Watts Water Technologies stock dips today after earnings surge as WTS outlook comes into focus
Watts Water Technologies shares fell 1% to $332.76 in early New York trade Friday, after jumping 6% Thursday on strong quarterly results. Fourth-quarter sales rose 16% to $625 million, with adjusted earnings up 28% to $2.62 per share. The company forecast 2026 reported sales growth of 8% to 12%. KeyBanc raised its price target to $360.