Headquartered in Milwaukee, Wisconsin, Zurn Water Solutions is a growth oriented, pure-play water business that designs, procures, manufactures and markets what we believe is the broadest sustainable product portfolio of solutions to improve health, human safety and the environment. The Zurn product portfolio includes professional grade water control and safety, water distribution and drainage, finish plumbing, hygienic and environmental and site works products for public and provide spaces.
Company profile
Ticker
ZWS
Exchange
Website
CEO
Todd Alan Adams
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Rexnord Corp, Rexnord Holdings, Inc, Zurn Water Solutions Corp
SEC CIK
Corporate docs
Subsidiaries
Chase Acquisition I, Inc. • Hadrian Inc. • Just Manufacturing LLC • ZBS Global, Inc. • Zurn LLC • Zurn Holdings, Inc. • OEI, Inc. • OEP, Inc. • Krikles, Inc. • World Dryer Corporation ...
IRS number
205197013
ZWS stock data
Analyst ratings and price targets
Current price
Average target
$25.67
Low target
$25.00
High target
$26.00
Stifel
Maintains
$25.00
Mizuho
Maintains
$26.00
Baird
Downgraded
$26.00
Latest filings (excl ownership)
8-K
Zurn Elkay Water Solutions Reports Fourth Quarter 2022 Financial Results
7 Feb 23
8-K
Departure of Directors or Certain Officers
3 Feb 23
10-Q
2022 Q3
Quarterly report
25 Oct 22
8-K
Zurn Elkay Water Solutions Reports Third Quarter 2022 Financial Results
25 Oct 22
8-K/A
Financial Statements and Exhibits
8 Sep 22
8-K
Departure of Directors or Certain Officers
15 Aug 22
S-8
Registration of securities for employees
26 Jul 22
10-Q
2022 Q2
Quarterly report
26 Jul 22
8-K
Zurn Elkay Water Solutions Reports Second Quarter 2022 Financial Results
26 Jul 22
8-K
Entry into a Material Definitive Agreement
1 Jul 22
Transcripts
ZWS
Earnings call transcript
2022 Q3
26 Oct 22
ZWS
Earnings call transcript
2022 Q2
27 Jul 22
ZWS
Earnings call transcript
2022 Q1
27 Apr 22
ZWS
Earnings call transcript
2021 Q4
2 Feb 22
ZWS
Earnings call transcript
2021 Q2
21 Jul 21
ZWS
Earnings call transcript
2021 Q4
1 May 21
ZWS
Earnings call transcript
2020 Q4
16 Feb 21
ZWS
Earnings call transcript
2020 Q3
28 Oct 20
ZWS
Earnings call transcript
2021 Q1
2 Aug 20
ZWS
Earnings call transcript
2020 Q4
13 May 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Mar 20 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 71.90 mm | 71.90 mm | 71.90 mm | 71.90 mm | 71.90 mm | 71.90 mm |
| Cash burn (monthly) | 12.83 mm | 33.81 mm | 5.83 mm | (no burn) | (no burn) | 800.00 k |
| Cash used (since last report) | 55.18 mm | 145.38 mm | 25.08 mm | n/a | n/a | 3.44 mm |
| Cash remaining | 16.72 mm | -73.48 mm | 46.82 mm | n/a | n/a | 68.46 mm |
| Runway (months of cash) | 1.3 | -2.2 | 8.0 | n/a | n/a | 85.6 |
Institutional ownership, Q3 2022
87.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 215 |
| Opened positions | 26 |
| Closed positions | 52 |
| Increased positions | 97 |
| Reduced positions | 58 |
| 13F shares | Current |
|---|---|
| Total value | 3.89 bn |
| Total shares | 155.68 mm |
| Total puts | 9.30 k |
| Total calls | 219.60 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Errol R. Halperin | 24.77 mm | $680.73 mm |
| Vanguard | 13.45 mm | $329.43 mm |
| Impax Asset Management | 10.93 mm | $267.25 mm |
| BLK Blackrock | 9.53 mm | $233.51 mm |
| Wellington Management | 7.00 mm | $171.46 mm |
| MCQEF Macquarie | 4.83 mm | $118.33 mm |
| JHG Janus Henderson | 4.39 mm | $107.44 mm |
| BAC Bank Of America | 3.90 mm | $95.62 mm |
| IVZ Invesco | 3.80 mm | $93.21 mm |
| Capital World Investors | 3.30 mm | $80.76 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Jan 23 | Moore George C | Common Stock | Grant | Acquire A | No | No | 22.1 | 1,188 | 26.25 k | 69,505 |
| 17 Jan 23 | Troy Peggy | Common Stock | Grant | Acquire A | No | No | 22.1 | 1,132 | 25.02 k | 37,566 |
| 17 Jan 23 | Schooler Rosemary | Common Stock | Grant | Acquire A | No | No | 22.1 | 1,019 | 22.52 k | 35,479 |
| 17 Jan 23 | Christopoul Thomas | Common Stock | Grant | Acquire A | No | No | 22.1 | 1,160 | 25.64 k | 89,863 |
| 14 Dec 22 | Todd A. Adams | Common Stock | Gift | Dispose G | No | No | 0 | 66,000 | 0.00 | 1,601,349 |
News
Zurn Water Solutions Q4 Adj. EPS $0.16, Inline, Sales $340.30M Miss $344.70M Estimate
7 Feb 23
Earnings Scheduled For February 7, 2023
7 Feb 23
Zurn Water Solutions's Earnings Outlook
6 Feb 23
These '20 Stocks To Watch' Moved On Last Fed Rate Hike: How Will They React Today?
1 Feb 23
Stifel Maintains Buy on Zurn Elkay Water, Lowers Price Target to $25
20 Jan 23
Press releases
Zurn Elkay Water Solutions Reports Fourth Quarter 2022 Financial Results
7 Feb 23
Zurn Elkay Water Solutions Declares Quarterly Cash Dividend
1 Feb 23
Zurn Elkay Water Solutions Schedules Fourth Quarter 2022 Earnings Release and Investor Conference Call
24 Jan 23
Zurn Elkay Water Solutions Named to Newsweek's 2023 List of America's Most Responsible Companies
20 Dec 22