18,780 Shares in American Water Works Company, Inc. $AWK Bought by LGT Capital Partners LTD.

LGT Capital Partners LTD. acquired a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,780 shares of the utilities provider’s stock, valued at approximately $2,614,000.

A number of other institutional investors have also added to or reduced their stakes in AWK. Empowered Funds LLC boosted its position in shares of American Water Works by 11.5% during the 1st quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock valued at $872,000 after acquiring an additional 609 shares during the last quarter. Woodline Partners LP raised its stake in 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 purchasing an additional 4,762 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in American Water Works during the second quarter valued at approximately $302,000. Sumitomo Mitsui Trust Group Inc. grew its stake in American Water Works by 0.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 449,503 shares of the utilities provider’s stock worth $62,530,000 after buying an additional 4,214 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC purchased a new position in American Water Works in the 2nd quarter worth approximately $334,000. 86.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AWK. Barclays lowered their price objective on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating on the stock in a research report on Wednesday, December 17th. Wells Fargo & Company dropped their price target on American Water Works from $142.00 to $126.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Jefferies Financial Group upgraded American Water Works from an “underperform” rating to a “hold” rating and upped their price objective for the stock from $114.00 to $124.00 in a report on Wednesday, November 5th. UBS Group set a $149.00 price objective on American Water Works in a report on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $140.89.

American Water Works Price Performance

Shares of American Water Works stock opened at $132.83 on Tuesday. 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. The business’s 50 day simple moving average is $129.89 and its two-hundred day simple moving average is $134.38. The stock has a market capitalization of $25.93 billion, a P/E ratio of 23.35, a price-to-earnings-growth ratio of 3.02 and a beta of 0.77.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior 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. Analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Dividend Announcement

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