What is Seaport Res Ptn’s Estimate for WTS FY2025 Earnings?

Watts Water Technologies, Inc. (NYSE:WTS) – Equities research analysts at Seaport Res Ptn increased their FY2025 EPS estimates for Watts Water Technologies in a note issued to investors on Tuesday, November 11th. Seaport Res Ptn analyst W. Liptak now anticipates that the technology company will post earnings per share of $10.25 for the year, up from their previous estimate of $9.64. The consensus estimate for Watts Water Technologies’ current full-year earnings is $9.08 per share. Seaport Res Ptn also issued estimates for Watts Water Technologies’ Q2 2026 earnings at $3.41 EPS.

Watts Water Technologies (NYSE:WTS) last posted its quarterly earnings results on Wednesday, November 5th. The technology company reported $2.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.21. The business had revenue of $611.70 million for the quarter, compared to the consensus estimate of $576.20 million. Watts Water Technologies had a net margin of 13.63% and a return on equity of 18.11%. Watts Water Technologies’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.03 earnings per share. Watts Water Technologies has set its FY 2025 guidance at EPS.

Several other brokerages have also weighed in on WTS. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Watts Water Technologies in a research report on Tuesday, October 14th. Wall Street Zen upgraded shares of Watts Water Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Zacks Research cut shares of Watts Water Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 20th. Barclays raised their target price on Watts Water Technologies from $287.00 to $300.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Finally, Stifel Nicolaus boosted their price target on Watts Water Technologies from $290.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Watts Water Technologies has an average rating of “Hold” and a consensus price target of $264.25.

Watts Water Technologies Stock Performance

Shares of WTS stock opened at $276.42 on Thursday. The firm has a market cap of $9.22 billion, a P/E ratio of 29.72, a PEG ratio of 3.27 and a beta of 1.17. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.59 and a quick ratio of 1.63. Watts Water Technologies has a fifty-two week low of $177.59 and a fifty-two week high of $287.89. The stock’s 50-day moving average is $277.61 and its two-hundred day moving average is $259.67.

Watts Water Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, December 1st. Watts Water Technologies’s dividend payout ratio is currently 21.47%.

Hedge Funds Weigh In On Watts Water Technologies

Several large investors have recently bought and sold shares of the stock. Barclays PLC boosted its holdings in Watts Water Technologies by 2.8% in the 3rd quarter. Barclays PLC now owns 63,301 shares of the technology company’s stock valued at $17,679,000 after purchasing an additional 1,724 shares during the period. Reyes Financial Architecture Inc. bought a new stake in shares of Watts Water Technologies in the third quarter valued at about $98,000. Picton Mahoney Asset Management lifted its stake in shares of Watts Water Technologies by 28.7% in the third quarter. Picton Mahoney Asset Management now owns 3,187 shares of the technology company’s stock valued at $890,000 after buying an additional 710 shares during the period. Journey Strategic Wealth LLC grew its position in Watts Water Technologies by 4.3% during the third quarter. Journey Strategic Wealth LLC now owns 1,001 shares of the technology company’s stock worth $280,000 after buying an additional 41 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its stake in Watts Water Technologies by 232.4% during the third quarter. Handelsbanken Fonder AB now owns 31,728 shares of the technology company’s stock valued at $8,861,000 after acquiring an additional 22,184 shares during the period. 95.02% of the stock is currently owned by institutional investors and hedge funds.

About Watts Water Technologies

Watts Water Technologies, Inc, together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa.