Thurston Springer Miller Herd & Titak Inc. Has $186,000 Stock Position in American Water Works Company, Inc. $AWK

Thurston Springer Miller Herd & Titak Inc. decreased its position in American Water Works Company, Inc. (NYSE:AWK) by 90.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,340 shares of the utilities provider’s stock after selling 12,595 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in American Water Works were worth $186,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AWK. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of American Water Works during the second quarter worth approximately $28,000. Concord Wealth Partners acquired a new position in American Water Works in the second quarter valued at about $28,000. WPG Advisers LLC acquired a new position in shares of American Water Works in the 1st quarter valued at $29,000. Elevation Point Wealth Partners LLC bought a new stake in shares of American Water Works in the second quarter worth about $29,000. Finally, Flaharty Asset Management LLC acquired a new stake in American Water Works during the 1st quarter worth approximately $30,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on AWK shares. Mizuho set a $145.00 price objective on shares of American Water Works in a research report on Tuesday, October 28th. UBS Group restated a “positive” rating on shares of American Water Works in a research note on Wednesday. Wells Fargo & Company initiated coverage on shares of American Water Works in a research note on Monday, October 27th. They set an “equal weight” rating and a $142.00 target price for the company. Barclays set a $122.00 target price on American Water Works and gave the stock an “underweight” rating in a research note on Wednesday. Finally, Cowen began coverage on shares of American Water Works in a research report on Wednesday, October 15th. They set a “hold” rating on the stock. Two 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 MarketBeat, American Water Works has a consensus rating of “Hold” and an average price target of $141.67.

American Water Works Stock Down 1.1%

Shares of AWK opened at $132.67 on Wednesday. The firm has a 50 day simple moving average of $133.51 and a two-hundred day simple moving average of $138.34. The company has a market cap of $25.89 billion, a P/E ratio of 23.32, a P/E/G ratio of 3.45 and a beta of 0.76. American Water Works Company, Inc. has a one year low of $118.74 and a one year high of $155.50. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.42 and a quick ratio of 0.39.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.04. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.36 billion. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.American Water Works’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm posted $1.80 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. Research analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 10th will be issued a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, February 10th. American Water Works’s payout ratio is 58.17%.

American Water Works Company Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.