Mirae Asset Global Investments Co. Ltd. Grows Stake in American Water Works Company, Inc. $AWK
by Amy Steele · The Cerbat GemMirae Asset Global Investments Co. Ltd. grew its stake in American Water Works Company, Inc. (NYSE:AWK – Free Report) by 21.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,329 shares of the utilities provider’s stock after acquiring an additional 6,370 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in American Water Works were worth $4,741,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Nicholson Wealth Management Group LLC increased its holdings in shares of American Water Works by 4.4% in the 4th quarter. Nicholson Wealth Management Group LLC now owns 12,680 shares of the utilities provider’s stock valued at $1,655,000 after acquiring an additional 535 shares during the period. CWM LLC increased its holdings in shares of American Water Works by 99.1% in the 4th quarter. CWM LLC now owns 40,044 shares of the utilities provider’s stock valued at $5,226,000 after acquiring an additional 19,930 shares during the period. KBC Group NV increased its holdings in shares of American Water Works by 84.0% in the 4th quarter. KBC Group NV now owns 553,066 shares of the utilities provider’s stock valued at $72,175,000 after acquiring an additional 252,459 shares during the period. LBP AM SA increased its holdings in shares of American Water Works by 160.5% in the 4th quarter. LBP AM SA now owns 51,921 shares of the utilities provider’s stock valued at $6,776,000 after acquiring an additional 31,988 shares during the period. Finally, PFG Investments LLC increased its holdings in shares of American Water Works by 0.6% in the 4th quarter. PFG Investments LLC now owns 13,108 shares of the utilities provider’s stock valued at $1,711,000 after acquiring an additional 84 shares during the period. 86.58% of the stock is currently owned by hedge funds and other institutional investors.
Key American Water Works News
Here are the key news stories impacting American Water Works this week:
- Positive Sentiment: Multiple regional subsidiaries issued Earth Day releases highlighting sustainability, source protection, infrastructure investment and community water‑saving tips — supports AWK’s ESG profile and regulatory goodwill. Illinois American Water Celebrates Earth Day California American Water Celebrates Earth Day Iowa American Water Celebrates Earth Day Missouri American Water Celebrates Earth Day Virginia American Water Celebrates Earth Day Maryland American Water Celebrates Earth Day
- Positive Sentiment: Coverage highlighting AWK as one of the more profitable utility stocks and noting recent infrastructure projects (e.g., planned PFAS treatment facilities) reinforces growth via regulated capital spending. Is American Water Works Company, Inc. (AWK) Among the Most Profitable Utility Stocks to Invest In Now?
- Positive Sentiment: Company participation in the U.S. Conference of Mayors Water Council signals active policy/regulatory engagement that can help with rate cases and municipal relationships. American Water Participates in U.S. Conference of Mayors Spring 2026 Water Council Meeting
- Neutral Sentiment: Truist initiated coverage with a “hold” rating and $137 price target (only modest upside vs. current levels), which may have limited near‑term upside catalyst value. Truist Coverage (Benzinga)
- Neutral Sentiment: Missouri American Water highlighted Work Zone Awareness Week — safety/operational communications that are standard for utilities and unlikely to move the stock materially. Missouri American Water Highlights Work Zone Awareness Week
- Neutral Sentiment: Broader media pieces discussing utilities/dividend stocks keep AWK in investor conversations but don’t introduce new company‑specific catalysts. I’d Buy More of These 3 Dividend Stocks Before the Market Figures Out What It’s Missing Is American Water Works Stock in Focus Right Now
American Water Works Stock Down 1.0%
Shares of AWK stock opened at $131.92 on Wednesday. American Water Works Company, Inc. has a 1-year low of $121.28 and a 1-year high of $150.51. The stock’s fifty day moving average price is $134.87 and its 200 day moving average price is $132.99. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.46 and a quick ratio of 0.44. The company has a market cap of $25.76 billion, a price-to-earnings ratio of 23.18, a price-to-earnings-growth ratio of 2.94 and a beta of 0.74.
American Water Works (NYSE:AWK – Get Free Report) last announced its earnings results on Wednesday, February 18th. The utilities provider reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.04). American Water Works had a return on equity of 10.38% and a net margin of 21.61%.The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm earned $1.15 earnings per share. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. American Water Works has set its FY 2026 guidance at 6.020-6.120 EPS. On average, research analysts expect that American Water Works Company, Inc. will post 6.1 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the company. Wall Street Zen downgraded American Water Works from a “sell” rating to a “strong sell” rating in a report on Saturday. Weiss Ratings reiterated a “hold (c)” rating on shares of American Water Works in a report on Friday, March 27th. Barclays lifted their price target on American Water Works from $122.00 to $124.00 and gave the company an “underweight” rating in a report on Monday. Truist Financial initiated coverage on American Water Works in a research note on Tuesday. They set a “hold” rating and a $137.00 target price on the stock. Finally, Bank of America upgraded American Water Works from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $117.00 to $139.00 in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $141.20.
Get Our Latest Report on American Water Works
About American Water Works
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.
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