Cibc Bancorp USA 13F: Adds $104M to AWK Stake

CIBC Bancorp USA has significantly increased its investment in American Water Works Company, Inc. (NYSE:AWK). According to its latest Form 13F filing with the SEC, the fund boosted its holdings by 790,254 shares, bringing its total to 817,167 shares. This stake is valued at approximately $107.5 million as of the filing date.

What Changed in CIBC Bancorp USA's American Water Works Position

CIBC Bancorp USA's decision to increase its position in American Water Works is notable, with a 2,936.3% increase in shares from the previous 26,913 shares. This substantial addition reflects a strong level of confidence in the utility company's future performance.

Other Institutional Activity in American Water Works

Other institutional investors have shown varied interest in American Water Works. BlackRock, Inc. decreased its holdings slightly by 15,018 shares, ending with 19,513,998 shares valued at about $2.66 billion. Vanguard Capital Management LLC opened a new position with 12,699,771 shares, valued at approximately $1.73 billion. State Street Corp made a modest increase, adding 924 shares to hold a total of 12,038,747 shares worth $1.64 billion. Wellington Management Group LLP significantly increased its stake by 3,936,149 shares, totaling 11,028,906 shares valued at $1.5 billion.

American Water Works Company, Inc. Stock Down 3.2%

Shares of American Water Works (NYSE:AWK) traded near $131.58 on Wednesday. The company has a market capitalization of about $25.7 billion and a P/E ratio of 23.3. Its stock has seen a 52-week low of $120.57 and a high of $147.87, with a 50-day moving average of $126.91 and a 200-day moving average of $131.82. The company's beta is 0.613, indicating lower volatility compared to the broader market.

Recent Earnings

American Water Works reported annual revenue of approximately $5.2 billion, with a revenue growth of 5.7%. The company achieved a net margin of 21.2% and a return on equity of 10.2%. Its next earnings report is scheduled for July 29, 2026.

Dividend

The company pays an annual dividend rate of $3.58 per share, yielding 2.72%. The dividend payout ratio stands at 58.7%.

Insider Buying and Selling at American Water Works Company, Inc.

Several insiders, including Michael Marberry, Karl Kurz, and Stuart McGuigan, purchased shares on May 13, 2026. Each insider bought 1,374 shares, with no specified average price, indicating potential confidence in the company's prospects.

Analysts Set New Price Targets

On May 29, 2026, UBS upgraded American Water Works to a 'buy' with a price target of $140. Truist Securities maintained its 'hold' rating with a target of $130. B of A Securities also maintained a 'hold' rating, setting a target price of $134. Currently, the consensus among analysts is to hold the stock, with a mean target price of $135.55.

About American Water Works

American Water Works Company, Inc., based in Camden, New Jersey, is a leading utility company providing water and wastewater services across the United States. It operates numerous water and wastewater treatment facilities and serves a wide range of customers, including residential, commercial, and industrial clients. With a history dating back to 1886, the company employs around 7,000 people and is led by CEO John C. Griffith.

Bottom Line

CIBC Bancorp USA's significant increase in its stake in American Water Works highlights growing institutional interest in the company. While insider purchases suggest confidence, the company's stable financial performance and recent analyst ratings provide additional context for investors. As always, the latest 13F filings reflect past positions and may not indicate current holdings.