American Water Works Company, Inc. $AWK Shares Sold by Aristotle Atlantic Partners LLC

Aristotle Atlantic Partners LLC trimmed its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 23.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 73,759 shares of the utilities provider’s stock after selling 22,395 shares during the period. Aristotle Atlantic Partners LLC’s holdings in American Water Works were worth $10,266,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. American National Bank & Trust purchased a new stake in shares of American Water Works in the third quarter valued at approximately $26,000. Grey Fox Wealth Advisors LLC purchased a new position in American Water Works in the third quarter worth $27,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in American Water Works in the third quarter worth $28,000. Elevation Point Wealth Partners LLC acquired a new stake in American Water Works in the second quarter valued at $29,000. Finally, Cloud Capital Management LLC acquired a new stake in American Water Works in the third quarter valued at $29,000. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Price Performance

Shares of NYSE AWK opened at $139.67 on Friday. 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’s 50-day moving average price is $131.17 and its 200 day moving average price is $133.60. American Water Works Company, Inc. has a 52 week low of $121.28 and a 52 week high of $155.50. The stock has a market cap of $27.26 billion, a price-to-earnings ratio of 24.55, a PEG ratio of 3.26 and a beta of 0.77.

American Water Works (NYSE:AWK) last announced its earnings results 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). American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm posted $1.15 EPS. The business’s revenue 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. As a group, research analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. UBS Group set a $149.00 price objective on shares of American Water Works in a research note on Wednesday, December 17th. Barclays decreased their price target on American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research note on Wednesday, December 17th. 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 report on Tuesday, January 20th. Finally, Bank of America raised American Water Works from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $117.00 to $139.00 in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, American Water Works has an average rating of “Hold” and an average price target 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.