Watts Water Technologies stock hits all-time high at 265.57 USD

Watts Water Technologies Inc (NYSE:WTS). stock has reached an all-time high, closing at 265.57 USD. According to InvestingPro data, the company maintains a "GREAT" financial health score of 3.26, with strong profitability and cash flow metrics. This milestone underscores the company’s robust performance over the past year, during which its stock price has surged by 36.9%. The company boasts impressive fundamentals, including a healthy current ratio of 2.46 and a 47.65% gross profit margin. The significant increase reflects strong investor confidence and positive market sentiment surrounding Watts Water Technologies, a leading provider of water quality solutions that has maintained dividend payments for 40 consecutive years. The company’s steady growth trajectory has been supported by strategic initiatives and a favorable industry outlook, contributing to its impressive stock performance. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its intrinsic value. Discover 15 additional exclusive ProTips and comprehensive analysis in the Pro Research Report, available with an InvestingPro subscription.

In other recent news, Watts Water Technologies reported its Q1 2025 earnings, exceeding analysts’ expectations with an adjusted earnings per share of $2.37, compared to the projected $2.12. The company’s revenue also surpassed forecasts, reaching $558 million against the anticipated $547 million. In corporate developments, Watts Water Technologies announced the appointment of Ryan Lada as the new chief financial officer, effective July 28, as Shashank Patel steps down and transitions towards retirement.

Additionally, Watts Water shareholders approved all proposals at the recent annual meeting, including the re-election of all nine director nominees and the advisory approval of executive compensation. Analyst firms have shown interest in Watts Water, with TD Cowen raising its price target to $225, citing potential positive earnings skew due to China tariff impacts. Stifel also increased its price target to $275, following discussions with company executives about the digital strategy outlook. These developments reflect a period of significant activity and strategic adjustments for Watts Water Technologies.

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