
Watts Water Technologies, Inc. (NYSE:WTS – Free Report) – KeyCorp raised their FY2025 earnings estimates for shares of Watts Water Technologies in a research report issued to clients and investors on Tuesday, January 20th. KeyCorp analyst J. Hammond now forecasts that the technology company will earn $10.32 per share for the year, up from their prior estimate of $10.30. KeyCorp has a “Overweight” rating and a $340.00 price objective on the stock. The consensus estimate for Watts Water Technologies’ current full-year earnings is $9.08 per share. KeyCorp also issued estimates for Watts Water Technologies’ Q4 2025 earnings at $2.36 EPS and FY2026 earnings at $11.40 EPS.
Watts Water Technologies (NYSE:WTS – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.21. Watts Water Technologies had a net margin of 13.79% and a return on equity of 18.31%. The firm had revenue of $611.70 million for the quarter, compared to the consensus estimate of $576.20 million. During the same quarter in the previous year, the company earned $2.03 EPS. The company’s revenue for the quarter was up 12.5% on a year-over-year basis.
View Our Latest Research Report on WTS
Watts Water Technologies Price Performance
WTS stock opened at $299.31 on Thursday. The company has a quick ratio of 1.84, a current ratio of 2.83 and a debt-to-equity ratio of 0.10. The firm has a market cap of $9.98 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 2.82 and a beta of 1.24. The company’s fifty day simple moving average is $280.75 and its 200 day simple moving average is $274.80. Watts Water Technologies has a 12-month low of $177.59 and a 12-month high of $306.01.
Institutional Trading of Watts Water Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WTS. MTM Investment Management LLC purchased a new stake in shares of Watts Water Technologies in the second quarter worth approximately $25,000. Wexford Capital LP purchased a new stake in Watts Water Technologies in the 3rd quarter valued at $26,000. Advisory Services Network LLC purchased a new stake in Watts Water Technologies in the 3rd quarter valued at $29,000. Cullen Frost Bankers Inc. lifted its stake in Watts Water Technologies by 156.9% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 131 shares of the technology company’s stock valued at $32,000 after acquiring an additional 80 shares in the last quarter. Finally, Stance Capital LLC purchased a new position in Watts Water Technologies during the 3rd quarter worth $62,000. 95.02% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Watts Water Technologies news, major shareholder Timothy P. Horne sold 6,814 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $272.32, for a total transaction of $1,855,588.48. Following the transaction, the insider owned 15,000 shares in the company, valued at approximately $4,084,800. This represents a 31.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Virginia A. Halloran sold 605 shares of Watts Water Technologies stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $276.78, for a total transaction of $167,451.90. Following the transaction, the chief accounting officer owned 13,412 shares of the company’s stock, valued at $3,712,173.36. This represents a 4.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,605 shares of company stock valued at $4,296,387 in the last 90 days. 1.00% of the stock is currently owned by company insiders.
Watts Water Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were given a $0.52 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $2.08 annualized dividend and a yield of 0.7%. Watts Water Technologies’s dividend payout ratio (DPR) is presently 21.47%.
Watts Water Technologies Company Profile
Watts Water Technologies, Inc is a global manufacturer and distributor of flow control products and solutions designed to ensure the safe, efficient delivery and use of water. Founded in 1874 and headquartered in North Andover, Massachusetts, the company has built a reputation for engineering innovation in residential, commercial and industrial plumbing, heating, cooling and water treatment systems. Watts operates through a comprehensive portfolio of brands and product lines that address application-specific requirements in water safety, pressure regulation, flow control and filtration.
The company’s product offerings span backflow preventers, pressure reducing valves, relief valves and steam traps, as well as hydronic balancing and temperature control devices for heating systems.
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