Welcome to our dedicated page for Mueller Water Products news (Ticker: MWA), a resource for investors and traders seeking the latest updates and insights on Mueller Water Products stock.
Mueller Water Products, Inc. (NYSE: MWA) is a prominent U.S.-based manufacturer and marketer specializing in products and services for the transmission, distribution, and measurement of water. Operating through its two key segments, Water Flow Solutions and Water Management Solutions, the company offers an extensive portfolio that includes engineered valves, fire hydrants, metering systems, leak detection, and pipe condition assessment tools.
In the Water Flow Solutions segment, Mueller provides iron gate valves, specialty valves, and service brass products. This segment is pivotal to municipalities as it helps in optimizing water flow and operational efficiencies. The Water Management Solutions segment covers products like fire hydrants, repair and installation services, metering, leak detection, and pressure management solutions. This holistic approach to water management ensures municipalities can improve customer service and prioritize capital spending.
Mueller Water Products is a leader in North America's water infrastructure market. The company’s innovative solutions enable municipalities to enhance operational efficiencies and make informed capital spending decisions, epitomizing the company motto, “Where Intelligence Meets Infrastructure™”.
Financially, Mueller has demonstrated resilience and growth, with recent fiscal reports showing an improved balance sheet and liquidity. The company has also increased its quarterly dividends multiple times since 2014, showing a commitment to delivering value to shareholders. Despite facing a cybersecurity incident that disrupted some operations, Mueller has been diligent in its recovery efforts, working with leading cybersecurity specialists to mitigate the impact.
Recent news highlights Mueller's ongoing efforts to restore normal operations following the cybersecurity event and successful financial performance in the recent quarters. The company finished fiscal 2023 with strong net sales and adjusted EBITDA that exceeded expectations. They continue to focus on operational improvements, capital investments in key facilities, and maintaining a robust financial position to support future growth.
Mueller Water Products, Inc. (NYSE: MWA) announced a quarterly dividend of 5.50 cents ($0.055) per share, set to be paid on May 20, 2021. This dividend will benefit stockholders on record as of the close of business on May 10, 2021. The company specializes in water transmission and distribution products and services in North America, focusing on enhancing operational efficiencies for municipalities. Their product range includes engineered valves, fire hydrants, and leak detection systems.
Mueller Water Products, Inc. (NYSE: MWA) will report its second-quarter financial results after market close on May 3, 2021. A conference call is scheduled for May 4, 2021, at 9:00 a.m. ET to discuss the earnings and business outcomes. Investors can access the call through a webcast on the company’s Investor Relations page. Mueller is a prominent manufacturer of water transmission, distribution, and measurement products in North America, focusing on enhancing operational efficiencies for municipalities.
Mueller Water Products (NYSE: MWA) has appointed Jeffery S. Sharritts to its Board of Directors. Sharritts, currently Senior VP of the Americas at Cisco, oversees over $29 billion in sales across 49 countries. His extensive experience includes roles in U.S. Commercial Sales and expansion into Latin America and Canada. The Board believes his technological transformation expertise will enhance Mueller's growth in technology-driven products and services. This appointment aligns with the company’s strategy to expand beyond North America.
Mueller Systems announced a contract with Calaveras County Water District to implement an advanced metering infrastructure (AMI) network across 1,000 square miles, covering 13,000 endpoints. The project aims to enhance customer service, optimize water usage, and improve operational efficiencies. Utilizing the Mi.Net® AMI solution, it will allow near-real-time water usage data and leak detection. Deployment is set to start in Spring 2021 and conclude by late 2022, supporting the District's goal of modernizing water management. This initiative aligns with smart city efforts in the water industry.
Mueller Water Products (NYSE: MWA) will participate in the Gabelli 31st Annual Pump, Valve & Water Systems Symposium on February 25, 2021, at 10:00 a.m. ET. The event will be conducted virtually and the presentation will be accessible via the Investor Relations section of the company’s website for 90 days post-event.
Mueller Water Products is a top manufacturer of water transmission and distribution products in North America, offering a range of services including engineered valves, fire hydrants, and leak detection systems, thereby enhancing municipal operational efficiencies.
Mueller Water Products reported a strong start to fiscal Q1 2021, with net sales increasing 11.7% to $237.4 million, compared to $212.6 million last year. Net income grew to $16.7 million or $0.11 per diluted share, up from $10.3 million or $0.06. The company achieved a 19.5% rise in adjusted EBITDA to $44.7 million despite ongoing pandemic-related challenges. Mueller raised its annual guidance for net sales and adjusted EBITDA growth, highlighting resilience in residential construction.
Mueller Water Products (NYSE: MWA) has declared a quarterly dividend of $0.055 per share, scheduled for payment on February 22, 2021, to stockholders recorded by February 10, 2021. This reflects the company's ongoing commitment to returning value to its shareholders. Mueller Water Products is a leading provider of products and services for water transmission and distribution in North America, focusing on efficiency and customer service.
Mueller Water Products, Inc. (NYSE: MWA) is set to announce its financial results for the first quarter ending December 31, 2020, on February 3, 2021, after market close. A conference call will follow on February 4, 2021, at 11:00 a.m. ET to discuss the earnings and business performance. Investors and interested parties can access the call via a webcast on the company’s Investor Relations website. Mueller Water Products is a leading provider of water transmission and measurement products in North America.
Mueller has enhanced its Super Centurion fire hydrant by integrating it as a communication hub for pressure and leak monitoring systems. This upgrade allows seamless integration into existing water infrastructure, communicating data through the Sentryx Water Intelligence Platform. The platform helps utilities optimize infrastructure management, thereby lowering operational costs. New hydrants and retrofit options for older models are available, ensuring service continuity without disruption.
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