American Water Works Company, Inc. $AWK Shares Bought by Mattern Capital Management LLC

Mattern Capital Management LLC grew its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,064 shares of the utilities provider’s stock after purchasing an additional 3,901 shares during the period. Mattern Capital Management LLC’s holdings in American Water Works were worth $8,360,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Sava Infond d.o.o. increased its holdings in shares of American Water Works by 19.4% in the 4th quarter. Sava Infond d.o.o. now owns 15,000 shares of the utilities provider’s stock worth $1,958,000 after acquiring an additional 2,435 shares during the period. Diversified Enterprises LLC increased its holdings in shares of American Water Works by 3.6% in the 4th quarter. Diversified Enterprises LLC now owns 2,961 shares of the utilities provider’s stock worth $386,000 after acquiring an additional 103 shares during the period. HB Wealth Management LLC increased its holdings in shares of American Water Works by 9.6% in the 4th quarter. HB Wealth Management LLC now owns 5,291 shares of the utilities provider’s stock worth $690,000 after acquiring an additional 465 shares during the period. Boston Trust Walden Corp increased its holdings in shares of American Water Works by 1.1% in the 4th quarter. Boston Trust Walden Corp now owns 72,796 shares of the utilities provider’s stock worth $9,500,000 after acquiring an additional 780 shares during the period. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of American Water Works in the 4th quarter worth about $212,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AWK. Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $117.00 to $139.00 in a report on Monday, January 12th. Wells Fargo & Company set a $131.00 price objective on shares of American Water Works in a report on Tuesday. Barclays increased 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. Wall Street Zen cut shares of American Water Works from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 18th. Finally, Truist Financial initiated coverage on shares of American Water Works in a research note on Tuesday. They set a “hold” rating and a $137.00 target price on the stock. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $141.20.

American Water Works Stock Performance

NYSE:AWK opened at $132.59 on Friday. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month high of $150.51. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18. The company has a 50-day moving average of $135.14 and a 200-day moving average of $132.95. The firm has a market cap of $25.89 billion, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 2.98 and a beta of 0.74.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.04). American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the business posted $1.15 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

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.