National Pension Service Purchases 14,955 Shares of American Water Works Company, Inc. $AWK

National Pension Service lifted its position in American Water Works Company, Inc. (NYSE:AWK) by 5.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 296,157 shares of the utilities provider’s stock after purchasing an additional 14,955 shares during the quarter. National Pension Service’s holdings in American Water Works were worth $38,968,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its stake in American Water Works by 43.7% in the second quarter. Integrated Wealth Concepts LLC now owns 8,205 shares of the utilities provider’s stock worth $1,080,000 after buying an additional 2,495 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of American Water Works by 76.3% in the 2nd quarter. NewEdge Advisors LLC now owns 14,848 shares of the utilities provider’s stock worth $1,954,000 after acquiring an additional 6,426 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of American Water Works by 0.8% in the 2nd quarter. Baird Financial Group Inc. now owns 253,025 shares of the utilities provider’s stock worth $33,293,000 after acquiring an additional 2,005 shares during the last quarter. Allworth Financial LP boosted its stake in shares of American Water Works by 37.9% in the 2nd quarter. Allworth Financial LP now owns 4,260 shares of the utilities provider’s stock valued at $561,000 after purchasing an additional 1,171 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in shares of American Water Works by 5.5% in the 2nd quarter. Arizona State Retirement System now owns 55,989 shares of the utilities provider’s stock valued at $7,367,000 after purchasing an additional 2,923 shares in the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AWK has been the topic of a number of analyst reports. Truist Financial set a $139.00 target price on shares of American Water Works in a research report on Tuesday, August 4th. Bank of America restated a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. UBS Group boosted their target price on American Water Works from $156.00 to $162.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Mizuho increased their target price on 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 issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Water Works currently has an average rating of “Hold” and a consensus target price of $140.11.

American Water Works Trading Down 1.5%

Shares of AWK opened at $137.68 on Friday. The stock has a market capitalization of $27.36 billion, a P/E ratio of 23.86, a PEG ratio of 2.81 and a beta of 0.59. American Water Works Company, Inc. has a twelve month low of $120.57 and a twelve month high of $145.64. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. The firm has a fifty day simple moving average of $135.78 and a two-hundred day simple moving average of $132.66.

American Water Works (NYSE:AWK) last released its quarterly earnings data 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. The firm had revenue of $1.35 billion for 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 company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company 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 anticipate that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were given a dividend of $0.895 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a yield of 2.6%. American Water Works’s dividend payout ratio is presently 62.05%.

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.