American Water Works Company, Inc. $AWK Shares Sold by Deutsche Bank AG

Deutsche Bank AG cut its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 8.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,035,453 shares of the utilities provider’s stock after selling 179,746 shares during the period. Deutsche Bank AG’s holdings in American Water Works were worth $265,627,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of American Water Works by 2.3% during the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock worth $3,650,543,000 after purchasing an additional 597,916 shares in the last quarter. State Street Corp increased its position in shares of American Water Works by 1.1% during the third quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock worth $1,607,886,000 after purchasing an additional 120,870 shares in the last quarter. Geode Capital Management LLC increased its position in shares of American Water Works by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 5,039,122 shares of the utilities provider’s stock worth $655,025,000 after purchasing an additional 33,359 shares in the last quarter. Bank of America Corp DE increased its position in shares of American Water Works by 3.7% in the 3rd quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider’s stock valued at $386,882,000 after acquiring an additional 98,042 shares during the period. Finally, Pictet Asset Management Holding SA increased its position in shares of American Water Works by 0.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 2,639,521 shares of the utilities provider’s stock valued at $344,462,000 after acquiring an additional 22,827 shares during the period. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Trading Up 0.8%

AWK stock opened at $126.49 on Thursday. The company’s 50-day simple moving average is $128.95 and its 200-day simple moving average is $130.74. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.16. American Water Works Company, Inc. has a 52-week low of $120.57 and a 52-week high of $147.87. The firm has a market cap of $24.70 billion, a P/E ratio of 22.43, a PEG ratio of 2.72 and a beta of 0.62.

American Water Works (NYSE:AWK) last posted its earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.09). American Water Works had a return on equity of 10.20% and a net margin of 21.17%.The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The company’s revenue was up 5.7% 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, equities analysts forecast that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 12th were paid a dividend of $0.895 per share. This represents a $3.58 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, May 12th. This is an increase from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio is currently 63.48%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Truist Financial cut their target price on American Water Works from $137.00 to $130.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Bank of America cut their target price on American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Barclays upped their target price on American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a research report on Monday, April 20th. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 26th. Finally, Wells Fargo & Company set a $131.00 target price on American Water Works in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $138.11.

American Water Works Company Profile

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.