American Water Works Company, Inc. $AWK Shares Purchased by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System lifted its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 2.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 190,317 shares of the utilities provider’s stock after purchasing an additional 5,109 shares during the quarter. Maryland State Retirement & Pension System owned about 0.10% of American Water Works worth $26,490,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Fulcrum Capital LLC lifted its position in shares of American Water Works by 8.3% during the third quarter. Fulcrum Capital LLC now owns 7,346 shares of the utilities provider’s stock worth $1,022,000 after purchasing an additional 562 shares in the last quarter. Confluence Wealth Services Inc. acquired a new position in shares of American Water Works in the third quarter worth about $456,000. ASR Vermogensbeheer N.V. boosted its holdings in American Water Works by 3.4% in the third quarter. ASR Vermogensbeheer N.V. now owns 489,588 shares of the utilities provider’s stock valued at $68,143,000 after purchasing an additional 16,194 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in American Water Works during the 3rd quarter valued at approximately $1,103,000. Finally, Wilmington Savings Fund Society FSB increased its holdings in American Water Works by 2.2% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 54,125 shares of the utilities provider’s stock worth $7,534,000 after purchasing an additional 1,175 shares during the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Trading Up 0.1%

American Water Works stock opened at $133.47 on Friday. The firm has a 50-day moving average price of $130.50 and a two-hundred day moving average price of $136.75. American Water Works Company, Inc. has a 52-week low of $120.63 and a 52-week high of $155.50. The firm has a market capitalization of $26.05 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 3.10 and a beta of 0.76. The company has a quick ratio of 0.39, a current ratio of 0.42 and a debt-to-equity ratio of 1.19.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.04. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm posted $1.80 earnings per share. The business’s revenue was up 9.7% on a year-over-year basis. 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. Sell-side analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 10th will be paid a dividend of $0.8275 per share. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $3.31 annualized dividend and a yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is presently 58.17%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AWK. UBS Group set a $149.00 price target on shares of American Water Works in a research report on Wednesday, December 17th. Wells Fargo & Company began coverage on shares of American Water Works in a report on Monday, October 27th. They set an “equal weight” rating and a $142.00 price objective for the company. Mizuho set a $145.00 target price on shares of American Water Works in a research note on Tuesday, October 28th. Jefferies Financial Group raised American Water Works from an “underperform” rating to a “hold” rating and boosted their price objective for the company from $114.00 to $124.00 in a report on Wednesday, November 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $141.20.

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.