12,000 Shares in American Water Works Company, Inc. $AWK Bought by Ally Financial Inc.

Ally Financial Inc. acquired a new position in American Water Works Company, Inc. (NYSE:AWK) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 12,000 shares of the utilities provider’s stock, valued at approximately $1,566,000.

Several other large investors also recently modified their holdings of AWK. Oppenheimer Asset Management Inc. grew its holdings in American Water Works by 2.0% during the third quarter. Oppenheimer Asset Management Inc. now owns 3,856 shares of the utilities provider’s stock valued at $537,000 after purchasing an additional 77 shares during the period. SeaCrest Wealth Management LLC grew its holdings in American Water Works by 3.5% during the fourth quarter. SeaCrest Wealth Management LLC now owns 2,269 shares of the utilities provider’s stock valued at $289,000 after purchasing an additional 77 shares during the period. Peddock Capital Advisors LLC grew its holdings in American Water Works by 2.9% during the fourth quarter. Peddock Capital Advisors LLC now owns 2,824 shares of the utilities provider’s stock valued at $369,000 after purchasing an additional 79 shares during the period. Salomon & Ludwin LLC grew its holdings in American Water Works by 71.7% during the fourth quarter. Salomon & Ludwin LLC now owns 194 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 81 shares during the period. Finally, Faithward Advisors LLC grew its holdings in American Water Works by 5.4% during the third quarter. Faithward Advisors LLC now owns 1,602 shares of the utilities provider’s stock valued at $223,000 after purchasing an additional 82 shares during the period. Institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

NYSE:AWK opened at $126.25 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.34 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $24.65 billion, a P/E ratio of 22.38, a P/E/G ratio of 2.74 and a beta of 0.62. American Water Works Company, Inc. has a 12 month low of $120.57 and a 12 month high of $147.87. The business’s 50-day moving average is $128.50 and its 200 day moving average is $130.65.

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

American Water Works Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 12th were given a dividend of $0.895 per share. This represents a $3.58 dividend on an annualized basis and a yield of 2.8%. This is a boost from American Water Works’s previous quarterly dividend of $0.83. The ex-dividend date was Tuesday, May 12th. American Water Works’s dividend payout ratio (DPR) is currently 63.48%.

Analysts Set New Price Targets

AWK has been the subject of several recent research reports. Wells Fargo & Company set a $131.00 price target on American Water Works in a report on Tuesday, April 21st. Truist Financial dropped their price objective on American Water Works from $137.00 to $130.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Bank of America dropped their price objective on American Water Works from $147.00 to $134.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $137.00 to $140.00 in a research note on Friday, May 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Water Works in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $138.11.

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.