MWA

With a short percentage of shares outstanding of 2.12%, Mueller Water Products, Inc. (NYSE:MWA) is among the 7 Best Water Infrastructure Stocks to Buy for Scarcity Trends. Mueller Water Products, Inc. (NYSE:MWA) continued to attract analyst attention on May 7 when Baird raised its price target on the stock to $34 from $33 while maintaining a Neutral rating. The firm updated its financial model following second-quarter results and indicated that the company’s performance remains largely in line with expectations. The day before, Goldman Sachs increased its price target on Mueller Water Products, Inc. (NYSE:MWA) to $29 from $28 and maintained a Neutral rating. The firm highlighted record second-quarter results that exceeded expectations on both revenue and earnings, driven by favorable pricing actions and manufacturing efficiencies. Goldman Sachs also noted that margin expansion is expected to continue throughout the year as the benefits of recent pricing initiatives become more fully realized in the second half of 2026. Mueller Water Products, Inc. (NYSE:MWA) is a leading manufacturer and marketer of water infrastructure products headquartered in Atlanta, Georgia, and was founded in 1857. The company’s portfolio includes fire hydrants, gate valves, pipe repair solutions, leak detection technologies, and smart water metering systems used throughout North America. While we acknowledge the potential of MWA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Best 3D Printing Stocks to Buy for Aerospace Components and Top 10 Stocks That Members of Congress Own. Disclosure: None. Follow Insider Monkey on Google News.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Mueller Water Products (NYSE:MWA) and the best and worst performers in the water infrastructure industry. Trends towards conservation and reducing groundwater depletion are putting water infrastructure and treatment products front and center. Companies that can innovate and create solutions–especially automated or connected solutions–to address these thematic trends will create incremental demand and speed up replacement cycles. On the other hand, water infrastructure and treatment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings. The 5 water infrastructure stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 6.8%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 7% since the latest earnings results. As one of the oldest companies in the water infrastructure industry, Mueller (NYSE:MWA) is a provider of water infrastructure products and flow control systems for various sectors. Mueller Water Products reported revenues of $384.4 million, up 5.5% year on year. This print exceeded analysts’ expectations by 0.8%. Overall, it was a strong quarter for the company with a solid beat of analysts’ adjusted operating income estimates. “We are pleased with our strong second quarter results, which were achieved through disciplined execution and resilient end-market demand. We set new quarterly records for net sales, adjusted EBITDA and adjusted net income per diluted share, demonstrating the strength of our brands and impact of our ongoing commitment to operational excellence and cost management. I want to thank our employees for their continued dedication and effort in supporting our customers and delivering value for all our stakeholders,” said Paul McAndrew, President and Chief Executive Officer of Mueller Water Products. The stock is down 4% since reporting and currently trades at $26.45. We think Mueller Water Products is a good business, but is it a buy today? Read our full report here, it’s free. Founded in 1874, Watts Water (NYSE:WTS) specializes in manufacturing water p...

In early May 2026, Mueller Water Products reported record fiscal second-quarter results, with sales rising to US$384.4 million and net income reaching US$59.1 million, while reiterating its full-year 2026 net sales guidance of US$1.47 billion to US$1.49 billion. Management highlighted a strong balance sheet with US$585 million of liquidity and no debt maturities until June 2029, enabling increased pursuit of disciplined acquisitions to accelerate growth through portfolio expansion, cost synergies, and margin improvement. With record earnings and a stronger focus on acquisitions funded by ample liquidity, we’ll now examine how this reshapes Mueller’s investment narrative. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 30 best rare earth metal stocks of the very few that mine this essential strategic resource. To own Mueller Water Products, you need to believe in steady demand for water infrastructure repair and replacement, supported by disciplined execution and efficient capital use. The latest record quarter and reaffirmed 2026 sales outlook support that case but do not materially change the near term catalyst of municipal spending or reduce the key risk that higher capital needs for foundry upgrades could weigh on free cash flow. The most relevant update here is management’s emphasis on acquisitions alongside a record quarter and US$585 million of liquidity. That reinforces the existing catalyst around operational efficiency and portfolio expansion, but also heightens execution risk if integration or elevated capital spending were to pressure margins and cash generation at the same time. Yet behind these strong headline numbers, investors should be aware that the ongoing need for heavy capital expenditure in aging foundries could... Read the full narrative on Mueller Water Products (it's free!) Mueller Water Products' narrative projects $1.6 billion revenue and $279.7 million earnings by 2029. This requires 3.3% yearly revenue growth and a $72.3 million earnings increase from $207.4 million today. Uncover how Mueller Water Products' forecasts yield a $32.20 fair value, a 26% upside to its current price. Three members of the Simply Wall St Community currently see fair value for Mueller Water Products...

