Mueller Water Products
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. The Water Flow Solutions segment, which derives maximum revenue for the company, includes products like 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. Geographically, the company derives a majority of its revenue from the United States and the rest from Canada and other international locations.
Employees: 3,400
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
480% more call options, than puts
Call options by funds: $87K | Put options by funds: $15K
71% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 34
20% more capital invested
Capital invested by funds: $2.57B [Q2] → $3.07B (+$502M) [Q3]
8% more funds holding
Funds holding: 299 [Q2] → 323 (+24) [Q3]
6% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 106
1.57% less ownership
Funds ownership: 92.31% [Q2] → 90.74% (-1.57%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$27
18%
upside
Avg. target
$27
18%
upside
High target
$27
18%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Oppenheimer Bryan Blair 63% 1-year accuracy 25 / 40 met price target | 18%upside $27 | Outperform Reiterated | 8 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 days ago
Mueller Water Products Announces Update on Board Refreshment Plan
Nominates Bentina Chisolm Terry and Leland Weaver to Join Board of Directors Two Long-Tenured Directors to Retire at Upcoming 2025 Annual Meeting of Stockholders ATLANTA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has nominated Bentina Chisolm Terry and Leland Weaver to join the Board for election at the Company's Annual Meeting of Stockholders on February 6, 2025. As part of the previously announced Board refreshment plan, Dr. Lydia Thomas and Ms.
Negative
Zacks Investment Research
2 weeks ago
Are Industrial Products Stocks Lagging Mueller Water Products (MWA) This Year?
Here is how Mueller Water Products (MWA) and Packaging Corp. (PKG) have performed compared to their sector so far this year.
Positive
Zacks Investment Research
1 month ago
Is Mueller Water Products (MWA) Stock Outpacing Its Industrial Products Peers This Year?
Here is how Mueller Water Products (MWA) and Packaging Corp. (PKG) have performed compared to their sector so far this year.
Neutral
Seeking Alpha
1 month ago
Mueller Water Products, Inc. (MWA) Q4 2024 Earnings Call Transcript
Mueller Water Products, Inc. (NYSE:MWA ) Q4 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Martie Zakas - CEO Steve Heinrichs - CFO Paul McAndrew - President & COO Whit Kincaid - IR Conference Call Participants Deane Dray - RBC Capital Markets Mike Halloran - Robert W. Baird Joe Giordano - TD Cowen Brian Lee - Goldman Sachs Walt Liptak - Seaport Research Operator Good morning, and thank you for standing by.
Neutral
GlobeNewsWire
1 month ago
Mueller Water Products to Participate in the Baird 2024 Global Industrial Conference
ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced that its management team will participate in the Baird 2024 Global Industrial Conference in Chicago on November 12, 2024. The accompanying presentation will be available on the Events and Presentations webpage under Investor Relations on the Company's website www.muellerwaterproducts.com.
Neutral
GlobeNewsWire
1 month ago
Mueller Water Products Reports Fourth Quarter and Full Year 2024 Results
Achieved Net Sales of $348.2 Million in Quarter, $1.3 Billion in Fiscal Year Earned Net Income per Diluted Share of $0.06 in Quarter, $0.74 in Fiscal Year Reported Adjusted Net Income per Diluted Share of $0.22 in Quarter, $0.96 in Fiscal Year Generated Adjusted EBITDA of $72.5 Million in Quarter, $284.7 Million in Fiscal Year ATLANTA, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced financial results for its fourth quarter and fiscal year ended September 30, 2024. In the fourth quarter, the Company: Increased net sales 15.5 percent to $348.2 million as compared with $301.4 million in the prior year quarter Reported operating income of $28.4 million as compared with $24.9 million in the prior year quarter and increased adjusted operating income 41.6 percent to $56.5 million as compared with $39.9 million in the prior year quarter Reported operating margin of 8.2 percent as compared with 8.3 percent in the prior year quarter and increased adjusted operating margin to 16.2 percent as compared with 13.2 percent in the prior year quarter Generated net income of $10.0 million as compared with $17.2 million in the prior year quarter, with net income margin of 2.9 percent as compared with 5.7 percent in the prior year quarter, and increased adjusted net income 14.1 percent to $33.9 million as compared with $29.7 million in the prior year quarter Reported net income per diluted share of $0.06 as compared with $0.11 in the prior year quarter and increased adjusted net income per diluted share 15.8 percent to $0.22 as compared with $0.19 in the prior year quarter Increased adjusted EBITDA 30.9 percent to $72.5 million as compared with $55.4 million in the prior year quarter and improved adjusted EBITDA margin to 20.8 percent as compared with 18.4 percent in the prior year quarter In the fiscal year, the Company: Increased net sales 3.1 percent to $1,314.7 million as compared with the prior year of $1,275.7 million Reported operating income of $181.7 million as compared with $127.4 million in the prior year and increased adjusted operating income 55.3 percent to $222.5 million as compared with $143.3 million in the prior year Reported operating margin of 13.8 percent as compared with 10.0 percent in the prior year and increased adjusted operating margin to 16.9 percent as compared with 11.2 percent in the prior year Generated net income of $115.9 million as compared with $85.5 million in the prior year, with net income margin of 8.8 percent as compared with 6.7 percent in the prior year, and increased adjusted net income 53.3 percent to $150.2 million as compared with $98.0 million in the prior year Reported net income per diluted share of $0.74 as compared with $0.55 in the prior year, and increased adjusted net income per diluted share 52.4 percent to $0.96 as compared with $0.63 in the prior year Increased adjusted EBITDA 40.9 percent to $284.7 million as compared with $202.1 million in the prior year, resulting in adjusted EBITDA margin of 21.7 percent as compared with 15.8 percent in the prior year Increased net cash provided by operating activities $129.8 million to $238.8 million as compared with $109.0 million in the prior year and increased free cash flow $130.0 million to $191.4 million as compared with $61.4 million in the prior year Returned $49.9 million to shareholders through dividends and common stock repurchases “We delivered a strong fourth quarter with healthy order levels supported by steady end market demand and focused customer service.
Neutral
Forbes
1 month ago
Ex-Dividend Reminder: Federated Hermes, Apple And Mueller Water
On 11/8/24, Federated Hermes, Apple and Mueller Water Products will all trade ex-dividend for their respective upcoming dividends. Federated Hermes Inc will pay its quarterly dividend of $0.31 on 11/15/24, Apple Inc will pay its quarterly dividend of $0.25 on 11/14/24, and Mueller Water Products will pay its quarterly dividend of $0.067 on 11/20/24.
Positive
Seeking Alpha
1 month ago
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.
Neutral
GlobeNewsWire
1 month ago
Mueller Water Products Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
ATLANTA, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its fourth quarter and full year ended September 30, 2024, after U.S. markets close on Wednesday, November 6, 2024. On Thursday, November 7, 2024, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company's website www.muellerwaterproducts.com . An archive of the webcast will be available for approximately 90 days following the call.
Neutral
GlobeNewsWire
1 month ago
Mueller Water Products Increases Quarterly Dividend
ATLANTA, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared an increase to the Company's quarterly dividend by approximately 4.7% to $0.067 per share from $0.064, payable on or about November 20, 2024, to stockholders of record as of the close of business on November 8, 2024.
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