Chesapeake Capital Corp IL Invests $688,000 in American Water Works Company, Inc. $AWK

Chesapeake Capital Corp IL bought a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,946 shares of the utilities provider’s stock, valued at approximately $688,000.

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

American Water Works Trading Up 1.0%

Shares of American Water Works stock opened at $139.67 on Friday. The stock has a market cap of $27.26 billion, a P/E ratio of 24.55, a P/E/G ratio of 3.22 and a beta of 0.77. The stock’s 50 day simple moving average is $131.17 and its 200-day simple moving average is $133.68. American Water Works Company, Inc. has a 1-year low of $121.28 and a 1-year high of $155.50. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.46 and a quick ratio of 0.44.

American Water Works (NYSE:AWK) last posted 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). American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the business posted $1.15 EPS. American Water Works’s revenue for the quarter was up 5.8% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on AWK shares. Wells Fargo & Company lowered their price target on American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 20th. Barclays reduced their price objective on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research note on Wednesday, December 17th. UBS Group set a $149.00 price objective on American Water Works in a report on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. Finally, Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $117.00 to $139.00 in a report on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $140.89.

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.