Northwestern Mutual Wealth Management Co. Makes New $876,000 Investment in American Water Works Company, Inc. $AWK

Northwestern Mutual Wealth Management Co. bought a new stake in American Water Works Company, Inc. (NYSE:AWK) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,660 shares of the utilities provider’s stock, valued at approximately $876,000.

Several other hedge funds have also made changes to their positions in AWK. Cbre Investment Management Listed Real Assets LLC raised its stake in shares of American Water Works by 82.7% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 21,430 shares of the utilities provider’s stock worth $2,797,000 after purchasing an additional 9,698 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in American Water Works in the 1st quarter valued at $1,347,000. 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 buying an additional 10,760 shares during the period. Capital Innovations LLC acquired a new position in American Water Works in the 4th quarter valued at $4,700,000. Finally, Erste Asset Management GmbH raised its position in American Water Works by 25.9% during the 4th quarter. Erste Asset Management GmbH now owns 69,893 shares of the utilities provider’s stock worth $9,142,000 after buying an additional 14,363 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Barclays raised their target price on shares of American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. Mizuho increased their price target on shares of American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. JPMorgan Chase & Co. raised their price objective on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. Finally, UBS Group boosted their target price on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $138.78.

American Water Works Price Performance

Shares of NYSE AWK opened at $137.58 on Wednesday. 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 Company, Inc. has a one year low of $120.57 and a one year high of $145.64. The firm has a market capitalization of $27.34 billion, a P/E ratio of 23.84, a PEG ratio of 2.85 and a beta of 0.60. The company’s fifty day moving average is $133.40 and its two-hundred day moving average is $131.73.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the firm posted $1.48 EPS. The business’s revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Analysts forecast that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. American Water Works’s payout ratio is 62.05%.

American Water Works Company Profile

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.