Mueller Water Products
MWA

$20.33

0.52%

Market Cap: $3.16B

About: Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. Water Flow Solutions' portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. The company derives a majority of its revenue from the United states.

Employees: 3,200

Consumer Discretionary Miscellaneous Fabricated Metal Products

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

289% more call options, than puts

Call options by funds: $70K | Put options by funds: $18K

123% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 31

15% more funds holding

Funds holding: 261 [Q1] → 299 (+38) [Q2]

11% more capital invested

Capital invested by funds: $2.28B [Q1] → $2.53B (+$252M) [Q2]

2.97% more ownership

Funds ownership: 87.87% [Q1] → 90.84% (+2.97%) [Q2]

5% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 97

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

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Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$20

2%

downside

Avg. target

$22

9%

upside

High target

$24

18%

upside

4 analyst ratings

2 positive

50%

2 neutral

50%

0 negative

0%

TD Cowen Joseph Giordano 37% 1-year accuracy 7 / 19 met price target	2%downside $20	Hold Downgraded	9 Aug 2024
RBC Capital Deane Dray 61% 1-year accuracy 37 / 61 met price target	13%upside $23	Sector Perform Maintained	7 Aug 2024
Oppenheimer Bryan Blair 74% 1-year accuracy 25 / 34 met price target	18%upside $24	Outperform Maintained	7 Aug 2024
Oppenheimer Bryan Blair 74% 1-year accuracy 25 / 34 met price target	8%upside $22	Outperform Maintained	2 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about MWA published over the past 30 days

Mueller Water Products Releases Fourth ESG Report

ATLANTA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water, announced today it has released its fourth Environmental, Social and Governance (ESG) report, sharing the company's ongoing progress to becoming a more sustainable, innovative and impactful organization.

Mueller Water Products Releases Fourth ESG Report

Mueller Water Products Announces CFO Succession Plan

ATLANTA, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that Steven (“Steve”) S. Heinrichs will be transitioning from his position as Chief Financial Officer and Chief Legal and Compliance Officer effective December 31, 2024. The Company also announced today it has initiated a comprehensive process with a leading executive search firm to identify a new Chief Financial Officer.

Mueller Water Products Announces CFO Succession Plan

Zacks Investment Research

5 Relative Price Strength Stocks That You Should Buy Now

SNCR, MCY, UHS, VCYT and MWA are five stocks with explosive relative price strength.

5 Relative Price Strength Stocks That You Should Buy Now

Zacks Investment Research

MUELLER WATER PRODUCTS (MWA) Hits Fresh High: Is There Still Room to Run?

Mueller Water Products (MWA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

MUELLER WATER PRODUCTS (MWA) Hits Fresh High: Is There Still Room to Run?

Zacks Investment Research

Are Industrial Products Stocks Lagging Mueller Water Products (MWA) This Year?

Here is how Mueller Water Products (MWA) and Northwest Pipe Co. (NWPX) have performed compared to their sector so far this year.

Are Industrial Products Stocks Lagging Mueller Water Products (MWA) This Year?

Mueller Water Products to Participate in the Raymond James Industrial and Energy Showcase

ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced that its management team will participate in the Raymond James Industrial and Energy Showcase (virtual) on August 8, 2024, with management hosting investor meetings. The presentation will be available on the Investor Relations section of the Company's website www.muellerwaterproducts.com.

Mueller Water Products to Participate in the Raymond James Industrial and Energy Showcase

Mueller Water Products, Inc. (MWA) Q3 2024 Earnings Call Transcript

Mueller Water Products, Inc. (NYSE:MWA ) Q3 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Whit Kincaid - Senior Director, Investor Relations & Corporate Development Marietta Zakas - Chief Executive Officer Steve Heinrichs - Chief Financial Officer & Chief Legal Officer Paul McAndrew - President & Chief Operating Officer Conference Call Participants Bryan Blair - Oppenheimer Mike Halloran - Baird Deane Dray - RBC Capital Markets Joe Giordano - TD Cowen Brian Lee - Goldman Sachs Walt Liptak - Seaport Research Operator Welcome, and thank you for standing by. [Operator Instructions] Today's call is also being recorded.

Mueller Water Products, Inc. (MWA) Q3 2024 Earnings Call Transcript

Mueller Water Products: After A Surge, It's Time To Turn The Tap Down

Mueller Water Products had a rough day in the market but saw a significant increase in after-hours trading after strong financial results for Q3 2024. Q3 2024 showed great revenue and earnings growth for the company, with improved profitability metrics across the board. Despite the positive results, the stock is now more fairly valued, leading to a downgrade to a 'hold' recommendation.

Mueller Water Products: After A Surge, It's Time To Turn The Tap Down

Mueller Water Products Reports 2024 Third Quarter Results

Increased Net Sales 9.2 percent to $356.7 Million Reported Net Income per Diluted Share of $0.30 Achieved Record Adjusted Net Income per Diluted Share of $0.32 Raises Annual Guidance for Net Sales and Adjusted EBITDA ATLANTA, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced financial results for its 2024 third quarter ended June 30, 2024. In the third quarter of 2024, the Company: Delivered net sales of $356.7 million, a 9.2 percent increase as compared with $326.6 million in the prior year quarter Reported operating income of $67.0 million as compared with $35.6 million in the prior year quarter and increased adjusted operating income 77.0 percent to $69.9 million as compared with $39.5 million in the prior year quarter Reported operating margin of 18.8 percent as compared with 10.9 percent in the prior year quarter and increased adjusted operating margin to 19.6 percent as compared with 12.1 percent in the prior year quarter Reported net income of $47.3 million as compared with $24.5 million in the prior year quarter, with net income margin of 13.3 percent as compared with 7.5 percent in the prior year quarter, and increased adjusted net income 79.3 percent to $49.5 million as compared with $27.6 million in the prior year quarter Reported net income per diluted share of $0.30 as compared with $0.16 in the prior year quarter and increased adjusted net income per diluted share 77.8 percent to $0.32 as compared with $0.18 in the prior year quarter Increased adjusted EBITDA 56.6 percent to $85.2 million as compared with $54.4 million in the prior year quarter and improved adjusted EBITDA margin to 23.9 percent as compared with 16.7 percent in the prior year quarter Increased net cash provided by operating activities for the nine-month period by $97.0 million to $149.5 million as compared with $52.5 million in the prior year period Increased free cash flow for the nine-month period by $101.4 million to $121.5 million as compared with $20.1 million in the prior year period “We are pleased to report a record third quarter that exceeded our expectations.

Mueller Water Products Reports 2024 Third Quarter Results

Zacks Investment Research

Mueller Water Products (MWA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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

Mueller Water Products (MWA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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