What is Seaport Res Ptn’s Estimate for AWK FY2027 Earnings?

American Water Works Company, Inc. (NYSE:AWK) – Seaport Res Ptn lifted their FY2027 earnings estimates for American Water Works in a note issued to investors on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $6.66 for the year, up from their prior estimate of $6.62. The consensus estimate for American Water Works’ current full-year earnings is $5.71 per share. Seaport Res Ptn also issued estimates for American Water Works’ FY2028 earnings at $7.18 EPS.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.05). The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. American Water Works had a return on equity of 10.35% and a net margin of 22.24%. The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $1.42 earnings per share.

A number of other equities analysts have also issued reports on the stock. Evercore ISI raised their target price on shares of American Water Works from $139.00 to $148.00 and gave the stock an “in-line” rating in a research report on Friday, May 2nd. UBS Group restated a “neutral” rating and set a $156.00 target price (up from $154.00) on shares of American Water Works in a research report on Friday, July 11th. Barclays lowered their price objective on shares of American Water Works from $138.00 to $128.00 and set an “underweight” rating on the stock in a research report on Thursday, July 10th. Wall Street Zen lowered shares of American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, May 14th. Finally, Wells Fargo & Company lifted their price objective on shares of American Water Works from $142.00 to $147.00 and gave the company an “equal weight” rating in a research report on Friday, May 2nd. Four analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, American Water Works currently has an average rating of “Hold” and a consensus target price of $141.67.

American Water Works Stock Performance

Shares of AWK opened at $139.93 on Wednesday. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.26. The firm has a market cap of $27.29 billion, a PE ratio of 25.49, a price-to-earnings-growth ratio of 3.34 and a beta of 0.69. The company’s 50 day simple moving average is $141.23 and its 200-day simple moving average is $138.83. American Water Works has a 12-month low of $118.74 and a 12-month high of $155.50.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 12th will be issued a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a yield of 2.37%. American Water Works’s dividend payout ratio (DPR) is currently 60.29%.

Insider Buying and Selling

In other American Water Works news, CAO Melissa K. Wikle sold 2,825 shares of the firm’s stock in a transaction on Friday, May 30th. The stock was sold at an average price of $143.28, for a total value of $404,766.00. Following the completion of the sale, the chief accounting officer owned 7,572 shares of the company’s stock, valued at approximately $1,084,916.16. This trade represents a 27.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.11% of the company’s stock.

Institutional Investors Weigh In On American Water Works

A number of hedge funds and other institutional investors have recently bought and sold shares of AWK. Price T Rowe Associates Inc. MD lifted its holdings in American Water Works by 881.1% in the first 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 acquiring an additional 3,327,352 shares during the period. Pictet Asset Management Holding SA lifted its holdings in American Water Works by 24.1% in the first quarter. Pictet Asset Management Holding SA now owns 4,532,131 shares of the utilities provider’s stock valued at $668,566,000 after acquiring an additional 878,951 shares during the period. Groupama Asset Managment lifted its holdings in American Water Works by 114.3% in the first quarter. Groupama Asset Managment now owns 1,505,106 shares of the utilities provider’s stock valued at $2,296,000 after acquiring an additional 802,639 shares during the period. Bank of America Corp DE lifted its holdings in American Water Works by 38.4% in the fourth quarter. Bank of America Corp DE now owns 2,695,734 shares of the utilities provider’s stock valued at $335,592,000 after acquiring an additional 747,316 shares during the period. Finally, Nuveen LLC acquired a new stake in American Water Works in the first quarter valued at $103,053,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

About American Water Works

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.