Watts Water Q2 Sales Surge 19%, Raises Full-Year Outlook on Data Center Demand
WTS sits 45% above its 52-week low of $251.17.
Summary
Watts Water delivered a strong Q2 beat with sales of $763.2M, up 19% and well above the $725.75M consensus. Adjusted EPS of $3.66 also topped estimates by $0.33. Organic growth was driven by favorable pricing and higher volumes, particularly from data center demand. Management raised its full-year 2026 sales growth outlook to 14%-17% reported and 8%-11% organic, with operating margin now seen at 19.4%-20.0%. This follows a Q1 that also showed double-digit growth, confirming sustained momentum. The raised guidance and data center tailwind make this a material positive update for the stock.
At the time of this announcement, WTS was trading at $363.84 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $12.1B. The 52-week trading range was $251.17 to $394.54. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.