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M&T Bank Corp Has $25.01 Million Stock Holdings in American Water Works Company, Inc. $AWK
M&T Bank Corp significantly increased its stake in American Water Works Company, Inc. (AWK) by 267.9% in Q4, with its holdings now valued at $25.01 million. The article also notes the first regulatory approval for American Water’s merger with Essential Utilities, which is expected to reduce execution risk, though the company reported a slight EPS miss and issued conservative FY2026 guidance, leading analysts to maintain a “Hold” rating with an average target price of $141.20.