Jahnke, Zurn Elkay Water Solutions director, sells $848k in stock

Published 12/09/2025, 23:24
Jahnke, Zurn Elkay Water Solutions director, sells $848k in stock

Director Timothy J. Jahnke of Zurn Elkay Water Solutions Corp (NYSE:ZWS), a $7.85 billion market cap company, sold 17,844 shares of common stock on September 12, 2025, for approximately $848,482. The sale comes as ZWS trades near its 52-week high of $47.71, having gained over 42% in the past six months.

The sales were executed at a weighted average price of $47.55, with individual transactions occurring in a price range of $47.50 to $47.60. Following the transaction, Jahnke directly owns 311,120 shares of Zurn Elkay Water Solutions Corp.

These transactions were executed under a Rule 10b5-1 trading plan. Jahnke also indirectly owns 180,000 shares through an irrevocable trust.

In other recent news, Zurn Water Solutions reported impressive financial results for the second quarter of 2025, surpassing earnings expectations. The company achieved earnings per share of $0.42, exceeding the forecasted $0.36, and reported revenue of $445 million, which was higher than the anticipated $424.61 million. This positive financial performance has captured investor attention. Additionally, Mizuho has raised its price target for Zurn Water Solutions to $43.00 from $36.00, maintaining a Neutral rating. The firm highlighted Zurn’s strong second-quarter performance, driven by tariff mitigation efforts and organic sales growth of 8%. Stifel also adjusted its price target for the company, increasing it to $53.00 from $50.00 while keeping a Buy rating. These recent developments reflect a positive outlook for Zurn Water Solutions in the eyes of analysts.

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