American Water Works Company, Inc. $AWK Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC raised its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 8.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,926 shares of the utilities provider’s stock after acquiring an additional 2,844 shares during the quarter. Level Four Advisory Services LLC’s holdings in American Water Works were worth $5,595,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in AWK. Cloud Capital Management LLC purchased a new stake in shares of American Water Works in the 1st quarter valued at about $29,000. Capital A Wealth Management LLC purchased a new stake in shares of American Water Works in the 4th quarter valued at about $33,000. Banque Transatlantique SA purchased a new stake in shares of American Water Works in the 4th quarter valued at about $46,000. Wayfinding Financial LLC purchased a new stake in shares of American Water Works in the 1st quarter valued at about $48,000. Finally, Colonial Trust Co SC lifted its holdings in shares of American Water Works by 78.3% in the 4th quarter. Colonial Trust Co SC now owns 410 shares of the utilities provider’s stock valued at $51,000 after purchasing an additional 180 shares during the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Argus boosted their target price on American Water Works from $155.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 14th. UBS Group reduced their target price on American Water Works from $156.00 to $151.00 and set a “neutral” rating for the company in a report on Tuesday, August 12th. Wall Street Zen downgraded American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, May 14th. Evercore ISI upped their price objective on American Water Works from $139.00 to $148.00 and gave the company an “in-line” rating in a research note on Friday, May 2nd. Finally, Wells Fargo & Company reduced their price objective on American Water Works from $147.00 to $141.00 and set an “equal weight” rating for the company in a research note on Friday, August 1st. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $143.30.

American Water Works Stock Up 0.2%

AWK opened at $145.4510 on Thursday. The company has a market cap of $28.38 billion, a PE ratio of 26.21, a P/E/G ratio of 3.44 and a beta of 0.65. The business has a 50 day moving average price of $141.95 and a two-hundred day moving average price of $140.83. American Water Works Company, Inc. has a 52 week low of $118.74 and a 52 week high of $155.50. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 1.15.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.05). The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. American Water Works had a return on equity of 10.34% and a net margin of 21.91%.The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the company posted $1.42 earnings per share. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. As a group, research analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Investors of record on Tuesday, August 12th will be issued a $0.8275 dividend. The ex-dividend date is Tuesday, August 12th. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.3%. American Water Works’s dividend payout ratio is currently 59.64%.

Insider Buying and Selling at American Water Works

In other American Water Works news, CAO Melissa K. Wikle sold 2,825 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $143.28, for a total transaction of $404,766.00. Following the sale, the chief accounting officer owned 7,572 shares in the company, valued at approximately $1,084,916.16. This represents a 27.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.11% of the stock is currently owned by corporate insiders.

American Water Works Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.