Zurn Elkay Water Solutions Cor (NYSE:ZWS) VP Jeffrey Lavalle Sells 6,097 Shares

Zurn Elkay Water Solutions Cor (NYSE:ZWS) VP Jeffrey Lavalle sold 6,097 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $51.80, for a total transaction of $315,824.60. Following the completion of the sale, the vice president directly owned 49,803 shares in the company, valued at approximately $2,579,795.40. The trade was a 10.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Zurn Elkay Water Solutions Cor Stock Down 1.8%

ZWS opened at $51.60 on Wednesday. The firm has a market capitalization of $8.64 billion, a P/E ratio of 44.87, a price-to-earnings-growth ratio of 2.18 and a beta of 1.08. Zurn Elkay Water Solutions Cor has a one year low of $27.74 and a one year high of $53.17. The company has a fifty day moving average price of $47.43 and a 200-day moving average price of $46.58. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.13 and a quick ratio of 2.07.

Zurn Elkay Water Solutions Cor (NYSE:ZWS) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.02. Zurn Elkay Water Solutions Cor had a return on equity of 16.54% and a net margin of 11.68%.The company had revenue of $407.20 million for the quarter, compared to the consensus estimate of $400.75 million. During the same quarter last year, the business posted $0.32 earnings per share. The firm’s revenue was up 9.8% compared to the same quarter last year. Equities research analysts expect that Zurn Elkay Water Solutions Cor will post 1.36 earnings per share for the current fiscal year.

Zurn Elkay Water Solutions Cor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, February 20th. Zurn Elkay Water Solutions Cor’s dividend payout ratio (DPR) is 38.26%.

Trending Headlines about Zurn Elkay Water Solutions Cor

Here are the key news stories impacting Zurn Elkay Water Solutions Cor this week:

• Positive Sentiment: Q4 results and revenue beat: ZWS reported $0.36 EPS vs. $0.34 expected and revenue of $407.2M (up 9.8% YoY), supporting underlying growth and margins. MarketBeat: ZWS earnings & company page
• Positive Sentiment: Dividend announced: company declared a $0.11 quarterly dividend (ex-dividend Feb 20, pay Mar 6), adding modest income yield (≈0.9%) for shareholders. MarketBeat: Dividend notice
• Positive Sentiment: Analyst support: Several firms raised targets (Oppenheimer to $57, RBC to $55, Baird $56) and reiterated buys/holds, signaling continued institutional interest. MarketBeat: Analyst notes summary
• Neutral Sentiment: Institutional ownership and balance sheet: ~83% of shares are held by institutions; company has low leverage (debt/equity ~0.31) and strong liquidity (current ratio ~3.13), which tempers downside risk. MarketBeat: Ownership & financials
• Negative Sentiment: Large insider selling: CEO Todd A. Adams sold 275,050 shares (Feb 10) and 263,347 shares (Feb 9) at ~ $51.78–$52.68 (~$28.1M total); CFO David Pauli sold 7,639 shares and VP Jeffrey Lavalle sold 6,097 shares—about $28.8M of insider proceeds in two days. Market reaction appears driven by these sizable, disclosed sales despite insiders remaining large holders. InsiderTrades: Insider selling alert SEC Form 4 (CEO) SEC Form 4 (CFO)

Analyst Upgrades and Downgrades

ZWS has been the topic of a number of recent analyst reports. Zacks Research downgraded shares of Zurn Elkay Water Solutions Cor from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Royal Bank Of Canada increased their price target on shares of Zurn Elkay Water Solutions Cor from $49.00 to $55.00 and gave the stock a “sector perform” rating in a report on Thursday, February 5th. The Goldman Sachs Group restated a “neutral” rating and set a $50.00 price objective on shares of Zurn Elkay Water Solutions Cor in a research report on Thursday, February 5th. Jefferies Financial Group assumed coverage on shares of Zurn Elkay Water Solutions Cor in a report on Friday, December 12th. They set a “buy” rating and a $58.00 price objective for the company. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Zurn Elkay Water Solutions Cor in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Zurn Elkay Water Solutions Cor has an average rating of “Hold” and a consensus price target of $51.63.

Institutional Investors Weigh In On Zurn Elkay Water Solutions Cor

A number of institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its stake in shares of Zurn Elkay Water Solutions Cor by 3.4% during the fourth quarter. Bank of New York Mellon Corp now owns 1,124,454 shares of the company’s stock valued at $52,276,000 after purchasing an additional 36,551 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Zurn Elkay Water Solutions Cor by 78.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 906,884 shares of the company’s stock worth $42,161,000 after buying an additional 399,180 shares during the period. Natixis Advisors LLC raised its holdings in Zurn Elkay Water Solutions Cor by 2.8% during the 4th quarter. Natixis Advisors LLC now owns 34,238 shares of the company’s stock valued at $1,592,000 after buying an additional 937 shares during the last quarter. One Capital Management LLC boosted its position in Zurn Elkay Water Solutions Cor by 42.2% during the 4th quarter. One Capital Management LLC now owns 38,645 shares of the company’s stock valued at $1,797,000 after buying an additional 11,467 shares during the period. Finally, Norges Bank purchased a new stake in Zurn Elkay Water Solutions Cor during the 4th quarter valued at $111,341,000. Hedge funds and other institutional investors own 83.33% of the company’s stock.

About Zurn Elkay Water Solutions Cor

Zurn Elkay Water Solutions Corp, trading on the NYSE under the ticker ZWS, is a global provider of water delivery and plumbing products. The company was established in October 2022 through a spin-off from Rexnord Corp, creating a standalone business focused on designing, manufacturing and marketing water system components for residential, commercial and industrial customers.

Through its Zurn segment, the company offers solutions for water delivery, drainage and waste evacuation. Product lines include valves, hydrants, backflow prevention devices, piping systems, fittings and commercial waste stations.