Watts Water Technologiesの空売り状況は、投資家がWatts Water Technologiesの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Watts Water Technologies (NYSE:WTS) 株価情報, 空売り情報

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

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.

News

Insider Trades

Trading Ideas

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>
<li>
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.
<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>
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

WIIM

ALSN

ASTE

ATMU

CMCO

CVGI

EPAC

FELE

GTES

GTLS

LECO

NDSN

OFLX

PCAR

PKOH

PLOW

PRLB

SHYF

SPXC

TAYD

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: 
<ul>
<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

Pre-Market Outlook

Markets

Analyst Ratings

CHTR

KEYS

RBLX

VERX

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.

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>

Penny Stocks

Tech

BWXT

FTNT

INTC

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 Technologies's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>) short percent of float has risen 14.59% since its last report. The company recently reported that it has 871 thousand shares sold short, which is 4.32% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.6 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Watts Water Technologies Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720813523_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Watts Water Technologies has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Watts Water Technologies's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Watts Water Technologies's peer group average for short interest as a percentage of float is 3.27%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(WTS) - Analyzing Watts Water Technologies's Short Interest

A substantial insider sell was reported on May 24, by Shashank Patel, Chief Financial Officer at Watts Water Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTS#NYSE">WTS</a>), based on the recent SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000795403/000122520824006349//Archives/edgar/data/795403/000122520824006349/0001225208-24-006349-index.htm">U.S. Securities and Exchange Commission</a> on Friday outlined that Patel executed a sale of 1,508 shares of Watts Water Technologies with a total value of $324,370.
Tracking the Friday's morning session, Watts Water Technologies shares are trading at $210.17, showing a down of 0.0%.
<h3>Get to Know Watts Water Technologies Better</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>A Deep Dive into Watts Water Technologies's Financials</h3>
Revenue Growth: Watts Water Technologies displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 21.03%. 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.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 46.86%, 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 2.17.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.18, Watts Water Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Watts Water Technologies's P/E ratio of 26.08 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.27 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): With a below-average EV/EBITDA ratio of 16.86, Watts Water Technologies presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</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>
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 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>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>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision: Shashank Patel Offloads $324K Worth Of 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>), executed a substantial insider sell on May 24, according to an SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000795403/000122520824006350//Archives/edgar/data/795403/000122520824006350/0001225208-24-006350-index.htm">U.S. Securities and Exchange Commission</a> on Friday, HORNE sold 5,000 shares of Watts Water Technologies. The total transaction value is $1,061,150.
The latest update on Friday morning shows Watts Water Technologies shares down by 0.0%, trading at $210.17.
<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>Understanding the Numbers: Watts Water Technologies's Finances</h3>
Positive Revenue Trend: Examining Watts Water Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 21.03% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 46.86%, 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 2.17, Watts Water Technologies showcases strong earnings per share.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.18.
Navigating Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 26.08 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 3.27 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 16.86, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as 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>Why Pay Attention to Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</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>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Selling: TIMOTHY HORNE Unloads $1.06M Of Watts Water Technologies Stock

An update from Watts Water Technologies ( ($WTS) ) is now available. Watts Water Technologies announced a robust third quarter for 2024, with sales...

Watts Water Reports Strong Q3 2024 Performance

Watts Water Technologies Non-GAAP EPS of $2.03 beats by $0.04, revenue of $544M beats by $2.5M

Oppenheimer analyst Bryan Blair maintained a Hold rating on Watts Water Technologies (WTS – Research Report) today. The company's shares closed yes...

Watts Water Technologies (WTS) Receives a Rating Update from a Top Analyst

Watts Water Technologies, Inc. (WTS) Q3 2024 Earnings Call Transcript

The industrial sector is seeing strong growth potential due to rising demand for machinery and services, boosted by advanced technologies and supportive government policies. Hence, fundamentally sound industrial stocks Littelfuse (LFUS), Watts Water Technologies, Inc. (WTS), and Franklin Electric (FELE), might be solid buys for gains next year. Read more... The industrial sector's prospects appear promising due to the increasing demand for goods and services, the shift to smart factories with advanced technologies like robotics and IoT, and government initiatives that boost domestic manufacturing and infrastructure investment.
Given the favorable outlook for the sector, investors could consider investing in high-quality industrial stocks like Littelfuse, Inc. (<a href="https://stocknews.com/stock/LFUS/">LFUS</a>), Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>), and Franklin Electric Co., Inc. (<a href="https://stocknews.com/stock/FELE/">FELE</a>), which are strategically positioned to benefit from the current manufacturing boom.
The industrial sector is experiencing a digital transformation in the era of Industry 4.0, leading to increased productivity and efficiency. The global Industry 4.0 market is projected to reach $482 billion by 2032, registering a <a href="https://market.us/report/industry-4-0-market/">CAGR of 20.7%</a>.
Driven by the rapid adoption of industrial automation, the global industrial services market is projected to expand at a <a href="https://www.grandviewresearch.com/industry-analysis/industrial-services-market-report">6.5% CAGR</a> from 2024 to 2030. As companies embrace these technologies, the demand for more advanced and reliable industrial services continues to rise.
Moreover, the U.S. government is driving industrial growth through the Chips Act and the Inflation Reduction Act. By offering financial incentives and encouraging public-private partnerships, these government policies are fostering an industrial resurgence, paving the way for advanced technologies and sustainable growth in the U.S.
Let's assess why the three featured <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial-Manufacturing</a> stocks are worth investing in now.
Stock #3: Littelfuse, Inc. (<a href="https://stocknews.com/stock/LFUS/">LFUS</a>)
LFUS designs, manufactures, and sells electronic components, modules, and subassemblies worldwide. The company operates through three segments: Electronics; Transportation; and Industrial.
On October 5, 2024, LFUS announced the launch of RCMP20 Residual Current Monitor Series for Mode 2 and Mode 3 EV charging stations. Featuring the largest current transformer (CT) aperture in the industry, the RCMP20 Series enhances Littelfuse's growing portfolio of EV infrastructure solutions.
In the fiscal second quarter ended June 29, 2024, LFUS's net sales amounted to $558 million. Its gross profit was $207.00 million. Moreover, its <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> and adjusted EPS came in at $45.47 million and $1.97, respectively.
Street projects LFUS' revenue and EPS to rise 4.1% and 17.9% year-over-year to $557.72 million and $2.08 in the fiscal fourth quarter ending December 2024. It has exceeded the EPS consensus estimate in each of the four previous quarters, which is impressive.
The stock has climbed 13.6% over the past year and soared 9.5% over the past six months to close the last trading session at $253.12.
LFUS's <a href="https://stocknews.com/stock/WTS/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
It has a B for Quality. It is ranked #12 out of 34 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial-Manufacturing</a> industry.
To access LFUS's Growth, Value, Sentiment, Stability, and Momentum ratings, click <a href="https://stocknews.com/stock/LFUS/ratings/">here</a>.
Stock #2: Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>)
WTS operates globally through its flow management, HVAC, and water quality solutions. It operates through three segments, namely Americas; Europe; and Asia-Pacific, Middle East &amp; Africa (APMEA).
On September 13, 2024, WTS paid a quarterly dividend of $0.43 per share. It pays an annual dividend of $1 per share, which translates to a yield of 0.98% on prevailing prices, higher than its four-year average yield of 90%.
During the fiscal second quarter that ended June 30, 2024, WTS's total sales increased 12% year-over-year to $597 million with flat organic sales. Its reported operating margin was 18.7%, while the adjusted operating margin was 18.8%. Additionally, adjusted EPS was $2.46, up 5% year-over-year.
Analysts expect WTS' revenue for the quarter ended September 30, 2024, to increase 7.4% year-over-year to $541.50 million. The company has an excellent earnings surprise history; it surpassed the consensus EPS and revenue estimates in each of the trailing four quarters.
Over the past year, the stock has gained 21.2% to close the last trading session at $200.41. It soared 5.57% year-to-date.
WTS's POWR Ratings reflect solid prospects. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
WTS has a B grade for Quality. It is ranked #9 out of 34 stocks in the same industry.
Beyond what we have stated above, we also have given WTS grades for Growth, Value, Momentum, Sentiment and Stability. Get all the WTS's ratings <a href="https://stocknews.com/stock/WTS/">here</a>.
Stock #1: Franklin Electric Co., Inc. (<a href="https://stocknews.com/stock/FELE/">FELE</a>)
FELE designs, manufactures, and distributes water and fuel pumping systems globally. The company operates through three segments Water Systems, Fueling Systems, and Distribution.
On August 15, FELE paid a quarterly cash dividend of $0.25 per share.
In the fiscal second quarter, which ended June 30, 2024, FELE's gross profit increased 6% from the prior year-quarter to $199.80 million. The company posted a net income of $59.10 million, and its EPS came in at $1.28.
Street expects FELE's revenue for the fiscal third quarter (ended September 2024) to increase 2.4% year-over-year to $551.08 million. Its EPS for the same quarter is projected to grow 2.8% from the prior year to $1.27.
Shares of FELE have gained 21.2% over the past year and 5.6% year-to-date to close the last trading session at $102.40.
FELE's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Stability and Quality. Within the same industry, it is ranked #7.
Click <a href="https://stocknews.com/stock/FELE/ratings/">here</a> to see FELE's other ratings for Growth, Value, Momentum, and Sentiment.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
WTS shares were trading at $198.89 per share on Thursday afternoon, down $1.52 (-0.76%). Year-to-date, WTS has declined -3.94%, versus a 23.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/wts-lfus-fele-3-industrial-stocks-to-benefit-from-a-manufacturing-boom/>3 Industrial Stocks to Benefit from a Manufacturing Boom</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Industrial Stocks to Benefit from a Manufacturing Boom

