Smith, former Mueller Water Products VP, sells $227k in stock

Published 19/08/2025, 00:02
Smith, former Mueller Water Products VP, sells $227k in stock

Suzanne Smith, former vp and cao of Mueller Water Products, Inc. (NYSE:MWA), a $4.09 billion water infrastructure company with a "GREAT" financial health rating according to InvestingPro, sold 8,621 shares of common stock on August 15, 2025. The shares were sold at an average price of $26.3719, for a total value of $227,352.

The prices for the sales ranged from $26.330 to $26.430. The stock, which has delivered a robust 30% return over the past year and maintains a 10-year dividend growth streak, appears slightly overvalued according to InvestingPro’s Fair Value model. Following the transaction, Smith directly owns 761.3736 shares acquired under the Employee Stock Purchase Plan. For deeper insights into MWA’s valuation and 8 additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Mueller Water Products reported its Q3 2025 financial results, revealing 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 same period last year, while maintaining an EPS of $0.34, in line with forecasts. These financial results highlight the company’s strong performance in the recent quarter. Additionally, the board of directors has appointed Richelle R. Feyerherm as the new chief accounting officer, effective immediately. Feyerherm replaces Suzanne G. Smith, who stepped down from the role. The company clarified that Smith’s departure was not due to any disagreements related to financial reporting or accounting policies. These developments reflect Mueller Water Products’ ongoing efforts to strengthen its leadership and maintain its financial performance.

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