Legal & General Group Plc Has $36.97 Million Holdings in Zurn Elkay Water Solutions Cor $ZWS

Posted by Brenda Bartman on May 31st, 2026

Legal & General Group Plc cut its stake in shares of Zurn Elkay Water Solutions Cor (NYSE:ZWS – Free Report) by 6.2% in the 4th quarter, HoldingsChannel reports. The fund owned 795,221 shares of the company’s stock after selling 52,497 shares during the quarter. Legal & General Group Plc’s holdings in Zurn Elkay Water Solutions Cor were worth $36,970,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Invesco Ltd. lifted its position in Zurn Elkay Water Solutions Cor by 3.5% during the third quarter. Invesco Ltd. now owns 5,944,518 shares of the company’s stock worth $279,571,000 after acquiring an additional 201,299 shares during the last quarter. State Street Corp lifted its position in Zurn Elkay Water Solutions Cor by 0.6% during the second quarter. State Street Corp now owns 5,381,619 shares of the company’s stock worth $196,806,000 after acquiring an additional 30,483 shares during the last quarter. Alliancebernstein L.P. lifted its position in Zurn Elkay Water Solutions Cor by 1,714.8% during the third quarter. Alliancebernstein L.P. now owns 3,369,731 shares of the company’s stock worth $158,478,000 after acquiring an additional 3,184,048 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Zurn Elkay Water Solutions Cor by 1.3% during the third quarter. Dimensional Fund Advisors LP now owns 2,562,543 shares of the company’s stock worth $120,515,000 after acquiring an additional 32,381 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Zurn Elkay Water Solutions Cor by 3.4% during the second quarter. Ameriprise Financial Inc. now owns 1,774,432 shares of the company’s stock worth $64,891,000 after acquiring an additional 58,936 shares during the last quarter. 83.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ZWS has been the topic of several recent research reports. Robert W. Baird lowered their target price on shares of Zurn Elkay Water Solutions Cor from $56.00 to $53.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $50.00 target price on shares of Zurn Elkay Water Solutions Cor in a report on Thursday, February 5th. Royal Bank Of Canada raised their target price on shares of Zurn Elkay Water Solutions Cor from $49.00 to $56.00 and gave the stock a “sector perform” rating in a report on Thursday, April 23rd. Oppenheimer reaffirmed an “outperform” rating and set a $58.00 target price on shares of Zurn Elkay Water Solutions Cor in a report on Thursday, April 23rd. Finally, Stifel Nicolaus raised their target price on shares of Zurn Elkay Water Solutions Cor from $53.00 to $59.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $54.88.

Get Our Latest Stock Analysis on Zurn Elkay Water Solutions Cor

Zurn Elkay Water Solutions Cor Stock Performance

Shares of NYSE:ZWS opened at $47.01 on Friday. The company’s 50 day simple moving average is $48.05 and its 200 day simple moving average is $47.90. The stock has a market capitalization of $7.85 billion, a price-to-earnings ratio of 37.91, a price-to-earnings-growth ratio of 1.86 and a beta of 1.11. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.24 and a quick ratio of 2.11. Zurn Elkay Water Solutions Cor has a 1 year low of $35.06 and a 1 year high of $53.76.

Zurn Elkay Water Solutions Cor (NYSE:ZWS – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.04. The business had revenue of $433.00 million for the quarter, compared to analysts’ expectations of $418.99 million. Zurn Elkay Water Solutions Cor had a net margin of 12.26% and a return on equity of 17.40%. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm posted $0.31 earnings per share. As a group, research analysts predict that Zurn Elkay Water Solutions Cor will post 1.75 EPS for the current fiscal year.

Zurn Elkay Water Solutions Cor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Wednesday, May 20th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, May 20th. Zurn Elkay Water Solutions Cor’s dividend payout ratio (DPR) is 35.48%.

Zurn Elkay Water Solutions Cor Company Profile

(Free Report)

Zurn Elkay Water Solutions Corp, trading on the NYSE under the ticker ZWS, is a global provider of water delivery and plumbing products. The company was established in October 2022 through a spin-off from Rexnord Corp, creating a standalone business focused on designing, manufacturing and marketing water system components for residential, commercial and industrial customers.

Through its Zurn segment, the company offers solutions for water delivery, drainage and waste evacuation. Product lines include valves, hydrants, backflow prevention devices, piping systems, fittings and commercial waste stations.