Jefferies has initiated coverage on Watts Water Technologies Inc (WTS) with a Hold rating, marking the firm's first assessment of the company. This decision reflects an analysis of Watts Water's business, industry dynamics, and growth prospects.
Headquartered in North Andover, Massachusetts, Watts Water Technologies is a key player in the machinery industry, employing 4,800 full-time staff. The company specializes in products for water conservation, safety, and flow control, offering solutions that include residential and commercial flow control products, high-efficiency HVAC systems, drainage products, and water filtration systems.
As of December 11, 2025, Watts Water shares are priced at $278.68, with a market capitalization of $9.2 billion. The company has a price-to-earnings ratio of 28.34 and an impressive dividend yield of 75.5%. Upcoming earnings are anticipated on August 4, 2026, with an estimated EPS of $3.34 and revenue of $692.5 million.
Analyst ratings serve as professional opinions based on extensive research and financial models. While they provide valuable insights, potential investors should consider various factors, including company fundamentals and market trends, rather than relying solely on these assessments. Analyst opinions can evolve as new information emerges, leading to differing views on the same company.