<div id="readability-page-1"><p>Watts Water Technologies, Inc. (NYSE:WTS - Get Free Report) CAO Virginia Halloran sold 605 shares of Watts Water Technologies stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $276.78, for a total transaction of $167,451.90. Following the sale, the chief accounting officer owned 13,412 shares in the company, valued at approximately $3,712,173.36. This represents a 4.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink.</p><h2>Watts Water Technologies Trading Up 0.7%</h2><p>Shares of NYSE WTS opened at $281.25 on Thursday. The stock has a market cap of $9.38 billion, a P/E ratio of 28.92, a price-to-earnings-growth ratio of 2.97 and a beta of 1.23. The firm has a 50 day moving average price of $274.23 and a two-hundred day moving average price of $267.04. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.84 and a current ratio of 2.83. Watts Water Technologies, Inc. has a 52-week low of $177.59 and a 52-week high of $287.89. </p><p>Watts Water Technologies (NYSE:WTS - Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The technology company reported $2.50 earnings per share for the quarter, beating analysts' consensus estimates of $2.29 by $0.21. Watts Water Technologies had a return on equity of 18.31% and a net margin of 13.79%.The business had revenue of $611.70 million during the quarter, compared to the consensus estimate of $576.20 million. During the same period in the prior year, the business posted $2.03 earnings per share. Watts Water Technologies's quarterly revenue was up 12.5% on a year-over-year basis.  As a group, equities analysts forecast that  Watts Water Technologies, Inc. will post 9.08 EPS for the current year. </p><h2>Watts Water Technologies Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were given a $0.52 dividend. The ex-dividend date was Monday, December 1st. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.7%. Watts Water Technologies's payout ratio is 21.47%. </p><h2>Wall Street Analyst Weigh In</h2><p>WTS has been the subject of several research analyst reports. Wall Street Zen lowered Watts Water Technologies from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, December 13th. Barclays boosted their price target on Watts Water Technologies from $287.00 to $300.00 and gave the company an &#34;equal weight&#34; rating in a research note on Friday, November 7th. Jefferies Financial Group started coverage on shares of Watts Water Technologies in a research note on Friday, December 12th. They issued a &#34;hold&#34; rating and a $300.00 price objective for the company. Weiss Ratings  reissued a &#34;buy (b+)&#34; rating on shares of Watts Water Technologies in a research note on Monday. Finally, Zacks Research downgraded shares of Watts Water Technologies from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Monday, October 20th. Two investment analysts have rated the stock with a Buy rating and six have assigned  a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Hold&#34; and an average price target of $279.25.</p><p><b>Read Our Latest Analysis on Watts Water Technologies</b></p><h2>Institutional Trading of Watts Water Technologies</h2><p>Hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. grew its position in shares of  Watts Water Technologies by 4.8% in the first quarter. American Century Companies Inc. now owns 31,552 shares of the technology company's stock valued at $6,434,000 after purchasing an additional 1,441 shares in the last quarter.  Raymond James Financial Inc. increased its position in shares of  Watts Water Technologies by 8.8% during the first quarter. Raymond James Financial Inc. now owns 123,283 shares of the technology company's stock valued at $25,140,000 after buying an additional 9,935 shares during the period.  Versor Investments LP purchased a new stake in shares of  Watts Water Technologies in the first quarter worth about $367,000.  Credit Agricole S A boosted its position in shares of  Watts Water Technologies by 144.2% in the first quarter. Credit Agricole S A now owns 9,591 shares of the technology company's stock valued at $1,956,000 after acquiring an additional 5,664 shares during the period.  Finally, AlphaQuest LLC increased its holdings in  Watts Water Technologies by 538.9% during the 1st quarter. AlphaQuest LLC now owns 5,635 shares of the technology company's stock worth $1,149,000 after acquiring an additional 4,753 shares during the period. Institutional investors own  95.02% of the company's stock. </p><h2>About Watts Water Technologies</h2> (Get Free Report)<p>Watts Water Technologies, Inc, together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Watts Water Technologies</li><li>Golden Cross Stocks: Pattern, Examples and Charts </li><li>Cannabis Stocks Up for Reversal: Pipedreams or Opportunity?</li><li>3 Defense Stocks Set to Benefit From Increased Military Spending</li><li>Rate Cuts Make These 3 Income ETFs More Attractive Than Ever</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdUUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdUUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Watts Water Technologies Right Now?</h2><p>Before you consider Watts Water Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Watts Water Technologies wasn't on the list.</p><p>While Watts Water Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Virginia Halloran, CAO of Watts Water Technologies, sold 605 shares at $276.78 each, totaling $167,451.90. This sale reduced her position by 4.32%, leaving her with 13,412 shares valued at $3,712,173.36. The transaction was disclosed to the SEC. Watts Water Technologies' stock opened at $281.25, with a market cap of $9.38 billion. Analysts have mixed ratings, with a consensus "Hold" and an average price target of $279.25.</p>

Virginia Halloran Sells 605 Shares of Watts Water Technologies (NYSE:WTS) Stock