & Ludwin LLC boosted its position in shares of American Water Works by 71.7% in the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after buying an additional 81 shares during the period. Reflection Asset Management purchased a new stake in shares of American Water Works during the 4th quarter valued at about $25,000. Transamerica Financial Advisors LLC raised its holdings in shares of American Water Works by 82.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after buying an additional 90 shares during the period. Nemes Rush Group LLC purchased a new stake in shares of American Water Works during the 4th quarter valued at about $27,000. Finally, Ascentis Independent Advisors acquired a new position in American Water Works during the 1st quarter worth approximately $27,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Price Performance

Shares of AWK opened at $135.08 on Monday. The firm has a market cap of $26.38 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 2.73 and a beta of 0.61. The stock has a 50 day moving average of $127.56 and a 200-day moving average of $130.64. The company has a current ratio of 0.37, a quick ratio of 0.34 and a debt-to-equity ratio of 1.16. American Water Works Company, Inc. has a 52 week low of $120.57 and a 52 week high of $147.87.

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

American Water Works Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.895 per share. The ex-dividend date was Tuesday, May 12th. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. This represents a $3.58 annualized dividend and a yield of 2.7%. American Water Works’s payout ratio is presently 63.48%.

Wall Street Analysts Forecast Growth

AWK has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a research note on Tuesday, April 21st. JPMorgan Chase & Co. boosted their target price on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Saturday. Finally, Barclays raised their price target on shares of American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $140.60.

American Water Works 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.