Watts Water Technologies (NYSE:WTS) Issues Quarterly Earnings Results, Beats Expectations By $0.32 EPS

Watts Water Technologies (NYSE:WTS) announced its earnings results on Wednesday. The technology company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.32, Zacks reports. The business had revenue of $763.10 million during the quarter, compared to analyst estimates of $725.99 million. Watts Water Technologies had a net margin of 14.32% and a return on equity of 18.92%. Watts Water Technologies’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same period in the previous year, the business posted $3.09 earnings per share.

Watts Water Technologies Stock Performance

Shares of NYSE WTS traded up $12.93 during midday trading on Thursday, hitting $376.77. 201,512 shares of the stock traded hands, compared to its average volume of 280,272. The firm has a market capitalization of $12.58 billion, a P/E ratio of 34.47, a PEG ratio of 3.09 and a beta of 1.15. Watts Water Technologies has a one year low of $251.17 and a one year high of $394.54. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.72. The firm has a 50-day moving average of $343.17 and a two-hundred day moving average of $318.23.

Watts Water Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.63 per share. The ex-dividend date is Tuesday, September 1st. This represents a $2.52 dividend on an annualized basis and a yield of 0.7%. Watts Water Technologies’s payout ratio is currently 23.06%.

Insiders Place Their Bets

In other Watts Water Technologies news, insider Elie Melhem sold 2,257 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $301.00, for a total value of $679,357.00. Following the transaction, the insider directly owned 8,963 shares of the company’s stock, valued at approximately $2,697,863. This trade represents a 20.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael J. Dubose sold 398 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $309.63, for a total transaction of $123,232.74. Following the sale, the director directly owned 1,814 shares of the company’s stock, valued at approximately $561,668.82. This represents a 17.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Watts Water Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of WTS. Sivia Capital Partners LLC purchased a new stake in shares of Watts Water Technologies during the second quarter worth about $219,000. C M Bidwell & Associates Ltd. raised its position in shares of Watts Water Technologies by 5.5% during the fourth quarter. C M Bidwell & Associates Ltd. now owns 648 shares of the technology company’s stock valued at $179,000 after buying an additional 34 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Watts Water Technologies by 47.4% in the fourth quarter. Parallel Advisors LLC now owns 392 shares of the technology company’s stock worth $108,000 after buying an additional 126 shares in the last quarter. Danske Bank A S bought a new position in shares of Watts Water Technologies during the third quarter worth $84,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Watts Water Technologies by 144.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 291 shares of the technology company’s stock valued at $81,000 after acquiring an additional 172 shares during the last quarter. 95.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on WTS shares. Royal Bank Of Canada upped their price objective on Watts Water Technologies from $323.00 to $350.00 and gave the stock a “sector perform” rating in a report on Thursday, July 16th. Robert W. Baird set a $330.00 price objective on shares of Watts Water Technologies in a research note on Friday, May 8th. Barclays raised shares of Watts Water Technologies from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $317.00 to $414.00 in a research note on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $358.00 target price on shares of Watts Water Technologies in a research note on Friday, May 8th. Finally, Weiss Ratings downgraded shares of Watts Water Technologies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $347.30.

Watts Water Technologies News Roundup

Here are the key news stories impacting Watts Water Technologies this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations: Watts reported adjusted earnings of $3.66 per share, above the $3.34 analyst consensus and up from $3.09 a year earlier. Revenue increased 18.6% year over year to $763.1 million, exceeding estimates of $726.0 million. Watts Water Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Data-center demand is a major growth driver: Sales tied to data centers more than tripled, supporting strong organic growth and signaling continued demand for Watts’ water-management and plumbing products as data-center infrastructure expands. Watts Water Q2 Earnings Beat Estimates on Data Center Demand
• Positive Sentiment: Full-year outlook was raised: Management now expects 2026 revenue of approximately $2.8 billion to $2.9 billion, above the roughly $2.7 billion analyst consensus. The improved outlook reinforces investor confidence in the company’s growth trajectory. Watts Water Technologies Reports Record Second Quarter 2026 Results
• Neutral Sentiment: Risks remain: The earnings discussion highlighted ongoing tariff and inflation pressures. With the stock near its 52-week high and trading at a premium valuation, further gains may depend on continued execution and sustained data-center demand. Watts Water Technologies Q2 2026 Earnings Call Transcript

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.