43,453 American Water Works Company, Inc. $AWK Shares Bought by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA raised its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 86.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,443 shares of the utilities provider’s stock after purchasing an additional 43,453 shares during the quarter. American Water Works accounts for 1.3% of Middleton & Co. Inc. MA’s portfolio, making the stock its 24th largest holding. Middleton & Co. Inc. MA’s holdings in American Water Works were worth $12,098,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Simplicity Wealth LLC bought a new stake in American Water Works in the third quarter valued at $225,000. Evergreen Capital Management LLC lifted its holdings in shares of American Water Works by 5,915.9% during the third quarter. Evergreen Capital Management LLC now owns 101,128 shares of the utilities provider’s stock valued at $13,267,000 after acquiring an additional 99,447 shares during the period. Gibbs Wealth Management lifted its holdings in shares of American Water Works by 1.8% during the third quarter. Gibbs Wealth Management now owns 7,519 shares of the utilities provider’s stock valued at $973,000 after acquiring an additional 130 shares during the period. RWC Asset Management LLP lifted its holdings in shares of American Water Works by 0.3% during the third quarter. RWC Asset Management LLP now owns 40,005 shares of the utilities provider’s stock valued at $5,179,000 after acquiring an additional 122 shares during the period. Finally, Farmers & Merchants Investments Inc. grew its holdings in shares of American Water Works by 73.1% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 232 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 98 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on AWK shares. Bank of America reiterated a “neutral” rating on shares of American Water Works in a research report on Thursday, July 16th. Barclays reduced their price target on shares of American Water Works from $130.00 to $127.00 and set an “underweight” rating on the stock in a research report on Monday, October 19th. Truist Financial set a $139.00 price objective on shares of American Water Works in a research note on Tuesday, August 4th. Wall Street Zen upgraded shares of American Water Works from a “strong sell” rating to a “sell” rating in a research note on Monday, August 3rd. Finally, UBS Group reduced their target price on American Water Works from $162.00 to $153.00 and set a “buy” rating on the stock in a report on Friday, October 16th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $136.75.

American Water Works Price Performance

Shares of AWK stock opened at $142.83 on Friday. The stock’s fifty day moving average is $135.13 and its 200-day moving average is $131.97. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.49 and a current ratio of 0.52. The stock has a market capitalization of $28.38 billion, a PE ratio of 24.75, a PEG ratio of 2.91 and a beta of 0.58. American Water Works Company, Inc. has a 52 week low of $120.57 and a 52 week high of $144.14.

American Water Works (NYSE:AWK) last announced its 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 company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period last year, the company posted $1.48 earnings per share. The firm’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. Equities research analysts expect that American Water Works Company, Inc. will post 6.08 EPS for the current fiscal year.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were issued a dividend of $0.8950 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $3.58 dividend on an annualized basis and a yield of 2.5%. American Water Works’s dividend payout ratio is currently 62.05%.

American Water Works Profile

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.