Rexnord Corporation designs, manufactures, and markets process and motion control, and water management products worldwide. It operates in two segments, Process & Motion Control Platform and Water Management Platform. The company offers table top conveying chain and related accessories, metal conveying and engineered woven metals, gearing and gear drives, conveying equipment, industrial chains, and custom assemblies; custom-engineered, application-specific miniature gearboxes, and motion control assemblies and components used in aerospace, defense, medical equipment, robotics, semiconductor, instrumentation, and satellite communications; and shaft management products, including couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies. It also provides aerospace components for use in door systems, engine accessories and controls, engine mounts, flight control systems, gearboxes, landing gears, and rotor pitch controls. In addition, the company offers professional grade water control and safety, water distribution and drainage, finish plumbing, and site works products primarily for nonresidential buildings. It sells products through distribution partners, independent sales representatives, plumbing wholesalers, industry-specific distributors, and sales agencies to commercial construction, institutional, infrastructure, and residential construction end market, as well as to original equipment manufacturers and end users. The company offers its products under the Rexnord, Rex, Addax, Euroflex, Falk, FlatTop, Cambridge, Link-Belt, Omega, PSI, Shafer, Stearns, Highfield, Thomas, Centa, Tollok, Zurn, Wilkins, Green Turtle, StainlessDrains.com, World Dryer, Hadrian, and JUST names. Rexnord Corporation was incorporated in 2006 and is headquartered in Milwaukee, Wisconsin.
IPO Year: 2012
Exchange: NYSE
Website: rexnordcorporation.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/12/2024 | $40.00 | Outperform | Exane BNP Paribas |
| 2/9/2024 | $34.00 | Buy → Neutral | Mizuho |
| 12/19/2023 | $31.00 | Buy → Hold | Stifel |
| 12/13/2023 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 10/9/2023 | $31.00 → $29.00 | Buy → Neutral | Goldman |
| 6/29/2023 | $30.00 | Buy | Deutsche Bank |
| 12/20/2022 | $27.00 → $26.00 | Outperform → Neutral | Robert W. Baird |
| 6/30/2022 | $34.00 | Buy | Stifel |
| 2/15/2022 | $38.00 → $43.00 | Neutral → Outperform | Robert W. Baird |
| 2/15/2022 | $38.00 → $43.00 | Neutral → Outperform | Baird |
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
Exane BNP Paribas initiated coverage of Zurn Elkay Water Solutions with a rating of Outperform and set a new price target of $40.00
Mizuho downgraded Zurn Elkay Water Solutions from Buy to Neutral and set a new price target of $34.00
Stifel downgraded Zurn Elkay Water Solutions from Buy to Hold and set a new price target of $31.00
KeyBanc Capital Markets downgraded Zurn Elkay Water Solutions from Overweight to Sector Weight
Goldman downgraded Zurn Elkay Water Solutions from Buy to Neutral and set a new price target of $29.00 from $31.00 previously
Deutsche Bank initiated coverage of Zurn Elkay Water Solutions with a rating of Buy and set a new price target of $30.00
Robert W. Baird downgraded Zurn Elkay Water Solutions from Outperform to Neutral and set a new price target of $26.00 from $27.00 previously
Stifel initiated coverage of Zurn Water Solutions with a rating of Buy and set a new price target of $34.00
Robert W. Baird upgraded Zurn Water Solutions from Neutral to Outperform and set a new price target of $43.00 from $38.00 previously
Baird upgraded Zurn Water Solutions from Neutral to Outperform and set a new price target of $43.00 from $38.00 previously
Investor call scheduled for Wednesday, February 5, 2025 at 8:30 a.m. Eastern Time Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Fourth Quarter Highlights Net sales in the quarter were $371 million compared with $357 million in last year's December quarter (+4% core sales(1)). Net income from continuing operations was $36 million (diluted EPS from continuing operations of $0.21) compared with net income from continuing operations of $14 million (diluted EPS from continuing operations of $0.08) in the year-ago quarter. Adjusted EPS(1) was $0.32 compared with $0.26 in the year-ago quarter. Adjusted EBITDA(1) was $91 million (24.6% of net sales) compared with $84 million