Mueller Water Products’ second quarter results reflected balanced execution despite a mixed demand environment. Management credited higher pricing and manufacturing efficiencies for driving both sales growth and margin expansion, even as new residential construction remained sluggish. CEO Paul McAndrew emphasized, “Our operations and supply chain teams performed well, driving year-over-year gross margin expansion.” The company noted that robust performance in its specialty valve and hydrant product lines helped offset lower volumes in service brass and residential-focused segments. Is now the time to buy MWA? Find out in our full research report (it’s free). Revenue: $384.4 million vs analyst estimates of $381.5 million (5.5% year-on-year growth, 0.8% beat) Adjusted EPS: $0.40 vs analyst estimates of $0.37 (7.5% beat) Adjusted EBITDA: $97.2 million vs analyst estimates of $92.42 million (25.3% margin, 5.2% beat) The company reconfirmed its revenue guidance for the full year of $1.48 billion at the midpoint EBITDA guidance for the full year is $362.5 million at the midpoint, above analyst estimates of $357.9 million Operating Margin: 20.9%, up from 19.2% in the same quarter last year Market Capitalization: $4.04 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Jeff Reif (RBC Capital Markets) asked about channel inventory and sell-through trends. CEO Paul McAndrew explained that channel inventory is at normalized levels and highlighted a seasonal backlog reduction, particularly in specialty valves. Reif also asked whether stronger-than-expected WMS (Water Management Solutions) sales implied a more moderated growth cadence. CFO Melissa Rasmussen said double-digit growth in hydrants and repair products was partly driven by an elevated backlog, with growth expected to normalize through the year. Brian Lee (Goldman Sachs) questioned the balance between price and volume in the company’s outlook. McAndrew and Rasmussen clarified that recent price actions took effect in February and volume is expected to be lighter, especially as tariff-related pricing laps in the second half. Lee further inquired about the impact of...

Interested in Mueller Water Products? Here are five stocks we like better. Mueller Water Products posted record Q2 results, with net sales up 5.5% to $384.4 million and adjusted EBITDA rising 15% to $97.2 million. Margin expansion was driven by pricing gains and manufacturing efficiencies, which helped offset tariffs and inflation. The company raised its full-year adjusted EBITDA guidance to $360 million to $365 million, citing strong first-half execution and resilient demand in municipal repair and replacement markets. It still expects slower new residential construction to weigh on demand later in the year. Free cash flow expectations were trimmed after higher inventory and capital spending, with first-half free cash flow down sharply year over year. Mueller now expects free cash flow to exceed 70% of adjusted net income for fiscal 2026, versus a prior target of 85%. Russell 2000 Stocks: Too Early or Finally Interesting? 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. President and Chief Executive Officer Paul McAndrew said the company set new quarterly records for net sales, adjusted EBITDA and adjusted net income per share in the quarter ended March 31, 2026. Consolidated net sales rose 5.5% year over year to $384.4 million, while adjusted EBITDA increased 15% to $97.2 million. Adjusted EBITDA margin expanded 210 basis points to 25.3%. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum Burry Just Sold Amazon, Replaced it With Alibaba, is He Right? “We delivered net sales growth of 5.5% in the quarter, demonstrating the strength of our brands and resilient end market demand,” McAndrew said. He said manufacturing efficiencies more than offset higher tariffs and inflationary pressures, contributing to year-over-year gross margin expansion. Chief Financial Officer Melissa Rasmussen said gross profit increased 12.9% to $144.5 million, with gross margin expanding 250 basis points to 37.6%. She attributed the improvement primarily to favorable pricing, improved manufacturing efficiencies and higher volumes. Those benefits were partially offset by higher tariffs and ongoing inflationary cost pressures. → MercadoLibre Boldly Invests in Growth: Discount Dee...

Image source: The Motley Fool. Wednesday, May 6, 2026 at 11 a.m. ET President & Chief Executive Officer — Paul McAndrew Chief Financial Officer — Melissa Rasmussen Corporate Secretary — Whit Kincaid Whit Kincaid: Good morning, everyone. Thank you for joining us for Mueller Water Products, Inc. second quarter conference call. Yesterday afternoon, we issued our press release reporting results of operations for the quarter ended March 31, 2026. A copy of the press release is available on our website, muellerwaterproducts.com. I am joined this morning by Paul McAndrew, our president and chief executive officer, and Melissa Rasmussen, our chief financial officer. Following our prepared remarks, we will address questions related to the information covered on the call. As a reminder, please keep to one question and a follow-up and then return to the queue. This morning’s call is being recorded and webcast live on the Internet. We have also posted slides on our website to accompany today’s discussion. They also address forward-looking statements and our non-GAAP disclosure. At this time, please refer to Slide 2. This slide identifies non-GAAP financial measures referenced in our press release, on our slides, and on this call. It discloses the reasons why we believe these measures provide information to investors. Reconciliations between non-GAAP and GAAP financial measures are included in the supplemental information within our press release and on our website. Slide 3 addresses forward-looking statements made on this call. This slide includes cautionary information identifying important factors that could cause actual results to differ materially from those included in forward-looking statements. Please review Slides 2 and 3 in their entirety. During this call, all references to a specific year or quarter, unless specified otherwise, refer to our fiscal year, which ends September 30. A replay of this morning’s call will be available for thirty days at 1-808-391-334. The archived webcast and corresponding slides will be available for at least ninety days on the Investor Relations section of our website. I will now turn the call over to Paul. Paul McAndrew: Thanks, Whit. Good morning, everyone. Thank you for joining our second quarter earnings call. I am pleased with our strong performance this quarter, as we set new quarterly records for net sales, adjusted EBITDA,...

