Lombard Odier Expands Portfolio with Q2 Stock Buys

Lombard Odier Asset Management Europe Ltd disclosed new or expanded positions in five companies during the second quarter, spanning Cameco, PTC, American Water Works, Canadian Pacific Kansas City, and AECOM, with share counts and estimated values noted for each. In Cameco, the firm purchased 116,273 shares worth about $11.84 million, alongside a broader set of institutional investors adjusting holdings in the stock. For PTC, it acquired 30,651 shares valued at roughly $3.48 million amid ongoing institutional activity and divergent analyst assessments. The investment in American Water Works totaled 36,205 shares for around $4.76 million, with other hedge funds also increasing or shifting stakes in the utilities provider. Canadian Pacific Kansas City saw a new position of 106,459 shares valued at about $9.22 million, joined by several other large investors altering their holdings. Finally, the firm bought 60,057 shares of AECOM for about $4.19 million, amid a broader pattern of institutional interest in the infrastructure and engineering services stock.