About Watts Water Technologies (NYSE:WTS)
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 residential and commercial markets. It offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. The company also provides heating, ventilation, and air conditioning and gas products comprising boilers, water heaters, and heating solutions; 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, it offers drainage and water re-use products consisting of drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products, such as point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, and do-it-yourself (DIY) chains; and directly to wholesalers and private label accounts. It operates in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
Industry, Sector and Symbol
Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
SectorComputer and Technology
SymbolNYSE:WTS
CUSIP94274910
Phone978-688-1811
Debt
Debt-to-Equity Ratio0.57%
Current Ratio2.39%
Quick Ratio1.60%
Price-To-Earnings
Trailing P/E Ratio26.41
Forward P/E Ratio21.97
P/E Growth1.83
Sales & Book Value
Annual Sales$1.46 billion
Price / Sales1.87
Cash Flow$4.5781 per share
Price / Cash17.42
Book Value$24.31 per share
Price / Book3.28
Profitability
EPS (Most Recent Fiscal Year)$3.02
Net Income$73.10 million
Net Margins5.02%
Return on Equity12.93%
Return on Assets6.02%
Miscellaneous
Employees4,800
Outstanding Shares34,070,000
Watts Water Technologies (NYSE:WTS) Frequently Asked Questions
What is Watts Water Technologies' stock symbol?
Watts Water Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTS."
How often does Watts Water Technologies pay dividends? What is the dividend yield for Watts Water Technologies?
Watts Water Technologies announced a quarterly dividend on Thursday, February 8th. Stockholders of record on Friday, March 2nd will be paid a dividend of $0.19 per share on Friday, March 16th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, March 1st. View Watts Water Technologies' Dividend History.
How were Watts Water Technologies' earnings last quarter?
Watts Water Technologies (NYSE:WTS) released its quarterly earnings data on Monday, February, 12th. The technology company reported $0.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.73 by $0.01. The technology company earned $366.30 million during the quarter, compared to analyst estimates of $365.35 million. Watts Water Technologies had a return on equity of 12.93% and a net margin of 5.02%. The business's revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.64 EPS. View Watts Water Technologies' Earnings History.
When is Watts Water Technologies' next earnings date?
What price target have analysts set for WTS?
9 analysts have issued 12-month target prices for Watts Water Technologies' shares. Their predictions range from $58.00 to $90.00. On average, they anticipate Watts Water Technologies' stock price to reach $79.50 in the next year. View Analyst Ratings for Watts Water Technologies.
Who are some of Watts Water Technologies' key competitors?
Some companies that are related to Watts Water Technologies include SES (SGBAF), Cavium (CAVM), Siliconware Precision Industries (SPIL), Lenovo (LNVGY), RingCentral (RNG), Echostar (SATS), Blackbaud (BLKB), FICO (FICO), ARRIS Group (ARRS), Littelfuse (LFUS), Eutelsat Comms (EUTLF), Monolithic Power Systems (MPWR), Zendesk (ZEN), Teradata (TDC), DST Systems (DST), Avnet (AVT), Jabil (JBL) and Alps Electric Co.,Ltd. (APELY).
Who are Watts Water Technologies' key executives?
Watts Water Technologies' management team includes the folowing people:
- Mr. Robert J. Pagano Jr., CEO, Pres & Director (Age 55)
- Mr. Kenneth R. Lepage, Exec. VP, Gen. Counsel & Sec. (Age 47)
- Mr. Elie A. Melhem, Pres of Asia-Pacific, the Middle East & Africa (Age 55)
- Mr. Munish Nanda, Pres of Americas & Europe (Age 53)
- Ms. Virginia A. Halloran, Chief Accounting Officer (Age 38)
Has Watts Water Technologies been receiving favorable news coverage?
News articles about WTS stock have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Watts Water Technologies earned a daily sentiment score of 0.16 on Accern's scale. They also gave press coverage about the technology company an impact score of 48.15 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Watts Water Technologies' major shareholders?
Watts Water Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include
HORNE TIMOTHY P
(18.60%) and BOVILL USA INC. (6.30%). Company insiders that own Watts Water Technologies stock include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Munish Nanda, Richard J Cathcart, Robert J Pagano Jr, Timothy P Horne and Todd A Trapp. View Institutional Ownership Trends for Watts Water Technologies.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Watts Water Technologies' stock price today?
