Amundi 13F: Adds $24M to American Water Works (AWK) Stake

Amundi Increases Stake in American Water Works

Amundi has boosted its position in American Water Works Company, Inc. (AWK) on May 18, 2026, adding 179,127 shares. This raises Amundi's total holdings to 4,351,056 shares, valued at approximately $572.5 million based on a share price of $131.58 at the time of publication.

What Changed in Amundi's Position

Amundi increased its stake by 4.3%, growing its holdings from 4,171,929 shares to 4,351,056 shares. This move reflects Amundi's ongoing commitment to the utility sector, particularly in water services.

Institutional Activity in American Water Works

No other institutional funds reported changes in their positions in American Water Works during this filing period. However, it's worth noting that CIBC Bancorp USA significantly increased its stake by adding 790,254 shares just days before Amundi's filing. Meanwhile, Aristotle Capital Management trimmed its holdings by 196,093 shares, showing mixed activity among major investors in the company.

Stock Performance and Market Context

American Water Works shares are currently trading at $131.58, which is below its 52-week high of $145.64. The stock has been fluctuating around its 50-day moving average of $136.20, indicating some volatility in the market. Investors will be watching closely to see how the stock performs following Amundi's increased stake.

Analysts Set New Price Targets

Analysts maintain a mixed outlook on American Water Works. On October 16, 2026, UBS maintained a 'Buy' rating with a price target of $153. Earlier, on September 10, UBS also had a 'Buy' rating but with a slightly higher target of $162. Truist Securities has a 'Hold' rating with a target of $138, while Mizuho rates it as 'Neutral' with a target of $140. The consensus among 11 analysts is a 'Hold' rating with an average price target of $141.45.

What American Water Works Company, Inc. Does

American Water Works Company, Inc. provides water and wastewater services across the United States, serving about 3.6 million customers. The company operates numerous treatment plants and water facilities, making it a key player in the utilities sector.

What's Ahead for American Water Works Company, Inc.

The next earnings report for American Water Works is scheduled for October 28, 2026. The filing reflects holdings as of May 18, 2026, and may not represent Amundi's current position. Investors will be keen to see how the company performs in upcoming quarters, especially following recent institutional activity.