iSAM Funds UK Ltd Buys New Holdings in American Water Works Company, Inc. $AWK

iSAM Funds UK Ltd purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 13,997 shares of the utilities provider’s stock, valued at approximately $1,948,000.

A number of other institutional investors have also recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of American Water Works in the second quarter valued at approximately $344,645,000. Vanguard Group Inc. increased its holdings in shares of American Water Works by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock worth $3,650,543,000 after acquiring an additional 597,916 shares during the last quarter. Invesco Ltd. increased its holdings in shares of American Water Works by 16.8% during the 2nd quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock worth $478,817,000 after acquiring an additional 494,868 shares during the last quarter. Raymond James Financial Inc. raised its stake in American Water Works by 81.8% in the 2nd quarter. Raymond James Financial Inc. now owns 1,043,899 shares of the utilities provider’s stock valued at $145,217,000 after acquiring an additional 469,641 shares during the period. Finally, Vestor Capital LLC lifted its holdings in American Water Works by 31,955.0% during the 2nd quarter. Vestor Capital LLC now owns 320,550 shares of the utilities provider’s stock valued at $44,592,000 after purchasing an additional 319,550 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AWK. Barclays reduced their price objective on shares of American Water Works from $134.00 to $122.00 and set an “underweight” rating for the company in a research report on Wednesday, December 17th. UBS Group set a $149.00 target price on shares of American Water Works in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a report on Monday, December 29th. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and upped their price target for the company from $117.00 to $139.00 in a research note on Monday, January 12th. Finally, 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. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $140.89.

American Water Works Stock Up 1.0%

AWK stock opened at $139.67 on Friday. American Water Works Company, Inc. has a fifty-two week low of $121.28 and a fifty-two week high of $155.50. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.46 and a quick ratio of 0.44. The stock has a market capitalization of $27.26 billion, a price-to-earnings ratio of 24.55, a PEG ratio of 3.22 and a beta of 0.77. The business’s fifty day moving average price is $131.17 and its two-hundred day moving average price is $133.68.

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

American Water Works Profile

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.