Achieved record net sales and adjusted EBITDA driven by strong brand resilience and the successful realization of mid single-digit pricing across most product lines. Expanded gross margins by 250 basis points through manufacturing efficiencies, specifically citing the transition to a new brass foundry and the elimination of legacy foundry closure costs. Introduced the 'Mueller Operating System,' a formalized framework designed to drive discipline, simplify business processes, and enhance the digital customer experience. Strategic pivot in the pressure management business involved exiting the i2O monitoring business outside North America to focus resources on higher-growth domestic opportunities. Performance attribution highlights that healthy municipal repair and replacement activity, along with specialty valve project growth, is successfully counterbalancing a slowdown in new residential construction. Operational improvements in the Water Flow Solutions segment led to a record 33.2% adjusted EBITDA margin, benefiting from pricing and specialty valve volume gains. Raised full-year adjusted EBITDA guidance to a range of $360 million to $365 million, reflecting strong first-half execution and continued manufacturing efficiency expectations. Anticipates new residential construction activity will remain a headwind, declining in the high single to low double-digit range for the remainder of the fiscal year. Expects the exit from international i2O operations to yield cost savings and tax benefits that will more than offset revenue losses beyond 2026. Guidance assumes a normalization of growth in the Water Management Solutions segment as the company laps elevated hydrant backlogs and faces residential market softening. Maintains a disciplined capital allocation strategy focused on organic strategic investments, targeted M&A, and returning cash to shareholders. Incurred $4.4 million in strategic reorganization charges related to leadership transitions, transaction expenses, and severance costs. Revised free cash flow guidance to exceed 70% of adjusted net income (previously 85%) due to higher working capital requirements and strategic inventory builds. Management flagged increased uncertainty regarding external factors, specifically citing the potential for higher tariffs and persistent inflationary cost pressures. Inventory levels increased to support long-lead-tim...

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. We set new quarterly records for net sales, adjusted EBITDA and adjusted net income per diluted share, demonstrating the strength of our brands and impact of our ongoing commitment to operational excellence and cost manage...

Mueller Water Products (MWA) reported fiscal Q2 adjusted earnings late Tuesday of $0.40 per diluted

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.67%. A quarter ago, it was expected that this maker of fire hydrants, pipes and water valves would post earnings of $0.27 per share when it actually produced earnings of $0.29, delivering a surprise of +7.41%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Mueller Water Products, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $384.4 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.65%. This compares to year-ago revenues of $364.3 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Mueller Water Products shares have added about 14.3% since the beginning of the year versus the S&P 500's gain of 5.2%. While Mueller Water Products has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Mueller Water Products was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line...

Mueller Water Products (MWA) reported $384.4 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 5.5%. EPS of $0.40 for the same period compares to $0.34 a year ago. The reported revenue represents a surprise of +1.65% over the Zacks Consensus Estimate of $378.15 million. With the consensus EPS estimate being $0.38, the EPS surprise was +6.67%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Mueller Water Products performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Water Management Solutions: $166.1 million compared to the $156 million average estimate based on two analysts. The reported number represents a change of +12.2% year over year. Net Sales- Water Flow Solutions: $218.3 million versus $222.5 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1% change. Adjusted operating income (loss)- Water Management Solutions: $35.5 million compared to the $33 million average estimate based on two analysts. Adjusted operating income (loss)- Water Flow Solutions: $65.2 million versus the two-analyst average estimate of $61.5 million. View all Key Company Metrics for Mueller Water Products here>>> Shares of Mueller Water Products have returned -1.9% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MUELLER WATER PRODUCTS (MWA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ATLANTA (AP) — ATLANTA (AP) — Mueller Water Products Inc. (MWA) on Tuesday reported net income of $59.1 million in its fiscal second quarter. The Atlanta-based company said it had net income of 38 cents per share. Earnings, adjusted for non-recurring costs, came to 40 cents per share. The maker of fire hydrants, pipes and water valves posted revenue of $384.4 million in the period. Mueller Water Products expects full-year revenue in the range of $1.47 billion to $1.49 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MWA at https://www.zacks.com/ap/MWA