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Watts Water (WTS) Carrying a Favorable Sentiment After Becton Dickinson Deal
Yahoo Finance· 2026-02-06 08:45
Watts Water Technologies (NYSE:WTS) is one of the 15 best Industrial Machinery and Supplies stocks to buy according to Hedge Funds. On January 27, HSBC analyst Sidharth Sahoo initiated coverage of Watts Water (NYSE: WTS), assigning a Buy rating and a $460 price target. This results in a potential upside of nearly 51% from the prevailing level. Targa Resources Signals Steady Leadership and Smart Liquidity Moves Amid Market Volatility QiuJu Song/Shutterstock.com The analyst anticipates potential synergie ...
KeyBanc Calls Watts Water Technologies’ 2026 Outlook “Too Compelling to Ignore”
Yahoo Finance· 2026-02-03 10:49
Watts Water Technologies, Inc. (NYSE:WTS) ranks among the mid-cap stocks to buy according to top investors. On January 21, KeyBanc raised Watts Water Technologies, Inc. (NYSE:WTS) from Sector Weight to Overweight, with a target price of $340. The revision follows KeyBanc’s evaluation of coverage through 2026 and discussions with Watts Waters executives in December. KeyBanc says Watts Waters’ outlook for 2026 is “too compelling to ignore,” especially given the stock’s subdued response to positive revision ...
Gabelli Hosts 36th Annual Pump, Valve, and Water Systems Symposium
Globenewswire· 2026-01-27 13:00
GREENWICH, Conn., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host its 36th Annual Pump, Valve, & Water Systems Symposium at Convene 530 Fifth Avenue in New York, NY on Thursday, February 26th, 2026. The event will feature discussions with leading companies and organizations across the industrial landscape, with an emphasis on critical infrastructure, aerospace and defense, machine tools, and the oil and gas industry. Attendees will also have the opportunity to meet with management in a one-o ...
Watts Water Technologies, Inc. Announces Fourth Quarter and Full Year 2025 Earnings Release and Earnings Conference Call
Businesswire· 2026-01-15 15:30
Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions to control the efficiency, safety, and quality of water within commercial, residential, and industrial applications. For more information visit www.watts.com. NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Wat ...
Watts Water Up 40% in a Year: How to Approach the Stock Now?
ZACKS· 2025-12-30 16:15
Core Insights - Watts Water Technologies, Inc. (WTS) has experienced a 40.1% increase in share price over the past year, significantly outperforming the Zacks Manufacturing - General Industrial industry's growth of 11% and the S&P 500 composite's growth of 21.7% [1] Acquisitions and Growth Drivers - The company has strengthened its portfolio through strategic acquisitions, including Saudi Cast, which generates approximately $20 million in annualized sales, and Superior Boiler, with about $60 million in annualized sales [4][5] - In Q3 2025, acquisitions such as Haws Corporation and EasyWater contributed approximately $11 million, or about 3%, to reported growth in the Americas [6] - For Q4 2025, management expects around $20 million in incremental regional sales from the combined impact of recent acquisitions [6] Digital Initiatives and Margin Expansion - Watts Water is enhancing organic growth and margin expansion through new product development and geographic expansion, including the launch of smart and connected products [7][8] - The company aims for an adjusted operating margin of 17% to 17.5% for Q4 2025, reflecting a year-over-year growth of 20-70 basis points [9] - For 2025, the adjusted operating margin is projected to be between 19.1% and 19.2%, an increase of 140-150 basis points from previous guidance [10] Sales Projections and Market Challenges - Reported sales for 2025 are expected to rise by 7% to 8%, with organic sales anticipated to increase by 4% to 5% [10] - The European segment is facing challenges, with a projected sales decline of 6% to 5% for 2025, attributed to lower volumes and ongoing market weakness [11] Valuation and Investment Appeal - The stock trades at a price-to-book (P/B) ratio of 4.82, which is below the industry average of 8.14, indicating potential undervaluation [12] - With strong cash flow, acquisition synergies, and margin expansion, the company presents an attractive investment opportunity despite near-term headwinds [13]
Watts Named a Top Place to Work by The Boston Globe
Businesswire· 2025-12-03 17:07
Core Insights - Watts Water Technologies, Inc. has been recognized as one of the Top Places to Work in Massachusetts for the third consecutive year, as voted by employees [1] - The recognition is based on employee feedback regarding various aspects of the workplace, including company direction, management, and benefits [1] - The survey was conducted by Energage, collecting responses from nearly 120,000 employees across 314 organizations in Massachusetts [1] Company Commitment - The CEO, Robert J. Pagano, Jr., emphasized the importance of employee passion and dedication to the company's success and commitment to providing a meaningful employee experience [1] - The Chief Human Resources Officer, Monica Barry, highlighted the company's focus on fostering a positive workplace culture and a people-first strategy [1] Industry Context - Watts Water Technologies is a global manufacturer headquartered in the USA, offering a wide range of plumbing, heating, and water quality products [1] - The company aims to provide innovative solutions to enhance the efficiency, safety, and quality of water in various applications, including commercial, residential, and industrial [1]
