Watts Water Technologies 株価情報 (NYSE: WTS)

最新ニュース Watts Water Technologies (NYSE:WTS) 株価情報

Watts Water Technologies

Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.

Watts Water Technologies, Inc. Class A Common Stock

Watts Water Technologies Inc

WESTSHORE TERM INVST CP by Westshore Terminals Investment Corp.

Westshore Terminals Investment Corp

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Roth MKM analyst Justin Clare initiated coverage on Atkore Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATKR#NYSE">ATKR</a>) with a Buy rating and announced a price target of $100. Atkore shares closed at $84.61 on Monday. See how other analysts view this stock.</li>
<li>Piper Sandler analyst Patrick Moley initiated coverage on Riot Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) with an Overweight rating and announced a price target of $23. Riot Platforms shares closed at $14.03 on Monday. <a href="https://www.benzinga.com/quote/RIOT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank analyst Andrew Krill initiated coverage on Watts Water Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) with a Hold rating and announced a price target of $240. Watts Water Technologies shares closed at $218.67 on Monday. <a href="https://www.benzinga.com/quote/WTS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Sanjit Singh initiated coverage on Elastic N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) with an Overweight rating and announced a price target of $130. Elastic shares closed at $104.61 on Monday. See how other analysts view this stock.</li>
<li>Oppenheimer analyst Steve Lichtman initiated coverage on Penumbra, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEN#NYSE">PEN</a>) with an Outperform rating and announced a price target of $275. Penumbra shares closed at $247.24 on Monday. <a href="https://www.benzinga.com/quote/PEN/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying ESTC stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="594" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17074936/image-146-1024x594.png" alt="" class="wp-image-695669" style="width:590px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17074936/image-146-1024x594.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17074936/image-146-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17074936/image-146-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17074936/image-146.png 1098w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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ATKR

ESTC

RIOT

This Elastic Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

Deutsche Bank analyst Andrew Krill initiates coverage on Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) with a Hold rating and announces Price Target of $240.

Price Target

Deutsche Bank Initiates Coverage On Watts Water Technologies with Hold Rating, Announces Price Target of $240

Stifel analyst Nathan Jones maintains Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) with a Hold and raises the price target from $202 to $218.

Stifel Maintains Hold on Watts Water Technologies, Raises Price Target to $218

Shashank Patel, Chief Financial Officer at Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>), disclosed an insider sell on November 12, according to a recent SEC filing.
What Happened: After conducting a thorough analysis, Patel sold 5,933 shares of Watts Water Technologies. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000795403/000122520824009828//Archives/edgar/data/795403/000122520824009828/0001225208-24-009828-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total transaction value is $1,239,621.
In the Tuesday's morning session, Watts Water Technologies's shares are currently trading at $209.41, experiencing a down of 1.21%.
<h3>All You Need to Know About Watts Water Technologies</h3>
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
<h3>Breaking Down Watts Water Technologies's Financial Performance</h3>
Revenue Growth: Over the 3 months period, Watts Water Technologies showcased positive performance, achieving a revenue growth rate of 7.79% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 47.3%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Watts Water Technologies's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 2.07.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.13, Watts Water Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 25.42 is lower than the industry average, implying a discounted valuation for Watts Water Technologies's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.14, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Watts Water Technologies's EV/EBITDA ratio at 15.73 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000795403">Check Out The Full List Of Watts Water Technologies's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Shashank Patel Takes Money Off The Table, Sells $1.24M In Watts Water Technologies Stock

Monica Barry, Chief Hr Officer at Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>), reported an insider sell on November 7, according to a new SEC filing. 
What Happened: Barry's decision to sell 1,559 shares of Watts Water Technologies was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000795403/000122520824009715//Archives/edgar/data/795403/000122520824009715/0001225208-24-009715-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $331,318.
The latest update on Friday morning shows Watts Water Technologies shares up by 0.33%, trading at $207.93.
<h3>Discovering Watts Water Technologies: A Closer Look</h3>
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
<h3>Watts Water Technologies: Financial Performance Dissected</h3>
Revenue Growth: Watts Water Technologies displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 7.79%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 47.3%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Watts Water Technologies's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 2.07.
</li>
</ul>
Debt Management: Watts Water Technologies's debt-to-equity ratio is below the industry average. With a ratio of 0.13, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 24.85 is lower than the industry average, implying a discounted valuation for Watts Water Technologies's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.07, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 15.38, Watts Water Technologies's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Unmasking the Significance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000795403">Check Out The Full List Of Watts Water Technologies's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision: Monica Barry Offloads $331K Worth Of Watts Water Technologies Stock

