Fintel reports that on January 7, 2025, Wells Fargo upgraded their outlook for American Water Works (NYSE:AWK) from Underweight to Equal-Weight.
Analyst Price Forecast Suggests 19.78% Upside
As of December 23, 2024, the average one-year price target for American Water Works is $145.72/share. The forecasts range from a low of $125.24 to a high of $172.20. The average price target represents an increase of 19.78% from its latest reported closing price of $121.65 / share.
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The projected annual revenue for American Water Works is 4,545MM, an increase of 0.66%. The projected annual non-GAAP EPS is 5.56.
What is the Fund Sentiment?
There are 1,745 funds or institutions reporting positions in American Water Works. This is an increase of 43 owner(s) or 2.53% in the last quarter. Average portfolio weight of all funds dedicated to AWK is 0.19%, an increase of 30.22%. Total shares owned by institutions increased in the last three months by 0.49% to 187,644K shares. 
The put/call ratio of AWK is 1.20, indicating a bearish outlook.
What are Other Shareholders Doing?
Aristotle Capital Management holds 6,868K shares representing 3.52% ownership of the company. In its prior filing, the firm reported owning 6,903K shares , representing a decrease of 0.51%. The firm increased its portfolio allocation in AWK by 6.03% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 6,172K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 6,156K shares , representing an increase of 0.26%. The firm increased its portfolio allocation in AWK by 6.62% over the last quarter.
Impax Asset Management Group holds 5,678K shares representing 2.91% ownership of the company. In its prior filing, the firm reported owning 6,902K shares , representing a decrease of 21.56%. The firm decreased its portfolio allocation in AWK by 9.93% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 5,103K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 5,000K shares , representing an increase of 2.02%. The firm increased its portfolio allocation in AWK by 6.34% over the last quarter.
Geode Capital Management holds 4,564K shares representing 2.34% ownership of the company. In its prior filing, the firm reported owning 4,520K shares , representing an increase of 0.96%. The firm decreased its portfolio allocation in AWK by 44.79% over the last quarter.
American Water Works Background Information
(This description is provided by the company.)
ith a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to 15 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to make sure we keep their lives flowing.
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