NYSE:WTS - Watts Water Technologies Stock Price, Forecast & News

Watts Water Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTS."

Watts Water Technologies declared a quarterly dividend on Thursday, February 6th. Stockholders of record on Friday, February 28th will be given a dividend of $0.23 per share on Friday, March 13th. This represents a $0.92 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, February 27th. View Watts Water Technologies' Dividend History.

Watts Water Technologies Inc (NYSE:WTS) issued its quarterly earnings results on Monday, February, 10th. The technology company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. The technology company had revenue of $400.30 million for the quarter, compared to analyst estimates of $396.98 million. Watts Water Technologies had a net margin of 8.22% and a return on equity of 14.80%. Watts Water Technologies's quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the business posted $0.88 earnings per share. View Watts Water Technologies' Earnings History.

Watts Water Technologies is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Watts Water Technologies.

4 brokers have issued 12 month price targets for Watts Water Technologies' stock. Their forecasts range from $93.26 to $120.00. On average, they anticipate Watts Water Technologies' share price to reach $106.75 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets for Watts Water Technologies.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watts Water Technologies in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Watts Water Technologies.

News stories about WTS stock have been trending negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Watts Water Technologies earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next several days. View News Stories for Watts Water Technologies.

Watts Water Technologies saw a decline in short interest in January. As of January 31st, there was short interest totalling 391,200 shares, a decline of 17.7% from the January 15th total of 475,600 shares. Based on an average daily volume of 136,100 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.4% of the shares of the stock are short sold. View Watts Water Technologies' Current Options Chain.

Some companies that are related to Watts Water Technologies include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI) and ITT (ITT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Watts Water Technologies investors own include Weyerhaeuser (WY), Exxon Mobil (XOM), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA), IBM (IBM), Walmart (WMT), Wynn Resorts (WYNN), AES (AES), Alibaba Group (BABA) and Caterpillar (CAT).

Watts Water Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (4.38%), Victory Capital Management Inc. (4.32%), State Street Corp (2.39%), Goldman Sachs Group Inc. (2.05%), Renaissance Technologies LLC (1.27%) and Gabelli Funds LLC (1.17%). Company insiders that own Watts Water Technologies stock include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Munish Nanda, Robert J Pagano Jr and Timothy P Horne. View Institutional Ownership Trends for Watts Water Technologies.

WTS stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., William Blair Investment Management LLC, UBS Group AG, Palisade Capital Management LLC NJ, Oxford Asset Management LLP, Bank of New York Mellon Corp, Cubist Systematic Strategies LLC and Gabelli Funds LLC. Company insiders that have sold Watts Water Technologies company stock in the last year include Elie Melhem, Kenneth Robert Lepage and Timothy P Horne. View Insider Buying and Selling for Watts Water Technologies.

WTS stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Renaissance Technologies LLC, Victory Capital Management Inc., FIL Ltd, Man Group plc, Stifel Financial Corp, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Bank of Montreal Can. View Insider Buying and Selling for Watts Water Technologies.

Shares of WTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of WTS stock can currently be purchased for approximately $106.11.

Watts Water Technologies has a market capitalization of $3.60 billion and generates $1.60 billion in revenue each year. The technology company earns $131.50 million in net income (profit) each year or $4.07 on an earnings per share basis. Watts Water Technologies employs 4,800 workers across the globe.View Additional Information About Watts Water Technologies.

The official website for Watts Water Technologies is http://www.watts.com/.

Watts Water Technologies' mailing address is 815 CHESTNUT ST, NORTH ANDOVER MA, 01845. The technology company can be reached via phone at 978-688-1811 or via email at [email protected]