Van Hulzen Asset Management LLC Acquires New Shares in American Water Works Company, Inc. $AWK

Van Hulzen Asset Management LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 43,572 shares of the utilities provider’s stock, valued at approximately $5,733,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cbre Investment Management Listed Real Assets LLC raised its holdings in American Water Works by 82.7% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 21,430 shares of the utilities provider’s stock worth $2,797,000 after purchasing an additional 9,698 shares during the period. Louisiana State Employees Retirement System acquired a new position in shares of American Water Works during the first quarter worth about $1,347,000. Generali Asset Management SPA SGR grew its stake in shares of American Water Works by 73.8% during the 4th quarter. Generali Asset Management SPA SGR now owns 25,338 shares of the utilities provider’s stock worth $3,307,000 after acquiring an additional 10,760 shares in the last quarter. Capital Innovations LLC acquired a new stake in American Water Works in the 4th quarter valued at $4,700,000. Finally, Erste Asset Management GmbH lifted its position in American Water Works by 25.9% during the 4th quarter. Erste Asset Management GmbH now owns 69,893 shares of the utilities provider’s stock worth $9,142,000 after buying an additional 14,363 shares in the last quarter. Institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AWK shares. Mizuho raised their price target on American Water Works from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Truist Financial set a $139.00 price objective on American Water Works in a research note on Tuesday, August 4th. JPMorgan Chase & Co. increased their price objective on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Wall Street Zen raised shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. Finally, Barclays boosted their target price on shares of American Water Works from $124.00 to $130.00 and gave the stock an “underweight” rating in a report on Wednesday, July 15th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $138.78.

American Water Works Stock Performance

AWK opened at $139.90 on Tuesday. American Water Works Company, Inc. has a 12-month low of $120.57 and a 12-month high of $146.29. The stock has a market cap of $27.80 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 2.76 and a beta of 0.60. The business has a 50 day moving average of $133.22 and a 200-day moving average of $131.64. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the prior year, the business earned $1.48 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, equities research analysts expect that American Water Works Company, Inc. will post 6.09 earnings per share for the current year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued 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 payout ratio is currently 62.05%.

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.