NEOS Investment Management LLC Purchases 6,055 Shares of American Water Works Company, Inc. $AWK

NEOS Investment Management LLC boosted its position in American Water Works Company, Inc. (NYSE:AWKFree Report) by 66.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,175 shares of the utilities provider’s stock after acquiring an additional 6,055 shares during the period. NEOS Investment Management LLC’s holdings in American Water Works were worth $2,112,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. American National Bank & Trust bought a new position in American Water Works during the third quarter worth about $26,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of American Water Works in the 3rd quarter valued at $27,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of American Water Works in the 3rd quarter valued at $28,000. Elevation Point Wealth Partners LLC bought a new stake in shares of American Water Works in the 2nd quarter valued at $29,000. Finally, Cloud Capital Management LLC acquired a new stake in American Water Works during the 3rd quarter worth $29,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting American Water Works

Here are the key news stories impacting American Water Works this week:

American Water Works Trading Down 1.5%

Shares of American Water Works stock opened at $129.44 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.39 and a current ratio of 0.46. The firm has a 50-day moving average of $129.92 and a 200-day moving average of $134.56. American Water Works Company, Inc. has a 52-week low of $121.28 and a 52-week high of $155.50. The stock has a market cap of $25.27 billion, a PE ratio of 22.75, a PEG ratio of 3.06 and a beta of 0.77.

American Water Works (NYSE:AWKGet Free Report) last released its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.04). American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the business posted $1.15 earnings per share. American Water Works’s revenue was up 5.8% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 10th will be paid a $0.8275 dividend. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $3.31 annualized dividend and a yield of 2.6%. American Water Works’s dividend payout ratio (DPR) is 58.17%.

Wall Street Analysts Forecast Growth

AWK has been the subject of several research analyst reports. Mizuho set a $145.00 price objective on American Water Works in a research report on Tuesday, October 28th. UBS Group set a $149.00 target price on American Water Works in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. Wells Fargo & Company lowered their price objective on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. Finally, Barclays decreased their price objective on American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a report on Wednesday, December 17th. One 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 currently has a consensus rating of “Hold” and a consensus price target of $140.89.

View Our Latest Stock Report on AWK

American Water Works Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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