WTS

Watts Water Technologies, Inc. ( WTS ) Q3 2026 Earnings Call November 5, 2026 9:00 AM EST Company Participants Ray Nash - Vice President of FP&A and Investor Relations Robert Pagano - Chairman, President & CEO Diane McClintock - Chief Financial Officer Conference Call Participants Jeffrey Hammond - KeyBanc Capital Markets Inc., Research Division Michael Halloran - Robert W. Baird & Co. Incorporated, Research Division Nathan Jones - Stifel, Nicolaus & Company, Incorporated, Research Division Jae Hyun Ko - Jefferies LLC, Research Division William Grippin - Barclays Bank PLC, Research Division Brian Lee - Goldman Sachs Group, Inc., Research Division Jeffrey Reive - RBC Capital Markets, Research Division Walter Liptak - Seaport Research Partners Presentation Operator Welcome to Watts Water Technologies, Inc. Third Quarter 2026 Earnings Call.

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES REPORTS RECORD THIRD QUARTER 2026 RESULTS.

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. Declares Quarterly Dividend.

Industrial component manufacturer Illinois Tool Works NYSE: ITW has faced a difficult October, with analysts at multiple firms lowering price targets or downgrading ratings. However, the reasoning behind the massive $80 price target reduction from analysts at JPMorgan Chase NYSE: JPM was less about the strength of the business overall and more about its place in the broader sector—and in the overall health of industrials names heading to the end of the year.

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER ANNOUNCES THIRD QUARTER 2026 EARNINGS RELEASE AND CONFERENCE CALL.

U.S. manufacturing stays on track, with lean inventories and solid production supporting Caterpillar, Kubota, Nordson and two other industrial stocks.

Watts Water (WTS) reported earnings 30 days ago. What's next for the stock?

Watts Water Technologies delivered record Q2 2026 results, with revenue up 19% YoY and strong organic growth across all segments. Management raised FY26 guidance, projecting total revenue growth of 14–17% and organic growth of 8–11%, driven by robust data center demand. Despite operational strength, WTS trades at a 24% premium to fair value, with a future CAGR estimate of 9.16%, just below the ideal threshold.

I upgrade Watts Water Technologies to buy, driven by surging data center sales, European recovery, and raised FY2026 guidance. Data center revenues tripled year-over-year, now representing 8% of FY2026 sales, with management projecting continued rapid growth. WTS's European segment returned to organic growth, with margin expansion and limited disruption from product rationalization efforts.

Does Watts Water (WTS) have what it takes to be a top stock pick for momentum investors? Let's find out.