American Water Works Company, Inc. $AWK Stock Position Reduced by Cibc World Market Inc.

Cibc World Market Inc. lessened its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 19.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,281 shares of the utilities provider’s stock after selling 5,529 shares during the quarter. Cibc World Market Inc.’s holdings in American Water Works were worth $3,038,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Salomon & Ludwin LLC raised its position in shares of American Water Works by 71.7% during the 4th quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 81 shares during the period. Atlantic Union Bankshares Corp raised its position in shares of American Water Works by 803.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 289 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 257 shares during the period. Midwest Capital Advisors LLC acquired a new stake in shares of American Water Works during the 4th quarter worth approximately $39,000. Elevation Wealth Partners LLC acquired a new stake in shares of American Water Works during the 4th quarter worth approximately $40,000. Finally, Clayton Financial Group LLC acquired a new stake in shares of American Water Works during the 4th quarter worth approximately $40,000. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Down 1.6%

Shares of AWK stock opened at $122.53 on Tuesday. American Water Works Company, Inc. has a 1 year low of $120.57 and a 1 year high of $147.87. The stock has a market cap of $23.93 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 2.70 and a beta of 0.62. The business’s fifty day moving average is $129.43 and its 200-day moving average is $130.77. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.37.

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

American Water Works Increases Dividend

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a research report on Friday, March 27th. Barclays increased their price target on American Water Works from $122.00 to $124.00 and gave the stock an “underweight” rating in a research report on Monday, April 20th. Bank of America dropped their price target on American Water Works from $147.00 to $134.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Truist Financial dropped their price target on American Water Works from $137.00 to $130.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Finally, Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 26th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, American Water Works currently has an average rating of “Hold” and a consensus target price of $138.11.

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.