Mueller Water Products (MWA) Upgraded to Buy: Here's Why
Mueller Water Products (MWA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
MWA - Mueller Water Products, Inc.
Mueller Water Products (MWA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The heavy selling pressure might have exhausted for Mueller Water Products (MWA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Mueller Water Products NYSE: MWA reported record fiscal second-quarter results and raised its full-year adjusted EBITDA outlook, citing pricing gains, manufacturing efficiencies and resilient demand in municipal repair and replacement markets.
Mueller Water Products is rated a buy, trading at a significant discount despite sector-leading margin expansion and robust fundamentals. MWA's competitive moat, pricing power, and manufacturing efficiencies have driven superior EBIT and net income growth versus peers, with further margin gains anticipated. Recent Q2 results showed revenue up 6% and EBIT margin at 20.92%, well above sector averages, but free cash flow conversion remains a near-term challenge due to inventory build.
Mueller Water Products (MWA) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Mueller Water Products, Inc. (MWA) Q2 2026 Earnings Call Transcript
Although the revenue and EPS for Mueller Water Products (MWA) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Mueller Water Products (MWA) came out with quarterly earnings of $0.4 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.34 per share a year ago.
ATLANTA, May 05, 2026 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, announced that its management team will participate in the Oppenheimer 21st Annual Industrial Growth Conference taking place virtually on Thursday, May 7, 2026, with the fireside chat taking place at 9:45 a.m. ET.
Increased Net Sales 5.5% to $384.4 Million Reported Net Income per Diluted Share of $0.38 Achieved Adjusted Net Income per Diluted Share of $0.40 Raises Annual Guidance for Fiscal 2026 Adjusted EBITDA ATLANTA, May 05, 2026 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, announced financial results for its fiscal 2026 second quarter ended March 31, 2026. In the second quarter of 2026, the Company: Increased net sales 5.5% to $384.4 million as compared with $364.3 million in the prior year quarter Reported operating income of $80.4 million as compared with $69.9 million in the prior year quarter, and increased adjusted operating income 16.0% to $84.8 million as compared with $73.1 million in the prior year quarter Reported operating margin of 20.9% as compared with 19.2% in the prior year quarter, and expanded adjusted operating margin to 22.1% as compared with 20.1% in the prior year quarter Reported net income of $59.1 million as compared with $51.3 million in the prior year quarter, with net income margin of 15.4% as compared with 14.1% in the prior year quarter, and increased adjusted net income 16.2% to $62.4 million as compared with $53.7 million in the prior year quarter Reported net income per diluted share of $0.38 as compared with $0.33 in the prior year quarter, and increased adjusted net income per diluted share 17.6% to $0.40 as compared with $0.34 in the prior year quarter Increased adjusted EBITDA 15.0% to $97.2 million as compared with $84.5 million in the prior year quarter, and expanded adjusted EBITDA margin to 25.3% as compared with 23.2% in the prior year quarter Reported net cash provided by operating activities for the six-month period of $48.4 million as compared with $68.4 million in the prior year period Generated free cash flow for the six-month period of $16.5 million as compared with $47.3 million in the prior year period “We are pleased with our strong second quarter results, which were achieved through disciplined execution and resilient end-market demand.
ATLANTA, April 29, 2026 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of $0.070 per share, payable on or about May 20, 2026, to stockholders of record as of the close of business on May 11, 2026.
ATLANTA, April 22, 2026 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its second quarter ended March 31, 2026, after U.S. markets close on Tuesday, May 5, 2026. On Wednesday, May 6, 2026, at 11:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company's website www.muellerwaterproducts.com. An archive of the webcast will be available for approximately 90 days following the call.
On April 20, 2026, Mueller Water Products Inc (MWA) shares fell 5.3% to close at $27.53. The stock has experienced a 52-week high of $31.00 and a low of $22.74,
SG Americas Securities LLC grew its stake in shares of Mueller Water Products (NYSE: MWA) by 998.6% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 387,050 shares of the industrial products company's stock after acquiring an additional 351,819 shares during
Gregg C. Sengstack, a director at Mueller Water Products, purchased 25,000 shares of common stock in an open-market transaction on Feb. 25, 2026, at an average price of approximately $29.58 per share. The total transaction value was approximately $739,000, establishing a new direct ownership position — no prior direct or indirect holdings were reported.
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Victory Capital Management Inc. trimmed its holdings in Mueller Water Products (NYSE: MWA) by 9.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 877,370 shares of the industrial products company's stock after selling 94,121 shares during the quarter. Victory
Citigroup Inc. lessened its stake in shares of Mueller Water Products (NYSE: MWA) by 43.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,290 shares of the industrial products company's stock after selling 63,759 shares during the period. Citigroup Inc. owned about 0.05%