Recent Updates — WTS
Watts Water Technologies reported record second quarter 2026 financial results, with net sales of $763 million, representing a 19% increase on a reported basis and 12% organically compared to the prior year period. Diluted earnings per share rose 17% to $3.53, while adjusted diluted EPS increased 18% to $3.66. The company raised its full-year 2026 outlook, projecting sales growth of up to 17% reported and operating margins between 19.4% and 20.0%. Growth was driven by favorable price realization, higher volume in data center markets, and acquisition contributions, partially offset by inflation, tariffs, and restructuring charges. Watts Water Technologies is a leading manufacturer and provider of plumbing, heating, and water quality products and solutions.