Mueller Water Products (NYSE:MWA) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Mueller Water Products (NYSE:MWA) released its earnings results on Tuesday. The industrial products company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.06, Zacks reports. Mueller Water Products had a return on equity of 19.38% and a net margin of 8.82%. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Mueller Water Products updated its FY 2025 guidance to EPS.

Mueller Water Products Stock Up 0.7 %

Shares of MWA stock traded up $0.17 on Tuesday, hitting $23.13. The stock had a trading volume of 1,127,652 shares, compared to its average volume of 1,213,801. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.33 and a quick ratio of 2.16. The business has a 50 day moving average of $23.41 and a 200 day moving average of $22.28. Mueller Water Products has a 12-month low of $13.49 and a 12-month high of $26.28. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of 31.68, a price-to-earnings-growth ratio of 1.31 and a beta of 1.38.

Mueller Water Products Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be paid a dividend of $0.067 per share. This represents a $0.27 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Monday, February 10th. Mueller Water Products’s dividend payout ratio (DPR) is presently 36.99%.

Analyst Ratings Changes

Several research analysts have recently issued reports on MWA shares. StockNews.com downgraded shares of Mueller Water Products from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 30th. Oppenheimer reiterated an “outperform” rating and issued a $27.00 price target (up previously from $26.00) on shares of Mueller Water Products in a research report on Friday, November 8th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $22.20.

Insiders Place Their Bets

In other news, CAO Suzanne G. Smith sold 26,138 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $24.99, for a total transaction of $653,188.62. Following the completion of the sale, the chief accounting officer now owns 9,378 shares in the company, valued at $234,356.22. This trade represents a 73.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Todd P. Helms sold 3,556 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $25.02, for a total value of $88,971.12. Following the completion of the transaction, the senior vice president now owns 38,683 shares in the company, valued at approximately $967,848.66. The trade was a 8.42 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 98,433 shares of company stock valued at $2,494,144. Corporate insiders own 1.10% of the company’s stock.

Mueller Water Products Company Profile

Mueller Water Products, Inc manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.