Robert Kenneth Lepage, General Counsel at Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>), reported an insider sell on November 7, according to a new SEC filing. 
What Happened: Lepage's decision to sell 2,607 shares of Watts Water Technologies was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000795403/000122520824009714//Archives/edgar/data/795403/000122520824009714/0001225208-24-009714-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $554,571.
In the Friday's morning session, Watts Water Technologies's shares are currently trading at $207.93, experiencing a up of 0.33%.
<h3>About Watts Water Technologies</h3>
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
<h3>Key Indicators: Watts Water Technologies's Financial Health</h3>
Revenue Growth: Watts Water Technologies's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 7.79%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 47.3%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 2.07, Watts Water Technologies showcases strong earnings per share.
</li>
</ul>
Debt Management: Watts Water Technologies's debt-to-equity ratio is below the industry average. With a ratio of 0.13, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 24.85, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.07 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 15.38 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Unmasking the Significance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Unlocking the Meaning of Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000795403">Check Out The Full List Of Watts Water Technologies's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Watts Water Technologies General Counsel Trades $554K In Company Stock

On November 8, a recent SEC filing unveiled that Robert Pagano Jr, President and CEO at Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) made an insider sell.
What Happened: Jr's recent move involves selling 20,810 shares of Watts Water Technologies. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000795403/000122520824009758//Archives/edgar/data/795403/000122520824009758/0001225208-24-009758-index.htm">U.S. Securities and Exchange Commission</a> on Friday. The total value is $4,415,951.
As of Friday morning, Watts Water Technologies shares are down by 1.32%, currently priced at $204.5.
<h3>All You Need to Know About Watts Water Technologies</h3>
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
<h3>Watts Water Technologies: Delving into Financials</h3>
Revenue Growth: Watts Water Technologies's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 7.79%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 47.3%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 2.07, Watts Water Technologies showcases strong earnings per share.
</li>
</ul>
Debt Management: Watts Water Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.13.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 24.85, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.07, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 15.38, Watts Water Technologies could be considered undervalued.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000795403">Check Out The Full List Of Watts Water Technologies's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

President and CEO At Watts Water Technologies Sells $4.42M Of Stock

Shashank Patel, Chief Financial Officer at Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>), disclosed an insider sell on November 8, according to a recent SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000795403/000122520824009760//Archives/edgar/data/795403/000122520824009760/0001225208-24-009760-index.htm">U.S. Securities and Exchange Commission</a> on Friday, Patel sold 4,569 shares of Watts Water Technologies. The total transaction value is $955,378.
Watts Water Technologies's shares are actively trading at $204.5, experiencing a down of 1.32% during Friday's morning session.
<h3>Discovering Watts Water Technologies: A Closer Look</h3>
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
<h3>Financial Insights: Watts Water Technologies</h3>
Revenue Growth: Over the 3 months period, Watts Water Technologies showcased positive performance, achieving a revenue growth rate of 7.79% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 47.3%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Watts Water Technologies's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 2.07.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.13.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 24.85 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.07, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 15.38, Watts Water Technologies presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>A Closer Look at Important Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000795403">Check Out The Full List Of Watts Water Technologies's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Shashank Patel Takes Money Off The Table, Sells $955K In Watts Water Technologies Stock

TIMOTHY HORNE, 10% Owner at Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>), disclosed an insider sell on November 6, according to a recent SEC filing.
What Happened: HORNE's decision to sell 5,000 shares of Watts Water Technologies was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000795403/000122520824009679//Archives/edgar/data/795403/000122520824009679/0001225208-24-009679-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,072,600.
During Thursday's morning session, Watts Water Technologies shares down by 0.0%, currently priced at $212.17.
<h3>About Watts Water Technologies</h3>
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
<h3>Watts Water Technologies's Economic Impact: An Analysis</h3>
Revenue Growth: Watts Water Technologies displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 7.79%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 47.3%, the company performs well in terms of cost management and profitability within its sector.
</li>
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Earnings per Share (EPS): Watts Water Technologies's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 2.07.
</li>
</ul>
Debt Management: Watts Water Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.13.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 25.44, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 3.15 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Indicated by a lower-than-industry-average EV/EBITDA ratio of 15.75, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Unmasking the Significance of Insider Transactions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Exploring Key Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000795403">Check Out The Full List Of Watts Water Technologies's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

