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, Inc. (NYSE: WTS) reported record second quarter results for 2021, with sales reaching $467 million, up 38% year-over-year. Net income increased to $37.5 million, marking an 86% rise, while diluted net income per share was $1.11. Adjusted earnings per share doubled to $1.48. The company credits robust market demand and the lingering effects of February's freezing weather in the South-Central U.S. for these gains. The firm anticipates full-year organic revenue growth of 10-14% and adjusted operating margin expansion of 100-150 basis points, showing optimism despite ongoing market uncertainties.
Watts Water Technologies (NYSE: WTS) has announced a quarterly dividend of $0.26 per share for its Class A and Class B Common Stock. The dividend payment is scheduled for September 15, 2021, to stockholders on record by the close of business on September 1, 2021. As a leading global manufacturer, Watts provides a comprehensive range of plumbing, heating, and water quality solutions for various applications.
Watts Water Technologies (NYSE: WTS) will host a conference call on August 5, 2021, at 9:00 a.m. ET to discuss its Second Quarter 2021 results. The financial results will be released after market close on August 4, 2021. Investors can access the live webcast on its Investor Relations website, with an archived version available for one year. Watts Water operates globally, offering a broad range of plumbing, heating, and water quality products for various applications.
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Watts Water Technologies (NYSE: WTS) is set to participate in the Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021, at 8:00 a.m. EDT. The company's CEO Robert J. Pagano, Jr., CFO Shashank Patel, and Treasurer Timothy M. MacPhee will be presenting. Watts Water, a global leader in plumbing, heating, and water quality solutions, serves various sectors, including commercial and residential markets. For further details, visit www.wattswater.com.
Watts Water Technologies (NYSE: WTS) announced participation in the KeyBanc Capital Markets’ Industrials & Basic Materials Virtual Conference on June 2, 2021, at 8:00 a.m. EDT. Key executives, including CEO Robert J. Pagano, Jr., CFO Shashank Patel, and Treasurer Timothy M. MacPhee, will represent the company. Watts Water is a global manufacturer based in the USA, recognized for a wide range of plumbing, heating, and water quality products across commercial, residential, and industrial sectors.
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.