Partners Group Holding AG Has $58.14 Million Stock Holdings in American Water Works Company, Inc. $AWK

by · The Cerbat Gem

Partners Group Holding AG reduced its position in shares of American Water Works Company, Inc. (NYSE:AWK – Free Report) by 10.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 417,923 shares of the utilities provider’s stock after selling 46,510 shares during the period. American Water Works accounts for approximately 2.7% of Partners Group Holding AG’s holdings, making the stock its 7th biggest position. Partners Group Holding AG’s holdings in American Water Works were worth $58,137,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in American Water Works by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 25,248,263 shares of the utilities provider’s stock valued at $3,724,624,000 after purchasing an additional 141,038 shares during the period. Pictet Asset Management Holding SA boosted its holdings in American Water Works by 24.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,532,131 shares of the utilities provider’s stock valued at $668,566,000 after purchasing an additional 878,951 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in American Water Works by 881.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,704,995 shares of the utilities provider’s stock valued at $546,562,000 after purchasing an additional 3,327,352 shares during the period. Northern Trust Corp boosted its holdings in American Water Works by 3.6% in the 1st quarter. Northern Trust Corp now owns 3,479,406 shares of the utilities provider’s stock valued at $513,282,000 after purchasing an additional 121,680 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in American Water Works by 1.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,270,420 shares of the utilities provider’s stock valued at $323,671,000 after purchasing an additional 24,239 shares during the period. 86.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on AWK shares. Weiss Ratings reissued a “hold (c+)” rating on shares of American Water Works in a report on Wednesday, October 8th. Argus increased their price target on shares of American Water Works from $155.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, August 14th. TD Cowen started coverage on shares of American Water Works in a report on Thursday, October 16th. They issued a “hold” rating and a $155.00 price target for the company. UBS Group reduced their price target on shares of American Water Works from $156.00 to $151.00 and set a “neutral” rating for the company in a report on Tuesday, August 12th. Finally, Mizuho set a $145.00 price objective on shares of American Water Works in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $145.38.

Check Out Our Latest Stock Analysis on AWK

American Water Works Trading Down 1.9%

Shares of AWK stock opened at $126.05 on Tuesday. American Water Works Company, Inc. has a 52-week low of $118.74 and a 52-week high of $155.50. The stock has a market cap of $24.60 billion, a price-to-earnings ratio of 22.15, a P/E/G ratio of 2.84 and a beta of 0.70. 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 firm has a fifty day moving average of $138.96 and a 200-day moving average of $141.37.

American Water Works (NYSE:AWK – Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.04. American Water Works had a net margin of 21.93% and a return on equity of 10.57%. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the prior year, the company posted $1.80 EPS. The business’s revenue was up 9.7% on a year-over-year basis. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. FY 2026 guidance at 6.020-6.120 EPS. On average, equities research analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Thursday, November 13th will be given a dividend of $0.8275 per share. The ex-dividend date is Thursday, November 13th. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.6%. American Water Works’s dividend payout ratio (DPR) is 58.17%.

American Water Works Company Profile

(Free Report)

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.

See Also

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