Meiji Yasuda Life Insurance Co Has $950,000 Stake in American Water Works Company, Inc. $AWK

Meiji Yasuda Life Insurance Co cut its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 42.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,825 shares of the utilities provider’s stock after selling 4,989 shares during the quarter. Meiji Yasuda Life Insurance Co’s holdings in American Water Works were worth $950,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. American National Bank & Trust acquired a new stake in American Water Works during the 3rd quarter valued at approximately $26,000. Grey Fox Wealth Advisors LLC acquired a new stake in American Water Works during the third quarter worth approximately $27,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in American Water Works in the third quarter worth approximately $28,000. Elevation Point Wealth Partners LLC acquired a new position in American Water Works in the second quarter valued at approximately $29,000. Finally, Cloud Capital Management LLC bought a new position in shares of American Water Works during the 3rd quarter worth approximately $29,000. Institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

AWK stock opened at $137.70 on Monday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46. The business has a 50-day simple moving average of $130.58 and a two-hundred day simple moving average of $133.82. The company has a market capitalization of $26.88 billion, a P/E ratio of 24.20, a price-to-earnings-growth ratio of 3.21 and a beta of 0.77. American Water Works Company, Inc. has a 52-week low of $121.28 and a 52-week high of $155.50.

American Water Works (NYSE:AWK) last issued its quarterly earnings data 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 during 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%.The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the company earned $1.15 earnings per share. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

Analysts Set New Price Targets

AWK has been the topic of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. Wells Fargo & Company decreased their price target 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. UBS Group set a $149.00 price objective on shares of American Water Works in a research report on Wednesday, December 17th. Bank of America upgraded American Water Works from an “underperform” rating to a “neutral” rating and raised their target price for the company from $117.00 to $139.00 in a research note on Monday, January 12th. Finally, Barclays decreased their target price on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research report on Wednesday, December 17th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $140.89.

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.