Todd Adams Sells 275,050 Shares of Zurn Elkay Water Solutions Cor (NYSE:ZWS) Stock

Zurn Elkay Water Solutions Cor (NYSE:ZWS) CEO Todd Adams sold 275,050 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $51.78, for a total transaction of $14,242,089.00. Following the completion of the transaction, the chief executive officer owned 2,256,684 shares in the company, valued at approximately $116,851,097.52. This trade represents a 10.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Zurn Elkay Water Solutions Cor Stock Performance

Shares of ZWS stock opened at $51.55 on Thursday. The business’s 50 day moving average is $47.51 and its two-hundred day moving average is $46.61. Zurn Elkay Water Solutions Cor has a 12-month low of $27.74 and a 12-month high of $53.17. The company has a market capitalization of $8.60 billion, a P/E ratio of 44.83, a P/E/G ratio of 2.14 and a beta of 1.08. The company has a current ratio of 3.13, a quick ratio of 2.07 and a debt-to-equity ratio of 0.31.

Zurn Elkay Water Solutions Cor (NYSE:ZWS) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.36 earnings per share (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 net margin of 11.68% and a return on equity of 16.54%. Zurn Elkay Water Solutions Cor’s revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.32 EPS. Analysts expect that Zurn Elkay Water Solutions Cor will post 1.36 EPS for the current fiscal year.

Zurn Elkay Water Solutions Cor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 20th will be given 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 (DPR) is 38.26%.

Institutional Investors Weigh In On Zurn Elkay Water Solutions Cor

Several institutional investors have recently modified their holdings of ZWS. Alliancebernstein L.P. grew its holdings in shares of Zurn Elkay Water Solutions Cor by 1,714.8% in the 3rd quarter. Alliancebernstein L.P. now owns 3,369,731 shares of the company’s stock valued at $158,478,000 after buying an additional 3,184,048 shares during the period. Norges Bank acquired a new stake in shares of Zurn Elkay Water Solutions Cor during the fourth quarter worth $111,341,000. Impax Asset Management Group plc raised its stake in shares of Zurn Elkay Water Solutions Cor by 22.8% in 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 purchasing an additional 916,850 shares during the period. Goldman Sachs Group Inc. boosted its position in Zurn Elkay Water Solutions Cor by 78.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 906,884 shares of the company’s stock worth $42,161,000 after acquiring an additional 399,180 shares during the last quarter. Finally, MAI Capital Management increased its position in shares of Zurn Elkay Water Solutions Cor by 120,771.6% in the third quarter. MAI Capital Management now owns 293,718 shares of the company’s stock valued at $13,814,000 after acquiring an additional 293,475 shares during the last quarter. Institutional investors and hedge funds own 83.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ZWS shares. Royal Bank Of Canada lifted their target price on shares of Zurn Elkay Water Solutions Cor from $49.00 to $55.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 5th. Zacks Research lowered Zurn Elkay Water Solutions Cor from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Zurn Elkay Water Solutions Cor in a research note on Monday, December 29th. Stifel Nicolaus set a $59.00 target price on shares of Zurn Elkay Water Solutions Cor in a research report on Thursday, February 5th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $50.00 price target on shares of Zurn Elkay Water Solutions Cor in a research report on Thursday, February 5th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Zurn Elkay Water Solutions Cor has a consensus rating of “Hold” and an average price target of $51.63.

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.