In a report released today, Nathan Jones from Stifel Nicolaus maintained a Hold rating on Zurn Water Solutions (ZWS – Research Report), with a price target of $31.00. The company’s shares closed yesterday at $31.87.
Jones covers the Industrials sector, focusing on stocks such as Veralto Corporation, IDEX, and Lindsay. According to TipRanks, Jones has an average return of 14.9% and a 63.93% success rate on recommended stocks.
In addition to Stifel Nicolaus, Zurn Water Solutions also received a Hold from KeyBanc’s Jeffrey Hammond in a report issued today. However, on the same day, Oppenheimer assigned a Buy rating to Zurn Water Solutions (NYSE: ZWS).
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $31.97 and a one-year low of $19.13. Currently, Zurn Water Solutions has an average volume of 1.23M.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZWS in relation to earlier this year. Most recently, in November 2023, Michael Troutman, the CIO of ZWS sold 35,082.00 shares for a total of $1,043,689.50.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Zurn Water Solutions (ZWS) Company Description:
Rexnord Corp. engages in the manufacture of engineered power transmission, aerospace, and other precision motion technology products. It operates through the Process and Motion Control, and Water Management segments. The Process and Motion Control segment designs, manufactures and markets engineered mechanical components such as gears, couplings, industrial, aerospace bearings, and seals which are used within complex systems. The Water Management segment designs, procures, manufactures and markets products for water quality, safety, flow control enhancements, and conservation. The company was founded by Christopher W. Levalley, F. W. Sivyer and W. A. Draves in 1891 and is headquartered in Milwaukee, WI.
Read More on ZWS:
