Zurn Elkay Water Solutions (ZWS)
Makes specification-driven water control, drainage, hygiene, drinking-water, and heating products for buildings.
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Designs water safety and control, drainage, hygienic plumbing, filtered drinking water, and tankless water-heating products for mainly institutional and commercial buildings. Revenue comes through specification-led sales to wholesalers and distributors, with demand concentrated in North American construction and retrofit activity.
Designs, procures, manufactures, and markets specification-driven water products for institutional and commercial buildings, with smaller exposure to waterworks and residential projects. Water Safety and Control covers backflow preventers, pressure-reducing and fire-system valves; Flow Systems spans drainage and wastewater pretreatment. Hygienic and Environmental adds faucets, flush valves, sinks, hand dryers, and restroom partitions, while Filtered Drinking Water centers on bottle fillers, fountains, dispensers, and filtration. The Intellihot acquisition adds tankless gas and electric water heaters.
Wins placement by getting technically engineered, code-compliant products specified by owners, architects, engineers, and contractors, then serving projects through plumbing wholesalers, independent representatives, and specialist distributors. Sales concentrate in North America, with demand tied mainly to institutional and commercial construction and retrofit activity. Products must satisfy building, plumbing, safety, and water-quality standards before commercialization, and distribution relies on independent sales agencies.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 9, 2026 | Oppenheimer | Reiterate | Rating: —Target: $58 | Target: $60 |
| Jul 31, 2026 | Barclays | Reiterate | Rating: —Target: $59 | Target: $61 |
| Jul 30, 2026 | Robert W. Baird | Target | Target: $53 | Target: $58 |
| Jul 30, 2026 | Stifel Nicolaus | Target | Target: $56 | Target: $62 |
| Jul 29, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $50 | Target: $55 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $365.0M · Total debt $550.5M · Total assets $2.78B · Shareholders' equity $1.66B
- Revenue
- $442.2M
- Operating income
- $77.1M
- Net income
- $113.3M
HistoryDividendAnnual yield
| Institutions | ≈ 89.59% | 148.60M shares | |
|---|---|---|---|
| 437 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 16.72% | 27.73M shares | |
| 21 holders · as of Aug 21, 2026 | |||
| Strategic holders | 9.05% | 15.00M shares | |
| 1 holder · as of Feb 19, 2025 | |||
| Adds to | 115.36% | ||
165.86M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 115.36%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Errol R. Halperin1Insiderdirector | 15.62% | 25.91M | filed Jul 12, 2022 |
BlackRock, Inc.Institution | 14.81% | 24.57M | as of Jun 30, 2026 |
Ice Mountain LLCStrategicother: Former 10% Owner | 9.05% | 15.00M | filed Feb 19, 2025 |
Vanguard Portfolio Management LLCInstitution | 5.42% | 8.99M | as of Jun 30, 2026 |
Kayne Anderson Rudnick Investment Management LLCInstitution | 5.36% | 8.89M | as of Jun 30, 2026 |
- Errol R. Halperin's transaction reports restate only vehicles that traded; the 2022 ownership statement (25.91M) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 19, 2026 | Jacques Donavon Butler | director | +2,016 | $49.60 |
| Aug 4, 2026 | Mark W. Peterson | officer: Chief Administrative Officer | −25,000 | $53.02 |
| Feb 17, 2026 | Timothy J. Jahnke | director | −25,000 | $51.18 |
| Feb 17, 2026 | Jeffrey J. LaValle | officer: VP, General Counsel & Sec'y | −447 | $50.86 |
| Feb 17, 2026 | Mark W. Peterson | officer: Chief Administrative Officer | −2,006 | $50.86 |
- Watts Water Technologies
Closest rival across backflow, flow control, drainage, and commercial washrooms.
- Masco
Delta and hansgrohe brands compete in commercial sinks, drains, and fixtures.
- Fortune Brands Innovations
Moen competes in commercial sinks, faucets, and smart drinking-water solutions.
- Mueller Water Products
Water valve and flow control peer serving primarily municipal utilities.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Zurn Elkay Water Solutions | $46.98 | +1.68% | $7.66B | 28.5 | 24.1 | 4.4 | +10.5% |
| Watts Water Technologies | $353.24 | +0.75% | $11.71B | 30.6 | 26.5 | 4.4 | +18.6% |
| Masco | $69.07 | +1.96% | $13.36B | 15.6 | 15.9 | 1.8 | −2.9% |
| Fortune Brands Innovations | $40.31 | +1.79% | $4.72B | 32.2 | 13.4 | 1.1 | −4.1% |
| Mueller Water Products | $22.16 | +1.12% | $3.43B | 15.5 | 14.3 | 2.3 | +4.1% |
| Median | 23.1 | 15.1 | 2.0 | +0.6% |