TSP Capital Management Group LLC Takes Position in American Water Works Company, Inc. $AWK

TSP Capital Management Group LLC purchased a new stake in American Water Works Company, Inc. (NYSE:AWK) during the 4th quarter, Holdings Channel reports. The firm purchased 11,950 shares of the utilities provider’s stock, valued at approximately $1,559,000.

Several other large investors have also modified their holdings of AWK. Vanguard Group Inc. boosted its position in American Water Works by 2.3% during the third 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. State Street Corp boosted its position in American Water Works by 1.1% during the third quarter. State Street Corp now owns 11,551,733 shares of the utilities provider’s stock worth $1,607,886,000 after acquiring an additional 120,870 shares during the last quarter. Bank of America Corp DE boosted its position in American Water Works by 3.7% during the third quarter. Bank of America Corp DE now owns 2,779,526 shares of the utilities provider’s stock worth $386,882,000 after acquiring an additional 98,042 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in American Water Works by 383.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,596,125 shares of the utilities provider’s stock worth $361,355,000 after acquiring an additional 2,058,656 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in American Water Works by 2.2% during the fourth quarter. Nordea Investment Management AB now owns 2,219,816 shares of the utilities provider’s stock worth $290,729,000 after acquiring an additional 47,977 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on AWK shares. Wells Fargo & Company decreased their target price on shares of American Water Works from $142.00 to $126.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $117.00 to $139.00 in a research report on Monday, January 12th. Barclays decreased their target price 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. Finally, UBS Group set a $149.00 target price on shares of American Water Works in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $140.89.

American Water Works Stock Down 1.9%

Shares of AWK opened at $135.35 on Wednesday. The firm has a market cap of $26.43 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 3.22 and a beta of 0.74. The company’s fifty day moving average is $133.32 and its two-hundred day moving average is $133.19. American Water Works Company, Inc. has a fifty-two week low of $121.28 and a fifty-two week high of $150.51. 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 announced its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.04). The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. American Water Works had a net margin of 21.61% and a return on equity of 10.38%. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.15 EPS. 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 earnings per share for the current year.

American Water Works Company 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.