Watts Water Technologies, Inc. Completes Acquisition of Saudi Cast
Businesswire· 2025-12-01 14:15
Core Insights - Watts Water Technologies, Inc. has completed the acquisition of Saudi Cast, a manufacturer of cast iron and stainless steel drainage solutions located in Riyadh, Saudi Arabia, enhancing its presence in the Middle East [1][2] - Saudi Cast has annualized sales of approximately $20 million and will be integrated into the Asia-Pacific, Middle East, and Africa (APMEA) region [1] - The acquisition was funded with cash on hand, indicating a strong liquidity position for Watts [1] Company Overview - Watts Water Technologies, Inc. is a leading manufacturer and provider of plumbing, heating, and water quality products and solutions, focusing on innovative and sustainable water solutions [2] - The company aims to deliver reliable water solutions across global markets, with a particular emphasis on growth opportunities in underpenetrated markets like Saudi Arabia [2] Saudi Cast Overview - Saudi Cast specializes in indoor and outdoor drainage solutions, serving essential infrastructure sectors such as water, construction, and energy throughout the Middle East [3] - The company is recognized for its quality and technical excellence, making it a trusted partner in the region's growth [3]
Watts Water Technologies Inc. Completes Acquisition of Superior Boiler
Businesswire· 2025-11-17 14:15
Core Points - Watts Water Technologies Inc. has successfully completed the acquisition of Superior Boiler, enhancing its product offerings and market position in the water heating and plumbing industry [1] Company Summary - The acquisition of Superior Boiler is expected to strengthen Watts Water's portfolio, particularly in the commercial and industrial boiler markets [1] - This strategic move aligns with the company's growth objectives and commitment to providing innovative solutions in water management [1] Industry Summary - The water heating and plumbing industry is experiencing consolidation, with companies seeking to expand their capabilities and market reach through acquisitions [1] - The acquisition reflects a trend towards integrating complementary technologies and services to meet evolving customer demands in the industry [1]
Watts Water Technologies Announces Chief Financial Officer Transition
Businesswire· 2025-11-17 14:10
Core Points - Watts Water Technologies announced the departure of Chief Financial Officer Ryan Lada to pursue a new opportunity [1][4] - Diane McClintock has been appointed as the new Chief Financial Officer, effective immediately, bringing extensive experience from her previous role as Senior Vice President of FP&A and Investor Relations [2][3] - The transition aims to ensure financial, operational, and strategic continuity within the company [2][3] Leadership Transition - Diane McClintock has been with Watts since 2010 and has played a significant role in the company's growth and financial performance [3] - McClintock expressed her commitment to executing the company's profitable growth strategy and ensuring a smooth transition [3] - The company emphasizes that Lada's departure is for personal reasons and not related to any business or financial issues [4] Company Overview - Watts Water Technologies is a global manufacturer headquartered in the USA, providing a wide range of plumbing, heating, and water quality products [5] - The company serves commercial, residential, and industrial applications with innovative solutions [5]
Watts Water Technologies Elects Suzanne L. Stefany to Its Board of Directors
Businesswire· 2025-11-10 21:15
Core Points - Watts Water Technologies, Inc. has elected Suzanne L. Stefany to its Board of Directors, where she will also serve on the Governance and Sustainability Committee and the Compensation Committee [1] - Ms. Stefany has extensive experience in the investment banking sector, having served as a Senior Advisor and Partner at PJT Partners, and previously as a Managing Director and Global Industry Analyst at Wellington Management Company [2] - The CEO of Watts Water Technologies, Robert J. Pagano, Jr., highlighted Ms. Stefany's expertise in business strategy, M&A, capital allocation, and governance as valuable assets for the company [3] Company Overview - Watts Water Technologies is a global manufacturer based in the USA, providing a wide range of plumbing, heating, and water quality products [3] - The company focuses on innovative solutions to enhance the efficiency, safety, and quality of water across commercial, residential, and industrial applications [3]