Trivium Point Advisory LLC Makes New Investment in American Water Works Company, Inc. $AWK

Trivium Point Advisory LLC acquired a new position in American Water Works Company, Inc. (NYSE:AWK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,857 shares of the utilities provider’s stock, valued at approximately $639,000.

Other hedge funds have also made changes to their positions in the company. Flputnam Investment Management Co. acquired a new position in shares of American Water Works during the second quarter worth about $3,092,000. Global Retirement Partners LLC acquired a new stake in shares of American Water Works in the second quarter valued at about $576,000. 1ST Source Bank acquired a new stake in shares of American Water Works in the second quarter valued at about $1,976,000. Bank of New York Mellon Corp purchased a new stake in shares of American Water Works during the 2nd quarter valued at about $137,745,000. Finally, Sandro Wealth Management LLC purchased a new stake in shares of American Water Works during the 2nd quarter valued at about $1,247,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Stock Up 0.0%

Shares of NYSE AWK opened at $136.25 on Monday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $147.87. The stock’s 50-day simple moving average is $131.81 and its 200-day simple moving average is $131.25. The firm has a market cap of $27.08 billion, a price-to-earnings ratio of 23.61, a PEG ratio of 2.75 and a beta of 0.60.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same quarter last year, the firm earned $1.48 EPS. American Water Works’s quarterly revenue was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, equities analysts anticipate that American Water Works Company, Inc. will post 6.09 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.895 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a dividend yield of 2.6%. American Water Works’s dividend payout ratio (DPR) is presently 62.05%.

Analysts Set New Price Targets

A number of research firms have weighed in on AWK. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. Mizuho boosted their target price on shares of American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. UBS Group boosted their target price on shares of American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Finally, JPMorgan Chase & Co. upped their target price on shares of American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $138.78.

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.