Northcoast upgraded Watts Water (WTS) to Buy from Neutral with a $225 price target Published first on TheFly – the ultimate source for real-time, m...

Watts Water upgraded to Buy from Neutral at Northcoast

Joseph C Giordano, an analyst from TD Cowen, maintained the Hold rating on Watts Water Technologies (WTS – Research Report). The associated price t...

Hold Rating on Watts Water Technologies Amid Uncertain Sector Trends and Macroeconomic Challenges

Niche manufacturers are carving a significant space in the global economy by addressing specific demand for customized solutions. Amid this backdrop, you might consider tapping into three niche manufacturers: Corning Inc. (GLW), Littelfuse (LFUS), and Watts Water Technologies (WTS). Continue reading… Unlike large-scale manufacturers catering to mass markets, niche players focus on producing specialized, tailored products. This industry is poised to benefit from improving supply chains, resulting in easier availability of raw materials and faster deliveries.
Given this positive sentiment, it might be wise for investors to consider investing in quality industrial manufacturing stocks Corning Incorporated (<a href="https://stocknews.com/stock/GLW/">GLW</a>), Littelfuse, Inc. (<a href="https://stocknews.com/stock/LFUS/">LFUS</a>), and Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>), which are driving both innovation and economic growth.
As per the <a href="https://www2.deloitte.com/us/en/insights/industry/manufacturing/manufacturing-industry-outlook.html">Deloitte report</a>, this fiscal year 2024, investment in U.S. manufacturing has led to longer-term growth. There have been 54 new clean-technology-manufacturing facilities announced during the year through September, representing over $15 billion in investment, which is expected to create more than 15,000 new jobs.
One of the major growth drivers for niche manufacturing is technological advancement. By incorporating automation, AI, and 3D printing into production processes, these manufacturers can meet complex requirements while maintaining efficiency and scalability.
According to an industrial outlook survey, <a href="https://www.advancedtech.com/blog/industrial-market-outlook-status-and-trends/">approximately 86% of manufacturing executives</a> responded that smart factories will be one of the main competitive advantages in the next five years.
The global smart manufacturing market is estimated to reach $479.17 billion by 2029, <a href="https://www.globenewswire.com/news-release/2024/11/12/2978953/28124/en/Smart-Manufacturing-Market-Forecast-Report-to-2029-A-USD-479-17-Billion-Market-by-2029.html">exhibiting a CAGR of 15.5%</a>. Therefore, the outlook for niche manufacturing remains optimistic, with rising demand in industries that require specialized expertise.
Now, let's take a closer look at the fundamentals of the three <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> stocks, beginning with the third choice.
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 October 28, AT&amp;T Inc. (<a href="https://stocknews.com/stock/T/">T</a>) and GLW together signed a multi-year purchase agreement. Under this agreement, GLW will provide next-generation fiber, cable, and connectivity solutions to support the expansion of AT&amp;T's fiber network and help bring high-speed internet.
On August 1, GLW and Lumen Technologies, Inc. (<a href="https://stocknews.com/stock/LUMN/">LUMN</a>) announced a supply agreement on next-generation fiber-optic cable to support data center AI demands. With this agreement, Lumen reserves 10% of GLW's global fiber capacity for each of the next two years to interconnect AI-enabled data centers. This agreement makes it GLW's first outside-plant deployment new gen-AI fiber and cable system.
For the third quarter of 2024, which ended on September 30, GLW's net sales 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 <a href="https://www.investopedia.com/terms/f/freecashflow.asp">free cash flow</a> grew 18.7% from the year-ago value to $553 million.
The consensus revenue estimate of $3.76 billion for the fiscal fourth quarter (ending December 2024) represents a 14.8% increase year-over-year. The consensus EPS estimate of $0.56 for the current quarter indicates a 42.5% 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 69.1% over the past year and 48.2% over the past nine months to close the last trading session at $47.84.
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 a B for Momentum and Sentiment. It is ranked #13 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: Littelfuse, Inc. (<a href="https://stocknews.com/stock/LFUS/">LFUS</a>)
LFUS designs, manufactures, and sells electronic components, modules, and subassemblies worldwide. The company operates through three segments: Electronics; Transportation; and Industrial.
On October 22, 2024, LFUS announced the launch of RCMP20 Residual Current Monitor Series for Mode 2 and Mode 3 EV charging stations. This launch features the largest Current Transformer (CT) aperture in the industry, and the RCMP20 Series enhances LFUS' growing portfolio of EV infrastructure solutions.
In the fiscal third quarter that ended on September 30, 2024, LFUS' total net sales amounted to $567.39 million, while its Industrial segment net sales grew 6.6% from the same period last year to $91.82 million. The company's net income came in at $58.1 million, up marginally year-over-year, and its EPS stood at $2.32, representing a marginal increase year-over-year.
Street expects LFUS' revenue for the fiscal first quarter (ending March 2025) to increase marginally year-over-year to $543.47 million. Its EPS for the same period is expected to register a 16.5% growth from the prior year, settling at $2.05. In addition, it surpassed the consensus EPS estimates in each of the trailing four quarters, which is promising.
LFUS shares have surged 43.6% over the past year and 34.5% over the past nine months to close the last trading session at $238.66.
LFUS' bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It also has a B grade for Stability, Sentiment, and Quality. Within the same B-rated industry, it is ranked #8. <a href="https://stocknews.com/stock/LFUS/">Click here</a> to see LFUS' ratings for Growth, Value, and Momentum.
Stock #1: 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 October 28, demonstrating its commitment to returning value to shareholders, the company declared a quarterly dividend of $0.43 per share, up 35% from the previous quarter, payable to its shareholders on December 13, 2024.
WTS pays an annual dividend of $1.72, which translates to a yield of 0.83% 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 17.3% 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 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 (ending December 2024) are expected to grow by 9.4% and 5.7% from the prior year to $2.25 billion and $8.74, respectively.
Over the past three months, the stock has surged 13.7%, closing the last trading session at $210.80.
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 Industrial - Manufacturing 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>.
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 />
GLW shares were trading at $48.45 per share on Friday afternoon, up $0.61 (+1.28%). Year-to-date, GLW has gained 63.84%, versus a 26.42% 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/glw-wts-lfus-t-lumn-3-niche-manufacturers-tapping-into-specialized-demand/>3 Niche Manufacturers Tapping Into Specialized Demand</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Niche Manufacturers Tapping Into Specialized Demand

