Public Employees Retirement System of Ohio Invests $7.31 Million in American Water Works Company, Inc. $AWK

Public Employees Retirement System of Ohio bought a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 55,549 shares of the utilities provider’s stock, valued at approximately $7,309,000.

Other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc increased its stake in American Water Works by 6.6% during the second quarter. Versant Capital Management Inc now owns 1,199 shares of the utilities provider’s stock worth $158,000 after acquiring an additional 74 shares during the last quarter. Faithward Advisors LLC lifted its stake in shares of American Water Works by 5.4% in the 3rd 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 last quarter. Cresset Asset Management LLC boosted its holdings in shares of American Water Works by 1.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,865 shares of the utilities provider’s stock worth $816,000 after purchasing an additional 85 shares during the period. Transamerica Financial Advisors LLC boosted its holdings in shares of American Water Works by 82.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 199 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 90 shares during the period. Finally, Focused Wealth Management Inc increased its position in shares of American Water Works by 4.1% during the 1st quarter. Focused Wealth Management Inc now owns 2,376 shares of the utilities provider’s stock valued at $323,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on AWK shares. Bank of America restated a “neutral” rating on shares of American Water Works in a report on Thursday, July 16th. UBS Group boosted their price objective on shares of American Water Works from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. 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. Barclays raised 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. Finally, Truist Financial set a $139.00 price target on shares of American Water Works in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $138.78.

American Water Works Price Performance

AWK opened at $137.25 on Wednesday. The business has a fifty day moving average of $134.61 and a 200 day moving average of $132.19. American Water Works Company, Inc. has a 52-week low of $120.57 and a 52-week high of $145.64. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.20. The stock has a market cap of $27.28 billion, a P/E ratio of 23.79, a PEG ratio of 2.82 and a beta of 0.59.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share for the quarter, topping 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 analyst estimates of $1.33 billion. During the same quarter last year, the firm posted $1.48 earnings per share. The business’s 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. As a group, sell-side analysts anticipate that American Water Works Company, Inc. will post 6.09 EPS for the current year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a $0.895 dividend. This represents a $3.58 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) 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.