Shah Wealth Advisors LLC Takes $715,000 Position in American Water Works Company, Inc. $AWK

Shah Wealth Advisors LLC acquired a new position in shares of American Water Works Company, Inc. (NYSE:AWK) during the second quarter, HoldingsChannel.com reports. The firm acquired 5,431 shares of the utilities provider’s stock, valued at approximately $715,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Reflection Asset Management acquired a new stake in shares of American Water Works in the 4th quarter worth $25,000. Transamerica Financial Advisors LLC boosted its position in shares of American Water Works by 82.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 90 shares during the last quarter. Nemes Rush Group LLC purchased a new stake in shares of American Water Works in the fourth quarter valued at about $27,000. Ascentis Independent Advisors purchased a new stake in shares of American Water Works in the first quarter valued at about $27,000. Finally, MV Capital Management Inc. acquired a new stake in American Water Works during the fourth quarter worth about $29,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Price Performance

Shares of AWK opened at $140.49 on Friday. American Water Works Company, Inc. has a fifty-two week low of $120.57 and a fifty-two week high of $145.64. The firm’s 50 day moving average price is $135.18 and its 200 day moving average price is $132.38. The company has a market cap of $27.92 billion, a P/E ratio of 24.35, a PEG ratio of 2.87 and a beta of 0.59. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20.

American Water Works (NYSE:AWK) last issued 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. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a $0.895 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is 62.05%.

Analysts Set New Price Targets

Several equities analysts have weighed in on AWK shares. Truist Financial set a $139.00 target price on shares of American Water Works in a report on Tuesday, August 4th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. UBS Group raised their target price on American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Barclays lifted their target price on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a research report on Wednesday, July 15th. Finally, Bank of America reiterated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, American Water Works presently has an average rating of “Hold” and a consensus target price of $138.78.

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.