Inside the research
Watts Water Technologies, Inc.
WTS Research profile · latest available data
Price overview
$357.79
▲ +3.39 (+1.0%)
| 52w hi | $391.55 |
|---|---|
| 52w lo | $261.65 |
| Vol | 162.00K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.01
| Short | +0.01 |
|---|---|
| Medium | -0.02 |
| Long | +0.09 |
computed 2026-09-27
Key fundamentals
Watts Water Technologies, Inc.
Industrials · Specialty Industrial Machinery
| Market cap | $11.94B |
|---|---|
| Enterprise value | $11.81B |
| Trailing P/E | 31.55x |
| Forward P/E | 25.49x |
| EV / EBITDA | 20.32x |
| P / S (ttm) | 4.46x |
| Profit margin | 14.3% |
| Return on equity | 18.8% |
| Revenue growth | +18.6% |
| Earnings growth | +17.3% |
| Debt / equity | 9.67 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.28 | |
| Sector | -0.01 | |
| Technical | -0.02 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, leak detection and protection products, commercial washroom solutions, hydration solutions, and emergency safety products and equipment for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial, institutional, and industrial 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, the company offers drainage and water re-use products, such as drainage products, engineered rainwater harvesting solutions for commercial, industrial, marine, and residential applications; connected roof drain systems; and water quality products, including point-of-use and point-of-entry, closed loop, cooling tower, and other water applications for commercial, marine, and residential applications. It sells its products to plumbing, heating, and mechanical wholesale distributors and dealers; original equipment manufacturers; specialty product distributors; and do-it-yourself and retail chains, as well as wholesalers and private label accounts in the Americas, Europe, Asia-Pacific, Middle East, and Africa. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
Risk Metrics
| Beta vs SPX | 0.94 |
|---|---|
| Corr SPX | 0.54 |
| Annual vol | 27.8% |
| Annual ret | +31.7% |
| Sharpe | 1.14 |
| Max DD | -19.7% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $333.78 |
|---|---|
| High / Low | $379.00 / $275.00 |
| Median | $330.00 |
| Analysts | 9 |
| Strong Buy | 0 | |
|---|---|---|
| Buy | 2 | |
| Hold | 10 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-08 | RBC Capital | → Sector Perform |
| 2026-04-14 | Stifel | → Buy |
| 2026-02-17 | Goldman Sachs | → Neutral |
| 2026-02-13 | Stifel | → Buy |
| 2026-02-13 | RBC Capital | → Sector Perform |
| 2026-02-13 | Barclays | → Equal-Weight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Earnings Release, Exhibits | read |
| 2026-05-20 | Shareholder Vote | read |
| 2026-05-06 | Earnings Release, Exhibits | read |
| 2026-02-11 | Earnings Release, Exhibits | read |
| 2025-11-17 | Officer / Director Change, Exhibits | read |
| 2025-11-10 | Material Agreement, Officer / Director Change | read |
| 2025-11-05 | Earnings Release, Exhibits | read |
| 2025-08-06 | Earnings Release, Exhibits | read |
| 2025-07-14 | Officer / Director Change | read |
| 2025-05-22 | Shareholder Vote | read |
| 2025-05-07 | Earnings Release, Exhibits | read |
| 2025-02-10 | Earnings Release, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 95.7% |
| HHI | 2,856 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $333.62M | 852.51K |
| AQR Capital Management | $159.32M | 416.53K |
| Capital Research / Capital World | $93.64M | 239.21K |
| Renaissance Technologies | $70.44M | 179.94K |
| Millennium Management | $42.32M | 108.11K |
| Fidelity / FMR LLC | $18.51M | 47.28K |
| Citadel Advisors | $8.10M | 20.70K |
| Bridgewater Associates | $4.79M | 12.23K |
| T. Rowe Price Group | $263.54K | 673.23K |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.29% |
|---|---|
| $ / share (TTM) | $1.04 |
| 5y CAGR | +16.7% |
Annual dividend per share
| 2021 | $1.01 |
|---|---|
| 2022 | $1.16 |
| 2023 | $1.38 |
| 2024 | $1.65 |
| 2025 | $1.99 |
| 2026 | $0.52 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $2.25B | +3.1% | |
| Gross profit | $1.06B | +5.4% | |
| Operating income | $448.10M | +11.4% | |
| Net income | $340.80M | +31.1% | |
| Cash from ops | $361.10M | +12.8% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $355.20 | $360.36 | $355.20 | $357.79 | 162.00K |
| Sep 24 | $353.39 | $357.96 | $352.81 | $354.40 | 124.90K |
| Sep 23 | $353.29 | $360.91 | $351.71 | $357.29 | 175.40K |
| Sep 22 | $354.06 | $355.35 | $350.88 | $354.29 | 168.40K |
| Sep 21 | $352.57 | $352.92 | $348.70 | $350.62 | 150.20K |
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