Nuance Investments LLC Makes New $4.73 Million Investment in American Water Works Company, Inc. $AWK

Nuance Investments LLC acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 35,967 shares of the utilities provider’s stock, valued at approximately $4,733,000.

Other hedge funds have also bought and sold shares of the company. Empowered Funds LLC lifted its position in shares of American Water Works by 11.5% in the first quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock worth $872,000 after buying an additional 609 shares in the last quarter. Woodline Partners LP boosted its stake in American Water Works by 40.7% during the first quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock worth $2,429,000 after buying an additional 4,762 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of American Water Works during the 2nd quarter worth about $302,000. Cresset Asset Management LLC boosted its position in shares of American Water Works by 1.5% during the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock valued at $816,000 after buying an additional 85 shares during the period. Finally, Gamco Investors INC. ET AL grew its position in American Water Works by 184.4% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,492 shares of the utilities provider’s stock valued at $764,000 after acquiring an additional 3,561 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research note on Wednesday, June 24th. Wells Fargo & Company set a $131.00 target price on shares of American Water Works in a report on Tuesday, April 21st. Mizuho raised their price objective on 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, Barclays increased their price objective on American Water Works from $124.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $138.78.

American Water Works Stock Down 1.2%

AWK stock opened at $134.57 on Tuesday. 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 one year low of $120.57 and a one year high of $147.87. The firm’s fifty day moving average is $132.05 and its 200 day moving average is $131.28. The firm has a market cap of $26.74 billion, a PE ratio of 23.32, a P/E/G ratio of 2.75 and a beta of 0.60.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.American Water Works’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.48 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts forecast that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a dividend of $0.895 per share. This represents a $3.58 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, August 11th. American Water Works’s dividend payout ratio is 62.05%.

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.