Curated Wealth Partners LLC Buys New Holdings in American Water Works Company, Inc. $AWK

Curated Wealth Partners LLC purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 5,869 shares of the utilities provider’s stock, valued at approximately $813,000.

Other large investors have also made changes to their positions in the company. Reflection Asset Management bought a new position in American Water Works in the fourth quarter valued at approximately $25,000. Ascentis Independent Advisors acquired a new position in American Water Works during the first quarter valued at approximately $27,000. Harborfront Financial Group LLC acquired a new position in American Water Works during the second quarter valued at approximately $29,000. MV Capital Management Inc. bought a new stake in American Water Works during the fourth quarter worth $29,000. Finally, Global Assets Advisory LLC bought a new stake in American Water Works during the first quarter worth $33,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Ratings Changes

AWK has been the topic of a number of research analyst reports. Truist Financial set a $139.00 target price on American Water Works in a report on Tuesday, August 4th. JPMorgan Chase & Co. lifted their price target on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Wall Street Zen raised American Water Works from a “strong sell” rating to a “sell” rating in a report on Monday, August 3rd. Mizuho boosted their price target on American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, UBS Group upped their price objective on American Water Works from $156.00 to $162.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $138.25.

American Water Works Trading Up 1.0%

Shares of AWK stock opened at $133.01 on Friday. The firm has a market capitalization of $26.43 billion, a P/E ratio of 23.05, a P/E/G ratio of 2.68 and a beta of 0.58. American Water Works Company, Inc. has a twelve month low of $120.57 and a twelve month high of $145.64. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. The stock’s fifty day simple moving average is $134.90 and its 200 day simple moving average is $131.93.

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 the consensus estimate 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 company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same period in the previous year, the business posted $1.48 earnings per share. The business’s quarterly 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, sell-side analysts predict that American Water Works Company, Inc. will post 6.09 EPS for the current fiscal year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a $0.8950 dividend. This represents a $3.58 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, August 11th. American Water Works’s dividend payout ratio is presently 62.05%.

American Water Works Company Profile

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial, and governmental customers in the United States. Through its regulated operations, the company collects, treats, distributes, and manages drinking water, as well as collects and treats wastewater.

The company also provides services through businesses that support utilities, municipalities, military installations, and other public-sector customers.