Rep. Richard McCormick Unloads American Water Works Company, Inc. (NYSE:AWK) Stock

Representative Richard McCormick (Republican-Georgia) recently sold shares of American Water Works Company, Inc. (NYSE:AWK). In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Water Works stock on July 30th. The trade occurred in the Representative’s “GROWTH PARTNERS ROTH IRA” account.

Representative Richard McCormick also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 7/30/2026.

American Water Works Stock Performance

Shares of NYSE AWK opened at $134.57 on Tuesday. The company’s fifty day moving average price is $132.05 and its 200 day moving average price is $131.28. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $147.87. The company has a market capitalization of $26.74 billion, a PE ratio of 23.32, a price-to-earnings-growth ratio of 2.75 and a beta of 0.60. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter last year, the business earned $1.48 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts predict that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.895 dividend. This represents a $3.58 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, August 11th. American Water Works’s payout ratio is currently 62.05%.

Analyst Upgrades and Downgrades

AWK has been the subject of a number of analyst reports. UBS Group upped their price target on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Wells Fargo & Company set a $131.00 price objective on American Water Works in a report on Tuesday, April 21st. JPMorgan Chase & Co. boosted their price objective on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Barclays upped their target price on American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. Finally, Mizuho lifted their price target on shares of American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $138.78.

Institutional Trading of American Water Works

Several large investors have recently made changes to their positions in the company. Cbre Investment Management Listed Real Assets LLC raised its stake in American Water Works by 82.7% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 21,430 shares of the utilities provider’s stock valued at $2,797,000 after acquiring an additional 9,698 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of American Water Works in the first quarter valued at about $1,347,000. KBC Group NV increased its holdings in American Water Works by 84.0% in the fourth quarter. KBC Group NV now owns 553,066 shares of the utilities provider’s stock valued at $72,175,000 after buying an additional 252,459 shares in the last quarter. Generali Asset Management SPA SGR increased its stake in American Water Works by 73.8% in the 4th quarter. Generali Asset Management SPA SGR now owns 25,338 shares of the utilities provider’s stock valued at $3,307,000 after purchasing an additional 10,760 shares in the last quarter. Finally, Capital Innovations LLC acquired a new position in shares of American Water Works during the 4th quarter worth $4,700,000. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

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.