Griffith & Werner Inc. Invests $664,000 in American Water Works Company, Inc. $AWK

Griffith & Werner Inc. acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,151 shares of the utilities provider’s stock, valued at approximately $664,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. American National Bank & Trust acquired a new stake in shares of American Water Works during the 3rd quarter worth about $26,000. Grey Fox Wealth Advisors LLC purchased a new stake in American Water Works during the third quarter worth approximately $27,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in American Water Works in the third quarter valued at approximately $28,000. Elevation Point Wealth Partners LLC purchased a new position in American Water Works in the second quarter valued at approximately $29,000. Finally, Cloud Capital Management LLC acquired a new stake in American Water Works during the third quarter worth approximately $29,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AWK shares. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. Barclays cut their price target on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research note on Wednesday, December 17th. Wells Fargo & Company decreased their price objective on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group upgraded American Water Works from an “underperform” rating to a “hold” rating and lifted their target price for the stock from $114.00 to $124.00 in a research report on Wednesday, November 5th. Finally, UBS Group set a $149.00 target price on American Water Works in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, American Water Works currently has an average rating of “Hold” and a consensus target price of $140.89.

American Water Works Stock Up 0.5%

AWK opened at $136.07 on Wednesday. American Water Works Company, Inc. has a 52 week low of $121.28 and a 52 week high of $155.50. The business has a 50 day moving average price of $130.24 and a two-hundred day moving average price of $133.99. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 1.18. The company has a market cap of $26.56 billion, a PE ratio of 23.91, a P/E/G ratio of 3.16 and a beta of 0.77.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.04). The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.29 billion. American Water Works had a return on equity of 10.38% and a net margin of 21.61%.American Water Works’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.15 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, research analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 10th were given a dividend of $0.8275 per share. The ex-dividend date was Tuesday, February 10th. This represents a $3.31 annualized dividend and a yield of 2.4%. American Water Works’s payout ratio is presently 58.17%.

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.