American Water Works Company, Inc. (NYSE:AWK – Free Report) – Analysts at Zacks Research lowered their FY2025 EPS estimates for shares of American Water Works in a research note issued on Tuesday, October 29th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $5.69 for the year, down from their previous estimate of $5.70. The consensus estimate for American Water Works’ current full-year earnings is $5.27 per share.
Other equities research analysts have also recently issued research reports about the company. Jefferies Financial Group began coverage on American Water Works in a research note on Monday, October 7th. They set an “underperform” rating and a $124.00 target price for the company. Bank of America reaffirmed an “underperform” rating and set a $140.00 price objective on shares of American Water Works in a research report on Friday, September 20th. Wolfe Research upgraded shares of American Water Works to a “hold” rating in a research note on Wednesday, September 18th. Wells Fargo & Company lowered shares of American Water Works from an “equal weight” rating to an “underweight” rating and increased their target price for the stock from $127.00 to $138.00 in a research note on Wednesday, July 31st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $164.00 price target on shares of American Water Works in a research note on Thursday, September 19th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, American Water Works currently has a consensus rating of “Hold” and an average price target of $140.00.
American Water Works Stock Performance
Shares of American Water Works stock opened at $138.11 on Thursday. The business has a 50-day moving average price of $142.81 and a two-hundred day moving average price of $136.11. American Water Works has a 1-year low of $113.34 and a 1-year high of $150.68. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 1.24. The company has a market cap of $26.91 billion, a P/E ratio of 28.13, a PEG ratio of 3.28 and a beta of 0.69.
American Water Works (NYSE:AWK – Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The utilities provider reported $1.80 earnings per share for the quarter, missing the consensus estimate of $1.84 by ($0.04). The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.20 billion. American Water Works had a return on equity of 9.60% and a net margin of 21.93%.
American Water Works Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Tuesday, November 12th will be paid a $0.765 dividend. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date of this dividend is Tuesday, November 12th. American Water Works’s dividend payout ratio (DPR) is 62.32%.
Insider Buying and Selling at American Water Works
In other news, Director Martha Clark Goss sold 710 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $142.85, for a total transaction of $101,423.50. Following the completion of the sale, the director now directly owns 36,880 shares of the company’s stock, valued at $5,268,308. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.08% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. ORG Partners LLC bought a new position in American Water Works during the 2nd quarter valued at $30,000. Central Pacific Bank Trust Division purchased a new stake in shares of American Water Works in the first quarter valued at about $41,000. Catalyst Capital Advisors LLC lifted its position in shares of American Water Works by 155.6% during the third quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock valued at $44,000 after purchasing an additional 182 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in American Water Works during the second quarter worth about $46,000. Finally, Salomon & Ludwin LLC boosted its holdings in American Water Works by 260.2% during the first quarter. Salomon & Ludwin LLC now owns 389 shares of the utilities provider’s stock worth $48,000 after purchasing an additional 281 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.
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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