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, etc.; 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. Its products are marketed through brands like Watts, Apex, Bradley, Nexa, and others. Geographically, the company derives its key revenue from the Americas, followed by Europe and the APMEA region.
Employees: 4,800
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
417% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $224K
64% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 25
11% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 133
1.24% more ownership
Funds ownership: 96.03% [Q3] → 97.28% (+1.24%) [Q4]
1% more funds holding
Funds holding: 395 [Q3] → 397 (+2) [Q4]
1% less capital invested
Capital invested by funds: $5.45B [Q3] → $5.41B (-$41.7M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Goldman Sachs Brian Lee 43% 1-year accuracy 35 / 82 met price target | 1%upside $217 | Neutral Maintained | 12 Feb 2025 |
Stifel Nathan Jones 59% 1-year accuracy 42 / 71 met price target | 2%upside $219 | Hold Maintained | 12 Feb 2025 |
Deutsche Bank Andrew Krill 100% 1-year accuracy 1 / 1 met price target | 12%upside $240 | Hold Initiated | 17 Dec 2024 |
Financial journalist opinion
Based on 15 articles about WTS published over the past 30 days
