Key Points
- VP Jeffrey Lavalle sold 6,097 shares of ZWS on Feb. 10 at an average price of $51.80, netting about $315,824.60 and reducing his stake by 10.91% to 49,803 shares (SEC Form 4 filed).
- Other insiders also sold heavily—CEO Todd A. Adams and CFO David Pauli executed large dispositions on Feb. 9–10—amounting to roughly $28.8M in insider proceeds over two days, a move that has driven market attention despite insiders remaining sizable holders.
- Zurn Elkay beat Q4 estimates with $0.36 EPS vs. $0.34 expected and revenue of $407.2M (up 9.8% YoY), announced a $0.11 quarterly dividend (annualized $0.44, ~0.9% yield), and carries a MarketBeat consensus rating of "Hold" with an average target of $51.63.
Zurn Elkay Water Solutions Cor (NYSE:ZWS - Get Free Report) VP Jeffrey Lavalle sold 6,097 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $51.80, for a total value of $315,824.60. Following the completion of the transaction, the vice president directly owned 49,803 shares of the company's stock, valued at $2,579,795.40. This represents a 10.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Zurn Elkay Water Solutions Cor Price Performance
ZWS opened at $51.60 on Wednesday. The stock has a fifty day simple moving average of $47.43 and a two-hundred day simple moving average of $46.58. The company has a market cap of $8.64 billion, a price-to-earnings ratio of 44.87, a price-to-earnings-growth ratio of 2.18 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 has a 12-month low of $27.74 and a 12-month high of $53.17.
Zurn Elkay Water Solutions Cor (NYSE:ZWS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.02. Zurn Elkay Water Solutions Cor had a net margin of 11.68% and a return on equity of 16.54%. The company had revenue of $407.20 million during the quarter, compared to analysts' expectations of $400.75 million. During the same period last year, the company posted $0.32 EPS. Zurn Elkay Water Solutions Cor's revenue was up 9.8% on a year-over-year basis. Research 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 business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, February 20th. Zurn Elkay Water Solutions Cor's dividend payout ratio is currently 38.26%.
Analysts Set New Price Targets
A number of analysts have commented on ZWS shares. Jefferies Financial Group started coverage on Zurn Elkay Water Solutions Cor in a report on Friday, December 12th. They issued a "buy" rating and a $58.00 target price for the company. Stifel Nicolaus set a $59.00 price objective on shares of Zurn Elkay Water Solutions Cor in a research report on Thursday, February 5th. Mizuho set a $49.00 target price on shares of Zurn Elkay Water Solutions Cor in a report on Thursday, October 30th. Weiss Ratings reissued a "buy (b-)" rating on shares of Zurn Elkay Water Solutions Cor in a report on Monday, December 29th. Finally, The Goldman Sachs Group restated a "neutral" rating and set a $50.00 price objective 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, the stock currently has a consensus rating of "Hold" and an average price target of $51.63.
Read Our Latest Research Report on Zurn Elkay Water Solutions Cor
Trending Headlines about Zurn Elkay Water Solutions Cor
Here are the key news stories impacting Zurn Elkay Water Solutions Cor this week:
- Positive Sentiment: Q4 results and revenue beat: ZWS reported $0.36 EPS vs. $0.34 expected and revenue of $407.2M (up 9.8% YoY), supporting underlying growth and margins. MarketBeat: ZWS earnings & company page
- Positive Sentiment: Dividend announced: company declared a $0.11 quarterly dividend (ex-dividend Feb 20, pay Mar 6), adding modest income yield (≈0.9%) for shareholders. MarketBeat: Dividend notice
- Positive Sentiment: Analyst support: Several firms raised targets (Oppenheimer to $57, RBC to $55, Baird $56) and reiterated buys/holds, signaling continued institutional interest. MarketBeat: Analyst notes summary
- Neutral Sentiment: Institutional ownership and balance sheet: ~83% of shares are held by institutions; company has low leverage (debt/equity ~0.31) and strong liquidity (current ratio ~3.13), which tempers downside risk. MarketBeat: Ownership & financials
- 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 (~$28.1M total); CFO David Pauli sold 7,639 shares and VP Jeffrey Lavalle sold 6,097 shares—about $28.8M of insider proceeds in two days. Market reaction appears driven by these sizable, disclosed sales despite insiders remaining large holders. InsiderTrades: Insider selling alert SEC Form 4 (CEO) SEC Form 4 (CFO)
Institutional Trading of Zurn Elkay Water Solutions Cor
Institutional investors and hedge funds have recently modified their holdings of the stock. Creative Planning boosted its position in Zurn Elkay Water Solutions Cor by 37.4% during the second quarter. Creative Planning now owns 57,771 shares of the company's stock valued at $2,113,000 after purchasing an additional 15,729 shares in the last quarter. Global Alpha Capital Management Ltd. raised its stake in shares of Zurn Elkay Water Solutions Cor by 11.9% during the 2nd quarter. Global Alpha Capital Management Ltd. now owns 109,342 shares of the company's stock worth $3,999,000 after acquiring an additional 11,602 shares in the last quarter. Keybank National Association OH purchased a new stake in Zurn Elkay Water Solutions Cor during the second quarter valued at approximately $222,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Zurn Elkay Water Solutions Cor in the second quarter valued at approximately $380,000. Finally, Carret Asset Management LLC purchased a new position in Zurn Elkay Water Solutions Cor in the second quarter worth $201,000. Institutional investors own 83.33% of the company's stock.
Zurn Elkay Water Solutions Cor Company Profile
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Get Free Report)
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.
Further Reading
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