New Age Alpha Advisors LLC Raises Position in Watts Water Technologies, Inc. $WTS

Posted by Stanley Muller on May 28th, 2026

New Age Alpha Advisors LLC raised its stake in shares of Watts Water Technologies, Inc. (NYSE:WTS – Free Report) by 101.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,078 shares of the technology company’s stock after purchasing an additional 3,058 shares during the period. New Age Alpha Advisors LLC’s holdings in Watts Water Technologies were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Centennial Wealth Advisory LLC raised its position in Watts Water Technologies by 3.8% during the fourth quarter. Centennial Wealth Advisory LLC now owns 1,012 shares of the technology company’s stock valued at $279,000 after purchasing an additional 37 shares during the period. Oregon Public Employees Retirement Fund grew its stake in shares of Watts Water Technologies by 0.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 5,510 shares of the technology company’s stock valued at $1,521,000 after buying an additional 38 shares during the last quarter. Texas Yale Capital Corp. grew its stake in shares of Watts Water Technologies by 4.4% during the third quarter. Texas Yale Capital Corp. now owns 940 shares of the technology company’s stock valued at $263,000 after buying an additional 40 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Watts Water Technologies by 0.6% during the second quarter. Thrivent Financial for Lutherans now owns 6,457 shares of the technology company’s stock valued at $1,588,000 after buying an additional 40 shares during the last quarter. Finally, Journey Strategic Wealth LLC grew its stake in shares of Watts Water Technologies by 4.3% during the third quarter. Journey Strategic Wealth LLC now owns 1,001 shares of the technology company’s stock valued at $280,000 after buying an additional 41 shares during the last quarter. 95.02% of the stock is currently owned by hedge funds and other institutional investors.

Watts Water Technologies Stock Up 1.1%

Shares of NYSE:WTS opened at $315.21 on Thursday. Watts Water Technologies, Inc. has a 52-week low of $237.15 and a 52-week high of $345.17. The stock has a market cap of $10.52 billion, a P/E ratio of 28.84, a price-to-earnings-growth ratio of 2.77 and a beta of 1.20. The business’s 50 day moving average is $298.04 and its 200 day moving average is $295.22. The company has a quick ratio of 1.62, a current ratio of 2.72 and a debt-to-equity ratio of 0.09.

Watts Water Technologies (NYSE:WTS – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The technology company reported $3.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.72 by $0.32. Watts Water Technologies had a return on equity of 18.92% and a net margin of 14.32%.The company had revenue of $677.30 million for the quarter, compared to analysts’ expectations of $638.13 million. Watts Water Technologies’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.37 earnings per share. Sell-side analysts predict that Watts Water Technologies, Inc. will post 11.9 EPS for the current year.

Watts Water Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, June 1st. Watts Water Technologies’s dividend payout ratio is presently 19.03%.

Insider Activity

In other Watts Water Technologies news, insider Elie Melhem sold 2,257 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $301.00, for a total transaction of $679,357.00. Following the transaction, the insider directly owned 8,963 shares in the company, valued at $2,697,863. This represents a 20.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael J. Dubose sold 332 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $301.70, for a total transaction of $100,164.40. Following the transaction, the director owned 2,212 shares in the company, valued at approximately $667,360.40. The trade was a 13.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 3,340 shares of company stock worth $1,001,905. 1.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

WTS has been the topic of a number of analyst reports. Wall Street Zen cut Watts Water Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 28th. Robert W. Baird set a $330.00 target price on Watts Water Technologies in a research note on Friday, May 8th. KeyCorp upped their target price on Watts Water Technologies from $340.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Royal Bank Of Canada upped their target price on Watts Water Technologies from $318.00 to $323.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Finally, Weiss Ratings cut Watts Water Technologies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $329.44.

Get Our Latest Research Report on Watts Water Technologies

About Watts Water Technologies

(Free Report)

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.