One share of WTS stock can currently be purchased for approximately $79.75.
How big of a company is Watts Water Technologies?
Watts Water Technologies has a market capitalization of $2.72 billion and generates $1.46 billion in revenue each year. The technology company earns $73.10 million in net income (profit) each year or $3.02 on an earnings per share basis. Watts Water Technologies employs 4,800 workers across the globe.
How can I contact Watts Water Technologies?
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]
MarketBeat Community Rating for Watts Water Technologies (WTS)
MarketBeat's community ratings are surveys of what our community members think about Watts Water Technologies and other stocks. Vote "Outperform" if you believe WTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
Watts Water Technologies (NYSE:WTS) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Watts Water Technologies in the last 12 months. Their average twelve-month price target is $79.50, suggesting that the stock has a possible downside of 0.31%. The high price target for WTS is $90.00 and the low price target for WTS is $58.00. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.33 | 2.33 | 2.33 | 2.43 |
| Ratings Breakdown: | 0 Sell Rating(s)
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $79.50 | $79.50 | $77.00 | $69.20 |
| Price Target Upside: | 0.31% downside | 2.27% downside | 2.35% downside | 0.14% upside |
Watts Water Technologies (NYSE:WTS) Consensus Price Target History
Watts Water Technologies (NYSE:WTS) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
Watts Water Technologies (NYSE:WTS) Dividend Information
Watts Water Technologies pays an annual dividend of $0.76 per share, with a dividend yield of 0.95%. WTS's most recent quarterly dividend payment was Friday, March 16. The company has grown its dividend for the last 5 consecutive years and is increasing its dividend by an average of 8.90% each year. Watts Water Technologies pays out 25.17% of its earnings out as a dividend.
| Most Recent Dividend: | 3/16/2018 |
| Annual Dividend: | $0.76 |
| Dividend Yield: | 0.95% |
| Dividend Growth: | 8.90% (3 Year Average) |
| Payout Ratio: | 25.17% (Trailing 12 Months of Earnings)
20.94% (Based on This Year's Estimates)
19.10% (Based on Next Year's Estimates)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Watts Water Technologies (NYSE:WTS) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/8/2018 | quarterly | $0.19 | 0.98% | 3/1/2018 | 3/2/2018 | 3/16/2018 |
| 10/30/2017 | quarterly | $0.19 | 1.13% | 11/30/2017 | 12/1/2017 | 12/15/2017 |
| 8/2/2017 | quarterly | $0.19 | 1.18% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 5/9/2017 | quarterly | $0.19 | 1.19% | 5/31/2017 | 6/2/2017 | 6/16/2017 |
| 2/8/2017 | quarterly | $0.18 | 1.09% | 2/28/2017 | 3/2/2017 | 3/16/2017 |
| 11/1/2016 | quarterly | $0.18 | 1.21% | 11/30/2016 | 12/2/2016 | 12/16/2016 |
| 8/4/2016 | quarterly | $0.18 | 1.15% | 8/31/2016 | 9/2/2016 | 9/16/2016 |
| 5/10/2016 | quarterly | $0.18 | 1.28% | 5/31/2016 | 6/2/2016 | 6/16/2016 |
| 2/11/2016 | quarterly | $0.17 | 1.36% | 2/29/2016 | 3/2/2016 | 3/16/2016 |
| 10/27/2015 | quarterly | $0.17 | 1.14% | 11/25/2015 | 11/30/2015 | 12/11/2015 |
