Watts Water Q1 net sales $677M (+21%); EPS $2.97; raises dividend 21% to $0.63

WATTS WATER TECHNOLOGIES INC

2026-Q1 EPS reported $2.97 revenue$677,300,000

Net sales $677.3M, up 21% reported and 12% organic; operating margin 19.6% (+390 bps).
Diluted EPS $2.97, up 34%; adjusted diluted EPS $3.04, up 28%.
Quarterly dividend increased 21% to $0.63 per share.
Full-year 2026 outlook maintained despite geopolitical and trade uncertainties.
Organic growth across all regions; record Q1 net sales, operating income, margin, and EPS.

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