Natixis Advisors LLC Cuts Stock Holdings in American Water Works Company, Inc. $AWK

Natixis Advisors LLC lowered its holdings in American Water Works Company, Inc. (NYSE:AWK) by 5.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 83,724 shares of the utilities provider’s stock after selling 4,714 shares during the quarter. Natixis Advisors LLC’s holdings in American Water Works were worth $11,654,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of American Water Works during the third quarter valued at approximately $2,374,000. First Trust Advisors LP increased its holdings in American Water Works by 7.2% during the third quarter. First Trust Advisors LP now owns 1,003,857 shares of the utilities provider’s stock valued at $139,727,000 after buying an additional 67,510 shares during the period. Modern Wealth Management LLC raised its stake in American Water Works by 14.3% in the third quarter. Modern Wealth Management LLC now owns 2,963 shares of the utilities provider’s stock worth $412,000 after buying an additional 371 shares in the last quarter. Gabelli Funds LLC raised its stake in American Water Works by 1.2% in the third quarter. Gabelli Funds LLC now owns 128,100 shares of the utilities provider’s stock worth $17,830,000 after buying an additional 1,505 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its holdings in American Water Works by 96.3% during the third quarter. Aptus Capital Advisors LLC now owns 5,544 shares of the utilities provider’s stock worth $772,000 after buying an additional 2,720 shares during the period. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of AWK opened at $138.37 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 1.18. The firm has a market cap of $27.01 billion, a PE ratio of 24.32, a P/E/G ratio of 3.13 and a beta of 0.77. American Water Works Company, Inc. has a 12 month low of $121.28 and a 12 month high of $155.50. The stock has a fifty day moving average price of $130.98 and a 200-day moving average price of $133.71.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share for the quarter, missing the consensus estimate 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 analysts’ expectations of $1.29 billion. During the same quarter last year, the firm earned $1.15 earnings per share. The firm’s quarterly 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. Equities research analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AWK has been the topic of several recent research reports. UBS Group set a $149.00 target price on American Water Works in a research report on Wednesday, December 17th. Wells Fargo & Company decreased their price objective on American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Bank of America raised American Water Works from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $117.00 to $139.00 in a research report on Monday, January 12th. Barclays cut their target price on American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research note on Wednesday, December 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Water Works in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $140.89.

About American Water Works

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.