Rep. Debbie Dingell Waters Corporation (NYSE:WAT) Shares

Representative Debbie Dingell (Democratic-Michigan) recently bought shares of Waters Corporation (NYSE:WAT). In a filing disclosed on February 23rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Waters stock on February 10th. The trade occurred in the Representative’s “MORGAN STANLEY SMITH BARNEY LLC BROKERAGE ACCOUNT” account.

Waters Stock Performance

Shares of WAT stock opened at $326.63 on Wednesday. The firm has a market cap of $19.45 billion, a price-to-earnings ratio of 30.33, a PEG ratio of 2.26 and a beta of 1.18. Waters Corporation has a 52-week low of $275.05 and a 52-week high of $414.15. The company has a quick ratio of 1.01, a current ratio of 1.41 and a debt-to-equity ratio of 0.41. The company’s 50 day moving average is $372.18 and its 200 day moving average is $350.33.

Waters (NYSE:WAT) last announced its earnings results on Monday, February 9th. The medical instruments supplier reported $4.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.50 by $0.03. Waters had a return on equity of 34.79% and a net margin of 20.30%.The business had revenue of $932.36 million for the quarter, compared to analysts’ expectations of $928.17 million. During the same quarter last year, the firm earned $4.10 EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. Waters has set its FY 2026 guidance at 14.300-14.500 EPS and its Q1 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts anticipate that Waters Corporation will post 12.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WAT has been the topic of several analyst reports. Guggenheim reiterated a “buy” rating and issued a $440.00 target price on shares of Waters in a research note on Tuesday, February 10th. Evercore initiated coverage on shares of Waters in a report on Tuesday, February 10th. They issued a “hold” rating and a $360.00 price target on the stock. TD Cowen reaffirmed a “hold” rating on shares of Waters in a research report on Wednesday, November 5th. Wolfe Research raised shares of Waters from a “peer perform” rating to an “outperform” rating and set a $480.00 target price for the company in a research report on Wednesday, December 10th. Finally, Citigroup began coverage on shares of Waters in a research note on Tuesday, February 10th. They issued a “buy” rating and a $425.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Waters currently has a consensus rating of “Moderate Buy” and a consensus target price of $393.84.

Institutional Investors Weigh In On Waters

A number of large investors have recently made changes to their positions in WAT. Mondrian Investment Partners LTD purchased a new stake in shares of Waters in the 3rd quarter valued at $1,397,000. Alberta Investment Management Corp purchased a new position in shares of Waters during the third quarter worth $4,677,000. Vanguard Group Inc. lifted its position in Waters by 3.3% during the third quarter. Vanguard Group Inc. now owns 7,656,891 shares of the medical instruments supplier’s stock valued at $2,295,612,000 after purchasing an additional 246,128 shares during the period. Veritas Asset Management LLP purchased a new stake in Waters in the third quarter valued at $175,320,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. grew its position in Waters by 41.9% during the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 13,802 shares of the medical instruments supplier’s stock worth $4,138,000 after purchasing an additional 4,077 shares during the period. 94.01% of the stock is owned by hedge funds and other institutional investors.

About Representative Dingell

Debbie Dingell (Democratic Party) is a member of the U.S. House, representing Michigan’s 6th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Dingell (Democratic Party) ran for re-election to the U.S. House to represent Michigan’s 6th Congressional District. She won in the general election on November 5, 2024.

Dingell was born in Detroit, Michigan, and attended high school at the Convent of the Sacred Heart. Dingell went on to attend Georgetown University, where she earned a bachelor’s degree in foreign service in 1975 and a master’s degree in liberal studies in 1996.

Dingell worked for General Motors Corporation (GM) for over 30 years, serving as president of the GM Foundation and as a senior executive handing public affairs. She also served as chairwoman of the Manufacturing Initiative at the American Automotive Policy Council.

Her first elected position was to Wayne State University’s Board of Governors, when Dingell was elected to serve an eight-year term in 2006. She was also appointed to positions with the Early Childhood Investment Corporation and the Cherry Commission on Higher Education and Economic Growth by former Governor Jennifer Granholm.

About Waters

Waters Corporation is a global provider of analytical instruments, software and services for laboratory and research applications. The company designs, manufactures and sells technologies centered on liquid chromatography, mass spectrometry, separation science, and related sample preparation and detection systems. Its product portfolio includes chromatographs, mass spectrometers, columns and consumables, laboratory informatics and workflow software, as well as technical support and training services that help customers run and interpret complex analyses.

Waters serves a wide range of end markets that include pharmaceutical and biotechnology companies, contract research and testing laboratories, academic and government research institutions, clinical diagnostics, food and environmental testing, and industrial and chemical manufacturers.