$WTS

Xylem (NYSE:XYL) and four other water infrastructure stocks reported Q3 earnings. Xylem missed revenue estimates by 3.5% with a 3% YoY decline, while Watts Water (NYSE:WTS) beat estimates by 5.2% with 19% YoY growth. The sector saw a 6.2% revenue miss overall and a 2.6% average stock decline post-earnings. Xylem's stock fell 9.6%, while Watts Water traded sideways, and Mueller Water (NYSE:MWA) rose 1.4%.

Stifel reduced its price target for Watts Water Technologies (NYSE:WTS) to $430 from $445, citing strong quarterly results driven by data center growth and pricing power. The company reported adjusted earnings of $3.40 per share, beating estimates, with revenue at $728 million. Despite soft market conditions, Watts Water maintained pricing power and saw organic sales growth of 12%.

Watts Water Technologies (WTS) reported Q3 sales growth of 54%, with organic sales up 30%. Adjusted EBITDA rose 32% to $169M. The company raised its 2026 organic sales growth forecast to 11-12% and expects data centers to be a significant growth driver. Management noted softer North American construction markets but plans a 2% price increase in 2027.

Analysts issued mixed ratings for industrial goods companies. Robert W. Baird downgraded Helios Technologies (HLIO) to Hold with a $65 target. Barclays maintained Buy ratings on Advanced Drainage Systems (WMS) with a $183 target and Watts Water Technologies (WTS) with a $424 target. Consensus ratings and targets vary for each company.

RBC Capital kept its Sector Perform rating on Watts Water Technologies but reduced its price target to $397 from $417, a 4.8% decrease. The new target suggests a 14.3% upside from the Nov 5 closing price of $347.46, according to the firm.

Barclays kept its Overweight rating on Watts Water Technologies but reduced its price target to $424 from $425, a 0.2% decrease. This implies a 22.0% upside from the Nov 5 close of $347.46.

Watts Water Technologies (WTS) raised its guidance, projecting $3.2b revenue and $537.4m earnings by 2029, with 6.6% yearly growth. Analysts' views vary, with some suggesting a 14% upside and others cautioning on geopolitical risks. The company's fair value estimates range from $360 to higher targets.

Watts Water Technologies (WTS) reported Q3 2026 sales of $728M, up 19% YoY. The company raised its 2026 outlook, expecting 17-18% reported sales growth and 21.6-21.7% operating margin. The update includes 12% organic growth and benefits from tariff refunds, though future results will confirm the outlook.

Watts Water Technologies (WTS) announced a quarterly dividend of $0.63 per share, payable on December 15, 2026, to shareholders of record on December 1, 2026. The company is a global manufacturer of plumbing, heating, and water quality products.

Stifel reduced its price target for Watts Water Technologies (NYSE:WTS) to $445 from $447, maintaining a Buy rating. The stock fell 10% in Q3 2026 but is up 30% YTD. Stifel cites rate outlook concerns but expects data center growth. WTS reported Q2 2026 EPS of $3.66, beating estimates, with revenue of $763M. The company raised its full-year sales and margin outlook.