10% Owner Of Watts Water Technologies Sold $1.07M In Stock

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Shares of machinery companies are trading higher. Investors may be reacting to the US presidential election and its impact on the industry.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>B of A Securities analyst Jessica Ehrlich upgraded the rating for Charter Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) from Neutral to Buy and raised the price target from $385 to $450. Charter Communications shares closed at $366.49 on Friday. <a href="https://www.benzinga.com/quote/CHTR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Northcoast Research analyst Ryan Connors upgraded Watts Water Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) from Neutral to Buy and announced a $225 price target. Watts Water Technologies shares closed at $193.68 on Friday. <a href="https://www.benzinga.com/quote/WTS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Samad Samana upgraded the rating for Vertex Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERX#NASDAQ">VERX</a>) from Hold to Buy and increased the price target from $35 to $50. Vertex shares closed at $42.17 on Friday. <a href="https://www.benzinga.com/quote/VERX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Tim Long upgraded Keysight Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEYS#NYSE">KEYS</a>) from Equal-Weight to Overweight and raised the price target from $158 to $180. Keysight shares closed at $151.55 on Friday. <a href="https://www.benzinga.com/quote/KEYS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Matthew Cost upgraded the rating for Roblox Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) from Equal-Weight to Overweight and raised the price target from $38 to $65. Roblox shares closed at $51.44 on Friday. <a href="https://www.benzinga.com/quote/RBLX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying RBLX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="575" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04095120/image-13-1024x575.png" alt="" class="wp-image-628018" style="width:664px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04095120/image-13-1024x575.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04095120/image-13-300x168.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04095120/image-13-768x431.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04095120/image-13.png 1188w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More: 
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<li><a href="https://www.benzinga.com/news/24/11/41685620/top-3-energy-stocks-that-are-preparing-to-pump-in-november">Top 3 Energy Stocks That Are Preparing To Pump In November</a></li>
</ul>

Upgrades

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This Roblox Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Northcoast Research analyst Ryan Connors upgrades Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) from Neutral to Buy and announces $225 price target.

Northcoast Research Upgrades Watts Water Technologies to Buy, Announces $225 Price Target

Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) .

Guidance

Watts Water Technologies Expect FY 2024 Reported sales to increase 9% to 10%.

Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) reported quarterly earnings of $2.03 per share which beat the analyst consensus estimate of $1.99 by 2.01 percent. This is a 0.49 percent decrease over earnings of $2.04 per share from the same period last year. The company reported quarterly sales of $543.60 million which beat the analyst consensus estimate of $542.15 million by 0.27 percent. This is a 7.79 percent increase over sales of $504.30 million the same period last year.

Earnings

Earnings Beats

Watts Water Technologies Q3 Adj $2.03 Beats $1.99 Estimate, Sales $543.60M Beat $542.15M Estimate

Management

Watts Water Technologies CFO Shashank Patel To Retire March 15, 2025

Stifel analyst Nathan Jones maintains Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) with a Hold and lowers the price target from $217 to $202.

Stifel Maintains Hold on Watts Water Technologies, Lowers Price Target to $202

Baird analyst Michael Halloran maintains Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) with a Neutral and lowers the price target from $225 to $199.

Baird Maintains Neutral on Watts Water Technologies, Lowers Price Target to $199

Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) reported quarterly earnings of $2.46 per share which beat the analyst consensus estimate of $2.33 by 5.58 percent. The company reported quarterly sales of $597.000 million which beat the analyst consensus estimate of $589.577 million by 1.26 percent. This is a 12.05 percent increase over sales of $532.800 million the same period last year.

Watts Water Technologies Q2 2024 Adj. EPS $2.46 Beats $2.33 Estimate, Sales $597.000M Beat $589.577M Estimate

Intel Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>) is scheduled to report second-quarter 2024 results on Aug 1, after the closing bell. In the to-be-reported quarter, the company is likely to have recorded higher revenues year over year from the Client Computing Group, backed by a strong emphasis on product innovation. Efforts to increase efficiency in semiconductor manufacturing and improve the supply chain are positive factors.
<h3>Factors at Play</h3>
CCG is the company&#39;s largest segment and accounts for the lion&#39;s share of total revenues. It includes computer CPUs, several server boards, form factor systems and graphic products.
During the second quarter, Intel announced that it has surpassed 500 AI models optimized for the Intel core Ultra processors. The models cover a wide array of AI applications including large language models, diffusion, super resolution, object detection and computer vision. These AI applications can be deployed across various processing units within the Ultra Core processors, including CPU, GPU and NPU (Neural Processing Unit). This has significantly bolstered Intel&#39;s position in the emerging market of AI PCs.
Intel is steadily advancing towards its target of shipping more than 40 million AI PC processors in 2024. The company is scaling its AI footprint to edge devices and PCs with its Core Ultra processors, supporting more than 100 software vendors.
In the quarter under review, Intel unveiled the Lunar Lake architecture at Computex 2024. The Lunar Lake processors will bolster the capabilities of Neural Processing Units and deliver significant performance improvement in AI PCs. Featuring advanced graphics and AI processing power, the solution promises improvements across the security, battery life and power efficiency of devices. These developments are likely to have boosted revenues from this segment.
<h3>Overall Expectations</h3>
The Zacks Consensus Estimate for revenues from the CCG segment is pegged at $7.51 billion, indicating an increase from $6.78 billion in the year-ago quarter. Our estimate for revenues from this segment is pegged at $7.43 billion, suggesting 9.7% growth year over year.
For the June quarter, the Zacks Consensus Estimate for total revenues is pegged at $12.92 billion, which indicates a decrease from the year-ago quarter&#39;s reported figure of $12.95 billion. The consensus estimate for adjusted earnings per share stands at 10 cents, suggesting a decline from 13 cents reported in the prior year.
<h3>Earnings Whispers</h3>
Our proven model does not conclusively predict an earnings beat for Intel for the second quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. 
Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is +10.79%. The Most Accurate Estimate is pegged at 11 cents, while the Zacks Consensus Estimate stands at 10 cents.
<div class="chart_embed">
<h3>Intel Corporation Price and EPS Surprise</h3>
<img alt="Intel Corporation Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/89/1722438714.png" style="height:263px; width:538px" title="" />
Intel Corporation price-eps-surprise | Intel Corporation Quote
</div>
Zacks Rank: Intel has a Zacks Rank #4 (Sell).
<h3>Stocks to Consider</h3>
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
Fortinet (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ftnt#NASDAQ">FTNT</a>) is set to release quarterly numbers on Aug 6. It has an Earnings ESP of +3.41% and a Zacks Rank #3.
The Earnings ESP for BWX Technologies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bwxt#NYSE">BWXT</a>) is +0.88% and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on Aug 5.
The Earnings ESP for Watts Water Technologies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wts#NYSE">WTS</a>) is +1.17% and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on Aug 7.
<a href="https://www.zacks.com/stock/news/2313381/can-healthy-processor-revenues-aid-intel-s-intc-q2-earnings?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2313381">To read this article on Zacks.com click here.</a>

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Can Healthy Processor Revenues Aid Intel's Q2 Earnings?

Stifel analyst Nathan Jones maintains Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) with a Hold and raises the price target from $209 to $217.

Stifel Maintains Hold on Watts Water Technologies, Raises Price Target to $217

Watts Water (WTS) Technologies through its subsidiaries, one of the world's leading manufacturers and providers of plumbing, heating and water qual...