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) announced today that its Board of Directors declared a quarterly common stock dividend of $0.09 per share. The dividend is payable in cash on March 7, 2025 to stockholders of record as of February 20, 2025. About Zurn Elkay Water Solutions Named one of America's Most Responsible Companies and one of America's Greenest Companies by Newsweek and one of the World's Best Companies for Sustainable Growth by TIME, Zurn Elkay Water Solutions is headquartered in Milwaukee, WI, and is a growth-oriented, pure-play water management business that designs, procures, manufactures and markets what we believe to be the broadest sustainable product portf
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) will hold a conference call and webcast presentation on Wednesday, February 5, 2025, at 7:30 a.m. Central Time to discuss its fourth quarter and full year 2024 financial results, provide a general business update and respond to investor questions. Zurn Elkay Water Solutions Chairman and CEO, Todd Adams, and CFO, Dave Pauli, will co-host the call and webcast. The Zurn Elkay earnings release for the fourth quarter ended December 31, 2024, will be released after market close on Tuesday, February 4, 2025. The February 5 investor conference call can be accessed as follows: Domestic toll-free #: 800-715-9871 International toll #: 646-307-196
Investor call scheduled for Wednesday, October 30, 2024 at 8:30 a.m. Eastern Time Zurn Elkay Water Solutions Corporation (NYSE:ZWS): Third Quarter Highlights Net sales in the quarter were $410 million compared with $398 million in last year's September quarter (+3% core sales(1), inclusive of a 100 basis point impact from the planned exit of certain residential sink products). Net income from continuing operations was $44 million (diluted EPS from continuing operations of $0.25) compared with net income from continuing operations of $35 million (diluted EPS from continuing operations of $0.20) in the year-ago quarter. Adjusted EPS(1) was $0.34 compared with $0.29 in the year-ago qua
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) announced today that its Board of Directors declared a quarterly common stock dividend of $0.09 per share, reflecting a 12.5% increase from the prior quarterly dividend of $0.08 per share. The dividend is payable in cash on December 6, 2024 to stockholders of record as of November 20, 2024. About Zurn Elkay Water Solutions Named one of America's Greenest Companies and one of America's Most Responsible Companies by Newsweek, Zurn Elkay Water Solutions is headquartered in Milwaukee, WI, and is a growth-oriented, pure-play water management business that designs, procures, manufactures, and markets what we believe to be the broadest sustainabl
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) will hold a conference call and webcast presentation on Wednesday, October 30, 2024, at 7:30 a.m. Central Time to discuss its third quarter 2024 financial results, provide a general business update and respond to investor questions. Zurn Elkay Water Solutions Chairman and CEO, Todd Adams, and CFO, Dave Pauli, will co-host the call and webcast. The Zurn Elkay earnings release for the third quarter ended September 30, 2024, will be released after market close on Tuesday, October 29, 2024. The October 30 investor conference call can be accessed as follows: Domestic toll-free #: 800-715-9871 International toll #: 646-307-1963 Access Code: 607
Investor call scheduled for Wednesday, July 31, 2024 at 8:30 a.m. Eastern Time Zurn Elkay Water Solutions Corporation (NYSE:ZWS): Second Quarter Highlights Net sales in the quarter were $412 million compared with $403 million in last year's June quarter (+2% core sales(1), inclusive of a 100 basis point impact from the planned exit of certain residential sink products). Net income from continuing operations was $45 million (diluted EPS from continuing operations of $0.26) compared with net income from continuing operations of $33 million (diluted EPS from continuing operations of $0.19) in the year-ago quarter. Adjusted EPS(1) was $0.33 compared with $0.24 in the year-ago quart
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) announced today that its Board of Directors declared a quarterly common stock dividend of $0.08 per share. The dividend is payable in cash on September 6, 2024 to stockholders of record as of August 20, 2024. About Zurn Elkay Water Solutions Named one of America's Most Responsible Companies 2024 by Newsweek for the fourth consecutive year, Zurn Elkay Water Solutions is headquartered in Milwaukee, WI, and is a growth-oriented, pure-play water management business that designs, procures, manufactures, and markets what we believe to be the broadest sustainable product portfolio of specification-driven water management solutions to improve he
