Zurn Elkay Water Solutions Cor (NYSE:ZWS) Stock Gets Price Target Reduction from Royal Bank Of Canada

Posted by George Bondi on Oct 17th, 2026

Zurn Elkay Water Solutions Cor (NYSE:ZWS – Free Report) had its price objective decreased by Royal Bank Of Canada from $58.00 to $54.00 in a research note released on Wednesday,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

A number of other research firms have also commented on ZWS. Zacks Research upgraded shares of Zurn Elkay Water Solutions Cor from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. Barclays increased their price target on shares of Zurn Elkay Water Solutions Cor from $59.00 to $61.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Stifel Nicolaus raised their price target on shares of Zurn Elkay Water Solutions Cor from $56.00 to $62.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. The Goldman Sachs Group restated a “neutral” rating and issued a $55.00 price objective on shares of Zurn Elkay Water Solutions Cor in a research report on Wednesday, July 29th. Finally, Oppenheimer boosted their price objective on shares of Zurn Elkay Water Solutions Cor from $58.00 to $60.00 and gave the company an “outperform” rating in a research report on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Zurn Elkay Water Solutions Cor currently has an average rating of “Moderate Buy” and a consensus target price of $57.00.

View Our Latest Report on Zurn Elkay Water Solutions Cor

Zurn Elkay Water Solutions Cor Price Performance

Shares of Zurn Elkay Water Solutions Cor stock opened at $46.97 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.05 and a quick ratio of 2.13. Zurn Elkay Water Solutions Cor has a one year low of $43.06 and a one year high of $55.00. The business’s 50 day simple moving average is $47.69 and its two-hundred day simple moving average is $48.39. The stock has a market capitalization of $7.79 billion, a P/E ratio of 27.55, a price-to-earnings-growth ratio of 1.71 and a beta of 1.07.

Zurn Elkay Water Solutions Cor (NYSE:ZWS – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. Zurn Elkay Water Solutions Cor had a return on equity of 18.01% and a net margin of 15.45%. The firm had revenue of $491.00 million during the quarter, compared to analyst estimates of $483.04 million. During the same quarter in the prior year, the firm posted $0.42 earnings per share. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Analysts forecast that Zurn Elkay Water Solutions Cor will post 1.83 EPS for the current year.

Zurn Elkay Water Solutions Cor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Thursday, August 20th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.44 annualized dividend and a dividend yield of 0.9%. Zurn Elkay Water Solutions Cor’s payout ratio is 27.16%.

Insider Activity

In other Zurn Elkay Water Solutions Cor news, Director Jacques Butler bought 2,016 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was bought at an average price of $49.60 per share, for a total transaction of $99,993.60. Following the completion of the acquisition, the director directly owned 37,487 shares in the company, valued at $1,859,355.20. The trade was a 5.68% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 2.40% of the company’s stock.

Institutional Trading of Zurn Elkay Water Solutions Cor

Several large investors have recently added to or reduced their stakes in the stock. Kilter Group LLC purchased a new position in Zurn Elkay Water Solutions Cor during the 2nd quarter valued at $25,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Zurn Elkay Water Solutions Cor in the 2nd quarter worth about $27,000. Assetmark Inc. lifted its position in shares of Zurn Elkay Water Solutions Cor by 53.0% in the 1st quarter. Assetmark Inc. now owns 843 shares of the company’s stock worth $38,000 after purchasing an additional 292 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Zurn Elkay Water Solutions Cor in the 2nd quarter worth about $49,000. Finally, Vega Investment Solutions bought a new stake in shares of Zurn Elkay Water Solutions Cor during the 2nd quarter valued at about $51,000. Institutional investors own 83.33% of the company’s stock.

Zurn Elkay Water Solutions Cor Company Profile

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Zurn Elkay Water Solutions Corporation (NYSE: ZWS) is a water management and plumbing products company serving commercial, institutional, industrial and residential markets. Its products are designed to support the collection, control, conservation, treatment and delivery of water in buildings and other infrastructure.

The company offers plumbing and drainage products, including drains, fixtures, faucets, flush valves, backflow prevention devices, water control systems and related accessories.