89,168 Mueller Water Products $MWA Shares Acquired by Vest Financial LLC

Posted by Brenda Bartman on Oct 23rd, 2026

Vest Financial LLC grew its holdings in Mueller Water Products (NYSE:MWA – Free Report) by 42.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 299,367 shares of the industrial products company’s stock after purchasing an additional 89,168 shares during the quarter. Vest Financial LLC owned about 0.19% of Mueller Water Products worth $6,359,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Crossmark Global Holdings Inc. boosted its position in Mueller Water Products by 17.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 16,267 shares of the industrial products company’s stock valued at $346,000 after buying an additional 2,457 shares during the last quarter. Nisa Investment Advisors LLC grew its position in shares of Mueller Water Products by 18.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 6,453 shares of the industrial products company’s stock worth $137,000 after buying an additional 1,021 shares during the period. Assenagon Asset Management S.A. grew its holdings in Mueller Water Products by 37.5% during the third quarter. Assenagon Asset Management S.A. now owns 626,617 shares of the industrial products company’s stock valued at $13,309,000 after purchasing an additional 170,800 shares during the period. Perpetual Ltd increased its position in shares of Mueller Water Products by 1.5% in the 3rd quarter. Perpetual Ltd now owns 466,408 shares of the industrial products company’s stock valued at $9,907,000 after buying an additional 7,035 shares in the last quarter. Finally, Diversified Management Inc. bought a new stake in shares of Mueller Water Products in the third quarter worth about $1,753,000. 91.68% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Brian Healy bought 1,376 shares of the stock in a transaction on Wednesday, October 7th. The stock was acquired at an average price of $21.75 per share, with a total value of $29,928.00. Following the acquisition, the director directly owned 26,322 shares in the company, valued at approximately $572,503.50. This trade represents a 5.52% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christine Ortiz sold 12,048 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $24.23, for a total value of $291,923.04. Following the completion of the transaction, the director directly owned 30,824 shares of the company’s stock, valued at $746,865.52. This represents a 28.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 52,598 shares of company stock worth $1,360,685 in the last 90 days. Insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MWA shares. Barclays assumed coverage on shares of Mueller Water Products in a research report on Tuesday, June 30th. They set an “underweight” rating and a $25.00 price objective for the company. Wall Street Zen cut Mueller Water Products from a “buy” rating to a “hold” rating in a research note on Saturday, October 10th. Oppenheimer dropped their target price on shares of Mueller Water Products from $32.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, October 14th. Royal Bank Of Canada downgraded Mueller Water Products from a “sector perform” rating to an “underperform” rating and cut their price target for the company from $30.00 to $21.00 in a report on Wednesday, September 16th. Finally, Robert W. Baird set a $35.00 price objective on Mueller Water Products in a report on Friday, August 7th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $27.00.

Read Our Latest Analysis on MWA

Mueller Water Products Stock Performance

NYSE MWA opened at $22.31 on Friday. Mueller Water Products has a 1 year low of $20.90 and a 1 year high of $31.00. The firm’s 50 day simple moving average is $22.95 and its 200 day simple moving average is $25.08. The company has a current ratio of 4.64, a quick ratio of 3.08 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 15.82, a P/E/G ratio of 0.90 and a beta of 1.01.

Mueller Water Products (NYSE:MWA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The industrial products company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.11. Mueller Water Products had a return on equity of 23.55% and a net margin of 15.02%. The company had revenue of $395.90 million during the quarter, compared to analysts’ expectations of $391.49 million. During the same quarter in the previous year, the firm earned $0.34 EPS. Mueller Water Products’s revenue was up 4.1% on a year-over-year basis. As a group, research analysts expect that Mueller Water Products will post 1.52 earnings per share for the current fiscal year.

Mueller Water Products announced that its board has authorized a stock buyback program on Thursday, October 22nd that permits the company to repurchase $300.00 million in shares. This buyback authorization permits the industrial products company to reacquire up to 8.8% of its shares through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Mueller Water Products Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Monday, November 9th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, November 9th. This is a boost from Mueller Water Products’s previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.4%. Mueller Water Products’s payout ratio is presently 19.86%.

Mueller Water Products Profile

(Free Report)

Mueller Water Products, Inc (NYSE:MWA) manufactures products and provides services used in the treatment, transmission, distribution, and measurement of water. Its customers include municipalities, water utilities, distributors, contractors, and industrial organizations.

The company’s product portfolio includes water valves, fire hydrants, pipe fittings, repair and connection products, and related infrastructure equipment. Through its Echologics business, Mueller also provides acoustic leak-detection technologies and other solutions designed to help utilities monitor and manage water distribution systems.

Mueller Water Products traces its history to Mueller Co, which was founded in 1857.