Top Industrial Stocks of Impax Asset Management Include American Water Works Inc (AWK), Pentair Plc (PNR)

Impax Asset Management has a position of 1.28 million shares in American Water Works Inc (NYSE:AWK). The stake, valued at $69.53 million was increased by some 58,270 shares during the first three months of 2015. American Water Works Inc provides drinking water, wastewater and other water-related services. The company pays a dividend of $0.34 per share, which gives it a yield of 2.57%. Other shareholders of American Water Works Inc (NYSE:AWK) are John Osterweis’ Osterweis Capital Management, Jim Simons’ Renaissance Technologies and Jonathon Jacobson’s Highfields Capital Management.

Ian Simm’s stake in Pentair Plc (NYSE:PNR) amounts to 1.10 million shares, valued at $69.46 million as of the end of March 2015. The company is a worldwide producer and distributor of products such as water & fluid solutions, valves & controls, and technical solutions. Pentair Plc (NYSE:PNR) had revenue of $1.50 billion during the first quarter of 2015 and reported $0.65 in EPS. Larry Robbins’ Glenview Capital, David Gallo’s Valinor Management and the quant fund D E Shaw are other shareholders of Pentair Plc (NYSE:PNR).

Impax’s stake in Watts Water Technologies, Inc (NYSE:WTS) was drained by 23% compared to the previous quarter. The reduced position stood at 1.04 million shares valued at $57.41 million. Watts Water Technologies, Inc (NYSE:WTS) is a designer, manufacturer and seller of water safety and flow control products. The company’s current stock price is $53.92 per share and the dividend yield is 1.26%. Among the funds we track, we found Mario Gabelli’s GAMCO Investors, Jonathon Jacobson’s Highfields Capital Management and Joel Greenblatt’s Gotham Asset Management with positions in Watts Water Technologies, Inc (NYSE:WTS).

Disclosure: None