Genus Capital Management Inc. Sells 4,390 Shares of American Water Works Company, Inc. $AWK

Genus Capital Management Inc. reduced its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 26.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 12,300 shares of the utilities provider’s stock after selling 4,390 shares during the period. Genus Capital Management Inc.’s holdings in American Water Works were worth $1,605,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AWK. Salomon & Ludwin LLC lifted its stake in shares of American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 81 shares during the last quarter. Cloud Capital Management LLC bought a new stake in shares of American Water Works during the 3rd quarter worth approximately $29,000. Westfuller Advisors LLC bought a new stake in shares of American Water Works during the 3rd quarter worth approximately $33,000. Midwest Capital Advisors LLC bought a new stake in shares of American Water Works during the 4th quarter worth approximately $39,000. Finally, Atlantic Union Bankshares Corp lifted its stake in shares of American Water Works by 803.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 289 shares of the utilities provider’s stock worth $40,000 after acquiring an additional 257 shares during the last quarter. 86.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AWK. Barclays raised their price target on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research note on Monday, April 20th. Bank of America decreased their target price on American Water Works from $147.00 to $134.00 and set a “neutral” rating for the company in a research report on Thursday. UBS Group decreased their target price on American Water Works from $149.00 to $137.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Wells Fargo & Company set a $131.00 target price on American Water Works in a research report on Tuesday, April 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. 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 company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $138.56.

American Water Works Trading Up 0.1%

Shares of NYSE AWK opened at $125.31 on Monday. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16. The business has a fifty day simple moving average of $132.44 and a two-hundred day simple moving average of $131.30. The firm has a market cap of $24.47 billion, a PE ratio of 22.22, a price-to-earnings-growth ratio of 2.72 and a beta of 0.64. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month high of $147.87.

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

American Water Works Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 12th will be given a $0.895 dividend. This represents a $3.58 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, May 12th. This is a positive change from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio is presently 63.48%.

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.