Illinois Municipal Retirement Fund Has $3.71 Million Position in Watts Water Technologies, Inc. $WTS

Illinois Municipal Retirement Fund grew its stake in shares of Watts Water Technologies, Inc. (NYSE:WTS) by 58.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,296 shares of the technology company’s stock after acquiring an additional 4,910 shares during the period. Illinois Municipal Retirement Fund’s holdings in Watts Water Technologies were worth $3,713,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC grew its stake in Watts Water Technologies by 20.7% in the second quarter. Geode Capital Management LLC now owns 804,050 shares of the technology company’s stock valued at $197,728,000 after purchasing an additional 138,034 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Watts Water Technologies by 0.9% during the 2nd quarter. First Trust Advisors LP now owns 545,724 shares of the technology company’s stock valued at $134,188,000 after buying an additional 4,689 shares during the last quarter. Invesco Ltd. grew its stake in shares of Watts Water Technologies by 16.5% in the 2nd quarter. Invesco Ltd. now owns 349,418 shares of the technology company’s stock valued at $85,918,000 after buying an additional 49,462 shares in the last quarter. Norges Bank acquired a new position in Watts Water Technologies in the second quarter worth approximately $80,386,000. Finally, AQR Capital Management LLC raised its position in Watts Water Technologies by 148.3% during the second quarter. AQR Capital Management LLC now owns 277,669 shares of the technology company’s stock valued at $68,276,000 after acquiring an additional 165,837 shares in the last quarter. 95.02% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Watts Water Technologies

Here are the key news stories impacting Watts Water Technologies this week:

• Positive Sentiment: Q4 results beat expectations — management reported an EPS beat and revenue ahead of consensus, with year‑over‑year top‑line growth and healthy margins; this is the primary fundamental driver cited by coverage. Q4 Results Presentation
• Positive Sentiment: Company raised FY‑2026 revenue guidance to roughly $2.6–$2.7 billion (above the prior consensus ~ $2.5B), signaling management confidence in demand recovery and growth trajectory. (Guidance update reported 2/12/2026.)
• Positive Sentiment: Data center momentum and strategic M&A are being highlighted as durable growth drivers — company commentary and analyst write‑ups point to secular demand in critical infrastructure and bolt‑on acquisitions supporting margin expansion. Deep Dive: Data Center Momentum & M&A
• Neutral Sentiment: Full earnings‑call transcripts and the investor presentation are available for detail on segment trends, margin outlook and cash deployment — useful for investors who want to confirm management’s cadence and forward assumptions. Earnings Call Transcript
• Neutral Sentiment: Analyst notes and media coverage are providing varied takes on the industrial goods peer group and WTS’s positioning; these pieces summarize catalysts but don’t show a clear consensus upgrade/downgrade trend yet. Analysts Offer Insights
• Negative Sentiment: Despite positives, the stock may be pulling back because of profit‑taking after a strong run (near its 52‑week high), above‑average volume and a stretched valuation (P/E ~32). Those factors can pressure the share price even when fundamentals improve.

Watts Water Technologies Trading Down 2.6%

Shares of NYSE:WTS opened at $327.59 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.84 and a current ratio of 2.51. The stock’s 50-day moving average is $291.99 and its 200-day moving average is $280.99. The company has a market cap of $10.93 billion, a P/E ratio of 32.21, a P/E/G ratio of 3.05 and a beta of 1.24. Watts Water Technologies, Inc. has a 52-week low of $177.59 and a 52-week high of $345.17.

Watts Water Technologies (NYSE:WTS) last posted its quarterly earnings data on Wednesday, February 11th. The technology company reported $2.62 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.26. The business had revenue of $625.10 million during the quarter, compared to analysts’ expectations of $610.40 million. Watts Water Technologies had a return on equity of 18.55% and a net margin of 13.98%.The firm’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.05 EPS. Equities research analysts predict that Watts Water Technologies, Inc. will post 9.08 earnings per share for the current year.

Watts Water Technologies Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a $0.52 dividend. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, February 27th. Watts Water Technologies’s dividend payout ratio is currently 20.45%.

Insider Buying and Selling at Watts Water Technologies

In related news, major shareholder Timothy P. Horne sold 6,814 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $272.32, for a total transaction of $1,855,588.48. Following the completion of the transaction, the insider directly owned 15,000 shares in the company, valued at $4,084,800. This represents a 31.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Virginia A. Halloran sold 605 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $276.78, for a total transaction of $167,451.90. Following the completion of the sale, the chief accounting officer owned 13,412 shares in the company, valued at $3,712,173.36. This represents a 4.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 8,611 shares of company stock worth $2,347,509. 1.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on WTS. Zacks Research raised shares of Watts Water Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Robert W. Baird set a $361.00 price objective on shares of Watts Water Technologies in a report on Friday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $339.00 target price on shares of Watts Water Technologies in a research report on Friday. Stifel Nicolaus boosted their price target on Watts Water Technologies from $320.00 to $389.00 and gave the stock a “buy” rating in a research report on Friday. Finally, HSBC initiated coverage on Watts Water Technologies in a report on Tuesday, January 27th. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $334.11.

About Watts Water Technologies

Watts Water Technologies, Inc is a global manufacturer and distributor of flow control products and solutions designed to ensure the safe, efficient delivery and use of water. Founded in 1874 and headquartered in North Andover, Massachusetts, the company has built a reputation for engineering innovation in residential, commercial and industrial plumbing, heating, cooling and water treatment systems. Watts operates through a comprehensive portfolio of brands and product lines that address application-specific requirements in water safety, pressure regulation, flow control and filtration.

The company’s product offerings span backflow preventers, pressure reducing valves, relief valves and steam traps, as well as hydronic balancing and temperature control devices for heating systems.