WATTS WATER TECHNOLOGIES INC
At today's price, WATTS WATER TECHNOLOGIES INC (WTS) is priced for today's economics sustained for ~6.2 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
The book-value models miss what Watts Water actually is. The simple excess-return model lands near $118 and the earnings-power value near $99 against a $344 price, because they cannot see the brand and specification moat in a plumbing-products business that earns a 19%-plus operating margin. The growth is real and accelerating. Q1 2026 set a record with sales of $677 million, up 21% reported and 12% organic, and adjusted operating margin expanded 110 basis points to 20.1% even after absorbing t
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501 institutional managers reported holding WTS in 13F filings for the quarter ended 2026-03-31. Together they hold about 79% of the company; the top 10 hold 42%. 58 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 1.5M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (4.2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
WTS has cut its share count 0.9% over the past five years, spending $130.40M on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting), raised 14 years straight; the current rate is $1.99 a share annually. Cash returned over the past three years: $164.10M in dividends and $45.10M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at WTS over the trailing three years. Absence is a fact about the company, not a signal. 18 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
WTS's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-04 | +0.8% | -9.9% |
| 2023-11-03 | +7.3% | +2.6% |
| 2024-02-22 | -7.8% | +2.6% |
| 2024-05-10 | +1.0% | -11.3% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
WTS's latest 8-K filings: 2026-05-20 (items 5.07); 2026-05-06 (items 2.02, 9.01); 2026-02-11 (items 2.02, 9.01); 2025-11-17 (items 5.02, 9.01); 2025-11-10 (items 1.01, 5.02).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.