20 hours Ago By ABMN Staff
Empowered Funds LLC boosted its stake in Watts Water Technologies, Inc. ( NYSE:WTS – Free Report ) by 3.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission.
The fund owned 1,652 shares of the technology company’s stock after buying an additional 60 shares during the quarter. Empowered Funds LLC’s holdings in Watts Water Technologies were worth $336,000 as of its most recent SEC filing. Other large investors have also bought and sold shares of the company.
Champlain Investment Partners LLC bought a new stake in shares of Watts Water Technologies in the 3rd quarter worth $47,238,000. Boston Trust Walden Corp boosted its holdings in Watts Water Technologies by 60.3% during the third quarter.
Boston Trust Walden Corp now owns 520,189 shares of the technology company’s stock worth $107,778,000 after purchasing an additional 195,778 shares during the last quarter. Erste Asset Management GmbH bought a new stake in Watts Water Technologies in the 3rd quarter worth about $10,792,000. Allspring Global Investments Holdings LLC increased its stake in Watts Water Technologies by 79.
8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 106,183 shares of the technology company’s stock valued at $22,000,000 after buying an additional 47,123 shares during the last quarter. Finally, Retirement Systems of Alabama lifted its position in shares of Watts Water Technologies by 122.
9% during the 4th quarter. Retirement Systems of Alabama now owns 74,194 shares of the technology company’s stock worth $15,084,000 after buying an additional 40,912 shares in the last quarter. 95.
02% of the stock is currently owned by institutional investors. Analyst Ratings Changes Several equities analysts have recently issued reports on WTS shares. Stifel Nicolaus upped their target price on Watts Water Technologies from $218.
00 to $219.00 and gave the company a “hold” rating in a report on Wednesday, February 12th. 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 report on Monday, November 4th. The Goldman Sachs Group raised their target price on Watts Water Technologies from $197.00 to $217.
00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Watts Water Technologies in a report on Tuesday, December 17th. They issued a “hold” rating and a $240.
00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.
com, the stock presently has a consensus rating of “Hold” and an average price target of $220.00. Watts Water Technologies Price Performance Watts Water Technologies stock opened at $219.
23 on Friday. The business’s 50 day simple moving average is $208.14 and its 200 day simple moving average is $203.
85. Watts Water Technologies, Inc. has a 12 month low of $175.
37 and a 12 month high of $232.60. The company has a market cap of $7.
31 billion, a price-to-earnings ratio of 25.23, a PEG ratio of 3.40 and a beta of 0.
93. The company has a current ratio of 2.59, a quick ratio of 1.
65 and a debt-to-equity ratio of 0.12. 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, beating the consensus estimate of $1.91 by $0.
14. Watts Water Technologies had a return on equity of 18.08% and a net margin of 12.
93%. Sell-side analysts forecast that Watts Water Technologies, Inc. will post 9.
08 EPS for the current year. Watts Water Technologies Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.
43 per share. This represents a $1.72 annualized dividend and a yield of 0.
78%. The ex-dividend date is Friday, February 28th. Watts Water Technologies’s dividend payout ratio (DPR) is presently 19.
79%. About Watts Water Technologies ( 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 More Want 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 ). Receive News & Ratings for Watts Water Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Watts Water Technologies and related companies with MarketBeat.
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