Zurn Elkay water solutions director sells $855k in stock

Published 10/11/2025, 23:54
Zurn Elkay water solutions director sells $855k in stock

Director Timothy J. Jahnke of Zurn Elkay Water Solutions Corp (NYSE:ZWS) recently sold a total of 18,000 shares of common stock, generating approximately $855,105.

The sales occurred in two separate transactions. On November 7, 2025, 10,539 shares were sold at a weighted average price of $47.51, with individual sales prices ranging from $47.50 to $47.60. Following this, on November 10, 2025, an additional 7,461 shares were sold at a price of $47.50.

The shares sold were held indirectly by an irrevocable trust. Following these transactions, Jahnke’s indirectly held shares in Zurn Elkay Water Solutions Corp amount to 162,000. Jahnke also directly holds 306,864 shares.

In other recent news, Zurn Water Solutions reported its third-quarter 2025 earnings, surpassing market expectations with an earnings per share (EPS) of $0.43, compared to the forecasted $0.40. The company also exceeded revenue forecasts, reporting $455 million in revenue against the anticipated $442.66 million. Following these results, Zurn Water Solutions raised its full-year guidance. Stifel, a financial analyst firm, responded by raising its price target for Zurn Water Solutions to $54.00 from $53.00, maintaining a Buy rating on the stock. The positive quarterly results and increased guidance likely influenced this decision. These developments highlight the company’s strong financial performance in recent times.

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