Watts Water Technologies

Watts Water Technologies, Inc. engages in the manufacture and provision of products for water conservation, safety, and flow control. It operates through the following geographic segments: Americas, Europe, and Asia-Pacific, Middle East and Africa. Its services include plumbing and flow control solutions, water quality and conditioning, water reuse and drainage, heating, ventilation, and air conditioning, and municipal waterworks. The company was founded in 1985 and is headquartered in North Andover, MA.

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Watts Water Technologies reports record 2022 performance amidst market challenges

Watts Water Technologies delivered a strong financial performance in 2022, marked by record sales and operational excellence.
The company's strategic focus on innovation, sustainability, and market expansion positions them well for future growth and resilience.
While challenges lie ahead in 2023, Watts Water Technologies remains poised to navigate uncertainties and seize opportunities for strategic advancement.

Watts Water Technologies reports record Q1 performance amidst inflation concerns

Watts Water Technologies' Q1 performance was robust, driven by record sales and margin expansion. While challenges like inflation persist, strategic acquisitions and focus on profitability offer growth opportunities. The company remains cautious about the second half of 2023 but aims to maintain growth and enhance profitability.

Watts Water Technologies reports record Q2 earnings and growth opportunities

Watts Water Technologies delivered strong financial performance in Q2 2023 with record sales and earnings, driven by diversified revenue streams and successful integration of acquisitions. While facing challenges in the third quarter, the company remains optimistic about future growth opportunities through smart product sales and market expansion. Addressing concerns raised by analysts and staying committed to sustainability efforts will be key to sustaining long-term success.

Watts Water Technologies excels in Q3, eyes growth amid challenges

Watts Water Technologies delivered a record Q3 with strong financial performance and strategic acquisitions.
Challenges include softening markets in Europe, inflation impact, and lower organic sales expected.
Opportunities lie in cost synergies, market positioning, and confidence in certain segments.
Overall, the company remains well-positioned for growth and margin expansion in the future.

Watts Water Technologies excels in Q4 2023, eyes growth amid challenges

Watts Water Technologies delivered strong financial performance in Q4 2023, marked by record metrics and strategic acquisitions. While facing challenges in Europe and the Americas, the company is investing in technology and remains focused on sustainable growth. Opportunities exist in market segments like the Americas institutional and light industrial markets.

Watts Water Technologies reports record Q1 performance amidst global challenges

Watts Water Technologies delivered a strong performance in Q1 2024, with record sales and margins, driven by organic growth and strategic acquisitions. The company remains vigilant about market challenges, particularly in Europe, while focusing on enhancing sustainability efforts and integration of acquisitions.

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Watts Water (WTS) enters into an agreement to acquire Bradley Corporation for $303 million by the fourth quarter of 2023.

Watts Water (WTS) to Acquire Bradley Corporation for $303M

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Inc. to Acquire Bradley Corporation.

Watts Water Technologies Inc. to Acquire Bradley Corporation

Watts Water (WTS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Watts Water (WTS) Upgraded to Strong Buy: What Does It Mean for the Stock?

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STLA, HUBB, GLAD, WTS and TCPC have been added to the Zacks Rank #1 (Strong Buy) List on August 24, 2023.

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Watts Water's (WTS) performance benefits from strengthening momentum in the Asia-Pacific region and healthy growth in Europe.

Watts Water (WTS) Surges 28.2% YTD: Will the Uptrend Continue?

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the Seaport Research Partners Annual Summer Investor Virtual Conference.

Watts Water Technologies to Participate in the Seaport Research Partners Annual Summer Investor Virtual Conference

Does Watts Water (WTS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Watts Water (WTS) is a Great Momentum Stock to Buy

Watts Water Technologies, Inc. (NYSE:WTS ) Q2 2023 Earnings Call August 3, 2023 9:00 AM ET Company Participants Diane McClintock - SVP FP&A & Investor Relations Bob Pagano - President and Chief Executive Officer Shashank Patel - Chief Financial Officer Conference Call Participants Ryan Connors - Northcoast Research Adam Farley - Stifel Jeff Hammond - KeyBanc Capital Markets Mike Halloran - Baird Walt Liptak - Seaport Global Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today.

Watts Water Technologies, Inc. (WTS) Q2 2023 Earnings Call Transcript

Watts Water's (WTS) second-quarter performance benefits from higher revenue growth in APMEA and Europe.

Watts Water (WTS) Q2 Earnings Beat Estimates, Revenues Up Y/Y

The headline numbers for Watts Water (WTS) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Watts Water (WTS) Reports Q2 Earnings: What Key Metrics Have to Say

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES REPORTS RECORD SECOND QUARTER 2023 RESULTS.

Watts Water Technologies Reports Record Second Quarter 2023 Results

Watts Water (WTS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Watts Water (WTS) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Watts Water's (WTS) performance is gaining from product launches and synergies from acquisitions.

Watts Water (WTS) Soars 26.2% YTD: Will the Uptrend Continue?

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Announces Second Quarter 2023 Earnings Release and Earnings Conference Call.

Watts Water Technologies Announces Second Quarter 2023 Earnings Release and Earnings Conference Call

Watts Water Technologies, a provider of fluid and energy management goods and services, has a market capitalization of $6.13 billion and a strong return on invested capital of 18%. Despite surpassing earnings expectations, the stock is currently overvalued by approximately 32%, with analysts rating it as a hold. The company has a strong balance sheet and has been expanding its product line, including smart water management solutions, to meet changing customer needs.

Watts Water Technologies: Too Overvalued For My Liking

Watts Water (WTS) Gains 22.5% YTD: Will the Uptrend Last?

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Present during the TD Cowen Sustainability Conference 2023.

Watts Water Technologies to Present during the TD Cowen Sustainability Conference 2023

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the Deutsche Bank 14th Annual Global Industrials, Materials & Building Products Conference 2023.

Watts Water Technologies to Participate in the Deutsche Bank 14th Annual Global Industrials, Materials & Building Products Conference 2023

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Publishes its 2022 Sustainability Report.

Watts Water Technologies Publishes its 2022 Sustainability Report

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NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the Stifel 2023 Cross Sector Insight Conference.

Watts Water Technologies to Participate in the Stifel 2023 Cross Sector Insight Conference

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the KeyBanc Capital Markets' Industrials & Basic Materials Conference 2023.

Watts Water Technologies to Participate in the KeyBanc Capital Markets' Industrials & Basic Materials Conference 2023

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the 2023 RBC Capital Markets Future of Water Conference.

Watts Water Technologies to Participate in the 2023 RBC Capital Markets Future of Water Conference

Watts Water Technologies, Inc. (NYSE:WTS ) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Diane McClintock - Investor Relations Bob Pagano - President and Chief Executive Officer Shashank Patel - Chief Financial Officer Conference Call Participants Mike Halloran - Baird Jeff Hammond - KeyBanc Nathan Jones - Stifel Michael Anastasiou - TD Cowen Walt Liptak - Seaport Global Operator Ladies and gentlemen, thank you for standing by. My name is Brent and I will be your conference operator today.

Watts Water Technologies, Inc. (WTS) Q1 2023 Earnings Call Transcript

Watts Water (WTS) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.63 per share a year ago.

News for Watts Water Technologies Stock (WTS)