Mueller water director Hansen sells $627k in shares

Published 19/08/2025, 00:30
Mueller water director Hansen sells $627k in shares

Director Thomas J. Hansen of Mueller Water Products (NYSE:MWA), a $4.09 billion market cap company currently trading near its 52-week high of $28.58, sold 24,005 shares of common stock on August 18, 2025, for a total of $627,718. The shares were sold in multiple transactions at prices ranging from $26.120 to $26.190. According to InvestingPro analysis, the company maintains a "GREAT" financial health score and has consistently paid dividends for 20 consecutive years.

Following the transaction, Hansen directly owns 86,163 shares of Mueller Water Products. The company’s stock currently trades at a P/E ratio of 27.47, with analyst price targets ranging from $25 to $30. For deeper insights into MWA’s valuation and growth prospects, including 8 additional exclusive ProTips, check out the comprehensive research report available on InvestingPro.

In other recent news, Mueller Water Products reported its Q3 2025 financial results, highlighting record net sales and stable earnings per share (EPS) that met analyst expectations. The company achieved consolidated net sales of $380.3 million, marking a 6.6% increase compared to the previous year, while maintaining an EPS of $0.34, which aligned with forecasts. These financial results underline the company’s ongoing growth and stability.

Additionally, Mueller Water Products announced the appointment of Richelle R. Feyerherm as the new chief accounting officer. Feyerherm takes over from Suzanne G. Smith, who stepped down from the role. The company clarified that Smith’s departure was not related to any disagreements over financial reporting or internal controls. These recent developments reflect Mueller Water Products’ commitment to maintaining strong leadership and financial performance.

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