Zurn Elkay Water Solutions Cor (NYSE:ZWS) Shares Gap Down – Time to Sell?

Posted by Stanley Muller on Oct 28th, 2026

Zurn Elkay Water Solutions Cor (NYSE:ZWS – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $49.15, but opened at $46.16. Zurn Elkay Water Solutions Cor shares last traded at $45.0120, with a volume of 77,729 shares trading hands.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $55.00 price target on shares of Zurn Elkay Water Solutions Cor in a report on Wednesday, July 29th. Zacks Research downgraded Zurn Elkay Water Solutions Cor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Zurn Elkay Water Solutions Cor in a report on Thursday, October 22nd. Robert W. Baird set a $58.00 price objective on Zurn Elkay Water Solutions Cor in a research report on Thursday, July 30th. Finally, Stifel Nicolaus upped their target price on Zurn Elkay Water Solutions Cor from $56.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Zurn Elkay Water Solutions Cor presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.00.

Get Our Latest Research Report on Zurn Elkay Water Solutions Cor

Zurn Elkay Water Solutions Cor Stock Performance

The stock has a market capitalization of $7.30 billion, a PE ratio of 27.25 and a beta of 1.07. The stock’s 50 day moving average is $47.40 and its two-hundred day moving average is $48.29.

Zurn Elkay Water Solutions Cor (NYSE:ZWS – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. The firm had revenue of $495.10 million for the quarter, compared to analysts’ expectations of $493.36 million. Zurn Elkay Water Solutions Cor’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 earnings per share. Equities research analysts expect that Zurn Elkay Water Solutions Cor will post 1.83 EPS for the current fiscal year.

Zurn Elkay Water Solutions Cor Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 7th. Shareholders of record on Friday, November 20th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, November 20th. This is an increase from Zurn Elkay Water Solutions Cor’s previous quarterly dividend of $0.11. Zurn Elkay Water Solutions Cor’s payout ratio is 32.10%.

Insider Transactions at Zurn Elkay Water Solutions Cor

In related news, Director Jacques Butler acquired 2,016 shares of Zurn Elkay Water Solutions Cor stock in a transaction that occurred on Wednesday, August 19th. The shares were purchased at an average price of $49.60 per share, for a total transaction of $99,993.60. Following the completion of the transaction, the director owned 37,487 shares in the company, valued at $1,859,355.20. This represents a 5.68% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.40% of the stock is currently owned by company insiders.

Institutional Trading of Zurn Elkay Water Solutions Cor

Several large investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP raised its holdings in Zurn Elkay Water Solutions Cor by 114.0% during the second quarter. Engineers Gate Manager LP now owns 56,915 shares of the company’s stock worth $2,876,000 after purchasing an additional 30,320 shares during the last quarter. Amundi grew its stake in Zurn Elkay Water Solutions Cor by 15.7% in the 2nd quarter. Amundi now owns 1,045,504 shares of the company’s stock worth $52,829,000 after acquiring an additional 141,916 shares during the period. Deutsche Bank AG purchased a new position in shares of Zurn Elkay Water Solutions Cor during the 2nd quarter worth $8,205,000. SG Americas Securities LLC boosted its holdings in shares of Zurn Elkay Water Solutions Cor by 53.5% during the first quarter. SG Americas Securities LLC now owns 45,125 shares of the company’s stock worth $2,023,000 after purchasing an additional 15,735 shares during the last quarter. Finally, Perpetual Ltd grew its position in shares of Zurn Elkay Water Solutions Cor by 22.1% in the third quarter. Perpetual Ltd now owns 338,944 shares of the company’s stock valued at $15,751,000 after purchasing an additional 61,277 shares during the period. 83.33% of the stock is currently owned by hedge funds and other institutional investors.

About Zurn Elkay Water Solutions Cor

(Get Free Report)

Zurn Elkay Water Solutions Corporation (NYSE: ZWS) is a manufacturer of products and systems used to manage, conserve and protect water in commercial, institutional, industrial and residential buildings. The company provides plumbing and water-management solutions designed to support water distribution, drainage, safety, hygiene and efficiency.

Its product portfolio includes commercial faucets, flush valves, fixtures, drains, plumbing specialties, backflow-prevention devices, water coolers, bottle-filling stations, water filtration systems and related accessories.