Watts Water Technologies
About: Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
Employees: 5,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
187% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $477K
13% more capital invested
Capital invested by funds: $4.83B [Q2] → $5.45B (+$618M) [Q3]
0.28% less ownership
Funds ownership: 96.32% [Q2] → 96.03% (-0.28%) [Q3]
9% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 45
2% less funds holding
Funds holding: 403 [Q2] → 394 (-9) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 157
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Deutsche Bank Andrew Krill 100% 1-year accuracy 1 / 1 met price target | 16%upside $240 | Hold Initiated | 17 Dec 2024 |
Stifel Nathan Jones 65% 1-year accuracy 44 / 68 met price target | 5%upside $218 | Hold Maintained | 11 Dec 2024 |
Northcoast Research Ryan Connors 60% 1-year accuracy 3 / 5 met price target | 8%upside $225 | Buy Upgraded | 4 Nov 2024 |
Financial journalist opinion
Based on 5 articles about WTS published over the past 30 days