Watts Water Technologies acquires I-CON Systems, no terms

Watts Water Technologies: Not Living Up To Its Positioning

Precision manufacturing stocks are reshaping engineering and driving innovation in various other sectors. Therefore, you might add fundamentally stable precision manufacturing stocks like Corning Incorporated (GLW), Watts Water Technologies (WTS), and TE Connectivity (TEL) to their portfolios. Continue reading… Precision manufacturing has become a cornerstone of modern engineering, enabling industries to achieve unparalleled levels of accuracy and efficiency. These companies specialize in creating high-quality components used in sectors like aerospace, medical devices, and automotive.
Amid this backdrop, investors might consider grabbing shares of three well-positioned precision manufacturing stocks, Corning Incorporated (<a href="https://stocknews.com/stock/GLW/">GLW</a>), Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>), and TE Connectivity plc (<a href="https://stocknews.com/stock/TEL/">TEL</a>), for potential gains.
The rapid evolution of manufacturing technology underscores the need for industries to adapt and innovate. Precision manufacturers are revolutionizing traditional production methods by leveraging advanced technologies such as Computer Numerical Control (CNC) machining and 3D printing. Manufacturers embracing these manufacturing automation trends can maintain a competitive edge while fostering greater sustainability and an efficient future. 
As per the Deloitte outlook, favorable economic conditions in 2025, such as lower interest rates and continued investment in U.S. manufacturing, <a href="https://www2.deloitte.com/us/en/insights/industry/manufacturing/manufacturing-industry-outlook.html">might reignite the demand in the industry</a>. Also, in the third quarter of 2024, the manufacturing sector <a href="https://nam.org/manufacturing-in-the-united-states/facts-about-manufacturing-expanded/">contributed $2.93 trillion to the U.S. economy</a>, which was 10% of the total value-added output. 
Furthermore, the industry is increasingly adopting automation and digital tools to enhance productivity and reduce costs. Smart factories equipped with IoT-enabled machinery and real-time monitoring systems are becoming the norm, enabling manufacturers to push the boundaries of engineering excellence further.
According to Statista, the global manufacturing market is projected to <a href="https://www.statista.com/outlook/io/manufacturing/worldwide">reach $13.8 trillion in 2025</a>, growing at a CAGR of 1.4%
Now, let's take a closer look at the fundamentals of the above-mentioned three <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> stocks, beginning with the third pick.
Stock #3: Corning Incorporated (<a href="https://stocknews.com/stock/GLW/">GLW</a>)
GLW is a materials science, technology, and innovation company. The company operates through five segments: Optical Communications; Display Technologies; Specialty Materials; Environmental Technologies; and Life Sciences.
On January 22, GLW and Samsung Electronics Co., Ltd. announced that the Galaxy S25 Ultra will feature Corning&#xAE; Gorilla&#xAE; Armor 2, the industry's first scratch-resistant, anti-reflective glass ceramic cover material for mobile devices. This collaboration provides customers with advanced and innovative technologies and sets a new standard of durability.
On October 28, AT&amp;T Inc. (<a href="https://stocknews.com/stock/T/">T</a>) and GLW signed a multi-year purchase agreement. Under this agreement, GLW will provide next-generation fiber, cable, and connectivity solutions to support AT&amp;T's fiber network expansion and help bring high-speed internet.
For the third quarter of 2024, which ended on September 30, GLW's <a href="https://www.investopedia.com/terms/n/netsales.asp">net sales</a> increased 6.9% year-over-year to $3.39 billion. The company's operating income for the quarter amounted to $302 million, representing an increase of 28% year-over-year.
Its core net income stood at $465 million, up 20.5% year-over-year, while its core earnings per share rose 20% from the prior year's quarter to $0.54. Also, GLW's adjusted free cash flow grew 18.7% from the year-ago value to $553 million.
The consensus revenue estimate of $3.76 billion for the fiscal fourth quarter (ended December 2024) represents a 14.9% increase year-over-year. The consensus EPS estimate of $0.56 for the current quarter indicates a 42.7% improvement year-over-year. The company has an impressive earnings surprise history; it surpassed the consensus revenue estimates in each of the trailing four quarters.
The stock has gained 77.4% over the past year and 72.7% over the past nine months to close the last trading session at $54.01.
GLW's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
GLW has an A grade for Growth and Momentum and a B for Sentiment. It is ranked #14 out of 35 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> industry. <a href="https://stocknews.com/stock/GLW/">Click here</a> to see the additional ratings for GLW (Value, Stability, and Quality).
