Aristotle Capital Management LLC Sells 286,638 Shares of American Water Works Company, Inc. $AWK

Aristotle Capital Management LLC cut its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 4.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,299,537 shares of the utilities provider’s stock after selling 286,638 shares during the quarter. American Water Works accounts for about 1.7% of Aristotle Capital Management LLC’s investment portfolio, making the stock its 28th largest holding. Aristotle Capital Management LLC’s holdings in American Water Works were worth $876,848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. lifted its position in American Water Works by 2.3% in the third quarter. Vanguard Group Inc. now owns 26,227,049 shares of the utilities provider’s stock valued at $3,650,543,000 after purchasing an additional 597,916 shares during the last quarter. State Street Corp boosted its stake in shares of American Water Works by 2.6% during the second quarter. State Street Corp now owns 11,430,863 shares of the utilities provider’s stock valued at $1,590,147,000 after purchasing an additional 286,053 shares during the period. Geode Capital Management LLC grew its holdings in shares of American Water Works by 2.1% in the second quarter. Geode Capital Management LLC now owns 4,949,996 shares of the utilities provider’s stock worth $685,662,000 after purchasing an additional 103,595 shares during the last quarter. Amundi increased its stake in shares of American Water Works by 4.8% in the second quarter. Amundi now owns 3,926,541 shares of the utilities provider’s stock worth $559,951,000 after buying an additional 179,127 shares during the period. Finally, Invesco Ltd. increased its stake in shares of American Water Works by 16.8% in the second quarter. Invesco Ltd. now owns 3,442,004 shares of the utilities provider’s stock worth $478,817,000 after buying an additional 494,868 shares during the period. 86.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Wells Fargo & Company dropped their price target 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. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $117.00 to $139.00 in a research report on Monday, January 12th. UBS Group set a $149.00 price objective on shares of American Water Works in a research note on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Monday, December 29th. Finally, Barclays cut 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 given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $140.89.

American Water Works Trading Up 1.0%

NYSE AWK opened at $139.67 on Friday. The firm has a market capitalization of $27.26 billion, a PE ratio of 24.55, a P/E/G ratio of 3.26 and a beta of 0.77. The stock’s 50 day moving average is $131.17 and its 200 day moving average is $133.60. American Water Works Company, Inc. has a twelve month low of $121.28 and a twelve month high of $155.50. The company has a quick ratio of 0.44, a current ratio of 0.46 and a debt-to-equity ratio of 1.18.

American Water Works (NYSE:AWK) last posted its quarterly earnings data 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). The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.29 billion. American Water Works had a return on equity of 10.38% and a net margin of 21.61%.American Water Works’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.15 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Research analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

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.