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. (WTS) delivers innovative water management solutions through advanced valves, flow control systems, and water quality technologies. This page provides investors and industry professionals with a centralized source for official company announcements, operational updates, and strategic developments.
Access real-time updates on product innovations, regulatory compliance milestones, and market expansion efforts across WTS's core segments: plumbing safety systems, HVAC efficiency solutions, water reuse technologies, and infrastructure-grade filtration products. Our news collection ensures transparent tracking of the company's global initiatives in water conservation and sustainable engineering.
Key updates include earnings disclosures, leadership changes, manufacturing advancements, and partnership announcements. All content is curated to meet investor needs for decision-ready information while maintaining strict compliance with financial reporting standards.
Bookmark this page for continuous access to Watts Water Technologies' latest developments in water system optimization and energy-efficient infrastructure solutions. Verify critical updates through primary source documents linked within each news entry.
Watts Water Technologies has achieved verification under The Water Council's WAVE: Water Stewardship Verified program. This accomplishment reflects the company's commitment to assessing and managing water-related risks and impacts. Key actions taken include prioritizing high-risk sites, improving water metering, and enhancing community engagement. The CEO, Robert J. Pagano, emphasized the importance of understanding water as a shared resource and the need for broader impacts beyond their operational footprint. This update aligns with Watts' goal of advancing water stewardship globally.
Watts Water Technologies, Inc. (NYSE: WTS) announced participation in the Seaport Research Partners Annual Summer Investor Virtual Conference on August 23, 2022, at 8:00 a.m. EDT. Leaders Robert J. Pagano Jr. (CEO & President) and Diane McClintock (SVP FP&A and Investor Relations) will represent the company. Watts Water is a global manufacturer based in the USA, providing a wide range of plumbing, heating, and water quality products for various applications. Discover more at www.wattswater.com.
Watts Water Technologies reported Q2 2022 sales of $527 million, a 13% increase from the previous year, with organic sales rising 16%. The GAAP operating margin improved to 18.2%, up 690 bps, while GAAP EPS reached $2.07, marking an 86% increase. CEO Robert J. Pagano Jr. noted strong performance in the Americas, prompting an increased full-year outlook for organic revenue growth of 8% to 11%. Despite challenges like inflation and supply chain issues, operational metrics remain strong, reflecting the company's confidence in its business model.
Watts Water Technologies, Inc. (NYSE: WTS) has declared a quarterly dividend of $0.30 per share for both Class A and Class B Common Stocks. The dividend will be paid on September 15, 2022, to stockholders of record as of September 1, 2022. This reflects the company's commitment to delivering value to its shareholders, affirming its financial stability and operational success in the plumbing, heating, and water quality sectors, where it is recognized as a global leader.
Watts Water Technologies (NYSE: WTS) announced the appointment of Andre Dhawan as Chief Operating Officer, effective August 15, 2022. Dhawan transitions from Gilbarco Veeder-Root, where he served as President of the Americas. He replaces Munish Nanda, who is retiring after years of leadership. CEO Robert Pagano expressed confidence in Dhawan's ability to drive growth and operational excellence, noting his experience in successful product launches and market expansions. This leadership change aims to enhance the company's strategic direction and performance.
Watts Water Technologies, Inc. (NYSE: WTS) will conduct a live conference call to discuss its Second Quarter 2022 results on August 4, 2022, at 9:00 a.m. EDT. The financial results will be released post-market close on August 3, 2022.
Interested parties can access the call via the Investor Relations section of the company's website. A recorded version will remain available until August 4, 2023.
Watts Water Technologies, Inc. (NYSE: WTS) announced participation in the Stifel 2022 Cross Sector Insight Conference. CEO Robert J. Pagano, Jr., CFO Shashank Patel, and SVP Diane McClintock will present on June 8, 2022, at 8:00 a.m. EDT in Boston, MA. Watts Water is a global manufacturer offering a wide range of plumbing, heating, and water quality products for diverse applications. For more details, visit www.watts.com.
Watts Water Technologies, Inc. (NYSE: WTS) announced participation in the KeyBanc Capital Markets’ Industrials & Basic Materials Conference on June 1, 2022, at 8:00 a.m. EDT in Boston, MA. Attendees will include CEO Robert J. Pagano, Jr., CFO Shashank Patel, and Senior VP Diane McClintock. As a global manufacturer, Watts Water is known for its extensive range of plumbing, heating, and water quality products for various applications. For more details, visit www.watts.com.
Watts Water Technologies, Inc. (NYSE: WTS) has joined the United Nations Global Compact (UNGC), a platform aimed at promoting responsible business practices. This participation emphasizes the company's commitment to the UNGC's Ten Principles concerning human rights, labor, environment, and anti-corruption. CEO Robert J. Pagano, Jr. stated that integrating these principles into the company's culture will enhance its sustainability strategy. Watts' Environmental, Social, and Governance (ESG) program has been recognized by Newsweek as one of America’s Most Responsible Companies for three consecutive years.
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