Source-grounded facts extracted from WATTS WATER TECHNOLOGIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
WATTS WATER TECHNOLOGIES INC shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2026-05-19 meeting.
“The votes regarding the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 were as follows:”
Shareholder Votes
WATTS WATER TECHNOLOGIES INC shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2026-05-19 meeting.
“The results of the non-binding advisory vote on the compensation paid to the Company’s named executive officers were as follows:”
Shareholder Votes
WATTS WATER TECHNOLOGIES INC shareholders approved Election of Directors at the 2026-05-19 meeting.
“Each of the following nine persons was elected as a Director of the Company for a term expiring at the Company's 2027 Annual Meeting of Stockholders and until such Director's successor is duly elected and qualified.”
Restructurings & Charges
WATTS WATER TECHNOLOGIES INC announced a restructuring with charges of approximately $22 million affecting Hautvillers-Ouville, France facility (approximately 96 positions).
“On February 3, 2025, the Board of Directors of Watts Water Technologies, Inc. (the “Company”) authorized a restructuring program with respect to the Company’s operating facility in Hautvillers-Ouville, France. The restructuring program is expected to include the shutdown of the foundry at the Company’s manufacturing facility in Hautvillers-Ouville, France and the relocation of the facility’s other production activities primarily to other facilities of the Company in France and other locations in Europe. The program is expected to include pre-tax charges totaling approximately $22 million, including costs for severance, relocation, facility exit and clean-up and certain asset write-downs, and result in the elimination of approximately 96 positions at the Hautvillers-Ouville, France facility.”
Shashank Patel departed as Chief Financial Officer at WATTS WATER TECHNOLOGIES INC.
“On October 27, 2024, Shashank Patel, the Registrant’s Chief Financial Officer, provided notice of his intention to retire from the Registrant effective as of March 15, 2025.”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported the fiscal quarter ended March 31, 2024 results: revenue $570.9 million, net income $72.6 million, EPS $2.17. Guidance raised.
“ SVP FP&A & Investor Relations email: investorrelations@wattswater.com WATTS WATER TECHNOLOGIES REPORTS RECORD FIRST QUARTER 2024 RESULTS ◾ Reported sales of $571 million increased 21%; organic sales increased 6% including ~7% due to extra shipping days ◾ Reported operating margin of 16.9%, down 110 bps; adjusted operating margin of 18.2%, up 30”
Kenneth Napolitano was elected as Director at WATTS WATER TECHNOLOGIES INC.
“On March 12, 2024, the Board of Directors of the Registrant elected Kenneth Napolitano to serve as a member of the Registrant’s Board of Directors until the Registrant’s 2024 Annual Meeting of Stockholders or until his successor has been duly elected and qualified.”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported year ended December 31, 2023 results: revenue $2.06 billion, EPS $7.82.
“up 100 bps; adjusted operating margin of 15.8%, up 150 bps ◾ Reported EPS of $1.67, down 19%; adjusted EPS of $1.97, up 23% Full Year 2023 Highlights ◾ Reported sales of $2.06 billion, up 4% on a reported basis and 1% organically ◾ Reported operating margin of 17.1%, up 120 bps; adjusted operating margin of 17.8%, up 140 bps ◾ Reported EPS of $7.82, up 5%;”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported fiscal quarter ended December 31, 2023 results: revenue $548 million, EPS $1.67.
“investorrelations@wattswater.com WATTS WATER TECHNOLOGIES REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth Quarter 2023 Highlights ◾ Reported sales of $548 million, up 9% on a reported basis and down 1% organically ◾ Reported operating margin of 14.4%, up 100 bps; adjusted operating margin of 15.8%, up 150 bps ◾ Reported EPS of $1.67,”
Rebecca Boll was elected as Director at WATTS WATER TECHNOLOGIES INC.
“On February 7, 2024, the Board of Directors of the Registrant elected Rebecca Boll to serve as a member of the Registrant’s Board of Directors until the Registrant’s 2024 Annual Meeting of Stockholders or until her successor has been duly elected and qualified.”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported the fiscal quarter ended September 24, 2023 results: revenue $504.3, net income 65.8, EPS $1.96. Guidance raised.
“is as follows: Third Quarter Ended September 24, September 25, (In millions, except per share information) 2023 2022 % Change Sales $ 504.3 $ 487.8 3 % Net income 65.8 58.7 12 % Diluted net income per share $ 1.96 $ 1.75 12 % Special items (1) ”
Debt Financings
WATTS WATER TECHNOLOGIES INC incurred revolving credit of borrowed $210 million with JPMorgan Chase Bank, N.A., as administrative agent.
“On October 20, 2023, Watts Water Technologies, Inc. (the “Company”) borrowed $210 million under that certain Second Amended and Restated Credit Agreement by and among the Company, certain subsidiaries of the Company, the lenders and other parties from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent”
Material Agreements
WATTS WATER TECHNOLOGIES INC entered into Unit Purchase Agreement with G6 Adventures Corporation, Bradley Corporation and shareholders valued at $303 million (effective 2023-08-30).
“On August 30, 2023, Watts Regulator Co. (“Watts Regulator”), a wholly-owned subsidiary of Watts Water Technologies, Inc. (the “Company”), entered into a Unit Purchase Agreement (the “Purchase Agreement”) with G6 Adventures Corporation (“Parent”), Bradley Corporation, a wholly-owned subsidiary of Parent (“Bradley”) and Parent’s shareholders (collectively, the “Shareholders,” and together with Parent, the “Sellers”), pursuant to which Watts Regulator agreed to acquire Bradley subject to the terms and conditions set forth therein.”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported the second quarter of 2023 results: revenue $532.8 million, net income $75.9 million, EPS $2.26 per diluted share. Guidance raised.
