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, Inc. (NYSE: WTS) has announced its participation in the Stifel London Industrials Summit on Thursday, September 5, 2024 at 8:00 a.m. (BST). The event will take place at the Stifel London Office, 150 Cheapside, London EC2V 6ET, United Kingdom.
Key representatives from Watts Water Technologies attending the summit include:
- Shashank Patel, Chief Financial Officer
- Andre Dhawan, Chief Operating Officer
- Diane McClintock, Senior Vice President FP&A and Investor Relations
Watts Water Technologies is a global manufacturer headquartered in the USA, offering a wide range of plumbing, heating, and water quality products for commercial, residential, and industrial applications.
Watts Water Technologies, Inc. (NYSE: WTS) has announced its participation in the 2024 Seaport Research Partners Annual Summer Investor Virtual Conference. The event is scheduled for Wednesday, August 21, 2024, at 8:00 a.m. (Eastern Time). Key executives attending include:
- Robert J. Pagano, Jr., CEO & President
- Shashank Patel, CFO
- Diane McClintock, SVP of FP&A and Investor Relations
Watts Water Technologies is a global manufacturer based in the USA, offering a wide range of plumbing, heating, and water quality products for commercial, residential, and industrial applications. The company's participation in this virtual conference provides an opportunity for investors to gain insights into its operations and future strategies.
Watts Water Technologies (NYSE: WTS) reported record second quarter 2024 results with sales of $597 million, a 12% increase. Key highlights include:
- Reported operating margin of 18.7%, down 10 bps
- Adjusted operating margin of 18.8%, down 70 bps
- Reported EPS of $2.44, up 8%; adjusted EPS of $2.46, up 5%
- Organic sales were flat, with growth in Americas and APMEA offsetting weakness in Europe
- Acquisitions contributed $65 million in sales
- Amended and extended credit facility through July 2029
The company maintains its full-year 2024 outlook, expecting reported sales to increase 7% to 12% and organic sales to range from -4% to +1%. Adjusted operating margin is projected between 17.1% and 17.7%.
Watts Water Technologies (NYSE: WTS) has declared a quarterly dividend of $0.43 per share on both its Class A and Class B Common Stock. The dividend will be paid on September 13, 2024, to stockholders of record as of August 30, 2024. Watts Water Technologies is a global manufacturer headquartered in the USA, offering a wide range of plumbing, heating, and water quality products. The company provides innovative solutions for controlling water efficiency, safety, and quality across commercial, residential, and industrial applications.
Watts Water Technologies, Inc. (NYSE: WTS) has announced its upcoming Second Quarter 2024 earnings release and conference call. The company will release its financial results after market close on Wednesday, August 7, 2024. A live webcast of the conference call to discuss these results will be held on Thursday, August 8, 2024, at 9:00 a.m. Eastern Daylight Time.
Investors can access the webcast through the Investor Relations section of the company's website at www.watts.com. An archived version of the call will be available at the same address until August 7, 2025. Watts Water Technologies is a global manufacturer providing a wide range of plumbing, heating, and water quality products for commercial, residential, and industrial applications.
Watts Water Technologies (NYSE: WTS) has released its 2023 Sustainability Report, showcasing its commitment to environmental, social, and governance (ESG) practices. The report highlights several key achievements, including a new target to reduce absolute carbon emissions by 30% by 2034. Watts has also introduced measurable goals across four strategic pillars: Footprint, Handprint, Social Responsibility, and Corporate Governance. Over the past decade, the company has reduced global water usage by over 100 million liters, surpassing its initial goal by achieving a 62% reduction in water use intensity since 2018. In partnership with the Planet Water Foundation, Watts has provided clean water to over 70,000 people in nine countries. The company has received accolades such as America's Greenest Companies by Newsweek, America's Climate Leaders 2023 by USA Today, and America's Most Responsible Companies for the fifth consecutive year. Watts was also named among the Top Places to Work in Massachusetts in 2023 by The Boston Globe.
Watts Water Technologies (NYSE: WTS) has been named one of America's Climate Leaders by USA Today for the second consecutive year. This recognition comes as the company marks its 150th anniversary. Watts was selected from over 2,000 American companies with revenues exceeding $50 million in 2022, based on its significant reduction in Scope 1 and 2 greenhouse gas emissions relative to revenue between 2020 and 2022. CEO Robert J. Pagano, Jr. highlighted the efforts of stakeholders and employees in advancing the company's sustainability strategies. Watts' broad portfolio includes plumbing, heating, and water quality solutions for various applications. For more details, visit the company's sustainability report and official website.
Watts Water Technologies (NYSE: WTS) announced that key executives will attend the Stifel 2024 Cross Sector Insight Conference on June 4, 2024, at the InterContinental Hotel in Boston, MA. Representing Watts Water will be CEO Robert J. Pagano, Jr., CFO Shashank Patel, COO Andre Dhawan, and SVP Diane McClintock. Watts Water, a global manufacturer based in the USA, offers an extensive range of plumbing, heating, and water quality products for various applications. More details can be found on their official website.
Watts Water Technologies (NYSE: WTS) has announced participation in the KeyBanc Capital Markets’ 2024 Industrials & Basic Materials Conference. The event will take place on May 29, 2024, at 8:00 a.m. (Eastern Time) at the InterContinental Hotel in Boston, MA. Key attendees from Watts Water include CEO Robert J. Pagano, Jr., CFO Shashank Patel, and SVP FP&A and Investor Relations Diane McClintock. Watts Water, a global manufacturer, offers an extensive range of plumbing, heating, and water quality products for various applications. This participation aims to enhance investor relations and provide insights into the company's operations and growth strategies.
Watts Water Technologies (NYSE: WTS) announced that their CFO, Shashank Patel, and Senior VP, Diane McClintock, will present at the TD Cowen 2nd Annual Sustainability Virtual Conference on May 22, 2024, at 10:10 AM (ET). The company, headquartered in North Andover, MA, is a global manufacturer offering a wide range of plumbing, heating, and water quality products. They aim to enhance water efficiency, safety, and quality across various applications. Post-presentation, they will also engage in investor meetings.