American Water Works Company, Inc. $AWK Stake Increased by Evergreen Capital Management LLC

Evergreen Capital Management LLC grew its stake in American Water Works Company, Inc. (NYSE:AWK) by 5,915.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,128 shares of the utilities provider’s stock after acquiring an additional 99,447 shares during the quarter. Evergreen Capital Management LLC’s holdings in American Water Works were worth $13,267,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of American Water Works in the second quarter valued at about $2,712,173,000. GQG Partners LLC acquired a new position in American Water Works in the 2nd quarter valued at about $1,171,477,000. Wellington Management Group LLP boosted its holdings in American Water Works by 35.2% in the 2nd quarter. Wellington Management Group LLP now owns 14,911,963 shares of the utilities provider’s stock valued at $1,962,116,000 after purchasing an additional 3,883,057 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of American Water Works in the 2nd quarter valued at approximately $443,787,000. Finally, Bank of America Corp DE purchased a new stake in shares of American Water Works in the 2nd quarter valued at approximately $367,632,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Trading Down 0.3%

Shares of AWK stock opened at $142.83 on Friday. American Water Works Company, Inc. has a 1-year low of $120.57 and a 1-year high of $144.14. The firm has a market cap of $28.38 billion, a PE ratio of 24.75, a price-to-earnings-growth ratio of 2.91 and a beta of 0.58. The company has a 50-day moving average of $135.13 and a two-hundred day moving average of $131.97. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.52 and a quick ratio of 0.49.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.08. American Water Works had a net margin of 21.35% and a return on equity of 10.20%. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the previous year, the firm earned $1.48 EPS. The business’s revenue 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, analysts predict that American Water Works Company, Inc. will post 6.08 EPS for the current year.

American Water Works Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a $0.8950 dividend. This represents a $3.58 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, August 11th. American Water Works’s dividend payout ratio (DPR) is 62.05%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on AWK shares. 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 report on Friday, July 31st. Weiss Ratings upgraded American Water Works from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 2nd. Truist Financial set a $139.00 target price on American Water Works in a research note on Tuesday, August 4th. Wall Street Zen upgraded American Water Works from a “strong sell” rating to a “sell” rating in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. lifted their target price on American Water Works from $138.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, American Water Works currently has a consensus rating of “Hold” and an average target price of $136.75.

About American Water Works

American Water Works Company, Inc is a public water and wastewater utility that provides essential services to residential, commercial, industrial and institutional customers. Through its regulated businesses, the company supplies drinking water, collects and treats wastewater, and manages related infrastructure, including treatment plants, pipelines, storage facilities and customer service systems.

Founded in 1886, American Water has grown into one of the largest water and wastewater service providers in the United States.