Stock #2: Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>)
WTS is a global supplier of products, solutions, and systems that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets. 
On January 6, WTS announced the completion of the acquisition of I-CON Systems Inc., a leading provider of plumbing control solutions primarily for the corrections market. This acquisition will bring I-CON's innovative water management systems that allow WTS to expand its digital offerings and strengthen its position in the market.
On December 13, demonstrating its commitment to returning value to shareholders, the company paid a quarterly dividend of $0.43 per share, up 35% from the previous quarter. WTS pays an annual dividend of $1.72, which translates to a yield of 0.81% at the current share price. Its four-year average dividend yield is 0.72%. Moreover, the company's dividend payouts have increased at an impressive CAGR of 17.7% over the past three years.
WTS' net sales for the third quarter (ended September 29, 2024) increased 7.8% year-over-year to $543.60 million. Its gross profit stood at $257.10 million, indicating a 9.7% growth from the prior-year quarter.
Its net income rose 5% from the year-ago value to $69.10 million, while its net income per share stood at $2.06, up 5.1% year-over-year. Also, the company reported a free cash flow of $204.20 million, indicating a 12.3% growth from the prior year's quarter.
Analysts expect WTS' revenue and EPS for the current year (ended December 2024) are expected to grow by 9.4% and 5.6% from the prior year to $2.25 billion and $8.73, respectively.
Over the past three months, the stock has surged 13.7%, closing the last trading session at $211.07.
It's no surprise that WTS has an overall rating of B, equating to a Buy in our POWR Ratings system. It has a B grade for Momentum and Quality. Out of 35 stocks in the same B-rated industry, WTS is ranked #7.
Beyond what is stated above, we've also rated WTS for Growth, Value, Stability, and Sentiment. Get all WTS ratings <a href="https://stocknews.com/stock/WTS/">here</a>.
Stock #1: TE Connectivity plc (<a href="https://stocknews.com/stock/TEL/">TEL</a>)
Based in Ballybrit, Ireland, TEL is a global industrial technology company that manufactures and sells connectivity and sensor solutions. The company operates through three segments: Transportation Solutions; Industrial Solutions; and Communications Solutions. 
With 13 years of consecutive dividend growth, TEL pays an annual dividend of $2.60, which translates to a yield of 1.75% at the current share price. Its four-year average dividend yield is 1.62%. Also, the company's dividend payouts have increased at CAGRs of 8.7% and 6.9% over the past three and five years, respectively.
During the first quarter that ended December 27, 2024, TEL posted a total group revenue of $3.84 billion, indicating a marginal growth from the prior-year quarter. Its adjusted EBITDA increased marginally year-over-year to $931 million, and the adjusted EPS came in at $1.95, which is up 6% year-over-year. Also, the company's free cash flow amounted to $674 million, reflecting an increase of 18.2% year-over-year.
Street expects TEL's revenue for the fiscal second quarter (ending March 2024) to increase marginally year-over-year to $4.01 billion. Its EPS for the same period is expected to register a 6% growth from the prior year, settling at $1.97. In addition, it surpassed the EPS in each of the trailing four quarters, which is promising.
The stock has gained 16.4% over the past year and 7.9% over the past month to close the last trading session at $155.09.
TEL's strong fundamentals are reflected in its POWR Ratings. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
TEL has a B grade for Value, Momentum, Stability, and Quality. It is ranked #2 in the Industrial - Manufacturing industry. <a href="https://stocknews.com/stock/TEL/">Click here</a> to access the TEL's additional ratings for Growth and Sentiment.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
TEL shares were trading at $155.93 per share on Thursday afternoon, up $0.84 (+0.54%). Year-to-date, TEL has gained 9.06%, versus a 3.69% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/tel-glw-wts-t-3-precision-manufacturing-stocks-pushing-boundaries-in-engineering/>3 Precision Manufacturing Stocks Pushing Boundaries in Engineering</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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Press Releases

Watts Water Technologies, Inc. Declares Quarterly Dividend

Watts Water Technologies to Participate in and Present at the 2024 Baird Global Industrial Conference

Watts Water Technologies Reports Third Quarter 2024 Results

Watts Water Technologies Announces CFO Retirement and Transition Plan

Watts Water Technologies to Participate in the NYSE Industrials Virtual Conference

Watts Water Technologies Named One of "America's Most Responsible Companies 2025" by Newsweek Six Years in a Row Brings "All Time Champion" Designation

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