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Watts Water Technologies, Inc. Class A - WTS STOCK NEWS

Welcome to our dedicated news page for Watts Water Technologies Class A (Ticker: WTS), a resource for investors and traders seeking the latest updates and insights on Watts Water Technologies Class A.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Watts Water Technologies Class A's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Watts Water Technologies Class A's position in the market.

Rhea-AI Summary
Watts Water Technologies, Inc. (NYSE: WTS) has entered into a definitive agreement to acquire Josam Company, a leading provider of drainage and plumbing products. Josam's annualized sales are approximately $35 million. The acquisition is expected to drive growth and provide increased cross-selling opportunities for Watts. The transaction is subject to customary closing conditions and is expected to close in January 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
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Rhea-AI Summary
Watts Water Technologies, Inc. (WTS) has been named one of America’s Most Responsible Companies for the fifth consecutive year. The company is recognized as one of the Top 600 most responsible companies from 2,000 of the largest U.S. firms, spanning 14 industries. Honorees were selected based on a detailed analysis of publicly available key performance indicators derived from corporate social responsibility and sustainability reports, as well as an independent survey of more than 17,000 U.S. residents. Watts' CEO, Robert J. Pagano, Jr., expressed pride in the company's ongoing commitment to corporate social responsibility and acknowledged its progress and continuing evolution as a global leader in sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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Rhea-AI Summary
Watts Water Technologies, Inc. (NYSE: WTS) has been named one of the Top Places to Work in Massachusetts in the 15th annual employee-based survey from The Boston Globe. The survey measures employee opinions to recognize the most admired workplaces in the state.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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none
Rhea-AI Summary
Watts Water Technologies, Inc. reported sales of $504 million, a 3% increase from the previous year. The company achieved a reported operating margin of 17.3% and an adjusted operating margin of 18.0%. Reported EPS was $1.96, up 12%, while adjusted EPS was $2.04, up 14%. The company also closed on the acquisition of Bradley Corporation and increased its full-year 2023 operating margin outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.85%
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Rhea-AI Summary
Watts Water Technologies, Inc. (NYSE: WTS) has declared a quarterly dividend of $0.36 per share on its Class A Common Stock and Class B Common Stock. The dividend will be paid on December 15, 2023, to stockholders of record on December 1, 2023. Watts Water Technologies is a global manufacturer of plumbing, heating, and water quality products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
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dividends
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Rhea-AI Summary
Watts Water Technologies completes acquisition of Bradley Corporation for $303 million.
Rhea-AI Impact
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-1.2%
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Rhea-AI Summary
Watts Water Technologies to present at the 2023 Baird Global Industrial Conference
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-0.32%
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Rhea-AI Summary
Watts Water Technologies to hold conference call to discuss Q3 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.27%
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Rhea-AI Summary
Watts Water Technologies named one of America’s Greenest Companies by Newsweek magazine, recognizing their environmental sustainability efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
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none
Rhea-AI Summary
Watts Water Technologies to acquire Bradley Corporation for $303 million, enhancing diversification of water solutions portfolio and increasing exposure to commercial and industrial markets. The transaction is expected to yield meaningful strategic and financial benefits, including cost synergies and long-term growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
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Watts Water Technologies, Inc. Class A

NYSE:WTS

WTS Rankings

WTS Stock Data

6.67B
27.00M
1.22%
98.31%
1.83%
Fluid Power Valve and Hose Fitting Manufacturing
Manufacturing
Link
United States of America
NORTH ANDOVER

About WTS

watts water technologies family of companies has designed and manufactured valves and related products that promote the comfort and safety of people and the quality, conservation and control of water used in commercial, residential, industrial and municipal applications.