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Watts Water Technologies - WTS STOCK NEWS

Welcome to our dedicated page for Watts Water Technologies news (Ticker: WTS), a resource for investors and traders seeking the latest updates and insights on Watts Water Technologies stock.

Overview

Watts Water Technologies (WTS) is a U.S.-based company specializing in water management solutions, manufacturing advanced valves, flow control devices, and water quality systems. Using innovative engineering and a focus on water conservation and safety, the company provides a wide range of products designed for residential, commercial, industrial, and municipal applications. Key industry keywords like valves, water conservation, and water filtration are integrated into its core technologies, ensuring that every product meets rigorous standards for performance and durability.

Comprehensive Product Portfolio

At the heart of Watts Water Technologies is a robust product portfolio that addresses multiple facets of water management. The company offers:

  • Plumbing and Hot Water Solutions: Flow control products that optimize plumbing systems and enhance the safety and efficiency of hot water applications.
  • HVAC and Gas Solutions: A suite of products for heating, ventilation, and air-conditioning as well as gas applications, including commercial boilers and water heaters, designed to improve energy efficiency and operational safety.
  • Drainage and Water Reuse Systems: Engineered drainage solutions and rainwater-harvesting systems aimed at effective water management and conservation.
  • Water Quality Management: Innovative systems for point-of-use and point-of-entry water filtration, conditioning, and scale prevention that contribute to enhanced water safety and quality.

Market Position and Industry Context

Watts Water Technologies is positioned as a key player in the water management industry, catering to a spectrum of markets from residential and commercial developers to municipal authorities and industrial operations. Its diversified product range not only addresses the essential needs of water control but also integrates advanced engineering that emphasizes energy efficiency and water conservation. By operating across multiple geographies, including the Americas, Europe, and the APMEA region, the company demonstrates a broad market reach and adaptability to various regional regulatory and operational environments.

Business Model and Revenue Generation

The company generates revenue through the sale of its highly specialized products across multiple sectors. Its business model is centered on both direct sales and strategic partnerships that enable consistent distribution of its offerings in competitive markets. Rather than focusing on transient market trends, Watts Water Technologies emphasizes long-standing engineering principles and robust product design that cater to the growing demand for sustainability and efficiency in water usage.

Operational Excellence and Engineering Innovation

Watts Water Technologies stands out by leveraging decades of industry experience. The company’s engineering teams employ state-of-the-art design and rigorous testing to ensure that products not only meet but exceed industry standards. This commitment to operational excellence is reflected in every aspect of its manufacturing process, from product conception to final quality control, ensuring that customers receive reliable solutions for water control and management.

Significance in the Water Management Sector

A fundamental driver behind the company’s sustained relevance is its focus on problems that are both universal and critical: ensuring safe, efficient, and high-quality water usage. In an era where water scarcity and efficiency are of global concern, Watts Water Technologies has strategically positioned its suite of products to address these critical issues. The company’s offerings are designed to support aging infrastructure while also contributing to the development of newer, more advanced systems that integrate sustainability with functionality.

Competitive Landscape

While the field of water management sees participation from numerous manufacturers and engineering firms, Watts Water Technologies differentiates itself through its extensive product range and quality-driven approach. Its array of brands—each catering to specialized market needs—highlights a comprehensive understanding of both market demands and engineering challenges. This differentiation is underpinned by a decades-long commitment to research, development, and constant quality improvement, which collectively reinforce its authoritativeness in the industry.

Customer Focus and Market Penetration

The company’s approach emphasizes creating solutions that are not only effective but also resilient in varied applications. Its products have been thoroughly tested in real-world scenarios, ensuring that end users—from homeowners requiring improved water safety to municipal planners focusing on conservation and infrastructure modernization—receive dependable and sustainable solutions. This customer-centric focus is evident in the product design philosophy that prioritizes functionality, reliability, and compliance with applicable standards.

Key Differentiators and Value Proposition

Watts Water Technologies maintains a strong market position due to several core differentiators:

  • Innovation in Design: By continuously evolving its product design, the company ensures its offerings remain at the forefront of water management technologies.
  • Diverse Application Spectrum: The company’s products cover a wide array of applications, ensuring that every segment—residential, commercial, industrial, and municipal—has access to solutions that address their unique needs.
  • Commitment to Quality: From stringent manufacturing protocols to advanced quality control measures, every product is built to deliver reliability and long-term performance.
  • Global Reach with Local Insight: Strategic presence in multiple key regions enables the company to tailor its solutions to local market requirements while maintaining a consistent brand promise.

Conclusion

In summary, Watts Water Technologies exemplifies a meticulous blend of engineering acumen and market insight. With a comprehensive range of products that target critical aspects of water management—from flow control and water quality to drainage and energy efficiency—the company is well-equipped to serve a diverse array of consumers. Its commitment to robust product design, customer satisfaction, and sustainable solutions underscores its significance in the water management sector. By continuously enhancing product quality and operational efficiency, Watts Water Technologies secures its position as an indispensable resource for reliable water management solutions, meeting the evolving demands of an increasingly sophisticated market.

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Watts Water Technologies (NYSE: WTS) is set to participate in the Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021, at 8:00 a.m. EDT. The company's CEO Robert J. Pagano, Jr., CFO Shashank Patel, and Treasurer Timothy M. MacPhee will be presenting. Watts Water, a global leader in plumbing, heating, and water quality solutions, serves various sectors, including commercial and residential markets. For further details, visit www.wattswater.com.