| 7/29/2015 | special | $0.17 | 1.22% | 8/13/2015 | 8/17/2015 | 8/28/2015 |
| 4/29/2015 | quarterly | $0.17 | 1.25% | 5/14/2015 | 5/18/2015 | 5/29/2015 |
| 2/12/2015 | quarterly | $0.15 | 1% | 2/26/2015 | 3/2/2015 | 3/13/2015 |
| 10/28/2014 | quarterly | $0.15 | 0.98% | 11/20/2014 | 11/24/2014 | 12/5/2014 |
| 7/29/2014 | quarterly | $0.15 | 1% | 8/14/2014 | 8/18/2014 | 8/29/2014 |
| 4/29/2014 | quarterly | $0.15 | 1.13% | 5/15/2014 | 5/19/2014 | 5/30/2014 |
| 2/18/2014 | quarterly | $0.13 | 0.87% | 2/26/2014 | 2/28/2014 | 3/14/2014 |
| 10/29/2013 | quarterly | $0.13 | 0.9% | 11/14/2013 | 11/18/2013 | 11/29/2013 |
| 7/30/2013 | quarterly | $0.13 | 0.99% | 8/15/2013 | 8/19/2013 | 8/30/2013 |
| 4/30/2013 | quarterly | $0.13 | 1.18% | 5/16/2013 | 5/20/2013 | 5/31/2013 |
| 2/19/2013 | quarterly | $0.11 | 0.96% | 2/27/2013 | 3/1/2013 | 3/15/2013 |
(Data available from 1/1/2013 forward)
Watts Water Technologies (NYSE WTS) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.10%
Institutional Ownership Percentage: 77.22%
Watts Water Technologies (NYSE WTS) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/8/2018 | Timothy P Horne | Major Shareholder | Sell | 10,168 | $77.00 | $782,936.00 | 39,832 |  |
| 2/21/2018 | Robert J Pagano Jr | Insider | Sell | 16,248 | $76.89 | $1,249,308.72 | | |
| 2/15/2018 | Munish Nanda | Insider | Sell | 6,953 | $75.66 | $526,063.98 | 31,560 | |
| 2/15/2018 | Todd A Trapp | CFO | Sell | 8,975 | $75.88 | $681,023.00 | 26,129 | |
| 12/11/2017 | Robert J Pagano Jr | CEO | Sell | 3,951 | $73.09 | $288,778.59 | 137,474 | |
| 12/8/2017 | Robert J Pagano Jr | CEO | Sell | 11,852 | $73.53 | $871,477.56 | 137,474 | |
| 11/16/2017 | Elie Melhem | Insider | Sell | 2,545 | $70.48 | $179,371.60 | | |
| 8/25/2017 | Elie Melhem | Insider | Sell | 3,306 | $62.11 | $205,335.66 | 32,128 | |
| 6/9/2017 | Elie Melhem | Insider | Sell | 1,281 | $64.42 | $82,522.02 | 29,493 | |
| 3/13/2017 | Elie Melhem | Insider | Sell | 1,000 | $61.75 | $61,750.00 | 30,039 | |
| 3/2/2017 | Kenneth Robert Lepage | General Counsel | Sell | 10,147 | $65.00 | $659,555.00 | 39,102 | |
| 11/14/2016 | Richard J Cathcart | Director | Sell | 1,000 | $68.47 | $68,470.00 | 18,032 | |
| 11/11/2016 | Elie Melhem | Insider | Sell | 6,143 | $67.78 | $416,372.54 | 32,464 | |
| 8/17/2016 | Kenneth Robert Lepage | General Counsel | Sell | 31,362 | $64.53 | $2,023,789.86 | 75,727 | |
| 8/9/2016 | Elie Melhem | Insider | Sell | 5,192 | $62.44 | $324,188.48 | 32,656 | |
| 6/21/2016 | Kenneth Robert Lepage | General Counsel | Sell | 14,406 | $60.00 | $864,360.00 | 65,976 | |
| 6/20/2016 | Kenneth Robert Lepage | General Counsel | Sell | 594 | $60.00 | $35,640.00 | 52,164 | |
| 6/8/2016 | Kenneth Robert Lepage | General Counsel | Sell | 15,000 | $59.00 | $885,000.00 | 66,570 | |
| 6/6/2016 | Kenneth Robert Lepage | General Counsel | Sell | 10,000 | $58.00 | $580,000.00 | 61,570 | |
| 6/6/2016 | Timothy P Horne | Major Shareholder | Sell | 25,000 | $57.50 | $1,437,500.00 | 6,781 | |
| 6/1/2016 | Timothy P Horne | Major Shareholder | Sell | 25,000 | $57.14 | $1,428,500.00 | 25,000 | |
| 5/31/2016 | Joseph T Noonan | Director | Sell | 3,922 | $57.45 | $225,318.90 | 5,000 | |
| 5/17/2016 | Elie Melhem | Insider | Sell | 1,238 | $55.91 | $69,216.58 | 25,373 | |
| 3/1/2016 | Elie Melhem | Insider | Sell | 1,000 | $52.09 | $52,090.00 | 26,611 | |
| 2/19/2016 | John K Mcgillicuddy | Director | Sell | 1,000 | $53.47 | $53,470.00 | 17,542 | |
| 11/25/2015 | Timothy P Horne | Major Shareholder | Sell | 16,347 | $56.00 | $915,432.00 | 50,000 | |
| 11/24/2015 | Timothy P Horne | Major Shareholder | Sell | 21,100 | $55.50 | $1,171,050.00 | 66,347 | |
| 11/23/2015 | Timothy P. Horne | major shareholder | Sell | 3,900 | $55.64 | $216,996.00 | 87,447 | |
| 11/16/2015 | Elie Melhem | Insider | Sell | 1,200 | $53.70 | $64,440.00 | 23,735 | |
| 11/6/2015 | Timothy P. Horne | major shareholder | Sell | 8,653 | $56.50 | $488,894.50 | 91,347 | |
| 9/3/2015 | Elie Melhem | insider | Sell | 1,212 | $53.73 | $65,120.76 | 24,935 | |
| 8/14/2015 | Timothy P Horne | Major Shareholder | Sell | 5,000 | $57.36 | $286,800.00 | | |
| 5/20/2015 | John K Mcgillicuddy | Director | Sell | 1,000 | $55.29 | $55,290.00 | | |
| 3/5/2015 | Elie Melhem | Insider | Sell | 1,600 | $54.48 | $87,168.00 | | |
| 9/2/2014 | Kenneth Robert Lepage | General Counsel | Sell | 6,000 | $64.00 | $384,000.00 | | |
| 8/5/2014 | Elie Melhem | Insider | Sell | 5,625 | $57.38 | $322,762.50 | | |
| 2/26/2014 | Kenneth Robert Lepage | General Counsel | Sell | 4,000 | $61.00 | $244,000.00 | 42,845 | |
| 2/26/2014 | Timothy Horne | major shareholder | Sell | 11,294 | $61.17 | $690,853.98 | | |
| 2/25/2014 | Timothy Horne | major shareholder | Sell | 19,926 | $60.50 | $1,205,523.00 | 11,294 | |
| 11/6/2013 | Joseph Noonan | Director | Sell | 15,000 | $58.15 | $872,250.00 | 1,643 | |
| 8/23/2013 | Timothy Horne | major shareholder | Sell | 53,170 | $54.04 | $2,873,306.80 | 31,220 | |
| 8/9/2013 | Timothy Macphee | CAO | Sell | 8,750 | $53.30 | $466,375.00 | 15,393 | |
| 8/8/2013 | Elie Melhem | Insider | Sell | 1,817 | $53.22 | $96,700.74 | 12,212 | |
| 8/5/2013 | Elie Melhem | Insider | Sell | 8,113 | $53.79 | $436,398.27 | 14,029 | |
| 8/5/2013 | John K Mcgillicuddy | Director | Sell | 1,967 | $54.40 | $107,004.80 | | |
| 8/1/2013 | Kenneth Robert Lepage | General Counsel | Sell | 3,000 | $54.00 | $162,000.00 | | |
| 7/19/2013 | Kenneth Robert Lepage | General Counsel | Sell | 4,894 | $52.00 | $254,488.00 | | |
| 5/24/2013 | J Dennis Cawte | Director | Sell | 12,499 | $46.73 | $584,078.27 | | |
| 5/16/2013 | J Dennis Cawte | Director | Sell | 24,711 | $46.95 | $1,160,181.45 | | |
| 5/15/2013 | John K Mcgillicuddy | Director | Sell | 1,127 | $48.23 | $54,355.21 | | |
| 8/22/2012 | Timothy P Horne | Major Shareholder | Sell | 80,200 | $38.10 | $3,055,620.00 | | |
| 8/9/2012 | William C Mccartney | CFO | Sell | 4,930 | $37.60 | $185,368.00 | | |
(Data available from 1/1/2013 forward)
Watts Water Technologies (NYSE WTS) News Headlines
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Watts Water Technologies (NYSE:WTS) SEC Filings
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Watts Water Technologies (NYSE:WTS) Income Statement, Balance Sheet and Cash Flow Statement
Watts Water Technologies (NYSE WTS) Stock Chart for Sunday, April, 22, 2018
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