Dividend Champion, Contender, And Challenger Highlights: Week Of November 24

BOKF

CBOE

CCFN

CGNX

CNOB

CPKF

CRAI

CTRA

CTSH

CTVA

CWEN

EBAY

ESNT

EXPD

FCFS

FMBH

FXNC

GCBC

GWRS

HONT

HTBI

HUBB

HWKN

IOSP

JKHY

KNSL

LARK

LCII

LCNB

LFUS

LUMN

MATW

MBCN

MGEE

MSCI

MSEX

MUSA

NBHC

NBTB

NXST

OTEX

PAYX

PFIS

POOL

POWI

PPLL

PRGO

PSTL

RGCO

RGLD

SBUX

SIGI

SLGN

SMBC

SPGI

SSNC

SSTK

STAG

TAIT

TSBK

TTEK

UBCP

UFPI

WSBC

WTRG

Press Releases

Watts Water Technologies Reports Record Second Quarter 2024 Results

Watts Water Technologies, Inc. to Participate in the 2024 Seaport Research Partners Annual Summer Investor Virtual Conference

Watts Water Technologies, Inc. to Participate in the Stifel London Industrials Summit

Watts Water Technologies, Inc. Named One of "America's Greenest Companies 2025" by Newsweek

Watts Water Technologies, Inc. Announces Third Quarter 2024 Earnings Release and Earnings Conference Call

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

Comments

Watts Water Technologies

空売り

Watts Water Technologies (NYSE:WTS) 株価情報, 空売り情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル