Welcome to our dedicated page for Watts Water Technologies news (Ticker: WTS), a resource for investors and traders seeking the latest updates and insights on Watts Water Technologies stock.
Watts Water Technologies, Inc. (WTS) delivers innovative water management solutions through advanced valves, flow control systems, and water quality technologies. This page provides investors and industry professionals with a centralized source for official company announcements, operational updates, and strategic developments.
Access real-time updates on product innovations, regulatory compliance milestones, and market expansion efforts across WTS's core segments: plumbing safety systems, HVAC efficiency solutions, water reuse technologies, and infrastructure-grade filtration products. Our news collection ensures transparent tracking of the company's global initiatives in water conservation and sustainable engineering.
Key updates include earnings disclosures, leadership changes, manufacturing advancements, and partnership announcements. All content is curated to meet investor needs for decision-ready information while maintaining strict compliance with financial reporting standards.
Bookmark this page for continuous access to Watts Water Technologies' latest developments in water system optimization and energy-efficient infrastructure solutions. Verify critical updates through primary source documents linked within each news entry.
Watts Water Technologies reported a strong first quarter of 2021, with sales of $413.3 million, an 8% increase from $382.6 million in 2020. Net income rose by 30% to $41.7 million, with diluted earnings per share at $1.23, up 31% year-over-year. Key factors for growth included adverse weather in the South-Central U.S. and recovery in APMEA due to last year's COVID-19 impact. The company anticipates an improved full-year outlook, projecting a 2% to 7% increase in organic revenues and expansion in adjusted operating margins.
Watts Water Technologies has announced a quarterly dividend of $0.26 per share, payable on June 15, 2021, to stockholders of record by June 1, 2021. The company is recognized as a global manufacturer offering a wide range of plumbing, heating, and water quality products for various applications. This dividend decision reflects the company's ongoing commitment to delivering value to its shareholders.
Watts Water Technologies (NYSE: WTS) will host a live webcast on May 5, 2021, at 9:00 a.m. EDT to discuss its First Quarter 2021 financial results, which will be announced in a press release after market close on May 4, 2021. The call can be accessed via the Investor Relations section of its website, where an archived version will also be available until May 5, 2022. Watts Water is known for offering a wide range of plumbing, heating, and water quality solutions globally.
Watts Water Technologies (NYSE: WTS) has sponsored an integrated water system installation in Da Nhim Commune, Vietnam, to provide clean water access. This initiative, in partnership with Planet Water Foundation, includes an AquaTower water filtration system at a local school, benefiting over 600 students and their families. Since 2016, Watts and Planet Water have provided clean water to approximately 30,000 people across various countries. CEO Robert J. Pagano, Jr. emphasized the company's commitment to advocating for safe water access globally.
Watts Water Technologies (NYSE: WTS) announces a presentation by CEO Robert J. Pagano, CFO Shashank Patel, and VP Timothy M. MacPhee at the Gabelli Funds 31st Annual Pump, Valve & Water Systems Virtual Symposium on February 25, 2021, at 8:00 a.m. EST. The event will be broadcast via Wall Street Webcasting and will remain available for replay until May 26, 2021. Watts Water is a global manufacturer known for its extensive plumbing, heating, and water quality products for various applications.
Watts Water Technologies reported its fourth quarter and full-year results for 2020, during which sales reached $403 million for Q4 and $1.5 billion for the year. Despite a 6% drop in annual sales due to COVID-19, adjusted operating margin remained consistent with 2019 levels thanks to aggressive cost actions. Net income per diluted share was $0.86 for Q4 and $3.36 for the full year, both lower than 2019. Free cash flow improved by 14%, driven by better working capital management. The company shows resilience amid pandemic challenges, with expectations for continued adaptation in 2021.
Watts Water Technologies (NYSE: WTS) announced a quarterly dividend of $0.23 per share for its Class A and Class B Common Stock. This dividend will be distributed on March 15, 2021, to shareholders on record as of March 1, 2021. Watts operates globally, offering a comprehensive range of plumbing, heating, and water quality products for various applications. Their commitment to innovative solutions underlines their market position in the industry.
Watts Water Technologies, Inc. (NYSE: WTS) will host a live webcast for its Fourth Quarter 2020 financial results on February 11, 2021, at 9:00 a.m. EST. The results will be announced in a press release after market close on February 10, 2021. The conference call can be accessed through the Investor Relations section of the company's website, where an archived version will also be available until February 11, 2022. Watts Water is a global manufacturer providing a broad range of plumbing, heating, and water quality products.
Watts Water Technologies, Inc. (NYSE: WTS) has elected Michael J. Dubose to its Board of Directors, where he will also serve on the Nominating and Corporate Governance Committee. Dubose has extensive experience in the healthcare sector, having been the President of Fisher Healthcare Division at Thermo Fisher Scientific since 2019. His previous roles include Vice President at W.W. Grainger and Regional Vice President at Staples. Chairman W. Craig Kissel believes Dubose's expertise will enhance operational excellence and solution sales for Watts.
FAQ
What is the current stock price of Watts Water Technologies (WTS)?
What is the market cap of Watts Water Technologies (WTS)?
