Van Hulzen Asset Management LLC Raises Position in American Water Works Company, Inc. $AWK

Van Hulzen Asset Management LLC lifted its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 149.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,572 shares of the utilities provider’s stock after purchasing an additional 26,129 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in American Water Works were worth $5,733,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AWK. Versant Capital Management Inc boosted its stake in American Water Works by 6.6% in the 2nd quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider’s stock worth $158,000 after buying an additional 74 shares during the last quarter. Faithward Advisors LLC boosted its position in shares of American Water Works by 5.4% in the third quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock worth $223,000 after acquiring an additional 82 shares during the last quarter. Cresset Asset Management LLC grew its holdings in American Water Works by 1.5% in the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock valued at $816,000 after purchasing an additional 85 shares during the period. Transamerica Financial Advisors LLC increased its position in American Water Works by 82.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 90 shares during the last quarter. Finally, Focused Wealth Management Inc boosted its holdings in shares of American Water Works by 4.1% in the 1st quarter. Focused Wealth Management Inc now owns 2,376 shares of the utilities provider’s stock valued at $323,000 after purchasing an additional 93 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

American Water Works stock opened at $140.53 on Thursday. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $145.64. The company has a market capitalization of $27.93 billion, a price-to-earnings ratio of 24.35, a price-to-earnings-growth ratio of 2.86 and a beta of 0.59. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49. The firm’s fifty day moving average price is $135.69 and its 200 day moving average price is $132.55.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.48 earnings per share. 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 EPS for the current fiscal year.

American Water Works Announces Dividend

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

Wall Street Analysts Forecast Growth

AWK has been the subject of a number of research analyst reports. Bank of America restated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. UBS Group lifted their price objective on American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. boosted their price objective on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. Finally, Mizuho lifted their target price on shares of American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, July 31st. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $138.78.

American Water Works Company Profile

American Water Works Company, Inc is a water and wastewater utility company that provides essential services to residential, commercial, industrial and public-sector customers. Through its regulated operations, the company treats and distributes drinking water, collects and treats wastewater, and manages related infrastructure such as pipelines, treatment plants, storage facilities and pumping stations.

The company also provides water and wastewater services to military installations and operates businesses serving municipalities and other public-sector customers.