Watts Water Technologies, Inc. designs, manufactures, and sells products and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, and heating solution; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products comprising drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. Further, it provides smart mixing system under the IntelliStation name; thermostat with home automation voice recognition capabilities under the Invita name; and platinum boiler under the AERCO Benchmark name. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, do-it-yourself chains, and retail chains; and directly to wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
IPO Year: 1986
Exchange: NYSE
Website: watts.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $240.00 | Hold | Deutsche Bank |
| 11/4/2024 | $225.00 | Neutral → Buy | Northcoast |
| 1/11/2023 | $155.00 → $150.00 | Buy → Hold | Deutsche Bank |
| 8/18/2022 | $192.00 | Buy | Deutsche Bank |
| 7/15/2022 | Neutral | Northcoast | |
| 11/5/2021 | $153.00 → $191.00 | Neutral | Goldman Sachs |
| 8/6/2021 | $136.00 → $153.00 | Neutral | Goldman Sachs |
Watts Water Technologies, Inc. (NYSE:WTS) today announced that Andre Dhawan will join the Company as Chief Operating Officer on August 15, 2022. Mr. Dhawan comes to Watts from Gilbarco Veeder-Root, a subsidiary of Vontier Corporation, where he most recently served as President, Americas and previously as President, EMEA & APAC. Prior to joining Gilbarco Veeder-Root, Mr. Dhawan held several senior leadership positions with Xylem Inc. and ITT Corporation. Mr. Dhawan is replacing Munish Nanda, President of Americas & Europe, who previously announced that he plans to retire from Watts. Robert J. Pagano, Jr., President, Chief Executive Officer and Chairperson of the Board, commented, "Andre is
Watts Water Technologies, Inc. (NYSE:WTS) announced today the appointment of Monica Barry as Chief Human Resources Officer. Ms. Barry comes to Watts from Colfax Corporation where she served as Vice President, Talent Management, Organizational Development and Corporate HR Business Partner from February 2020 to September 2021. Prior to joining Colfax, Ms. Barry served as Vice President, Global Talent, Learning & Development and Inclusion from July 2015 to January 2020 and as Vice President, Human Resources, Health Sector from August 2012 to October 2015 for Johnson Matthey, PLC. Ms. Barry has also held human resources management positions with The Campbell Soup Company and FMC Corporation. M
Ocular Therapeutix, Inc. (NASDAQ:OCUL), a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye, today announced the appointment of Merilee Raines to the Company's Board of Directors effective September 20, 2021. "We are excited to welcome Merilee to our Board of Directors," said Antony Mattessich, President and Chief Executive Officer of Ocular Therapeutix. "Merilee brings a wealth of operational, financial, and business experience to our team. Having started as employee #11 at IDEXX, she helped to drive a multitude of innovative growth strategies and successfully scaled the business from sta
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
4 - WATTS WATER TECHNOLOGIES INC (0000795403) (Issuer)
10-K - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
8-K - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
8-K - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
10-Q - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
8-K - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
8-K - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
10-Q - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
8-K - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
8-K - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
SD - WATTS WATER TECHNOLOGIES INC (0000795403) (Filer)
Deutsche Bank initiated coverage of Watts Water Tech. with a rating of Hold and set a new price target of $240.00
Northcoast upgraded Watts Water Tech. from Neutral to Buy and set a new price target of $225.00
Deutsche Bank downgraded Watts Water Tech. from Buy to Hold and set a new price target of $150.00 from $155.00 previously
Deutsche Bank initiated coverage of Watts Water Tech. with a rating of Buy and set a new price target of $192.00
Northcoast initiated coverage of Watts Water Tech. with a rating of Neutral
Goldman Sachs reiterated coverage of Watts Water Technologies with a rating of Neutral and set a new price target of $191.00 from $153.00 previously
Goldman Sachs reiterated coverage of Watts Water Technologies with a rating of Neutral and set a new price target of $153.00 from $136.00 previously
Watts Water Technologies, Inc. (NYSE:WTS) today announced that Robert J. Pagano, Jr., Chief Executive Officer & President; Shashank Patel, Chief Financial Officer, and Diane McClintock, Senior Vice President FP&A and Investor Relations will virtually present and host 1x1 meetings in the Gabelli 35th Annual Pump, Valve & Water Systems Symposium on Thursday, February 27, 2025 at 9:00 a.m. (Eastern Time). The presentation will be broadcast via webcast. The address of the webcast is Gabelli Funds 35th Annual Pump, Valve & Water Symposium - GAMCO Investors, Inc. Watts Water Technologies, Inc. also announced today that Robert J. Pagano, Jr., Chief Executive Officer & President; Shashank Patel, C
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE:QXO) announced today that it has informed Beacon Roofing Supply, Inc. (NASDAQ:BECN) that it will propose 10 independent director nominees at Beacon's 2025 Annual Meeting of Shareholders to replace Beacon's Board of Directors. The slate of independent nominees includes current and former senior executives and directors of leading global companies who were selected for their deep expertise with large-scale corporate transformations, extensive knowledge of the building products and distribution sectors, and track records of unlocking shareholder value. "We are proposing a slate of high-caliber, independent director nominees
