Mueller Water Products (NYSE:MWA) Announces Earnings Results, Beats Expectations By $0.06 EPS

Mueller Water Products (NYSE:MWA - Get Free Report) announced its quarterly earnings results on Tuesday. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.06, Zacks reports. Mueller Water Products had a return on equity of 21.18% and a net margin of 10.05%. During the same quarter in the prior year, the business posted $0.13 earnings per share. Mueller Water Products updated its FY 2025 guidance to EPS.

Mueller Water Products Price Performance

Mueller Water Products stock traded down $0.49 during mid-day trading on Friday, reaching $27.33. 1,907,602 shares of the company were exchanged, compared to its average volume of 1,532,424. The firm has a market cap of $4.28 billion, a PE ratio of 31.78, a PEG ratio of 1.56 and a beta of 1.38. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.83 and a quick ratio of 2.16. The company has a fifty day simple moving average of $23.55 and a 200-day simple moving average of $22.40. Mueller Water Products has a 12 month low of $13.67 and a 12 month high of $28.25.

Mueller Water Products Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Monday, February 10th will be paid a $0.067 dividend. This represents a $0.27 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Monday, February 10th. Mueller Water Products's dividend payout ratio (DPR) is currently 31.40%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on MWA. Royal Bank of Canada raised their target price on shares of Mueller Water Products from $25.00 to $29.00 and gave the stock a "sector perform" rating in a research note on Thursday. Oppenheimer restated an "outperform" rating and set a $27.00 price objective (up from $26.00) on shares of Mueller Water Products in a research report on Friday, November 8th. StockNews.com downgraded Mueller Water Products from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, October 30th. Finally, The Goldman Sachs Group lifted their price target on Mueller Water Products from $26.00 to $29.00 and gave the stock a "neutral" rating in a report on Thursday. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $25.80.

Insider Activity

In related news, CAO Suzanne G. Smith sold 26,138 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $24.99, for a total transaction of $653,188.62. Following the sale, the chief accounting officer now owns 9,378 shares in the company, valued at approximately $234,356.22. This trade represents a 73.59 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Todd P. Helms sold 57,948 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $25.69, for a total transaction of $1,488,684.12. Following the transaction, the senior vice president now owns 43,224 shares of the company's stock, valued at approximately $1,110,424.56. This represents a 57.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 98,433 shares of company stock worth $2,494,144. 1.10% of the stock is currently owned by company insiders.

Mueller Water Products Company Profile

Mueller Water Products, Inc manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.