Jacobs & Co. CA Sells 2,643 Shares of Watts Water Technologies, Inc. $WTS

Posted by Geri Gentry on Aug 9th, 2026

Jacobs & Co. CA decreased its position in shares of Watts Water Technologies, Inc. (NYSE:WTS – Free Report) by 21.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,600 shares of the technology company’s stock after selling 2,643 shares during the period. Jacobs & Co. CA’s holdings in Watts Water Technologies were worth $3,757,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of Watts Water Technologies by 11.4% in the second quarter. GAMMA Investing LLC now owns 478 shares of the technology company’s stock worth $187,000 after buying an additional 49 shares in the last quarter. Versant Capital Management Inc grew its holdings in Watts Water Technologies by 69.8% during the 2nd quarter. Versant Capital Management Inc now owns 674 shares of the technology company’s stock valued at $264,000 after buying an additional 277 shares in the last quarter. Pacer Advisors Inc. grew its holdings in Watts Water Technologies by 14.4% during the 1st quarter. Pacer Advisors Inc. now owns 9,355 shares of the technology company’s stock valued at $2,716,000 after buying an additional 1,181 shares in the last quarter. Empowered Funds LLC increased its stake in Watts Water Technologies by 1,808.0% in the 1st quarter. Empowered Funds LLC now owns 27,876 shares of the technology company’s stock worth $8,092,000 after acquiring an additional 26,415 shares during the last quarter. Finally, Groupama Asset Managment increased its stake in Watts Water Technologies by 7.7% in the 1st quarter. Groupama Asset Managment now owns 82,602 shares of the technology company’s stock worth $23,979,000 after acquiring an additional 5,928 shares during the last quarter. 95.02% of the stock is owned by institutional investors.

Insider Activity

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WTS shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $374.00 target price on shares of Watts Water Technologies in a research report on Friday. TD Cowen boosted their price target on shares of Watts Water Technologies from $275.00 to $320.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $358.00 price target on shares of Watts Water Technologies in a research note on Friday, May 8th. Barclays increased their price objective on shares of Watts Water Technologies from $414.00 to $425.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Stifel Nicolaus boosted their target price on shares of Watts Water Technologies from $379.00 to $403.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $367.70.

Get Our Latest Report on Watts Water Technologies

Watts Water Technologies Stock Up 4.2%

NYSE WTS opened at $392.90 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.66 and a debt-to-equity ratio of 0.05. Watts Water Technologies, Inc. has a 52 week low of $260.00 and a 52 week high of $394.54. The firm has a market capitalization of $13.12 billion, a price-to-earnings ratio of 34.31, a PEG ratio of 3.39 and a beta of 1.15. The company has a fifty day moving average of $346.18 and a two-hundred day moving average of $319.31.

Watts Water Technologies (NYSE:WTS – Get Free Report) last announced its earnings results on Wednesday, August 5th. The technology company reported $3.66 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.32. The business had revenue of $763.10 million for the quarter, compared to the consensus estimate of $725.99 million. Watts Water Technologies had a net margin of 14.34% and a return on equity of 19.16%. The business’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.09 earnings per share. On average, analysts predict that Watts Water Technologies, Inc. will post 12.37 earnings per share for the current year.

Watts Water Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Watts Water Technologies’s dividend payout ratio is 22.01%.

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.