Lansforsakringar Fondforvaltning AB publ Purchases Shares of 60,737 American Water Works Company, Inc. $AWK

Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of American Water Works Company, Inc. (NYSE:AWK) in the 3rd quarter, Holdings Channel reports. The fund acquired 60,737 shares of the utilities provider’s stock, valued at approximately $8,454,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. American National Bank & Trust acquired a new position in American Water Works during the 3rd quarter worth approximately $26,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of American Water Works during the 3rd quarter worth approximately $27,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in American Water Works in the 3rd quarter valued at $28,000. Elevation Point Wealth Partners LLC acquired a new stake in American Water Works during the 2nd quarter valued at $29,000. Finally, Cloud Capital Management LLC bought a new position in American Water Works during the third quarter worth $29,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. UBS Group set a $149.00 price objective on shares of American Water Works in a research report on Wednesday, December 17th. Mizuho set a $145.00 price target on shares of American Water Works in a research note on Tuesday, October 28th. Wells Fargo & Company cut their price objective on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Jefferies Financial Group raised American Water Works from an “underperform” rating to a “hold” rating and upped their target price for the company from $114.00 to $124.00 in a research report on Wednesday, November 5th. Finally, Barclays lowered their target price on American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research note on Wednesday, December 17th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $140.89.

American Water Works Price Performance

American Water Works stock opened at $132.83 on Tuesday. The stock’s fifty day moving average price is $129.89 and its two-hundred day moving average price is $134.38. The firm has a market cap of $25.93 billion, a PE ratio of 23.35, a price-to-earnings-growth ratio of 3.02 and a beta of 0.77. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.46 and a quick ratio of 0.44. American Water Works Company, Inc. has a one year low of $121.28 and a one year high of $155.50.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.04). American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the business posted $1.15 EPS. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. As a group, research analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 10th will be issued a dividend of $0.8275 per share. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, February 10th. American Water Works’s dividend payout ratio is 58.17%.

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.