Y Intercept Hong Kong Ltd Acquires New Holdings in American Water Works Company, Inc. $AWK

Y Intercept Hong Kong Ltd purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 25,272 shares of the utilities provider’s stock, valued at approximately $3,516,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group bought a new position in American Water Works during the 2nd quarter worth approximately $28,000. WPG Advisers LLC bought a new position in American Water Works during the 1st quarter worth approximately $29,000. Flaharty Asset Management LLC bought a new position in American Water Works during the 1st quarter worth approximately $30,000. Cloud Capital Management LLC bought a new position in American Water Works during the 1st quarter worth approximately $29,000. Finally, Concord Wealth Partners bought a new position in American Water Works during the 2nd quarter worth approximately $28,000. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

NYSE AWK opened at $130.01 on Thursday. The company has a fifty day simple moving average of $140.05 and a 200 day simple moving average of $141.84. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. The company has a market cap of $25.37 billion, a P/E ratio of 23.43, a PEG ratio of 2.95 and a beta of 0.70.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.04. American Water Works had a net margin of 21.91% and a return on equity of 10.34%. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the firm posted $1.80 EPS. American Water Works’s revenue was up 9.7% compared to the same quarter last year. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Thursday, November 13th will be given a $0.8275 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $3.31 annualized dividend and a yield of 2.5%. American Water Works’s dividend payout ratio (DPR) is presently 59.64%.

Analyst Ratings Changes

Several research analysts have issued reports on AWK shares. TD Cowen started coverage on shares of American Water Works in a report on Thursday, October 16th. They set a “hold” rating and a $155.00 price target for the company. Cowen initiated coverage on shares of American Water Works in a research report on Wednesday, October 15th. They set a “hold” rating on the stock. Wells Fargo & Company initiated coverage on shares of American Water Works in a research note on Monday. They set an “equal weight” rating and a $142.00 target price on the stock. Argus increased their target price on shares of American Water Works from $155.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Finally, Barclays increased their target price on shares of American Water Works from $128.00 to $134.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 21st. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, American Water Works currently has an average rating of “Hold” and an average price target of $145.38.

American Water Works Company 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.