“ SVP FP&A & Investor Relations email: investorrelations@wattswater.com WATTS WATER TECHNOLOGIES REPORTS RECORD SECOND QUARTER 2023 RESULTS ◾ Reported sales of $533 million increased 1%; organic sales were flat ◾ Reported operating margin of 18.8%, up 60 bps; adjusted operating margin of 19.5%, up 100 bps ◾ Reported EPS of $2.26, up 9%; adjusted”
Governance Changes
WATTS WATER TECHNOLOGIES INC: Board amended and restated bylaws to add mandatory advancement of expenses, exclusive forum provisions for DGCL and Securities Act claims, and updates for remote meetings, advance notice, proxies, and stockholder meeting conduct (effective 2023-07-31).
“On July 31, 2023, the Board of Directors (the “Board”) of the Company approved amendments to the Company’s Amended and Restated Bylaws (the “Bylaws”), effective immediately. The Bylaws were amended and restated to provide for mandatory advancement of expenses to directors and officers in the event of an indemnifiable event, to make Delaware the exclusive forum for litigation relating to the Delaware General Corporation Law and the Company’s internal affairs, to make federal district courts the exclusive forum for actions arising under the Securities Act of 1933, and to reflect updates to the Delaware General Corporation Law and corporate best practices, including provisions relating to remote stockholder meetings, advance notice requirements for stockholder proposals and director nominations, the appointment of proxies, and the conduct of stockholder meetings.”
Shareholder Votes
WATTS WATER TECHNOLOGIES INC shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2023-05-17 meeting.
“The votes regarding the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 were as follows:”
Shareholder Votes
WATTS WATER TECHNOLOGIES INC shareholders approved Approval of Amendment to Certificate of Incorporation to provide for the exculpation of officers at the 2023-05-17 meeting.
“The results of the vote to approve an amendment to the Company’s Certificate of Incorporation to provide for the exculpation of officers of the Company with respect to certain breaches of an officer’s duty of care were as follows:”
Shareholder Votes
WATTS WATER TECHNOLOGIES INC shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Named Executive Officer Compensation at the 2023-05-17 meeting.
““One Year,” having received the affirmative vote of the holders of 99.1% of the votes present or represented by proxy and entitled to vote at the 2023 Annual Meeting, was approved on an advisory basis.”
Shareholder Votes
WATTS WATER TECHNOLOGIES INC shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2023-05-17 meeting.
“The results of the non-binding advisory vote on the compensation paid to the Company’s named executive officers were as follows:”
Shareholder Votes
WATTS WATER TECHNOLOGIES INC shareholders approved Election of Directors at the 2023-05-17 meeting.
“Each of the following nine persons was elected as a Director of the Company for a term expiring at the Company's 2024 Annual Meeting of Stockholders and until such Director's successor is duly elected and qualified.”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported the fiscal quarter ended March 26, 2023 results: revenue $471.7 million, net income $64.7 million, EPS $1.93. Guidance raised.
“ SVP FP&A & Investor Relations email: investorrelations@wattswater.com WATTS WATER TECHNOLOGIES REPORTS RECORD FIRST QUARTER 2023 RESULTS ◾ Reported sales of $472 million increased 2%; organic sales increased 4% ◾ Reported operating margin of 18.0%, up 260 bps; adjusted operating margin of 17.9%, up 220 bps ◾ Reported EPS of $1.93, up 20%;”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported full year 2022 results: revenue $1.98 billion, net income $251.5 million, EPS $7.48.
“full year reported sales of $1.98 billion, up 9% on a reported basis and 13% organically”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported fiscal quarter ended December 31, 2022 results: revenue $502 million, net income $68.6 million, EPS $1.60.
“Q4 sales of $502 million, up 6% on a reported basis and 11% organically”
Earnings Releases
WATTS WATER TECHNOLOGIES INC reported third quarter of 2022 results: revenue $ 487.8, net income $ 58.7, EPS $ 1.75. Guidance raised.
“is as follows: Third Quarter Ended September 25, September 26, (In millions, except per share information) 2022 2021 % Change Sales $ 487.8 $ 455.0 7 % Net income 58.7 46.4 27 % Diluted net income per share $ 1.75 $ 1.37 28 % Special items (1) ”
Munish Nanda changed role as President of the Americas & Europe at WATTS WATER TECHNOLOGIES INC.
“Munish Nanda stepped down as President of the Americas & Europe of the Company.”
Munish Nanda departed as President of the Americas & Europe at WATTS WATER TECHNOLOGIES INC.
“In connection with Mr. Dhawan joining the Company, Munish Nanda will step down as President of the Americas & Europe effective as of August 15, 2022 and thereafter will provide transition and advisory services until his planned retirement from the Company in May 2023.”
Andre Dhawan was appointed as Chief Operating Officer at WATTS WATER TECHNOLOGIES INC.
“On July 19, 2022, Watts Water Technologies, Inc. (the “Company”) announced the appointment of Andre Dhawan as the Company’s Chief Operating Officer effective upon the commencement of his employment with the Company on August 15, 2022.”
Munish Nanda departed as President of Americas and Europe at WATTS WATER TECHNOLOGIES INC.
“Munish Nanda, President of Americas and Europe, provided notice of his intention to retire from Watts Water Technologies, Inc.”
Munish Nanda departed as President of Americas and Europe at WATTS WATER TECHNOLOGIES INC.
“On February 4, 2022, Munish Nanda, President of Americas and Europe, provided notice of his intention to retire from the Registrant.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.