American Water Works Company, Inc. $AWK Shares Bought by Sei Investments Co.

Sei Investments Co. raised its holdings in American Water Works Company, Inc. (NYSE:AWK) by 3.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 644,238 shares of the utilities provider’s stock after acquiring an additional 23,796 shares during the period. Sei Investments Co.’s holdings in American Water Works were worth $87,672,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of AWK. State Street Corp grew its stake in shares of American Water Works by 4.2% during the 4th quarter. State Street Corp now owns 12,037,823 shares of the utilities provider’s stock worth $1,570,936,000 after purchasing an additional 486,090 shares during the period. Wellington Management Group LLP increased its holdings in shares of American Water Works by 3,274.6% during the 4th quarter. Wellington Management Group LLP now owns 7,092,757 shares of the utilities provider’s stock valued at $925,605,000 after purchasing an additional 6,882,575 shares in the last quarter. GQG Partners LLC lifted its stake in shares of American Water Works by 64.2% in the 4th quarter. GQG Partners LLC now owns 6,493,161 shares of the utilities provider’s stock valued at $847,361,000 after purchasing an additional 2,539,683 shares during the period. Geode Capital Management LLC lifted its stake in shares of American Water Works by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider’s stock valued at $655,025,000 after purchasing an additional 33,359 shares during the period. Finally, Amundi boosted its holdings in American Water Works by 7.1% during the fourth quarter. Amundi now owns 4,171,929 shares of the utilities provider’s stock worth $544,420,000 after buying an additional 275,511 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AWK. Bank of America reaffirmed a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Saturday, July 18th. Barclays raised their target price on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research report on Wednesday, July 15th. Wells Fargo & Company set a $131.00 price target on American Water Works in a report on Tuesday, April 21st. Finally, UBS Group upped their price target on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, American Water Works has a consensus rating of “Hold” and a consensus target price of $140.60.

American Water Works Stock Performance

NYSE:AWK opened at $134.80 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37. The stock has a market capitalization of $26.32 billion, a PE ratio of 23.90, a P/E/G ratio of 2.72 and a beta of 0.61. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $147.87. The company has a fifty day moving average of $128.31 and a two-hundred day moving average of $130.75.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.01 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.09). American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter last year, the firm posted $1.05 earnings per share. American Water Works’s quarterly revenue was up 5.7% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, research analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 12th were paid a dividend of $0.895 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $3.58 annualized dividend and a yield of 2.7%. This is a boost from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio is currently 63.48%.

About American Water Works

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.