Todd Adams Sells 263,347 Shares of Zurn Elkay Water Solutions Cor (NYSE:ZWS) Stock

Zurn Elkay Water Solutions Cor (NYSE:ZWS) CEO Todd Adams sold 263,347 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $52.68, for a total transaction of $13,873,119.96. Following the completion of the sale, the chief executive officer directly owned 2,531,734 shares in the company, valued at approximately $133,371,747.12. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Zurn Elkay Water Solutions Cor Stock Performance

NYSE ZWS opened at $51.55 on Thursday. The company’s 50 day simple moving average is $47.51 and its two-hundred day simple moving average is $46.61. Zurn Elkay Water Solutions Cor has a 1 year low of $27.74 and a 1 year high of $53.17. The stock has a market capitalization of $8.60 billion, a PE ratio of 44.83, a P/E/G ratio of 2.14 and a beta of 1.08. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.13 and a quick ratio of 2.07.

Zurn Elkay Water Solutions Cor (NYSE:ZWS) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.34 by $0.02. The firm had revenue of $407.20 million for the quarter, compared to analyst estimates of $400.75 million. Zurn Elkay Water Solutions Cor had a return on equity of 16.54% and a net margin of 11.68%.The company’s revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.32 EPS. Analysts predict that Zurn Elkay Water Solutions Cor will post 1.36 earnings per share for the current fiscal year.

Zurn Elkay Water Solutions Cor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Friday, February 20th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, February 20th. Zurn Elkay Water Solutions Cor’s dividend payout ratio is 38.26%.

Analyst Ratings Changes

ZWS has been the topic of a number of research reports. Royal Bank Of Canada raised their price target on Zurn Elkay Water Solutions Cor from $49.00 to $55.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 5th. Zacks Research lowered shares of Zurn Elkay Water Solutions Cor from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Robert W. Baird set a $56.00 target price on shares of Zurn Elkay Water Solutions Cor in a report on Thursday, February 5th. The Goldman Sachs Group reiterated a “neutral” rating and set a $50.00 price target on shares of Zurn Elkay Water Solutions Cor in a research note on Thursday, February 5th. Finally, Oppenheimer boosted their price objective on shares of Zurn Elkay Water Solutions Cor from $53.00 to $57.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $51.63.

Hedge Funds Weigh In On Zurn Elkay Water Solutions Cor

A number of large investors have recently added to or reduced their stakes in ZWS. Invesco Ltd. raised its stake in shares of Zurn Elkay Water Solutions Cor by 3.5% in the third quarter. Invesco Ltd. now owns 5,944,518 shares of the company’s stock worth $279,571,000 after purchasing an additional 201,299 shares during the last quarter. State Street Corp raised its position in Zurn Elkay Water Solutions Cor by 0.6% during the 2nd quarter. State Street Corp now owns 5,381,619 shares of the company’s stock worth $196,806,000 after buying an additional 30,483 shares during the last quarter. Impax Asset Management Group plc lifted its stake in Zurn Elkay Water Solutions Cor by 22.8% during the 2nd quarter. Impax Asset Management Group plc now owns 4,933,224 shares of the company’s stock valued at $180,408,000 after acquiring an additional 916,850 shares during the period. Beck Mack & Oliver LLC increased its stake in shares of Zurn Elkay Water Solutions Cor by 3.7% in the second quarter. Beck Mack & Oliver LLC now owns 3,706,347 shares of the company’s stock worth $135,541,000 after acquiring an additional 133,478 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Zurn Elkay Water Solutions Cor by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 3,542,464 shares of the company’s stock worth $164,716,000 after purchasing an additional 15,232 shares during the last quarter. 83.33% of the stock is currently owned by institutional investors.

Zurn Elkay Water Solutions Cor News Roundup

Here are the key news stories impacting Zurn Elkay Water Solutions Cor this week:

• Positive Sentiment: Q4 beat: ZWS reported $0.36 EPS vs. $0.34 expected and revenue of $407.2M (up 9.8% YoY), showing continued top-line growth and healthy margins. Read More.
• Positive Sentiment: Dividend declared: quarterly dividend of $0.11 (ex-div Feb 20, pay Mar 6), ~0.9% yield — adds modest income component for holders. Read More.
• Positive Sentiment: Analyst coverage: several firms have set price targets in the mid-to-high $50s and a mix of Buy/Hold ratings, keeping institutional interest visible. Read More.
• Neutral Sentiment: Balance-sheet and ownership profile: low leverage (debt/equity ≈0.31), strong liquidity (current ratio ≈3.13) and high institutional ownership (~83%), which can limit downside from fundamentals. Read More.
• Negative Sentiment: Large insider selling: CEO Todd A. Adams sold 275,050 shares (Feb 10) and 263,347 shares (Feb 9) at ~ $51.78–$52.68, while CFO David Pauli and VP Jeffrey Lavalle also sold smaller stakes. Total insider proceeds reported are roughly $28.8M across the disclosures; insiders reduced positions by ~9–11% but still retain large holdings. This sizable, concentrated selling is the likely catalyst for the intra‑day weakness. Read More. Read More.

About Zurn Elkay Water Solutions Cor

Zurn Elkay Water Solutions Corp, trading on the NYSE under the ticker ZWS, is a global provider of water delivery and plumbing products. The company was established in October 2022 through a spin-off from Rexnord Corp, creating a standalone business focused on designing, manufacturing and marketing water system components for residential, commercial and industrial customers.

Through its Zurn segment, the company offers solutions for water delivery, drainage and waste evacuation. Product lines include valves, hydrants, backflow prevention devices, piping systems, fittings and commercial waste stations.