Barclays Rates Watts Water Technologies (WTS) buy
Barclays analyst William Grippin upgrades WTS to buy, setting a $414 target, a 15.34% upside from the current price.
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Barclays rated Watts Water Technologies, Inc. ($WTS) "buy" with a $414 price target on June 30, 2026.
Since the rating, $WTS is down 8.7% after 1 week, down 12.1% after 1 month and down 8.7% to date (from the $390.78 close on Jun 30, 2026).
Key Points
- On June 30, 2026, Barclays analyst William Grippin upgraded WTS to a buy rating with a $414 price target.
- Barclays's $414 price target implies 15.34% upside from Watts Water Technologies, Inc.'s ($WTS) current $358.93 share price.
- Shares of WTS traded near $358.93 on Tuesday, showing investor interest following the new analyst rating.
- Recent insider sales at WTS include transactions by Elie Melhem and Monica Barry, with no buys reported.
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On June 30, 2026, Barclays analyst William Grippin raised his rating on WTS to a buy, setting a new price target of $414. This upgrade signifies a positive outlook for the company, as the previous target was not specified.
Barclays vs. the S&P 500
Hypothetical returns from Barclays's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in WTS
Several major funds have recently adjusted their positions in WTS. BlackRock, Inc. increased its holdings by 68,115 shares, bringing its total to about 3.67 million shares valued at approximately $1.07 billion, a 1.9% increase. Kayne Anderson Rudnick Investment Management LLC trimmed its stake by 18,428 shares, now holding about 2.13 million shares worth $617.5 million, a 0.9% decrease. Vanguard Portfolio Management LLC opened a new position with 1.66 million shares valued at $482.1 million. Similarly, Vanguard Capital Management LLC also initiated a new stake, acquiring 1.23 million shares worth $356 million. State Street Corp added 14,218 shares, ending with 991,144 shares valued at $287.7 million, a 1.5% increase.
Watts Water Technologies, Inc. Stock Up 2.4%
Shares of WTS traded near $358.93 on Tuesday. The company's recent stock performance reflects investor interest following the new analyst rating. The stock's movement aligns with broader market trends and the company's strategic initiatives.
$WTS price target
Watts Water Technologies, Inc. daily closes and this analyst's $414 target. Not advice.
Insider Buying and Selling at Watts Water Technologies, Inc.
Recent insider transactions at WTS include several sales. On May 28, 2026, DuBose Michael sold 398 shares at an average price of $309.63. Earlier, on May 13, 2026, Elie Melhem, President of APAC, Middle East, and Africa, sold 2,257 shares at $301. Melhem also made planned sales in March, including 372 shares at $292.13 on March 19 and 379 shares at $300.03 on March 18. Monica Barry, Chief HR Officer, sold 334 shares at $297.80 on March 16.
Analysts Set New Price Targets
On June 30, 2026, Barclays upgraded WTS to a buy rating, setting a $414 price target. This follows a series of maintained ratings from other firms. On May 11, 2026, Barclays maintained a hold rating with a $317 target. RBC Capital and Goldman Sachs have also maintained hold ratings with targets around $323. Stifel has consistently maintained a buy rating, with targets of $367 and $389 in recent months.
Bottom Line
Barclays' upgrade of WTS to a buy rating with a $414 price target highlights a positive outlook for the company. This move may attract investor attention as the stock's performance is closely monitored. Insider transactions and institutional activity provide additional context for understanding the company's current market position. As always, these ratings are backward-looking and do not necessarily reflect the current market conditions.
Source: Barclays's rating change on $WTS (Jun 30, 2026). Written by software, not financial advice. How we make alerts
