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. (NYSE: WTS) is a global manufacturer headquartered in the USA that focuses on plumbing, heating, and water quality products and solutions. Through its family of companies, Watts provides one of the broadest plumbing, heating, and water quality product lines in the world, serving commercial, residential, industrial, and institutional applications. This news page aggregates company announcements, earnings updates, and other material events relevant to WTS stock and stakeholders.
Investors following Watts Water Technologies news can expect regular earnings releases and outlook updates, as the company reports quarterly financial results and discusses regional performance in the Americas, Europe, and the Asia-Pacific, Middle East and Africa (APMEA) region. These releases often include commentary on sales trends, margins, cash flow, and capital allocation actions such as dividends and share repurchases, as disclosed in the company’s second and third quarter 2025 results.
Watts also issues news on acquisitions and strategic transactions. Recent announcements include the completed acquisitions of Superior Boiler, a designer and manufacturer of customized steam and hot water boilers and related equipment for commercial, institutional, and industrial applications, and Saudi Cast, a manufacturer of cast iron and stainless steel drainage solutions serving non-residential and industrial markets in the Middle East. The company has also reported the acquisition of Haws Corporation and the assets of EasyWater, which expand its capabilities in emergency safety, hydration, and water conditioning and filtration.
Additional news items cover governance, leadership, and culture, such as board appointments, executive changes, and recognition as a Top Place to Work in Massachusetts by The Boston Globe. For anyone tracking WTS, this page offers a centralized view of Watts Water Technologies’ press releases, from financial performance and dividends to M&A activity and corporate developments.
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.
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Watts Water Technologies (NYSE: WTS) reported third quarter 2020 results, revealing a 3% decline in sales compared to the previous year. Despite the volume reductions driven by COVID-19, the company achieved a 2% increase in net income to $32.9 million and a 3% rise in diluted earnings per share to $0.97. Aggressive cost reduction efforts offset the impact of the pandemic, contributing to improved operating margins. The company generated $95 million in free cash flow year-to-date, enhancing its financial stability.