20 hours Ago By Defense World Staff
Empowered Funds LLC boosted its stake in Watts Water Technologies, Inc. (NYSE:WTS – Free Report) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 1,652 shares of the technology company’s stock after acquiring an additional 60 shares during the period. Empowered Funds LLC’s holdings in Watts Water Technologies were worth $336,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also added to or reduced their stakes in WTS.
UMB Bank n.a. lifted its position in shares of Watts Water Technologies by 59.
8% in the 4th quarter. UMB Bank n.a.
now owns 155 shares of the technology company’s stock worth $32,000 after purchasing an additional 58 shares during the period. Whittier Trust Co. of Nevada Inc.
acquired a new position in Watts Water Technologies in the third quarter valued at $68,000. CWM LLC lifted its holdings in Watts Water Technologies by 24.4% in the third quarter.
CWM LLC now owns 392 shares of the technology company’s stock valued at $81,000 after buying an additional 77 shares during the period. Blue Trust Inc. boosted its position in Watts Water Technologies by 99.
3% during the third quarter. Blue Trust Inc. now owns 544 shares of the technology company’s stock valued at $113,000 after acquiring an additional 271 shares during the last quarter.
Finally, Quantinno Capital Management LP acquired a new stake in Watts Water Technologies during the 3rd quarter worth about $231,000. Institutional investors and hedge funds own 95.02% of the company’s stock.
Watts Water Technologies Stock Up 0.3 %Shares of NYSE:WTS opened at $219.23 on Friday.
The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.65 and a current ratio of 2.
59. Watts Water Technologies, Inc. has a 52-week low of $175.
37 and a 52-week high of $232.60. The business’s 50 day simple moving average is $208.
14 and its two-hundred day simple moving average is $203.85. The firm has a market cap of $7.
31 billion, a P/E ratio of 25.23, a PEG ratio of 3.40 and a beta of 0.
93. Watts Water Technologies (NYSE:WTS – Get Free Report) last issued its earnings results on Monday, February 10th. The technology company reported $2.
05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.14.
Watts Water Technologies had a return on equity of 18.08% and a net margin of 12.93%.
As a group, research analysts forecast that Watts Water Technologies, Inc. will post 9.08 EPS for the current fiscal year.
Watts Water Technologies Announces DividendThe firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.43 per share.
This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.78%.
The ex-dividend date of this dividend is Friday, February 28th. Watts Water Technologies’s dividend payout ratio is currently 19.79%.
Wall Street Analysts Forecast GrowthA number of brokerages have recently issued reports on WTS. Northcoast Research raised Watts Water Technologies from a “neutral” rating to a “buy” rating and set a $225.00 price objective on the stock in a research note on Monday, November 4th.
The Goldman Sachs Group boosted their price target on Watts Water Technologies from $197.00 to $217.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th.
Stifel Nicolaus increased their price target on Watts Water Technologies from $218.00 to $219.00 and gave the stock a “hold” rating in a report on Wednesday, February 12th.
Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Watts Water Technologies in a research note on Tuesday, December 17th. They issued a “hold” rating and a $240.00 price objective for the company.
Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $220.00.
Get Our Latest Report on Watts Water TechnologiesWatts Water Technologies Company Profile (Free Report)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 in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa.Read MoreFive stocks we like better than Watts Water Technologies3 Home Improvement Stocks that Can Upgrade Your PortfolioRay Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024How to Invest in Tech Stocks and Top Tech Stocks to ConsiderWalmart Faces Tariff Headwinds, Consumer Trends Remain PositiveRoth IRA Calculator: Calculate Your Potential ReturnsTesla: 2 Reasons to Buy, 1 Reason to RunWant to see what other hedge funds are holding WTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Watts Water Technologies, Inc.
(NYSE:WTS – Free Report)..