Fourth Quarter 2024 Highlights Sales of $540 million, down 1% on a reported basis and down 5% organically Operating margin of 16.5%, up 210 bps; adjusted operating margin of 16.8%, up 100 bps Diluted EPS of $2.02, up 21%; adjusted diluted EPS of $2.05, up 4% Closed the acquisition of I-CON Systems, Inc. on January 2, 2025 Full Year 2024 Highlights Sales of $2.25 billion, up 10% on a reported basis and down 1% organically Operating margin of 17.3%, up 20 bps; adjusted operating margin of 17.7%, down 10 bps Diluted EPS of $8.69, up 11%; adjusted diluted EPS of $8.86, up 7% Operating cash flow of $361 million and free cash flow of $332 million, a 16% and 18% increase
GREENWICH, Conn., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting its 35th annual Pump, Valve & Water Systems Symposium at the Harvard Club in New York City on Thursday, February 27, 2025. The symposium focuses on themes crucial to this industry, including infrastructure spending, resource security, conservation, and mergers and acquisitions (M&A). Attendees will have the opportunity to engage in one-on-one sessions with management, providing an opportunity to delve into the strategies and growth prospects of these companies. This symposium underscores the pivotal role of the pump, valve, and water systems industry in addressing global challenges. It highlights the sector's sig
Watts Water Technologies, Inc. (NYSE:WTS) today declared that the Corporation will pay a quarterly dividend of forty-three cents ($0.43) per share on each outstanding share of the Company's Class A Common Stock and Class B Common Stock, said dividend to be paid on March 14, 2025 to stockholders of record at the close of business on February 28, 2025. 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 companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and indust
GREENWICH, Conn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting its 35th annual Pump, Valve & Water Systems Symposium at the Harvard Club in New York City on Thursday, February 27, 2025. The symposium focuses on themes crucial to this industry, including infrastructure spending, resource security, conservation, and mergers and acquisitions (M&A). Attendees will have the opportunity to engage in one-on-one sessions with management, providing an opportunity to delve into the strategies and growth prospects of these companies. This symposium underscores the pivotal role of the pump, valve, and water systems industry in addressing global challenges. It highlights the sector
Watts Water Technologies, Inc. (NYSE:WTS) will hold a live webcast of its conference call to discuss Fourth Quarter and Full Year 2024 results on Tuesday, February 11, 2025, at 9:00 a.m. Eastern Standard Time. Watts Water Technologies, Inc. will announce its financial results for this period in a press release to be issued after market close on Monday, February 10, 2025. This call can be accessed by visiting the Investor Relations section of the Company's website at www.watts.com. Following the webcast, an archived version of the call will be available at the same address until February 10, 2026. Watts Water Technologies, Inc., through its family of companies, is a global manufacturer h
Watts Water Technologies, Inc., (NYSE:WTS) ("Watts") – through its subsidiaries, one of the world's leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced that it has acquired I-CON Systems Inc. ("I-CON"), a leading provider of plumbing control solutions primarily for the corrections market. I-CON's annualized sales are approximately $25 million. The acquisition was funded with cash on hand. Chief Executive Officer Robert J. Pagano Jr. commented, "We are excited to welcome the I-CON team to Watts. This acquisition is consistent with our established strategy and further positions Watts for growth. The addition of I-CON's innovati
Watts Water Technologies, Inc. (NYSE:WTS) has been named one of the Top Places to Work in Massachusetts by The Boston Globe for the second year in a row. Top Places to Work recognizes the most admired workplaces in the state, voted on by the people who know them best — their employees. The survey measures employee opinions about their company's direction, execution, connection, management, work, pay and benefits, and engagement. "For 150 years, Watts has proudly operated as a people-first organization, celebrating and recognizing our teams passion, commitment and strong work ethic," said Robert J. Pagano, Jr., CEO, President and Chairperson of the Board. "Our strategies of providing a m
Watts Water Technologies, Inc. (NYSE:WTS) today announced that Robert J. Pagano, Jr., Chief Executive Officer & President; Shashank Patel, Chief Financial Officer; and Diane McClintock, Senior Vice President FP&A and Investor Relations will participate in the NYSE Industrials Virtual Conference on Tuesday, November 19, 2024, at 10:00 AM Eastern Time. 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
SC 13G/A - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G/A - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G/A - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G/A - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G/A - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G/A - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G/A - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
SC 13G - WATTS WATER TECHNOLOGIES INC (0000795403) (Subject)
