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 (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.
Watts Water Technologies, Inc. reported record first quarter 2024 results with sales of $571 million, a 21% increase, and organic sales up 6%. Reported EPS was $2.17, a 12% increase, adjusted EPS of $2.33, up 21%. Operating margin was 16.9%, down 110 bps, adjusted margin was 18.2%, up 30 bps. Quarterly dividend payments increased by 19%. Full-year 2024 outlook raised with organic sales growth ranging from -4% to 1% and adjusted margin from 17.1% to 17.7%. Acquisitions integration progressing well with strong balance sheet and cash flow.
Watts Water Technologies, Inc. (NYSE: WTS) announced a quarterly dividend of $0.43 per share for both Class A and Class B Common Stock. The dividend will be paid on June 14, 2024, to stockholders of record on May 31, 2024. Watts Water Technologies is a global manufacturer offering plumbing, heating, and water quality solutions for commercial, residential, and industrial applications.
Watts Water Technologies, Inc. is celebrating its 150th anniversary with a bell ringing ceremony at the New York Stock Exchange. The CEO will ring the bell on May 6, 2024, to mark the occasion. Watts leaders, global team members, and customers will be in attendance to commemorate the company's legacy of innovation and customer satisfaction over the past 150 years.
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