Brian Healy Acquires 1,125 Shares of Mueller Water Products (NYSE:MWA) Stock

Mueller Water Products (NYSE:MWA) Director Brian Healy acquired 1,125 shares of the stock in a transaction dated Wednesday, January 7th. The stock was bought at an average price of $24.41 per share, with a total value of $27,461.25. Following the purchase, the director directly owned 17,925 shares in the company, valued at $437,549.25. This represents a 6.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Mueller Water Products Stock Up 3.1%

NYSE MWA traded up $0.76 on Thursday, hitting $25.01. 1,104,446 shares of the company were exchanged, compared to its average volume of 907,174. The company has a current ratio of 3.54, a quick ratio of 2.41 and a debt-to-equity ratio of 0.46. The company has a market cap of $3.91 billion, a PE ratio of 20.67, a PEG ratio of 1.17 and a beta of 1.18. The stock has a fifty day moving average of $24.38 and a 200-day moving average of $25.06. Mueller Water Products has a 12 month low of $21.35 and a 12 month high of $28.58.

Mueller Water Products (NYSE:MWA) last announced its quarterly earnings data on Thursday, February 24th. The industrial products company reported $0.11 earnings per share for the quarter. The firm had revenue of $237.40 million for the quarter. Mueller Water Products had a net margin of 13.41% and a return on equity of 22.75%. As a group, analysts forecast that Mueller Water Products will post 1.24 earnings per share for the current year.

Mueller Water Products Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Monday, November 10th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.1%. This is a boost from Mueller Water Products’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Monday, November 10th. Mueller Water Products’s payout ratio is 23.14%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Mueller Water Products in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $29.00.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Covestor Ltd grew its position in Mueller Water Products by 131.8% in the 3rd quarter. Covestor Ltd now owns 1,050 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 597 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of Mueller Water Products by 112.5% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,294 shares of the industrial products company’s stock worth $31,000 after buying an additional 685 shares in the last quarter. Quarry LP boosted its stake in shares of Mueller Water Products by 398.0% in the 3rd quarter. Quarry LP now owns 2,196 shares of the industrial products company’s stock worth $56,000 after buying an additional 1,755 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Mueller Water Products by 31.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,427 shares of the industrial products company’s stock worth $62,000 after buying an additional 575 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its holdings in shares of Mueller Water Products by 355.4% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,842 shares of the industrial products company’s stock valued at $68,000 after acquiring an additional 2,218 shares in the last quarter. 91.68% of the stock is owned by institutional investors.

About Mueller Water Products

Mueller Water Products, Inc is a leading provider of water infrastructure and flow control products and services designed to help water utilities and municipalities manage, control and measure their water distribution systems. The company’s portfolio includes a comprehensive range of products such as fire hydrants, valves, pipe repair systems, fittings and couplings, along with advanced metering and monitoring solutions. By combining traditional mechanical components with digital technologies, Mueller Water Products addresses the critical need for reliable and sustainable water distribution across North America.

The company’s operations are organized around two primary business segments.