What the bad jobs report means for markets
Zurn Elkay Water Solutions (NYSE:ZWS) Chief Administrative Officer Mark W. Peterson sold 22,138 shares of company stock on July 31, 2025, for a total of $953,040. The sales were executed in multiple trades at prices ranging from $42.42 to $43.32. The transaction comes as ZWS shares trade near their 52-week high of $44.98, having surged nearly 17% in the past week. According to InvestingPro analysis, the stock appears overvalued at current levels.
Following the transaction, Peterson directly owns 360,480 shares of Zurn Elkay Water Solutions. Peterson also indirectly owns 5,304 shares through a 401(k) plan.
Peterson also holds options to purchase 33,481 shares of Zurn Elkay Water Solutions stock at an exercise price of $33.05. The options are fully vested and expire on October 5, 2031.
In other recent news, Zurn Water Solutions reported impressive financial results for the second quarter of 2025. The company’s earnings per share (EPS) came in at $0.42, surpassing the forecasted $0.36, which represents a 16.67% surprise. Revenue also exceeded expectations, reaching $445 million compared to the predicted $424.61 million. Additionally, Mizuho (NYSE:MFG) raised its price target for Zurn Water Solutions to $43.00 from $36.00 while maintaining a Neutral rating. This decision was influenced by the company’s strong second-quarter performance, driven by tariff mitigation and organic sales growth of 8%. Mizuho expects this growth to continue into the third quarter despite modest pre-buying as tariff pricing increases. These recent developments highlight Zurn’s financial strength and market position.
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