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Watts Water Technologies (NYSE: WTS) announced participation in the KeyBanc Capital Markets’ Industrials & Basic Materials Virtual Conference on June 2, 2021, at 8:00 a.m. EDT. Key executives, including CEO Robert J. Pagano, Jr., CFO Shashank Patel, and Treasurer Timothy M. MacPhee, will represent the company. Watts Water is a global manufacturer based in the USA, recognized for a wide range of plumbing, heating, and water quality products across commercial, residential, and industrial sectors.

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Watts Water Technologies reported a strong first quarter of 2021, with sales of $413.3 million, an 8% increase from $382.6 million in 2020. Net income rose by 30% to $41.7 million, with diluted earnings per share at $1.23, up 31% year-over-year. Key factors for growth included adverse weather in the South-Central U.S. and recovery in APMEA due to last year's COVID-19 impact. The company anticipates an improved full-year outlook, projecting a 2% to 7% increase in organic revenues and expansion in adjusted operating margins.

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Watts Water Technologies has announced a quarterly dividend of $0.26 per share, payable on June 15, 2021, to stockholders of record by June 1, 2021. The company is recognized as a global manufacturer offering a wide range of plumbing, heating, and water quality products for various applications. This dividend decision reflects the company's ongoing commitment to delivering value to its shareholders.

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Watts Water Technologies (NYSE: WTS) will host a live webcast on May 5, 2021, at 9:00 a.m. EDT to discuss its First Quarter 2021 financial results, which will be announced in a press release after market close on May 4, 2021. The call can be accessed via the Investor Relations section of its website, where an archived version will also be available until May 5, 2022. Watts Water is known for offering a wide range of plumbing, heating, and water quality solutions globally.

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Watts Water Technologies (NYSE: WTS) has sponsored an integrated water system installation in Da Nhim Commune, Vietnam, to provide clean water access. This initiative, in partnership with Planet Water Foundation, includes an AquaTower water filtration system at a local school, benefiting over 600 students and their families. Since 2016, Watts and Planet Water have provided clean water to approximately 30,000 people across various countries. CEO Robert J. Pagano, Jr. emphasized the company's commitment to advocating for safe water access globally.

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Watts Water Technologies (NYSE: WTS) announces a presentation by CEO Robert J. Pagano, CFO Shashank Patel, and VP Timothy M. MacPhee at the Gabelli Funds 31st Annual Pump, Valve & Water Systems Virtual Symposium on February 25, 2021, at 8:00 a.m. EST. The event will be broadcast via Wall Street Webcasting and will remain available for replay until May 26, 2021. Watts Water is a global manufacturer known for its extensive plumbing, heating, and water quality products for various applications.

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Watts Water Technologies reported its fourth quarter and full-year results for 2020, during which sales reached $403 million for Q4 and $1.5 billion for the year. Despite a 6% drop in annual sales due to COVID-19, adjusted operating margin remained consistent with 2019 levels thanks to aggressive cost actions. Net income per diluted share was $0.86 for Q4 and $3.36 for the full year, both lower than 2019. Free cash flow improved by 14%, driven by better working capital management. The company shows resilience amid pandemic challenges, with expectations for continued adaptation in 2021.

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FAQ

What is the current stock price of Watts Water Technologies (WTS)?

The current stock price of Watts Water Technologies (WTS) is $195.44 as of April 3, 2025.

What is the market cap of Watts Water Technologies (WTS)?

The market cap of Watts Water Technologies (WTS) is approximately 6.6B.

What is the core business of Watts Water Technologies?

Watts Water Technologies designs and manufactures products focused on water management, including valves, flow control systems, and water quality solutions. The company serves residential, commercial, industrial, and municipal applications with a broad portfolio.

How does Watts Water Technologies generate revenue?

The company generates revenue primarily through the sale of its diverse range of water management products. Its revenue streams are bolstered by direct sales and strategic partnerships in multiple global regions.

What industries are served by Watts Water Technologies?

The company serves a variety of sectors including plumbing, HVAC, industrial water management, and municipal infrastructure. It provides tailored solutions to address water safety, conservation, and quality needs across different market segments.

What is the geographic footprint of Watts Water Technologies?

Watts Water Technologies operates globally, with a significant presence in the Americas, Europe, and the APMEA region. Its extensive distribution network enables it to meet the requirements of diverse regional markets.

How does Watts Water Technologies differentiate itself from competitors?

The company distinguishes itself through its comprehensive product range, innovative engineering, and focus on quality and sustainability. Its diverse brands and product segmentation provide specialized solutions that cater to specific market needs.

What types of water quality products does the company offer?

Watts Water Technologies offers a range of water quality products including point-of-use and point-of-entry filtration systems, water conditioning, and scale prevention solutions. These products are engineered to enhance water safety and ensure consistent quality.

How are energy efficiency and sustainability integrated into the company’s products?

Energy efficiency plays a key role in the design of Watts Water Technologies products, particularly in HVAC and gas applications. The company engineers solutions that optimize energy use while ensuring robust water management and safety.

Can you explain the company’s segmentation in its product offerings?

The company segments its product offerings into distinct categories such as plumbing and hot water solutions, HVAC and gas products, drainage and water reuse systems, and water quality management. This segmentation allows for specialized design and application in various market sectors.
Watts Water Technologies

NYSE:WTS

WTS Rankings

WTS Stock Data

6.59B
27.03M
1.12%
101.02%
2.35%
Specialty Industrial Machinery
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United States
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