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Veralto Corp (NYSE: VLTO) Receives Optimistic Price Target from Stifel Nicolaus
Financial Modeling Prep· 2026-02-05 23:06
Core Insights - Nathan Jones from Stifel Nicolaus set a price target of $118 for Veralto Corp (NYSE: VLTO), indicating a potential increase of about 30.6% from the current stock price of $90.35 [1][6] Financial Performance - In 2025, Veralto reported a 6% increase in total sales, reaching $5.5 billion, with core sales growth at 4.7% [2][6] - The company achieved double-digit growth in adjusted earnings per share and generated over $1 billion in free cash flow, highlighting its solid financial standing [2] Strategic Initiatives - Veralto has implemented a $750 million share repurchase program and an 18% dividend increase to strengthen its financial position [3][6] - The acquisition of In-Situ has expanded Veralto's Water Analytics portfolio, allowing entry into the growing environmental water and hydrology markets [3] Future Outlook - Looking ahead to 2026, Veralto expects continued core sales growth and margin expansion driven by strong product demand [4] - The company faced challenges in the fourth quarter, with core sales growth at 1.6% due to price increases and slight volume declines, alongside impacts from tariffs and growth investments on incremental margins [4] Quarterly Earnings - Veralto reported impressive quarterly earnings of $1.04 per share, surpassing the Zacks Consensus Estimate of $0.98, marking a 6.01% earnings surprise [5] - Although revenues for the quarter were slightly below estimates, they improved from the previous year, demonstrating Veralto's resilience in a competitive market [5]
California Water Service Group Schedules 2025 Full-Year and Fourth-Quarter Earnings Results Announcement and Conference Call
Globenewswire· 2026-02-05 21:05
SAN JOSE, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2025 full-year and fourth-quarter earnings results will be released after market-close on Wednesday, February 25, 2026, and its earnings conference call will be held at 11:00 a.m. ET on Thursday, February 26, 2026. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 2201083, or you may a ...
Iowa American Water Announces Launch of 2026 American Water Charitable Foundation Water and Environment Grant Program
Prnewswire· 2026-02-05 20:30
In 2025, the American Water Charitable Foundation awarded a combined total of $1.7 million to 80 organizations in 12 states, supporting organizations located in communities served by American Water, including five from Iowa-based organizations: DAVENPORT, Iowa, Feb. 5, 2026 /PRNewswire/ -- Iowa American Water is thrilled to announce the launch of the American Water Charitable Foundation 2026 Water and Environment Grant Program. The Foundation invites community partners to apply for grants that promote clean ...
Mueller Water Products(MWA) - 2026 Q1 - Earnings Call Transcript
2026-02-05 17:02
Mueller Water Products (NYSE:MWA) Q1 2026 Earnings call February 05, 2026 11:00 AM ET Company ParticipantsMartie Zakas - CEOMelissa Rasmussen - CFOPaul McAndrew - President and COOWhit Kincaid - Head of Investor RelationsConference Call ParticipantsBryan Blair - AnalystDeane Dray - AnalystMichael Elias - AnalystTyler Bisset - AnalystOperatorGood morning, and thank you for standing by. Your lines are in a listen-only mode until the question-and-answer session of today's conference. At that time, you may pres ...
Mueller Water Products (MWA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2026-02-05 01:00
Mueller Water Products (MWA) reported $318.2 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 4.6%. EPS of $0.29 for the same period compares to $0.25 a year ago.The reported revenue represents a surprise of +3.7% over the Zacks Consensus Estimate of $306.85 million. With the consensus EPS estimate being $0.27, the EPS surprise was +8.74%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare t ...
New Jersey American Water Opens 2026 Fire and EMS Grant Program for Volunteer Departments
Prnewswire· 2026-02-04 21:18
Agencies encouraged to apply by April 3 for funding that strengthens emergency response capabilities CAMDEN, N.J., Feb. 4, 2026 /PRNewswire/ -- New Jersey American Water today announced the opening of its 2026 Volunteer Fire and EMS Grant Program, providing funding for volunteer fire departments and emergency response organizations across its service area. th Now in its 16 year, the program underscores New Jersey American Water's ongoing commitment to supporting the firefighters and EMS professionals who pr ...
Mueller Water Products Reports 2026 First Quarter Results
Globenewswire· 2026-02-04 21:14
Increased Net Sales 4.6% to $318.2 Million Reported Net Income per Diluted Share of $0.27 Achieved Adjusted Net Income per Diluted Share of $0.29 Raises Annual Guidance for Fiscal 2026 Net Sales and Adjusted EBITDA ATLANTA, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, announced financial results for its fiscal 2026 first quarter ended ...
California American Water Announces New Southern California Principal of Business Development, Agatha Kotani
Prnewswire· 2026-02-04 18:48
California American Water Announces New Southern California Principal of Business Development, Agatha Kotani [Accessibility Statement] Skip NavigationSAN DIEGO, Feb. 4, 2026 /PRNewswire/ -- California American Water is pleased to announce that Agatha Kotani has joined the company as Principal of Business Development in Southern California."Agatha's deep roots in government relations and proven commitment to community engagement are a perfect fit for our mission," said Nichole Baxter, Director of Business De ...
Rebecca Losli Named to Honorary Commanders Class of 2027 at Scott Air Force Base
Prnewswire· 2026-02-04 16:22
Rebecca Losli Named to Honorary Commanders Class of 2027 at Scott Air Force Base [Accessibility Statement] Skip NavigationBELLEVILLE, Ill., Feb. 4, 2026 /PRNewswire/ -- [Illinois American Water] congratulates Rebecca Losli, President, Illinois American Water, on being named by the Scott Air Force Base to its 2027 Class of Honorary Commanders. The class is comprised of 20 community leaders from the St. Louis metropolitan region."As a newly inducted Honorary Commander, I look forward to growing my awareness o ...
Dave O'Hara Joins Cadiz Board of Directors
Prnewswire· 2026-02-04 14:46
Core Insights - Cadiz, Inc. has appointed Mr. Dave O'Hara, a former Microsoft executive, to its Board of Directors, bringing extensive experience in corporate finance and commercial strategy [1][2][3] Company Overview - Cadiz, Inc. is a California-based water solutions company founded in 1983, focused on providing access to clean, reliable, and affordable water through a combination of water supply, storage, pipeline, and treatment solutions [4] - The company manages 45,000 acres of land in California, has a water supply of 2.5 million acre-feet, and operates 220 miles of pipeline assets, utilizing advanced water treatment filtration technology [4] Leadership Experience - Mr. O'Hara has over 20 years of experience at Microsoft, where he held senior leadership roles, including Executive Vice President and Chief Financial Officer of the Commercial Business Group, overseeing investment strategy and financial analysis [2] - His background includes managing large-scale capital investments in data centers and cloud infrastructure, which will be beneficial for Cadiz as it navigates growth initiatives [2][3] Strategic Vision - Mr. O'Hara expressed enthusiasm about joining Cadiz at a pivotal moment, highlighting the company's potential to meet the increasing demand for water and energy resources in high-growth industries [3] - The leadership believes that Mr. O'Hara's expertise in capital-intensive growth initiatives will significantly contribute to the company's strategic direction and shareholder value [3]