Fulcrum Asset Management LLP Cuts Holdings in American Water Works Company, Inc. $AWK

Fulcrum Asset Management LLP decreased its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 51.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,131 shares of the utilities provider’s stock after selling 22,570 shares during the period. Fulcrum Asset Management LLP’s holdings in American Water Works were worth $2,771,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC purchased a new stake in American Water Works during the 3rd quarter worth about $27,000. Salomon & Ludwin LLC increased its holdings in American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 81 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in American Water Works during the 3rd quarter worth about $28,000. Cloud Capital Management LLC purchased a new stake in American Water Works during the 3rd quarter worth about $29,000. Finally, Westfuller Advisors LLC purchased a new stake in American Water Works during the 3rd quarter worth about $33,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on AWK shares. Wells Fargo & Company set a $131.00 price target on American Water Works in a report on Tuesday, April 21st. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. Truist Financial began coverage on American Water Works in a report on Tuesday, April 21st. They issued a “hold” rating and a $137.00 price objective on the stock. Barclays increased their price objective on American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a report on Monday, April 20th. Finally, UBS Group dropped their price objective on American Water Works from $149.00 to $137.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $139.11.

American Water Works Trading Down 1.1%

AWK opened at $125.98 on Friday. American Water Works Company, Inc. has a one year low of $121.28 and a one year high of $147.87. The company has a market cap of $24.60 billion, a P/E ratio of 22.34, a PEG ratio of 2.81 and a beta of 0.64. 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 business’s 50-day simple moving average is $133.81 and its 200-day simple moving average is $131.58.

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

American Water Works Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Tuesday, May 12th will be paid a dividend of $0.895 per share. The ex-dividend date is Tuesday, May 12th. This represents a $3.58 dividend on an annualized basis and a yield of 2.8%. This is a boost from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio (DPR) is 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.