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.
Watts Water Technologies, Inc. reports developments tied to its global manufacturing business in plumbing, heating and water quality products and solutions for commercial, residential and industrial applications. Company news commonly covers quarterly results, organic and acquisition-driven sales, segment margin trends, pricing, productivity, inflation and tariff effects across the Americas, Europe and APMEA.
Recurring updates also include dividends on Class A and Class B common stock, completed acquisitions that expand product categories and geographic reach, and sustainability or workplace recognition tied to the company's operating practices and water-efficiency product focus.
Watts Water Technologies (NYSE: WTS) has scheduled its First Quarter 2025 earnings conference call for Thursday, May 8, 2025, at 9:00 a.m. EST. The company will release its financial results after market close on Wednesday, May 7, 2025.
The earnings webcast will be accessible through the Investor Relations section of Watts Water's website, with an archived version available until May 7, 2026. The company, headquartered in the USA, is a global manufacturer specializing in plumbing, heating, and water quality products, offering solutions for commercial, residential, and industrial applications.
Watts Water Technologies (NYSE: WTS) has achieved recognition as one of America's Top GreenTech Companies 2025 by TIME magazine. The company was selected among 250 sustainability-focused companies based on environmental impact, financial strength, and innovation, as evaluated by Statista.
The assessment analyzed multiple data points from over 4,300 companies, including intellectual property portfolio value, revenue, funding, and environmental metrics such as carbon capture, offsets, and renewable energy generation. CEO Robert J. Pagano, Jr. emphasized the company's commitment to smart systems, optimal performance, and resource conservation.
This recognition adds to Watts' recent sustainability accolades, including positions on Barron's 100 Most Sustainable Companies list and Newsweek's America's Most Responsible Companies 2025 and America's Greenest Companies 2025 rankings.
Watts Water Technologies (NYSE: WTS) has announced its participation in two upcoming investor events. The company's leadership team, including CEO Robert J. Pagano Jr., CFO Shashank Patel, and SVP Diane McClintock, will present at the Gabelli 35th Annual Pump, Valve & Water Systems Symposium on February 27, 2025, at 9:00 a.m. ET via webcast. Additionally, the same team will participate in the 2025 Northcoast Research Water 1x1 Summit on March 6, 2025, at 8:00 a.m. GMT in London.
Watts Water Technologies is a global manufacturer based in the USA, specializing in plumbing, heating, and water quality products for commercial, residential, and industrial applications.
Watts Water Technologies (NYSE: WTS) reported its Q4 and full-year 2024 results. Q4 sales were $540 million, down 1% reported and 5% organically, with operating margin at 16.5%. Full-year 2024 sales reached $2.25 billion, up 10% reported but down 1% organically. The company achieved record operating income and adjusted EPS for both Q4 and full year.
Key financial highlights include Q4 diluted EPS of $2.02 (up 21%) and full-year EPS of $8.69 (up 11%). Operating cash flow improved to $361 million with free cash flow of $332 million, representing increases of 16% and 18% respectively. The company completed the acquisition of I-CON Systems on January 2, 2025.
For 2025 outlook, WTS expects sales growth between -3% to +2% on both reported and organic basis, with operating margin projected between 16.7% and 17.3%. The company maintains a strong balance sheet and continues its share repurchase program, with $145 million remaining available.
Watts Water Technologies (NYSE: WTS) has announced its quarterly dividend declaration of $0.43 per share for both Class A and Class B Common Stock. The dividend will be paid on March 14, 2025, to stockholders of record as of February 28, 2025.
The company is a global manufacturer based in North Andover, Massachusetts, specializing in plumbing, heating, and water quality products for commercial, residential, and industrial applications.
Watts Water Technologies (NYSE: WTS) has announced it will host a live webcast to discuss its Fourth Quarter and Full Year 2024 financial results on Tuesday, February 11, 2025, at 9:00 a.m. EST. The company will release its financial results after market close on Monday, February 10, 2025.
The webcast will be accessible through the Investor Relations section of the company's website at www.watts.com, with an archived version available until February 10, 2026. Watts Water Technologies is a global manufacturer based in the USA, specializing in plumbing, heating, and water quality products for commercial, residential, and industrial applications.
Watts Water Technologies (NYSE: WTS) has announced the acquisition of I-CON Systems, a leading provider of plumbing control solutions primarily serving the corrections market. The acquisition, funded with cash on hand, brings I-CON's annualized sales of approximately $25 million under Watts' umbrella.
The strategic move aligns with Watts' growth strategy, enabling the company to expand its digital offerings and capitalize on growth opportunities in the correctional niche of the institutional market. The integration process is underway, with additional transaction details to be discussed during Watts' fourth quarter earnings call in February 2025.
Watts Water Technologies (NYSE: WTS) has been recognized as one of the Top Places to Work in Massachusetts by The Boston Globe for the second consecutive year. The recognition is based on employee surveys conducted by Energage, covering nearly 68,000 employees across 323 Massachusetts organizations. The survey evaluated various aspects including company direction, execution, management, work environment, compensation, and employee engagement.
Employees from Watts' Andover and North Andover locations participated in the survey. The company, a global manufacturer of plumbing, heating, and water quality products, attributes this recognition to its focus on providing meaningful employee experiences, career development opportunities, competitive benefits, and fostering an inclusive culture.
Watts Water Technologies (NYSE: WTS) has been named one of America's Most Responsible Companies 2025 by Newsweek magazine for the sixth consecutive year, earning the designation of 'All Time Champion.' The company ranked among the Top 600 most responsible companies from 2,000 of the largest U.S. firms across 14 industries.
The selection process involved analyzing key performance indicators from corporate social responsibility and sustainability reports, along with an independent survey of over 26,000 U.S. residents. CEO Robert J. Pagano, Jr. highlighted the company's 150-year legacy in water technologies and their commitment to reducing environmental impacts, supporting customers with innovations, and protecting communities through water stewardship efforts.
Watts Water Technologies (NYSE: WTS) has announced its participation in the upcoming NYSE Industrials Virtual Conference. The company will be represented by CEO & President Robert J. Pagano, Jr., CFO Shashank Patel, and SVP FP&A and Investor Relations Diane McClintock. The presentation is scheduled for Tuesday, November 19, 2024, at 10:00 AM Eastern Time.
Watts Water Technologies is a global manufacturer based in the USA, specializing in plumbing, heating, and water quality products. The company offers innovative solutions for controlling water efficiency, safety, and quality across commercial, residential, and industrial applications.