Noonan Joseph T sold $1.3M of WTS (indirect holdings)

Watts Water Technologies (NYSE:WTS) raised its data center served addressable market estimate to about $2 billion from over $1 billion, citing broader global demand and liquid-cooling adoption. Q2 adjusted EBITDA rose 15% to $177 million. Watts lifted full-year organic sales growth to 8% to 11% and reported sales to 14% to 17%.

Watts Water Technologies reported revenue of $763m, 5.1% above analyst estimates, and statutory EPS of $3.53, 5.2% above expectations. Analysts’ 2026 consensus forecasts rose to $2.83b revenue and $12.65 EPS. The consensus price target increased 9.7% to $393, with targets ranging $320 to $447.

Watts Water Technologies (WTS) shares rose about 4% to around $392 after Q2 results. The company reported Q2 revenue of $763.2m (+18.6% YoY) and basic EPS of $3.53 (+17.2%). Watts cited record margins and raised full-year margin guidance; data center solutions more than tripled YoY and were about 8% of YTD revenue.

Simply Wall St reports Watts Water Technologies (WTS) posted Q2 2026 results that beat expectations, raised full-year guidance, updated investors on share repurchases, and affirmed its quarterly dividend. The stock closed at $377.12. The article cites a fair value estimate of $358.33 and notes execution risks including slower Nexa adoption and European softness.

Watts Water Technologies shares rose about 3.1% mid-day after reporting Q2 2026 results. Adjusted EPS was $3.66 versus $3.32 expected, and revenue was $763 million versus about $724 million expected. The company cited strong data center growth and raised its full-year outlook; KeyBanc reiterated Overweight and lifted its price target to $400 from $380.

Watts Water Technologies (NYSE:WTS) reported Q2 CY2026 results. Revenue rose 18.6% year over year to $763.2 million, exceeding Wall Street estimates by 4.9%, and non-GAAP adjusted EPS was $3.66, up from $3.09 and 9.7% above consensus. Analysts expect revenue growth of 4.7% and full-year EPS to rise from $11.82 to $12.50.