American Water Works Company, Inc. $AWK Holdings Increased by NFJ Investment Group LLC

NFJ Investment Group LLC grew its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 17.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 353,298 shares of the utilities provider's stock after purchasing an additional 52,900 shares during the period. American Water Works comprises approximately 1.8% of NFJ Investment Group LLC's holdings, making the stock its 9th largest holding. NFJ Investment Group LLC owned approximately 0.18% of American Water Works worth $52,119,000 as of its most recent SEC filing.

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Other hedge funds and other institutional investors have also bought and sold shares of the company. PFG Advisors increased its stake in American Water Works by 33.4% in the first quarter. PFG Advisors now owns 9,699 shares of the utilities provider's stock worth $1,431,000 after purchasing an additional 2,429 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in American Water Works by 2.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 124,352 shares of the utilities provider's stock worth $18,344,000 after purchasing an additional 2,570 shares during the period. Brown Advisory Inc. increased its stake in American Water Works by 2.2% in the first quarter. Brown Advisory Inc. now owns 10,547 shares of the utilities provider's stock worth $1,556,000 after purchasing an additional 229 shares during the period. Farther Finance Advisors LLC increased its stake in American Water Works by 45.2% in the first quarter. Farther Finance Advisors LLC now owns 2,326 shares of the utilities provider's stock worth $342,000 after purchasing an additional 724 shares during the period. Finally, Oppenheimer & Co. Inc. increased its stake in American Water Works by 21.5% in the first quarter. Oppenheimer & Co. Inc. now owns 7,692 shares of the utilities provider's stock worth $1,135,000 after purchasing an additional 1,359 shares during the period. Hedge funds and other institutional investors own 86.58% of the company's stock.

American Water Works Price Performance

Shares of NYSE AWK opened at $141.56 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.35. The company has a market cap of $27.62 billion, a PE ratio of 25.51, a P/E/G ratio of 3.33 and a beta of 0.69. The business has a 50-day simple moving average of $142.49 and a two-hundred day simple moving average of $142.26. American Water Works Company, Inc. has a fifty-two week low of $118.74 and a fifty-two week high of $155.50.

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American Water Works (NYSE:AWK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.05). The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.22 billion. American Water Works had a return on equity of 10.34% and a net margin of 21.91%.American Water Works's revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.42 EPS. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. As a group, equities analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 12th were issued a $0.8275 dividend. This represents a $3.31 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, August 12th. American Water Works's dividend payout ratio (DPR) is currently 59.64%.

Wall Street Analysts Forecast Growth

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Several brokerages have recently commented on AWK. Mizuho raised their price target on American Water Works from $148.00 to $149.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. Argus raised their price target on American Water Works from $155.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, August 14th. Wells Fargo & Company cut their price target on American Water Works from $147.00 to $141.00 and set an "equal weight" rating on the stock in a research note on Friday, August 1st. Barclays cut their price target on American Water Works from $138.00 to $128.00 and set an "underweight" rating on the stock in a research note on Thursday, July 10th. Finally, Wall Street Zen lowered American Water Works from a "hold" rating to a "sell" rating in a research note on Wednesday, May 14th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, American Water Works presently has an average rating of "Reduce" and a consensus price target of $143.30.

View Our Latest Stock Report on American Water Works

American Water Works Company Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.

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