Quantbot Technologies LP Makes New Investment in American Water Works Company, Inc. $AWK

Quantbot Technologies LP acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 5,280 shares of the utilities provider’s stock, valued at approximately $735,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. New York State Common Retirement Fund boosted its holdings in American Water Works by 14.5% in the third quarter. New York State Common Retirement Fund now owns 350,471 shares of the utilities provider’s stock worth $48,782,000 after purchasing an additional 44,336 shares in the last quarter. Wesbanco Bank Inc. increased its position in American Water Works by 5.6% during the third quarter. Wesbanco Bank Inc. now owns 85,976 shares of the utilities provider’s stock worth $11,967,000 after buying an additional 4,553 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in American Water Works by 31.7% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 136,504 shares of the utilities provider’s stock valued at $19,000,000 after buying an additional 32,834 shares in the last quarter. Swedbank AB lifted its position in shares of American Water Works by 88.5% in the third quarter. Swedbank AB now owns 257,413 shares of the utilities provider’s stock worth $35,829,000 after buying an additional 120,890 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its position in shares of American Water Works by 7.2% in the third quarter. Asset Management One Co. Ltd. now owns 116,690 shares of the utilities provider’s stock worth $16,242,000 after buying an additional 7,831 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

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

American Water Works Price Performance

Shares of NYSE:AWK opened at $137.70 on Friday. The firm has a market capitalization of $26.88 billion, a PE ratio of 24.20, a PEG ratio of 3.21 and a beta of 0.77. 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 business’s 50 day moving average is $130.58 and its 200-day moving average is $133.90. American Water Works Company, Inc. has a 1-year low of $121.28 and a 1-year high of $155.50.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.04). The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.15 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works 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.