Edmond DE Rothschild Holding S.A. Makes New Investment in American Water Works Company, Inc. $AWK

Edmond DE Rothschild Holding S.A. purchased a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 47,612 shares of the utilities provider’s stock, valued at approximately $6,265,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empowered Funds LLC grew its holdings in American Water Works by 11.5% in the 1st quarter. Empowered Funds LLC now owns 5,912 shares of the utilities provider’s stock valued at $872,000 after buying an additional 609 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of American Water Works by 40.7% during the first quarter. Woodline Partners LP now owns 16,466 shares of the utilities provider’s stock worth $2,429,000 after buying an additional 4,762 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of American Water Works during the second quarter worth approximately $302,000. Cresset Asset Management LLC boosted its position in shares of American Water Works by 1.5% in the second quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock valued at $816,000 after acquiring an additional 85 shares during the period. Finally, Gamco Investors INC. ET AL boosted its position in shares of American Water Works by 184.4% in the second quarter. Gamco Investors INC. ET AL now owns 5,492 shares of the utilities provider’s stock valued at $764,000 after acquiring an additional 3,561 shares during the period. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Stock Performance

Shares of NYSE AWK opened at $138.49 on Thursday. The business has a fifty day simple moving average of $132.51 and a 200 day simple moving average of $131.41. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $27.52 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 2.75 and a beta of 0.60. American Water Works Company, Inc. has a one year low of $120.57 and a one year high of $147.87.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.53 by $0.08. American Water Works had a return on equity of 10.20% and a net margin of 21.35%.The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same period last year, the business earned $1.48 earnings per share. American Water Works’s quarterly revenue was up 6.2% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. Sell-side analysts expect that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a $0.895 dividend. This represents a $3.58 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 11th. American Water Works’s dividend payout ratio is currently 62.05%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AWK. Truist Financial set a $139.00 target price on shares of American Water Works in a research report on Tuesday, August 4th. UBS Group increased their price target on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Mizuho raised their price target on shares of American Water Works from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Bank of America restated a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of American Water Works in a report on Wednesday, June 24th. One equities 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 stock. According to data from MarketBeat, American Water Works presently has a consensus rating of “Hold” and a consensus target price of $138.78.

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.