Genus Capital Management Inc. Sells 4,390 Shares of American Water Works Company, Inc. $AWK

Genus Capital Management Inc. trimmed its stake in American Water Works Company, Inc. (NYSE:AWK) by 26.3% in the 4th quarter, HoldingsChannel reports. The fund owned 12,300 shares of the utilities provider’s stock after selling 4,390 shares during the quarter. Genus Capital Management Inc.’s holdings in American Water Works were worth $1,605,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. raised its position in shares of American Water Works by 2.0% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 3,856 shares of the utilities provider’s stock worth $537,000 after acquiring an additional 77 shares in the last quarter. SeaCrest Wealth Management LLC raised its position in shares of American Water Works by 3.5% in the 4th quarter. SeaCrest Wealth Management LLC now owns 2,269 shares of the utilities provider’s stock worth $289,000 after acquiring an additional 77 shares in the last quarter. Peddock Capital Advisors LLC grew its stake in American Water Works by 2.9% during the 4th quarter. Peddock Capital Advisors LLC now owns 2,824 shares of the utilities provider’s stock worth $369,000 after buying an additional 79 shares during the last quarter. Salomon & Ludwin LLC increased its position in American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after buying an additional 81 shares in the last quarter. Finally, Faithward Advisors LLC increased its position in American Water Works by 5.4% during the 3rd quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock valued at $223,000 after buying an additional 82 shares in the last quarter. 86.58% of the stock is owned by institutional investors.

American Water Works Stock Up 0.1%

American Water Works stock opened at $125.31 on Monday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37. The business’s 50-day simple moving average is $132.44 and its two-hundred day simple moving average is $131.30. The company has a market cap of $24.47 billion, a PE ratio of 22.22, a PEG ratio of 2.72 and a beta of 0.64. American Water Works Company, Inc. has a fifty-two week low of $121.28 and a fifty-two week high of $147.87.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.09). The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.17 billion. American Water Works had a net margin of 21.17% and a return on equity of 10.20%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.05 EPS. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Equities analysts anticipate that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th will be paid a dividend of $0.895 per share. This represents a $3.58 annualized dividend and a yield of 2.9%. The ex-dividend date is Tuesday, May 12th. This is a boost from American Water Works’s previous quarterly dividend of $0.83. American Water Works’s dividend payout ratio (DPR) is presently 63.48%.

Wall Street Analyst Weigh In

AWK has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. Truist Financial initiated coverage on American Water Works in a research report on Tuesday, April 21st. They set a “hold” rating and a $137.00 target price on the stock. Barclays upped their target price on American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a research report on Monday, April 20th. Wells Fargo & Company set a $131.00 target price on American Water Works in a research report on Tuesday, April 21st. Finally, UBS Group reduced their target price on American Water Works from $149.00 to $137.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, American Water Works has a consensus rating of “Hold” and an average price target of $138.56.

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.