Watts Water Technologies (WTS) Expected to Announce Earnings on Wednesday

Key Points

• Watts Water Technologies (WTS) is set to release its Q2 2025 earnings on August 6, with expected earnings of $2.65 per share and revenue of $612.15 million.
• The company recently increased its dividend from $0.43 to $0.52 per share, reflecting a payout ratio of 23.83%.
• Insider transactions show a total of 15,768 shares valued at approximately $3.84 million sold over the last three months, indicating significant movement among company insiders.

Watts Water Technologies (NYSE:WTS - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $2.65 per share and revenue of $612.15 million for the quarter. Watts Water Technologies has set its FY 2025 guidance at EPS.

Watts Water Technologies (NYSE:WTS - Get Free Report) last released its earnings results on Wednesday, May 7th. The technology company reported $2.37 EPS for the quarter, beating analysts' consensus estimates of $2.12 by $0.25. The company had revenue of $558.00 million during the quarter, compared to the consensus estimate of $547.58 million. Watts Water Technologies had a return on equity of 17.59% and a net margin of 13.07%. Watts Water Technologies's quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.33 earnings per share. On average, analysts expect Watts Water Technologies to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Watts Water Technologies Price Performance

WTS stock traded down $2.90 during midday trading on Friday, hitting $259.42. 335,398 shares of the stock were exchanged, compared to its average volume of 190,806. The stock's 50-day moving average price is $247.27 and its 200-day moving average price is $223.58. The stock has a market cap of $8.66 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 3.74 and a beta of 1.13. Watts Water Technologies has a fifty-two week low of $177.59 and a fifty-two week high of $263.07. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.53 and a current ratio of 2.46.

Watts Water Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were given a $0.52 dividend. This is an increase from Watts Water Technologies's previous quarterly dividend of $0.43. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, May 30th. Watts Water Technologies's dividend payout ratio (DPR) is presently 23.83%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Northcoast Research downgraded Watts Water Technologies from a "buy" rating to a "neutral" rating in a research report on Friday, May 16th. Stifel Nicolaus boosted their price target on Watts Water Technologies from $275.00 to $290.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $234.20.

Insider Buying and Selling at Watts Water Technologies

In related news, major shareholder Timothy P. Horne sold 7,000 shares of the firm's stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $241.85, for a total value of $1,692,950.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Shashank Patel sold 8,000 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $245.00, for a total transaction of $1,960,000.00. Following the completion of the transaction, the chief financial officer directly owned 2,754 shares in the company, valued at approximately $674,730. This represents a 74.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,768 shares of company stock worth $3,841,417. Insiders own 1.00% of the company's stock.

Institutional Trading of Watts Water Technologies

Several large investors have recently made changes to their positions in WTS. Jones Financial Companies Lllp lifted its holdings in shares of Watts Water Technologies by 80.2% during the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the technology company's stock worth $222,000 after purchasing an additional 445 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Watts Water Technologies by 10.2% during the first quarter. Integrated Wealth Concepts LLC now owns 1,887 shares of the technology company's stock worth $385,000 after purchasing an additional 174 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Watts Water Technologies by 8.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,878 shares of the technology company's stock worth $20,163,000 after purchasing an additional 7,537 shares during the period. Institutional investors and hedge funds own 95.02% of the company's stock.

Watts Water Technologies Company Profile

Watts Water Technologies, Inc, together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa.