E. Ohman J or Asset Management AB Raises Holdings in Watts Water Technologies, Inc. $WTS

Posted by Geri Gentry on Jun 21st, 2026

E. Ohman J or Asset Management AB raised its position in Watts Water Technologies, Inc. (NYSE:WTS – Free Report) by 414.8% during the first quarter, HoldingsChannel.com reports. The firm owned 64,549 shares of the technology company’s stock after buying an additional 52,010 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Watts Water Technologies were worth $18,738,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wexford Capital LP purchased a new position in Watts Water Technologies in the third quarter valued at approximately $26,000. Acumen Wealth Advisors LLC purchased a new position in Watts Water Technologies in the fourth quarter valued at about $28,000. Clearstead Advisors LLC raised its position in Watts Water Technologies by 69.4% in the fourth quarter. Clearstead Advisors LLC now owns 105 shares of the technology company’s stock valued at $29,000 after purchasing an additional 43 shares during the period. Advisory Services Network LLC acquired a new position in shares of Watts Water Technologies during the third quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Watts Water Technologies during the fourth quarter worth about $29,000. 95.02% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings downgraded Watts Water Technologies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Zacks Research lowered Watts Water Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Wall Street Zen lowered Watts Water Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 28th. Stifel Nicolaus set a $379.00 price objective on shares of Watts Water Technologies in a research report on Friday, May 8th. Finally, Royal Bank Of Canada raised 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. Four research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $329.44.

Check Out Our Latest Analysis on Watts Water Technologies

Watts Water Technologies Stock Performance

Shares of WTS opened at $344.78 on Friday. The stock has a market capitalization of $11.51 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 3.05 and a beta of 1.19. The business’s fifty day moving average price is $308.19 and its 200 day moving average price is $301.02. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.72 and a quick ratio of 1.62. Watts Water Technologies, Inc. has a 12-month low of $238.58 and a 12-month high of $348.09.

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

Watts Water Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.63 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.52 dividend on an annualized basis and a yield of 0.7%. Watts Water Technologies’s dividend payout ratio (DPR) is currently 23.06%.

Insider Transactions at Watts Water Technologies

In other Watts Water Technologies news, Director Michael J. Dubose sold 398 shares of Watts Water Technologies stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $309.63, for a total value of $123,232.74. Following the completion of the transaction, the director directly owned 1,814 shares in the company, valued at $561,668.82. The trade was a 17.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Elie Melhem sold 2,257 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $301.00, for a total value of $679,357.00. Following the transaction, the insider directly owned 8,963 shares of the company’s stock, valued at $2,697,863. This trade represents a 20.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.00% of the company’s stock.

Watts Water Technologies Company Profile

(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.