Louisiana State Employees Retirement System Buys New Stake in Zurn Elkay Water Solutions Cor $ZWS

Posted by Francis Steltz on Jun 29th, 2026

Louisiana State Employees Retirement System bought a new stake in Zurn Elkay Water Solutions Cor (NYSE:ZWS – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor bought 65,800 shares of the company’s stock, valued at approximately $2,950,000.

Other large investors also recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new stake in shares of Zurn Elkay Water Solutions Cor in the third quarter valued at $25,000. V Square Quantitative Management LLC purchased a new position in Zurn Elkay Water Solutions Cor during the 4th quarter valued at about $26,000. Kemnay Advisory Services Inc. purchased a new position in Zurn Elkay Water Solutions Cor during the 4th quarter valued at about $35,000. Hantz Financial Services Inc. grew its position in Zurn Elkay Water Solutions Cor by 138.9% in the 4th quarter. Hantz Financial Services Inc. now owns 805 shares of the company’s stock valued at $37,000 after acquiring an additional 468 shares in the last quarter. Finally, Allworth Financial LP grew its position in Zurn Elkay Water Solutions Cor by 507.5% in the 3rd quarter. Allworth Financial LP now owns 978 shares of the company’s stock valued at $46,000 after acquiring an additional 817 shares in the last quarter. 83.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Royal Bank Of Canada increased their price target on shares of Zurn Elkay Water Solutions Cor from $49.00 to $56.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 23rd. Oppenheimer restated an “outperform” rating and issued a $58.00 price objective on shares of Zurn Elkay Water Solutions Cor in a report on Thursday, April 23rd. Robert W. Baird cut 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 research note on Thursday, April 23rd. Weiss Ratings raised shares of Zurn Elkay Water Solutions Cor from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. Finally, Stifel Nicolaus boosted their price target on shares of Zurn Elkay Water Solutions Cor from $53.00 to $59.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Zurn Elkay Water Solutions Cor presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.88.

Check Out Our Latest Report on ZWS

Zurn Elkay Water Solutions Cor Stock Performance

Shares of Zurn Elkay Water Solutions Cor stock opened at $50.90 on Monday. Zurn Elkay Water Solutions Cor has a one year low of $35.73 and a one year high of $53.76. The company has a market cap of $8.49 billion, a PE ratio of 41.05, a P/E/G ratio of 2.01 and a beta of 1.06. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.11 and a current ratio of 3.24. The business has a 50-day simple moving average of $49.15 and a 200-day simple moving average of $48.15.

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

Zurn Elkay Water Solutions Cor Announces Dividend

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

Zurn Elkay Water Solutions Cor 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.