Fulcrum Asset Management LLP Buys 7,330 Shares of American Water Works Company, Inc. $AWK

Fulcrum Asset Management LLP lifted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 74.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,234 shares of the utilities provider’s stock after purchasing an additional 7,330 shares during the period. American Water Works accounts for 1.6% of Fulcrum Asset Management LLP’s holdings, making the stock its 12th biggest position. Fulcrum Asset Management LLP’s holdings in American Water Works were worth $2,399,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in AWK. Vanguard Group Inc. lifted its stake in American Water Works by 2.3% in the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock valued at $3,650,543,000 after acquiring an additional 597,916 shares during the last quarter. State Street Corp increased its stake in shares of American Water Works by 1.1% during the 3rd quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock worth $1,607,886,000 after purchasing an additional 120,870 shares during the last quarter. Amundi raised its holdings in shares of American Water Works by 4.8% in the 2nd quarter. Amundi now owns 3,926,541 shares of the utilities provider’s stock valued at $559,951,000 after purchasing an additional 179,127 shares during the period. Invesco Ltd. lifted its stake in American Water Works by 16.8% in the 2nd quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock valued at $478,817,000 after purchasing an additional 494,868 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in American Water Works by 0.8% during the second quarter. Legal & General Group Plc now owns 3,356,636 shares of the utilities provider’s stock worth $466,942,000 after purchasing an additional 27,177 shares during the period. 86.58% of the stock is owned by institutional investors.

American Water Works Stock Down 0.6%

Shares of NYSE AWK opened at $138.34 on Wednesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.44 and a current ratio of 0.46. 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 capitalization of $27.01 billion, a P/E ratio of 24.31, a PEG ratio of 3.24 and a beta of 0.77. The stock’s fifty day moving average is $131.59 and its 200 day moving average is $133.46.

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). The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.29 billion. American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.15 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on AWK. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. UBS Group set a $149.00 target price on American Water Works in a report on Wednesday, December 17th. Barclays cut their price target on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a report on Wednesday, December 17th. Bank of America raised shares of American Water Works from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $117.00 to $139.00 in a research report on Monday, January 12th. Finally, Wells Fargo & Company dropped their price objective on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, American Water Works currently 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.