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. reports developments tied to its global manufacturing business in plumbing, heating and water quality products and solutions for commercial, residential and industrial applications. Company news commonly covers quarterly results, organic and acquisition-driven sales, segment margin trends, pricing, productivity, inflation and tariff effects across the Americas, Europe and APMEA.
Recurring updates also include dividends on Class A and Class B common stock, completed acquisitions that expand product categories and geographic reach, and sustainability or workplace recognition tied to the company's operating practices and water-efficiency product focus.
Watts Water Technologies (WTS) reported Q1 2022 sales of $463 million, marking a 12% increase year-over-year, with organic sales growth of 14%. GAAP operating margin improved to 15.4%, up 100 basis points, with GAAP EPS at $1.61, a 31% rise. CEO Robert J. Pagano Jr. noted significant growth across all regions despite ongoing supply chain challenges. The company raised its full-year adjusted operating margin outlook to between 20 to 60 basis points. However, uncertainties from the war in Ukraine may affect organic sales growth, projected at 3% to 8%.
Watts Water Technologies, Inc. (NYSE: WTS) has declared a quarterly dividend of $0.30 per share on its Class A and Class B Common Stock. This dividend is set to be paid on June 15, 2022 to stockholders of record as of June 1, 2022. The company is recognized globally for its extensive plumbing, heating, and water quality product lines, catering to commercial, residential, and industrial applications.
Watts Water Technologies, Inc. (NYSE: WTS) will host a live webcast for its First Quarter 2022 results on May 4, 2022, at 9:00 a.m. EDT. The financial results will be released after market close on May 3, 2022. The company specializes in manufacturing a wide range of plumbing, heating, and water quality products for various applications worldwide.
Watts Water Technologies, Inc. (NYSE: WTS) will present at the Gabelli Funds 32nd Annual Pump, Valve & Water Systems Virtual Symposium on February 24, 2022, at 8:30 a.m. EST. The presentation will be led by key executives including CEO Robert J. Pagano, CFO Shashank Patel, and others. Investors can access the webcast at this link, available for replay until February 23, 2023. Watts Water is a global manufacturer of plumbing, heating, and water quality products.
Watts Water Technologies, Inc. reported Q4 sales of $474 million, an 18% increase year-over-year, with full-year sales reaching $1.8 billion, up 20%. The Q4 GAAP EPS was $1.18, up 37%, and adjusted EPS was $1.42, up 23%. For the full year, GAAP EPS grew to $4.88, a 45% increase. Operating cash flow for the year was $181 million, down 21%, primarily due to inventory investments amidst supply chain disruptions. CEO Pagano expressed confidence in navigating ongoing challenges while maintaining customer focus.
Watts Water Technologies, Inc. (NYSE: WTS) has announced a quarterly dividend of $0.26 per share, payable on March 15, 2022, to stockholders of record as of March 1, 2022. This payment reflects the company’s commitment to returning value to its shareholders. Watts Water Technologies is a leading global manufacturer, providing a wide range of plumbing, heating, and water quality solutions across various applications.
Watts Water Technologies, Inc. (NYSE: WTS) will host a live webcast on February 10, 2022, at 9:00 a.m. Eastern Time to discuss its Fourth Quarter 2021 financial results. The results will be announced on February 9, 2022, after market close. The conference call can be accessed via the Investor Relations section of the Company’s website, with an archived version available until February 10, 2023. Watts Water specializes in plumbing, heating, and water quality products for various applications worldwide.
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Watts Water Technologies reported third quarter 2021 sales of $455 million, an 18% increase year-over-year. Operating margin improved to 14.2%, and EPS rose 41% to $1.37. The company generated $135 million in operating cash flow, a 6% increase. Despite ongoing supply chain challenges, regional growth was notable, with Americas sales up 18% and APMEA sales up 39%. Watts raised its full-year 2021 sales outlook to a growth of 14% to 17%. CEO Robert J. Pagano Jr. highlighted the team's focus on customer needs amidst market disruptions.
Watts Water Technologies, Inc. (NYSE: WTS) announced that CEO Robert J. Pagano, CFO Shashank Patel, and Treasurer Timothy M. MacPhee will present at the 2021 Baird Global Industrial Virtual Conference on November 10, 2021, at 12:15 PM EST. The presentation will be available via webcast, with replays accessible until November 10, 2022. Watts Water is a global manufacturer providing a wide range of plumbing, heating, and water quality products for commercial, residential, and industrial applications.