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) will hold a conference call and webcast presentation on Wednesday, July 31, 2024, at 7:30 a.m. Central Time to discuss its second quarter 2024 financial results, provide a general business update and respond to investor questions. Zurn Elkay Water Solutions Chairman and CEO, Todd Adams, and CFO, Dave Pauli, will co-host the call and webcast. The Zurn Elkay earnings release for the second quarter ended June 30, 2024, will be released after market close on Tuesday, July 30, 2024. The July 31 investor conference call can be accessed as follows: Domestic toll-free #: 800-715-9871 International toll #: 646-307-1963 Access Code: 6071902 A
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) announced today that its Board of Directors declared a quarterly common stock dividend of $0.08 per share. The dividend is payable in cash on June 7, 2024 to stockholders of record as of May 20, 2024. About Zurn Elkay Water Solutions Headquartered in Milwaukee, Wisconsin, Zurn Elkay Water Solutions is a growth-oriented, pure-play water management business that designs, procures, manufactures, and markets what we believe to be the broadest sustainable product portfolio of specification-driven water management solutions to improve health, hydration, human safety, and the environment. The Zurn Elkay product portfolio includes professional g
2025 marks 125 years of innovation in sustainable water solutions In 2024, Zurn Elkay products saved 32.5 billion gallons of water and prevented the need for 19 billion single-use plastic water bottles Compared to its 2021 baseline, Zurn Elkay has achieved a 23% reduction in energy intensity and a 38% reduction in GHG intensity Zurn Elkay Water Solutions (NYSE:ZWS), a leading provider of innovative water solutions, kicked off its 125th anniversary year celebration with the release of its 2024 Sustainability Report. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250219384273/en/Zurn Elkay Water Solutions, a leading provider
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) ("Zurn Elkay") today announced the pricing of the previously announced underwritten public offering by a certain former Elkay stockholder, Ice Mountain LLC (the "selling stockholder"), of 7,750,000 shares of Zurn Elkay's common stock, par value $0.01 per share ("common stock"), at a price to the public of $35.00 per share. The offering is expected to close on February 13, 2025, subject to customary closing conditions. Zurn Elkay has agreed to repurchase from the underwriters 1,636,905 (or approximately $55,000,000) of such shares of common stock at a price per share equal to the price per share paid by the underwriter to the selling stockh
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) ("Zurn Elkay") announced today the launch of an underwritten public offering by a certain former Elkay stockholder, Ice Mountain LLC (the "selling stockholder"), of 7,750,000 shares of Zurn Elkay's common stock, par value $0.01 per share ("common stock"), of which Zurn Elkay intends to repurchase from the underwriters approximately $50,000,000 of such shares of common stock. The underwriters will have a 30-day option to purchase up to an additional 1,162,500 shares of common stock from the selling stockholder. Zurn Elkay will not sell any common stock in the offering and will not receive any proceeds from the sale of the shares of common sto
Investor call scheduled for Wednesday, February 5, 2025 at 8:30 a.m. Eastern Time Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Fourth Quarter Highlights Net sales in the quarter were $371 million compared with $357 million in last year's December quarter (+4% core sales(1)). Net income from continuing operations was $36 million (diluted EPS from continuing operations of $0.21) compared with net income from continuing operations of $14 million (diluted EPS from continuing operations of $0.08) in the year-ago quarter. Adjusted EPS(1) was $0.32 compared with $0.26 in the year-ago quarter. Adjusted EBITDA(1) was $91 million (24.6% of net sales) compared with $84 million
