Cumberland Partners Ltd Sells 6,500 Shares of Watts Water Technologies, Inc. $WTS

Posted by Brian Himes on Jul 25th, 2026

Cumberland Partners Ltd trimmed its position in shares of Watts Water Technologies, Inc. (NYSE:WTS – Free Report) by 50.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 6,500 shares of the technology company’s stock after selling 6,500 shares during the quarter. Cumberland Partners Ltd’s holdings in Watts Water Technologies were worth $1,887,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Boston Partners grew its holdings in shares of Watts Water Technologies by 2.2% in the third quarter. Boston Partners now owns 907,336 shares of the technology company’s stock worth $253,211,000 after acquiring an additional 19,247 shares during the period. Geode Capital Management LLC lifted its holdings in Watts Water Technologies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 832,148 shares of the technology company’s stock valued at $229,721,000 after acquiring an additional 25,501 shares during the period. First Trust Advisors LP lifted its holdings in Watts Water Technologies by 6.7% in the first quarter. First Trust Advisors LP now owns 545,404 shares of the technology company’s stock valued at $158,325,000 after acquiring an additional 34,381 shares during the period. Dimensional Fund Advisors LP boosted its position in Watts Water Technologies by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 522,624 shares of the technology company’s stock worth $144,261,000 after purchasing an additional 1,418 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Watts Water Technologies by 34.4% during the 3rd quarter. Invesco Ltd. now owns 469,508 shares of the technology company’s stock valued at $131,124,000 after purchasing an additional 120,090 shares during the period. 95.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on WTS shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $358.00 price target on shares of Watts Water Technologies in a research report on Friday, May 8th. Robert W. Baird set a $330.00 target price on shares of Watts Water Technologies in a research report on Friday, May 8th. Stifel Nicolaus upped their target price on shares of Watts Water Technologies from $379.00 to $403.00 and gave the company a “buy” rating in a report on Monday. KeyCorp lifted their price target on shares of Watts Water Technologies from $360.00 to $380.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Finally, TD Cowen boosted their price objective on shares of Watts Water Technologies from $275.00 to $320.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $345.30.

Get Our Latest Stock Analysis on WTS

Watts Water Technologies Trading Up 0.3%

Shares of NYSE:WTS opened at $344.62 on Friday. The stock has a 50 day moving average of $335.93 and a 200 day moving average of $314.57. The company has a market cap of $11.51 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 2.97 and a beta of 1.14. The company has a current ratio of 2.72, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Watts Water Technologies, Inc. has a 12-month low of $250.63 and a 12-month high of $394.54.

Watts Water Technologies (NYSE:WTS – Get Free Report) last released its earnings results on Wednesday, May 6th. The technology company reported $3.04 EPS 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 quarter last year, the business earned $2.37 EPS. The firm’s revenue was up 21.4% compared to the same quarter last year. As a group, equities research analysts expect that Watts Water Technologies, Inc. will post 12.23 EPS for the current year.

Watts Water Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid 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 dividend yield of 0.7%. Watts Water Technologies’s dividend payout ratio is 23.06%.

Insider Buying and Selling at Watts Water Technologies

In related news, Director Michael J. Dubose sold 398 shares of Watts Water Technologies stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $309.63, for a total transaction of $123,232.74. Following the transaction, the director owned 1,814 shares in the company, valued at approximately $561,668.82. The trade was a 17.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elie Melhem sold 2,257 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $301.00, for a total transaction of $679,357.00. Following the completion of the transaction, the insider directly owned 8,963 shares of the company’s stock, valued at $2,697,863. This represents a 20.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is owned by company insiders.

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.