UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $340.80 Million Stock Position in American Water Works Company, Inc. $AWK

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 1.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,590,025 shares of the utilities provider’s stock after selling 51,346 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in American Water Works were worth $340,795,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Empowered Funds LLC grew its holdings in shares of American Water Works by 11.5% during the first quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock worth $872,000 after purchasing an additional 609 shares during the last quarter. Woodline Partners LP increased its stake in shares of American Water Works by 40.7% in the first quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock valued at $2,429,000 after buying an additional 4,762 shares during the period. Sivia Capital Partners LLC bought a new position in American Water Works in the 2nd quarter valued at approximately $302,000. Cresset Asset Management LLC raised its holdings in American Water Works by 1.5% in the 2nd 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 last quarter. Finally, Gamco Investors INC. ET AL boosted its position in American Water Works by 184.4% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,492 shares of the utilities provider’s stock worth $764,000 after buying an additional 3,561 shares during the period. 86.58% of the stock is currently owned by institutional investors and hedge funds.

American Water Works Stock Performance

Shares of AWK stock opened at $138.50 on Tuesday. The business’s 50 day simple moving average is $134.40 and its 200 day simple moving average is $132.10. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $145.64. The stock has a market capitalization of $27.52 billion, a PE ratio of 24.00, a PEG ratio of 2.82 and a beta of 0.60. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. 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 business earned $1.48 EPS. The company’s revenue was up 6.2% 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, research analysts forecast that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Announces Dividend

The company also recently disclosed 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 is Tuesday, August 11th. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. American Water Works’s dividend payout ratio is 62.05%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AWK shares. 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 report on Friday, July 31st. Truist Financial set a $139.00 price target on shares of American Water Works in a research note on Tuesday, August 4th. JPMorgan Chase & Co. lifted their price target on shares of American Water Works from $138.00 to $147.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. UBS Group boosted their price objective on shares of American Water Works from $140.00 to $150.00 and gave the stock a “buy” rating in a research note 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 research 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price 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.