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) announced today that its Board of Directors declared a quarterly common stock dividend of $0.09 per share. The dividend is payable in cash on March 7, 2025 to stockholders of record as of February 20, 2025. About Zurn Elkay Water Solutions Named one of America's Most Responsible Companies and one of America's Greenest Companies by Newsweek and one of the World's Best Companies for Sustainable Growth by TIME, Zurn Elkay Water Solutions is headquartered in Milwaukee, WI, and is a growth-oriented, pure-play water management business that designs, procures, manufactures and markets what we believe to be the broadest sustainable product portf
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) will hold a conference call and webcast presentation on Wednesday, February 5, 2025, at 7:30 a.m. Central Time to discuss its fourth quarter and full year 2024 financial results, provide a general business update and respond to investor questions. Zurn Elkay Water Solutions Chairman and CEO, Todd Adams, and CFO, Dave Pauli, will co-host the call and webcast. The Zurn Elkay earnings release for the fourth quarter ended December 31, 2024, will be released after market close on Tuesday, February 4, 2025. The February 5 investor conference call can be accessed as follows: Domestic toll-free #: 800-715-9871 International toll #: 646-307-196
Zurn Elkay ranked No. 31 in the U.S., No. 1 in Wisconsin on inaugural list Zurn Elkay Water Solutions Corporation (NYSE:ZWS) was named by TIME and Statista as one of the World's Best Companies for Sustainable Growth 2025. Zurn Elkay ranked No. 31 overall of the 500 public and private companies making the list and No. 10 among U.S. companies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241202050902/en/Zurn Elkay Water Solutions was named by TIME and Statista as one of the World's Best Companies for Sustainable Growth 2025. Zurn Elkay ranked No. 31 overall of the 500 public and private companies making the list and No. 10 a
Investor call scheduled for Wednesday, October 30, 2024 at 8:30 a.m. Eastern Time Zurn Elkay Water Solutions Corporation (NYSE:ZWS): Third Quarter Highlights Net sales in the quarter were $410 million compared with $398 million in last year's September quarter (+3% core sales(1), inclusive of a 100 basis point impact from the planned exit of certain residential sink products). Net income from continuing operations was $44 million (diluted EPS from continuing operations of $0.25) compared with net income from continuing operations of $35 million (diluted EPS from continuing operations of $0.20) in the year-ago quarter. Adjusted EPS(1) was $0.34 compared with $0.29 in the year-ago qua
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) announced today that its Board of Directors declared a quarterly common stock dividend of $0.09 per share, reflecting a 12.5% increase from the prior quarterly dividend of $0.08 per share. The dividend is payable in cash on December 6, 2024 to stockholders of record as of November 20, 2024. About Zurn Elkay Water Solutions Named one of America's Greenest Companies and one of America's Most Responsible Companies by Newsweek, Zurn Elkay Water Solutions is headquartered in Milwaukee, WI, and is a growth-oriented, pure-play water management business that designs, procures, manufactures, and markets what we believe to be the broadest sustainabl
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) will hold a conference call and webcast presentation on Wednesday, October 30, 2024, at 7:30 a.m. Central Time to discuss its third quarter 2024 financial results, provide a general business update and respond to investor questions. Zurn Elkay Water Solutions Chairman and CEO, Todd Adams, and CFO, Dave Pauli, will co-host the call and webcast. The Zurn Elkay earnings release for the third quarter ended September 30, 2024, will be released after market close on Tuesday, October 29, 2024. The October 30 investor conference call can be accessed as follows: Domestic toll-free #: 800-715-9871 International toll #: 646-307-1963 Access Code: 607
8-K - Zurn Elkay Water Solutions Corp (0001439288) (Filer)
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S-3ASR - Zurn Elkay Water Solutions Corp (0001439288) (Filer)
10-K - Zurn Elkay Water Solutions Corp (0001439288) (Filer)
8-K - Zurn Elkay Water Solutions Corp (0001439288) (Filer)
10-Q - Zurn Elkay Water Solutions Corp (0001439288) (Filer)
8-K - Zurn Elkay Water Solutions Corp (0001439288) (Filer)
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