American Water Works Company, Inc. $AWK Shares Sold by IFM Investors Pty Ltd

IFM Investors Pty Ltd trimmed its stake in American Water Works Company, Inc. (NYSE:AWK) by 9.4% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 63,312 shares of the utilities provider’s stock after selling 6,548 shares during the quarter. IFM Investors Pty Ltd’s holdings in American Water Works were worth $8,616,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Salomon & Ludwin LLC grew its position in American Water Works by 71.7% in the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 81 shares during the last quarter. Reflection Asset Management acquired a new position in shares of American Water Works during the fourth quarter worth approximately $25,000. Transamerica Financial Advisors LLC boosted its position in shares of American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after buying an additional 90 shares during the period. Nemes Rush Group LLC bought a new position in American Water Works in the 4th quarter worth approximately $27,000. Finally, MV Capital Management Inc. bought a new position in American Water Works in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Price Performance

NYSE AWK opened at $136.56 on Friday. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $147.87. The business’s fifty day moving average is $126.91 and its two-hundred day moving average is $130.57. The stock has a market capitalization of $26.67 billion, a P/E ratio of 24.21, a P/E/G ratio of 2.86 and a beta of 0.61. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.09). The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.17 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The business’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.05 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts forecast that American Water Works Company, Inc. will post 6.08 earnings per share for the current fiscal year.

American Water Works Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 12th were issued a dividend of $0.895 per share. This is an increase from American Water Works’s previous quarterly dividend of $0.83. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Tuesday, May 12th. American Water Works’s dividend payout ratio (DPR) is presently 63.48%.

Analysts Set New Price Targets

AWK has been the topic of several recent analyst reports. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 26th. UBS Group raised their price target on American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a research note on Tuesday, April 21st. Barclays upped their price objective on shares of American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a report on Monday, April 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $139.22.

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.