Fourth Quarter 2024 Highlights Sales of $540 million, down 1% on a reported basis and down 5% organically Operating margin of 16.5%, up 210 bps; adjusted operating margin of 16.8%, up 100 bps Diluted EPS of $2.02, up 21%; adjusted diluted EPS of $2.05, up 4% Closed the acquisition of I-CON Systems, Inc. on January 2, 2025 Full Year 2024 Highlights Sales of $2.25 billion, up 10% on a reported basis and down 1% organically Operating margin of 17.3%, up 20 bps; adjusted operating margin of 17.7%, down 10 bps Diluted EPS of $8.69, up 11%; adjusted diluted EPS of $8.86, up 7% Operating cash flow of $361 million and free cash flow of $332 million, a 16% and 18% increase
Watts Water Technologies, Inc. (NYSE:WTS) today declared that the Corporation will pay a quarterly dividend of forty-three cents ($0.43) per share on each outstanding share of the Company's Class A Common Stock and Class B Common Stock, said dividend to be paid on March 14, 2025 to stockholders of record at the close of business on February 28, 2025. 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 companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and indust
Watts Water Technologies, Inc. (NYSE:WTS) will hold a live webcast of its conference call to discuss Fourth Quarter and Full Year 2024 results on Tuesday, February 11, 2025, at 9:00 a.m. Eastern Standard Time. Watts Water Technologies, Inc. will announce its financial results for this period in a press release to be issued after market close on Monday, February 10, 2025. This call can be accessed by visiting the Investor Relations section of the Company's website at www.watts.com. Following the webcast, an archived version of the call will be available at the same address until February 10, 2026. Watts Water Technologies, Inc., through its family of companies, is a global manufacturer h
Watts Water Technologies, Inc., (NYSE:WTS) ("Watts") – through its subsidiaries, one of the world's leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced that it has acquired I-CON Systems Inc. ("I-CON"), a leading provider of plumbing control solutions primarily for the corrections market. I-CON's annualized sales are approximately $25 million. The acquisition was funded with cash on hand. Chief Executive Officer Robert J. Pagano Jr. commented, "We are excited to welcome the I-CON team to Watts. This acquisition is consistent with our established strategy and further positions Watts for growth. The addition of I-CON's innovati
Reported sales of $544 million increased 8%; organic sales down 4% Reported operating margin of 17.1%, down 20 bps; adjusted operating margin of 17.1%, down 90 bps Reported EPS of $2.06, up 5%; adjusted EPS of $2.03, compared to $2.04 in prior year Raising midpoint of full-year 2024 operating margin outlook Announced upcoming retirement of Shashank Patel, Chief Financial Officer Note changes in performance are relative to third quarter 2023 Watts Water Technologies, Inc. (NYSE:WTS) – through its subsidiaries, one of the world's leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced results for the third quarter of
Watts Water Technologies, Inc. (NYSE:WTS) today declared that the Corporation will pay a quarterly dividend of forty-three cents ($0.43) per share on each outstanding share of the Company's Class A Common Stock and Class B Common Stock, said dividend to be paid on December 13, 2024 to stockholders of record at the close of business on November 29, 2024. 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 for commercial, residential, an
Watts Water Technologies, Inc. (NYSE:WTS) will hold a live webcast of its conference call to discuss Third Quarter 2024 results on Thursday, October 31, 2024, at 9:00 a.m. Eastern Standard Time. Watts Water Technologies, Inc. will announce its financial results for this period in a press release to be issued after market close on Wednesday, October 30, 2024. This call can be accessed by visiting the Investor Relations section of the Company's website at www.watts.com. Following the webcast, an archived version of the call will be available at the same address until October 30, 2025. Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in
Reported sales of $597 million increased 12%; organic sales were flat Reported operating margin of 18.7%, down 10 bps; adjusted operating margin of 18.8%, down 70 bps Reported EPS of $2.44, up 8%; adjusted EPS of $2.46, up 5% Amended and extended existing credit facility, effective July 12, 2024 Maintaining full-year 2024 outlook Note changes in performance are relative to second quarter 2023 Watts Water Technologies, Inc. (NYSE:WTS) – through its subsidiaries, one of the world's leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced results for the second quarter of 2024. Chief Executive Officer Robert J.
Watts Water Technologies, Inc. (NYSE:WTS) today declared that the Corporation will pay a quarterly dividend of forty-three cents ($0.43) per share on each outstanding share of the Company's Class A Common Stock and Class B Common Stock, said dividend to be paid on September 13, 2024 to stockholders of record at the close of business on August 30, 2024. 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, safe
Watts Water Technologies, Inc. (NYSE:WTS) will hold a live webcast of its conference call to discuss Second Quarter 2024 results on Thursday, August 8, 2024, at 9:00 a.m. Eastern Daylight Time. Watts Water Technologies, Inc. will announce its financial results for this period in a press release to be issued after market close on Wednesday, August 7, 2024. This call can be accessed by visiting the Investor Relations section of the Company's website at www.watts.com. Following the webcast, an archived version of the call will be available at the same address until August 7, 2025. Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the